Golden Developing
Solutions Announces Initial
Purchase Order for CBD Products Targeting the
$28B C-Store Snack
Market
Austin, TX -- August 20, 2018 -- InvestorsHub
NewsWire -- Golden Developing Solutions,
Inc. (OTCMKTS:
DVLP) (the
"Company"),
an emerging leader in the CBD Products marketplace,
is
excited
to
announce
a material
Purchase
Order for
CBD oils from a major distributor specializing in
the
distribution
of Snack Foods and
Accessories to the Convenience Store and
Gas Station market. The order represents
significant progress as the Company gears up its
ready-made snack
distribution
strategy for its CBD products.
Given the fact that
brands
and product
categories catering to the health and
wellness segment have begun to flourish
in the $28
billion Convenience Store and Gas Station snack food market
(such as
5-Hour Energy,
vitamin supplements, fresh produce, and nitrate-free snack
foods), management believes the trends
defining this market niche now
represent a
powerful
opportunity for the Company's
CBD product
strategy.
This strategy will complement
the Company's existing direct-to-consumer
strategy, which will launch this quarter through the
commencement
of
online sales
on
its
website,
www.puravidavitamins.com.
Golden Developing Solutions
CEO, Stavros Triant, commented, "We are extremely excited about the
launch of our CBD product line with this
distributor.
The C-Store strategy dovetails perfectly with
our direct
marketing strategy through our primary online
retail channel, and we have indications from
the distributor that, if this initial test order
goes well, successive Purchase Orders could
be significant and
underpin strong sales growth in Q1 2019."
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
(www.PuraVidaVitamins.com), 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.
Forward-Looking Statements
This press release contains
forward-looking statements. All statements other than statements of
historical facts included in this press release are forward-looking
statements. In some cases, forward-looking statements can be
identified by words such as "believe," "expect," "anticipate,"
"plan," "potential," "continue" or similar expressions. Such
forward-looking statements include risks and uncertainties, and
there are important factors that could cause actual results to
differ materially from those expressed or implied by such
forward-looking statements. Investors are encouraged to review the
Company's filings with the Securities and Exchange Commission.
Investors should not place any undue reliance on forward-looking
statements since they involve known and unknown, uncertainties and
other factors which are, in some cases, beyond the
Company's control which could, and likely will, materially affect
actual results, levels of activity, performance or achievements.
Any forward-looking statement reflects the Company's current views
with respect to future events and is subject to these and other
risks, uncertainties and assumptions relating to operations,
results of operations, growth strategy and liquidity. The Company
assumes no obligation to publicly update or revise these
forward-looking statements for any reason, or to update the reasons
actual results could differ materially from those anticipated in
these forward-looking statements, even if new information becomes
available in the future. The contents of any website referenced
herein are not incorporated into this press release.
Media Contacts:
Vince Trapasso
(973) 219-3696
VTrapasso@PuraVidaVitamins.com
