Golden Developing Solutions (OTCMKTS: DVLP), an emerging
leader in the Cannabis and CBD marketplace, today announced that it is in
formal negotiations to acquire a premier CBD oil company. Although DVLP is
unable to release the name of its acquisition target at this time, it noted
that the target is a quickly growing, fully-commercial entity that presently
produces annualized monthly sales of more than $5 million for its CBD and CDB
Products. “The CBD marketplace is experiencing scaling growth that represents a
truly historic boom of epic proportions. And experts only expect growth to
accelerate over coming years. While we are only in the negotiation stage of
this acquisition opportunity, if we can nail down terms and complete this deal,
we feel it has the potential to position the Company as a powerhouse player in
that boom. And we look forward to updating shareholders as soon as possible as
the process unfolds,” Golden Developing Solutions CEO Stavros Triant stated in
the news release.
To view the full press release, visit http://ibn.fm/btsbV
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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