Golden Developing Solutions (OTC: DVLP), an emerging leader
in the cannabis, hemp, and cannabidiol (“CBD”) marketplace, is set to benefit
from Congress recently passing the 2018 Farm Bill, loosening restrictions on
the cultivation and sale of hemp. An article discussing the company reads,
“With the passage of the 2018 Farm Bill, the hemp industry is poised to escape
from the doldrums. Hemp is derived from the cannabis sativa plant, differing
mainly because it has a much lesser level of THC than marijuana. However,
having a common origin with marijuana has meant that it has suffered the same
opprobrium and prohibitions. The Marihuana Tax Act of 1937, for example,
required every person who sold, dealt in, dispensed or gave away marihuana to
register with the Internal Revenue Service and pay a special occupational tax;
it made no exception for hemp. The Controlled Substances Act of 1970 retained
and intensified the restrictive regime around hemp. By making only negligible
distinction from marijuana, it criminalized hemp, labeling it as a Schedule I
controlled substance, the most restricted category of drugs. … The Farm Bill
reverses that provision, removing industrial hemp from the CSA’s definition of
marijuana and, consequently, from Schedule I.”
To view the full article, visit http://ibn.fm/Jqcby
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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