Emerging leader in the cannabis, hemp, and cannabidiol
(“CBD”) marketplace Golden Developing Solutions (OTC: DVLP) this morning
announced that it is presently establishing a state-of-the-art facility for
high-capacity CBD extraction and production. The company is in negotiations
with a leading supplier of first-class extraction and production equipment and
has strategically chosen an ideal location for the facility which will be
disclosed to shareholders soon. Per the update, the company intends on marketing
both 99% pure CBD distillate and full-spectrum CBD products and targeting major
wholesale manufacturers and dispensaries. Additionally, DVLP also reported a
noteworthy expansion in its core team, with both C-suite and Board of Director
positions growing to include over 50 years in new collective experience in real
estate, cannabis and international business. “Frankly, our Where’s Weed segment
has outperformed, both in terms of financial performance and in terms of
network effects. One major consequence of this latter impact is that a large
and increasing number of our platform dispensaries have indicated that they
would be excited by a vertical integration on our side such that DVLP
represents a one-stop-shop: marketing dispensaries, locating customers, and
supplying the product. We ran the math and it makes sublime sense. With the
cash flow coming from that business, we can seamlessly add a powerful new
segment in stride and everybody wins,” DVLP CEO Stavros Triant commented in the
news release.
To view the full press release, visit http://ibn.fm/II9GM
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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