- DVLP provides business services and products for the cannabis industry
- The company’s focus is on cannabidiol and ancillary software
- DVLP is in the process of moving into a new production facility in Denver
Golden Developing Solutions Inc. (OTC: DVLP) is an emerging leader in the CBD (cannabidiol) products marketplace and ancillary software. Golden Developing Solutions provides business services and products supporting the cannabis industry, including an online retail business for CBD, hemp oil and other health- and wellness-related products.
Additionally, Golden Developing Solutions is concentrating on acquisitions of CBD firms that are in compliance with state and federal laws. Fundamentally, the company focuses on two basic sectors for growth: CBD and ancillary software. DVLP recently launched a new software division featuring a website allowing cannabis growers to obtain information and communicate with one another (www.GreenerGrows.org).
Golden Developing Solutions also acquired Where’s Weed and its main asset, WheresWeed.com. Where’s Weed is an American cannabis-technology company that connects medical and recreational cannabis users with trusted local businesses in their communities. Where’s Weed offers a sophisticated mobile application with strong traction and robust growth potential. WheresWeed.com has a large and expanding reach, and the Where’s Weed mobile app is available for both iOS and Android.
Golden Developing Solutions is in the process of moving into its new 25,000-square-foot production facility in Denver, Colorado. This facility will house main production for the company’s wholly owned subsidiary, Infusionz LLC (“CBD Infusionz”). CBD Infusionz is a premium manufacturer of superior CBD products.
“We are excited to get into the new facility, get organized and ramp up operations,” DVLP CEO Stavros Triant stated in a news release. “This is a massive expansion of our overall production footprint, and we anticipate a correspondingly massive expansion in our growth rate and the value proposition we offer our shareholders. That represents a very strong position for the company, particularly following passage of Colorado House Bill 1090 last month.”
Of significance for Golden Developing Solutions is the passage of House Bill 1090, which allows publicly traded companies to have cannabis licenses. Moreover, the bill permits more investments in Colorado’s cannabis industry by venture capitalists and other private equity firms by removing the limit of 15 out-of-state owners per cannabis company.
Golden Developing Solutions is advancing its vision of leading CBD culture into the contemporary world. The company represents a dynamic investment opportunity, as it focuses on first-class products, CBD branding and the acquisition of recognized brands. Golden Developing Solutions continues an upward growth trajectory as it further develops its direct marketing strategy through its primary online retail channel.
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 at http://cnw.fm/DVLP
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