Golden Developing Solutions (OTC: DVLP), an emerging leader in the cannabis, hemp, and cannabidiol (“CBD”) marketplace, is set to benefit from Congress recently passing the 2018 Farm Bill, loosening restrictions on the cultivation and sale of hemp. An article discussing the company reads, “With the passage of the 2018 Farm Bill, the hemp industry is poised to escape from the doldrums. Hemp is derived from the cannabis sativa plant, differing mainly because it has a much lesser level of THC than marijuana. However, having a common origin with marijuana has meant that it has suffered the same opprobrium and prohibitions. The Marihuana Tax Act of 1937, for example, required every person who sold, dealt in, dispensed or gave away marihuana to register with the Internal Revenue Service and pay a special occupational tax; it made no exception for hemp. The Controlled Substances Act of 1970 retained and intensified the restrictive regime around hemp. By making only negligible distinction from marijuana, it criminalized hemp, labeling it as a Schedule I controlled substance, the most restricted category of drugs. … The Farm Bill reverses that provision, removing industrial hemp from the CSA’s definition of marijuana and, consequently, from Schedule I.”
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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, 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. For more information, visit the company’s websites at www.PuraVidaVitamins.com and www.WheresWeed.com.
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