DVLP Golden Developing Solutions Inc (CE)

AUSTIN, TX -- January 17, 2019 -- InvestorsHub NewsWire -- Golden Developing Solutions, Inc. (OTCMKTS: DVLP) (“DVLP” or the “Company”), an emerging leader in the Cannabis, Hemp, and CBD marketplace, is excited to announce the broad nationwide expansion of its Where’s Weed segment, and its primary assets, the Where’s Weed Mobile App and WheresWeed.com, representing an online and mobile cannabis services hub that focuses on fast, secure, and efficient discovery, purchasing, and delivery scheduling of cannabis in both recreational and medical markets in the United States and Canada.

The Company is tripling its total sales force, expanding service to cover the entire US market, and dramatically building out its network of partner dispensaries and distributors integrated into the Where’s Weed mobile platform.

The Where’s Weed segment finished 2018 with blockbuster overall growth in transacted business, hosting platform pre-purchase transactions of $18 million for the year. Management believes this powerful growth has begun to trigger important network effect benchmarks that outline huge potential ahead for niche dominance in the cannabis location, purchase, and delivery online and mobile app services space. Management also plans to work toward future monetization of the platform through the eventual implementation of a minor usage fee for purchases executed on the mobile app, subject to legal restrictions.

DVLP CEO Stavros Triant commented, “Where’s Weed continues to pick up steam at a booming pace. As the platform organically expands in the wake of the signing of the historic 2018 Farm Bill, we will happily invest in accelerating that growth.”

“The value of our prepurchasing function cannot be understated and we think this is set to be one of the most popular and powerful features on the platform,” continued Mr. Triant. “As far as we know, it’s absolutely the best way to guarantee that the dispensary you go to will give you the product you want. Without searching and locating the product and prepurchasing it over the Where’s Weed mobile platform, you may waste an hour of your time and end up finding that what you want has just sold out before you get there.”

Finally, in its effort to greatly expand its overall presence in the cannabis space, the Company will be making a major addition to its core business model with a critical announcement to be made in coming weeks.

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 joint venture partner, 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.


Corporate Contact:
Stavros Triant
stavros@goldendeveloping.com
623-826-5206
 
Press & Media Inquiries:
EHC Branding Agency
Info@EHCBrandingAgency.Com
(626) MJ-BRAND
 

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