By Stephen L Kanaval via Iris.xyz
The introduction of CBD to mainstream culture is well underway. Already, cannabidiol is readily available in cosmetic counters and pharmacies in various products. Bolstered by the firm foundation of the new Farm Bill, which effectively moves hemp out of the jurisdiction of the DEA and into the hands of the Department of Agriculture, CBD products are going to be traveling across state lines and popping up in storefronts in Q1 this year. Diamond CBD, a subsidiary of Pot Network Holdings POTN [OTO] – $0.11, has already begun work on this initiative and they have decided to come to a mall near you.
In November, POTN announced that Diamond CBD would be setting up a kiosk at Broward Mall in Plantation, Florida. The kiosk was up and running during Black Friday this year, and, overall, the move really shows not only the expansion in store for all of CBD, but also shows POTN’s footprint in this space. According to their website, the company sees this as a overarching goal this year to expand to malls across the United States. Diamond CBD and POTN are established operators in a space that is expected to produce $2.1 billion in consumer sales by 2021.
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