Golden Developing Solutions, Inc. (DVLP) Primed for Early Christmas Gift as 2018 Farm Bill Frees Up Hemp

December 20, 2018 09:45:09
  • Farm Bill 2018, freeing up hemp, awaits President’s signature
  • Makes CBD from compliant hemp legal
  • DVLP set to benefit, with operations in CBD retail, wholesale and information services

Texas-based Golden Developing Solutions, Inc. (OTC: DVLP), along with the industry as a whole, seems set for a Christmas gift that will surely be welcomed. This past week, Congress passed the $867 billion Farm Bill, which, among other things, loosens restrictions on the cultivation and sale of hemp. Approved by the Senate on Tuesday, December 11, and by the House of Representatives on Wednesday, December 12, the legislation is expected to become law as soon as it is signed by the president, very likely before Christmas. Freeing hemp from prohibitive legal rules opens the way for further research into the plant’s possible nutritional and therapeutic virtues. As a result, DVLP expects demand for hemp-related products and services, like those it offers, to increase.

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…


More from NetworkNewsWire

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

To receive instant SMS alerts, text STOCKS to 77948

For more information, please visit

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published:

NetworkNewsWire (NNW)
New York, New York
212.418.1217 Office