Golden Developing Solutions (OTC: DVLP) today announced that
it has issued Letter of Intent (“LOI”) to acquire a quickly expanding cannabis
dispensary Point-of-Sale (“POS”) advertising player in a restricted stock and
cash deal valued on a pre-acquisition basis of more than $4 million. “We
believe the lion’s share of investment returns for the farmers has already been
made. The next phase will be a new strategic landscape in the cannabis sector
defined by falling cannabis prices and massive growth in consumer and B2B
services as mainstream public adoption accelerates in North America,” Golden
Developing Solutions CEO Stavros Triant stated in the news release.
To view the full press release, visit http://ibn.fm/6K0Yb
About Golden Developing Solutions, Inc.
Golden Developing Solutions (DVLP) is developing an online
retail business for cannabidiol (CBD), hemp oil and health/wellness-related
products. Through the website of its wholly owned subsidiary, Pura Vida
Vitamins, as well as through wholesale and distribution channels, the company
offers a broad range of high-quality, price-competitive products, including
traditional vitamins, supplements, and CBD-based tinctures, vapes and soft
gels, among other products. Merchandise also includes hemp and CBD-related
products and additional products focusing on health and lifestyle. Golden
Developing Solutions is a development-stage company providing business services
and/or products supporting the cannabis industry, in which company intends to
make acquisitions in the near future. Currently, 29 states and the District of
Columbia have passed laws permitting their citizens to use cannabis for medical
and/or recreational purposes. Cannabis has shown encouraging signs as a
treatment for various medical conditions and has become increasingly more
acceptable to the public and society. For more information, visit the company’s
websites at www.PuraVidaVitamins.com and www.WheresWeed.com.
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