Emerging leader in the cannabis, hemp and cannabidiol (CBD) marketplace Golden Developing Solutions Inc. (OTC: DVLP) this morning announced June 10, 2019, as the official date that the company will move into its new 25,000-square-foot production facility in Denver, Colorado. According to the update, a new financing agreement is funding equipment to outfit the facility, and the company anticipates a five-fold increase in total production levels in the first three months following delivery and installation. “We are excited to get into the new facility, get organized, and ramp up operations,” DVLP CEO Stavros Triant stated in the 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.”
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About Golden Developing Solutions Inc.
Golden Developing Solutions is developing an online retail business for cannabidiol (“CBD”), hemp oil and health/wellness-related products. The Company is also developing a high-capacity, high-quality CBD extraction and production facility. In addition, through the website of its joint venture partner, 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. For more information, visit the company’s websites at www.PuraVidaVitamins.com and www.WheresWeed.com
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