- In
March 2019, DVLP reported an 800 percent year-over-year increase in
monthly revenue
- DVLP’s
growth strategy includes key acquisitions, such as that of Infusionz LLC,
a manufacturer of CBD products
- DVLP’s
Form 10 Registration Statement, filed with the SEC, became effective July
1
Golden Developing Solutions Inc. (OTC: DVLP) is
showing exponential growth with its multitiered strategy working in the CBD,
hemp and cannabis spaces. The strategy includes a diverse focus on online
product sales, acquisitions, manufacturing, product branding and plans for the
development of a 25,000-square-foot production facility in Denver,
Colorado (http://ibn.fm/k7ulC).
DVLP has developed a multifaceted strategy to become a top
competitor in the industry. Its plan synthesizes key acquisitions, diverse
brands and products, and an increase in production capability in order to meet
the growing industry demand for quality cannabis products that has yet to be
met.
This strategy also led to the company’s recent acquisition
of Infusionz LLC. “Our CBD Infusionz segment is bursting at the seams right
now,” DVLP CEO Stavros Triant stated in a news release (http://ibn.fm/BHTw9). “Demand
already vastly outstrips supply capacity. This new facility directly addresses
that issue and should provide the necessary room for the explosive growth that
we anticipated when we made that acquisition in March.”
Another important milestone for DVLP was reaching fully
reporting status with the SEC, effective July 1. “This… has been groundbreaking
for our company, as we’re finally able to announce that our Form 10
Registration Statement is effective,” Triant noted in a release. “We’re now a
fully reporting company to the SEC.” DVLP’s Form 10 registration statement
ensures continued transparency with current and future potential
investors (http://ibn.fm/3aILS).
The company is developing a 25,000-square-foot facility in
Denver, Colorado, which will serve as the primary production base for Infusionz
LLC. DVLP finalized a 54-month, initial-term lease for the facility, and move
in has begun, with full-scale production expected within weeks. DVLP projects a
significant increase in production capacity once the facility is up and
running.
The effectiveness of DVLP’s diverse strategy is evident.
From March 2018 to March 2019, Golden Developing Solutions saw an 800 percent
jump in performance, with additional growth announced in May (http://ibn.fm/bZMF5). “We are
seeing tremendous validation on a strategic level,” added Triant. “The move to
expand our exposure to the CBD space was very well-timed and is already
beginning to pay off. The numbers for March bear that out unmistakably.”
For more information, visit the company’s website at www.GoldenDeveloping.com
NOTE TO INVESTORS: The latest news and updates
relating to DVLP are available in the company’s newsroom athttp://ibn.fm/DVLP
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Editor@QualityStocks.com
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www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
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