Golden Developing Solutions (OTC: DVLP), an emerging leader in the cannabis, hemp and cannabidiol (“CBD”) marketplace, this morning announced the signing of a Letter of Intent (“LOI”) to establish a licensing agreement in order to acquire full and exclusive rights to market and distribute a two-time award-winning proprietary line of energy drinks under the DNA Energy Drink brand. DVLP plans to market both CBD-infused and non-CBD energy drinks. “As we put together final documentation, we are preserving our option to acquire the brand and associated recipes at a later date,” Golden Developing Solutions CEO Stavros Triant stated in the news release. “This deal will allow us to expand the value of our current proprietary IP by offering us an exceptionally high-quality platform for developing and distributing a CBD-infused energy drink product with genuine market leadership potential. And it also gives us another revenue driver right out of the gates.”
To view the full press release, visit http://cnw.fm/k8mZu
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.
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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