Emerging leader in the cannabis, hemp, and cannabidiol (“CBD”) marketplace Golden Developing Solutions (OTC: DVLP) this morning announced the continued acceleration in revenue growth for its Where’s Weed division, including 149 percent of quarterly year-over-year sales growth and total Q4 revenues exceeding $300K. Based on performance thus far this year, including January’s $108K in revenues, DVLP projects that Where’s Weed Q1 2019 revenue will eclipse the company’s full year 2018 results, representing continued accelerating growth of the company’s leading cannabis services platform. “The Where’s Weed platform hosted over $18M in transactions last year, and we continue to see booming results in terms of pace of adoption since we acquired the platform in September,” DVLP CEO Stavros Triant stated in the press release. “We made that move because we believed in two things: first, cannabis is a secular growth story with major legs over coming years; and second, most of that growth will migrate over into services now that we have already seen a boom in marijuana production capacity investment last year. So far, we haven’t seen anything to contradict that thesis.”
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About Golden Developing Solutions Inc.
Golden Developing Solutions (OTC: DVLP) is developing an online retail business for cannabidiol (CBD), hemp oil and health/wellness 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. 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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