Sat. Nov 23rd, 2024

PotNetwork Seals Deal to Sell Premium CBD in China

By Dipo Olowookere

PotNetwork Holding Inc says its subsidiary, Diamond CBD, has entered into an agreement to deliver and distribute its premium cannabidiol (CBD) product line into the thriving China industry, one of the largest consumer markets in the world.

PotNetwork has partnered with a US-based company that provides international business and consulting services, and sources and distributes industrial commodities in China and the Americas. The company provides a platform to support, develop, and nurture these international businesses opportunities which will play a vital role in the ongoing globalization of economic activity.

It possesses a unique ability to identify emerging market opportunities and provide comprehensive solutions or services relevant to conducting international business.

With a comprehensive knowledge of the innate practices of Chinese commerce blended with experience within the US and the Americas, the firm offers a compelling advantage enabling capitalization on the growth of the Chinese economy as well as other emerging markets such as Peru, Bolivia, Chile and Ecuador.

The company says it will be making its most popular products available including Diamond’s popular Chill and Relax Gummies, a tasty selection more than 200 flavoured CBD Hemp Oils, Blue CBD Crystals Isolate, Relax Extreme CBD collection, CBD Shots, quality Vape Additives, and more.

“We are thrilled to be stepping into this enormous and advantageous segment of the industry. The incredible opportunities opening before us are a significant indicator of how robust the growth potential is in this sector.” stated Emily Smith, Vice President of Marketing. China has a consumer base of nearly 1.5 billion people. With equivalent to over 18% of the total world population, consisting of consumers that predominantly embrace homeopathic and natural remedies, forecasts for the newly emerging CBD market in China represent outstanding potential. Smith concluded, “CBD supplements are so new in the market, that forecasts still vary considerably, a perfectly ideal point in time to be bringing our top-quality product line into the market. We are prepared to be a pioneer and choice CBD oil provider that can empower the health conscious Chinese population with top quality premium supplements.”

Having already generated over 1 trillion Yuan in consumer sales, the Chinese nutrition and health product industry is expected to continue rapid growth.

Currently, the benefits of CBD oil have not been widely promoted in mainland China.

According to ProjectCBD and their examination of peer reviewed articles in scientific journals, CBD oil has been discovered to be effective in reducing anxiety, stress and poor sleep as well as many other ailments such the prevention Alzheimer’s disease, which is prevalent among the aging population which is a segment of the population that has been trending upward in China.

By Dipo Olowookere

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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