- Global
acceptance of cannabis and related CBD products continues to increase
- Worldwide
legal cannabis market projected to reach $146 billion by end of 2025
- Consumer
demand for CBD products expected to explode with U.S. legalization of hemp
- New
software division, Greener Grows, joins Where’s Weed and upcoming Where’s
CBD
As an emerging leader in ancillary software and the
cannabidiol (CBD) products marketplace, Golden Developing Solutions, Inc. (OTC:
DVLP) provides business services and/or products supporting the cannabis
industry, including an online retail business for CBD, hemp oil and
health/wellness-related products. The company recently launched its new software
division, called ‘Greener Grows’, at MJBizCon 2018 in Las Vegas, the nation’s
largest cannabis trade show that, in November, attracted over 1,000
participants and exhibitors (http://ibn.fm/LSco7).
Golden Developing Solutions CEO Stavros Triant said in a
news release that the Greener Grows platform will provide valuable information
to cannabis growers and producers through an online sharing experience (http://ibn.fm/K0YAa). Among the
values underpinning Greener Grows is a desire to help others in the cannabis
industry find the greenest, most cost effective and most environmentally
friendly improvements to cannabis cultivation, according to the GreenerGrows website (http://ibn.fm/gkMHe). Golden
Developing has “created the ultimate industry tool for businesses to
anonymously share their metrics and compare with others” that will help
companies visualize how costs and yields could change based on adjustments to
infrastructure and a focus on sustainability, environmentalism and security.
Progressive entrepreneurs are often at the helm of cannabis
companies and related support services, bringing a sense of responsibility to
the environment to their business ventures, according to an article in
Forbes (http://ibn.fm/KGam9).
A full 70 percent of millennials will pay more (http://ibn.fm/u8txM) for
products made sustainably, while 83 percent consider a product’s environmental
or social impact before making a purchase, the article states. GreenerGrows.com
provides an important resource for the cannabis industry, stating that those in
the cannabis space have a duty to be as environmentally friendly as possible.
Golden Developing is also expanding its hemp and CBD
strategy with the launch of a new products portal, www.WheresCBD.com. The new
site will aggregate nationwide CBD products for consumers searching for
high-end hemp oil and CBD isolates and mirrors DVLP’s popular www.WheresWeed.com website
and cannabis services hub. The Where’s Weed mobile app is available for both
Android and iOS devices and has been downloaded more than 80,000 times to date.
“Where’s Weed has been a home run for us since we made the
move and acquired the leading cannabis and hemp community hub several months
ago,” Triant stated in a news release (http://ibn.fm/NgAB3). “We outlined our strategy to invest
in cannabis and hemp related services because we believed it was a tremendously
undervalued space in terms of online real estate. The development of
WheresCBD.com is a natural step in the same direction. Naturally, the signing
of the 2018 Farm Bill will only serve to further bolster that momentum. Look
for the launch to hit next quarter.”
The global legal cannabis market is expected to reach $146.4
billion by the end of 2025, according to a report by Grand View Research,
Inc. (http://ibn.fm/diWD8).
In the U.S. alone, the legal cannabis sector is expected to grow at a compound
annual growth rate of nearly 25 percent from 2017 to 2025, with advances in new
product development expected to enhance product adoption among consumers.
For more information, visit the company’s website at www.GoldenDeveloping.com
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