Revenues in the quickly expanding cannabidiol market continue to trend upward as legal marijuana and CBD Cannabis companies introduce improved quality and higher purity products into the markets. As more and more states continue to examine and consider increasing legislature approvals of any level of use for legal medical and cannabis operations including consumer uses, a growing number of marijuana-CBD companies are realizing increasing revenue opportunities such as PotNetwork Holding, Inc., Medical Marijuana, Inc., Hemp, Inc., Ubiquitech Software Corp. and Marijuana Company of America, Inc.
 
PotNetwork Holding, Inc. announce that its wholly owned subsidiary, Diamond CBD, Inc., after an exponentially record breaking month in April, continues to experience a powerful upward trend in sales. 
 
The continually rising success and popularity of Diamond CBD’s product line has surprised even upper level management. “We cannot understate the diligence of our team in their tireless effort to bring our trendy and delightful products into the limelight, such effort would fundamentally boost the popularity of any product line. However, the level of product acceptance by which our efforts have been met brings continuing gratification, keeping the team pumped knowing that nothing can stop an idea whose time has come,” said Maria Gomez, regional vice president of sales for Diamond CBD, Inc. 
 
PotNetwork recently announced that Diamond CBD, Inc. had disclosed first quarter 2017 sales results of about $1.86 million, which exceeded the total sales volume of $1.66 million for the entire calendar year of 2016.
 
Having recently celebrated the distribution of 1 million Chill Gummy edibles, Diamond CBD has reported ongoing record-breaking order flow, resulting in the achievement of numerous highly anticipated milestones, including CBD product distribution in approximately 10,000 retail locations nationwide. As a result of the company’s representation at diversified trade shows and conventions combined with strategic publicity efforts, the company continues enjoying considerable growth, clientele and brand recognition for its specialty cannabidiol snacks and oil products. 
 
In other industry market performances of note and recent developments:    
 
Medical Marijuana, Inc. announced that its subsidiary HempMeds Mexico and its cannabidiol (CBD) oil product Real Scientific Hemp Oil-X (RSHO-X) garnered national news headlines across Mexico after news of the Mexican Congress passing legislation April 28 to legalize the use of marijuana and cannabis for medical and scientific needs in Mexico.
 
Aligned with Hemp, Inc.’s Triple Bottom Line approach, CEO Bruce Perlowin is exploring the possibilities of developing ‘Hemp Growing, CBD Producing Veteran Village Kins Communities’ in North Carolina and considering several other states similar to the 500-acre demonstration community being built in Arizona. He currently has 2,500 acres (and counting) of land north of Kingman, Arizona where he’s building a Veteran Village on 500 of those acres that would consist of 160 lots of 2 1/2 acre parcels for Kins Domains (eco-villages). Each parcel would grow 1 acre of hemp as well as have organic gardens, natural beehives, a pond, a living fence and other elements. An additional 100 acres of hemp will be grown in each one of these 500-acre communities which will also include a 100,000 square-foot hemp (CBD) processing facility. The revenue from 50 of those acres is used to support that community. The revenue from the other 50 acres of hemp will be used to purchase two additional 500-acre parcels of land, thus keeping up with the needs of a large number of veterans that exist now and in the future.
 
Ubiquitech Software Corp., through its subsidiary HempLife Today, a growing company offering CBD products derived from hemp, is renewing its giveaway of a free trial pack of six CannazALL CBD GelCaps to the general public. This free trial pack consists of six 25 mg CannazALL CBD GelCaps, derived from hemp.
 
Marijuana Company of America, Inc. is a publicly traded company headquartered in Southern California that distributes marijuana and products related to marijuana as well as CBD and hemp, using a variety of marketing approaches to distribute on a global basis.