PotNetwork Holdings Inc. announced that Kevin Hagen, President of its subsidiary, First Capital Venture Co., has been appointed as new Chief Executive Officer effective October 25, 2018. Former CEO, Dr. Richard Goulding, assumes the new role of Chief Medical Officer, spearheading new product development and clinical testing of new proprietary products. Dr. Goulding will devote his time solely to this role, terminating any involvement with other entrepreneurial initiatives and affiliations, private or public, in the CBD industry.

Dr. Goulding will focus on product development, in an effort to expand and enhance the Company's offerings.