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PotNetwork Holdings, Inc. Retains Major Law Firms For Guidance on Intellectual Property and FDA Product Registrations

FT LAUDERDALE, Fla., July 19, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- PotNetwork Holdings, Inc. (OTC Pink:POTN) announces today that the company has engaged national law firms in Fort Lauderdale, Florida and Washington, D.C. to handle intellectual property matters, and for regulatory guidance on FDA submissions and related matters.

The Company engaged the law firms in order to assist in exploring and initiating the registration of trademarks and patents related to certain of its hemp-derived Diamond CBD products, and to evaluate the feasibility of FDA approval and registrations for certain products.

Dr. Richard Goulding, CEO of the Company, will spearhead the overall project in collaboration with the Company’s Scientific Advisory Board.

The Company is in the process of obtaining FINRA approval for changing its name to “BioTech Hemp, Inc.” and changing its trading symbol.

About Diamond CBD, Inc.: Diamond CBD focuses on the research, development, and multinational marketing of premium hemp extracts that contain a broad range of cannabinoids and natural hemp derivatives. Diamond CBD’s team consists of hemp industry pioneers and natural product experts, chemists, doctors and scientists, dedicated to producing the finest and purest cannabidiol (CBD) oils. The result is a robust selection considered among the most powerful natural CBD oils, tinctures, edibles, and vape liquids found anywhere. For more information, please visit its website at www.DiamondCBD.com.

About PotNetwork Holdings, Inc.: PotNetwork Holdings, Inc. (OTC Pink:POTN) is a publicly traded company that acts as a holding company for its subsidiaries, First Capital Venture Co., the owner of Diamond CBD, Inc., the maker of Diamond CBD oils.

Safe Harbor: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter forward-looking statements, whether as a result of new information, future events or otherwise.

Contact: PotNetwork Holdings, Inc. Investor Relations: Marisol Elwell

1-800-915-3060 investor@PotNetworkHolding.com

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