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DVLP, a developer of online retail businesses for cannabidiol, hemp oil and health and wellness products, said Monday that it completed the acquisition of CBD product manufacturer Infusionz, LLC.
CBD Infusionz - This new announcement casts the company in a new and exciting light given the rampant growth going on the marijuana marketplace, and the even more dramatic growth expected in Q4 of this year and throughout next year. $DVLP
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.
DVLP equity is now trading at just 2X our 2019 projected sales, which represents a run rate of $6 million on an annualized basis at current levels. That run rate is also a fixed point on a steep growth curve that shows evidence of a 4-6 month doubling rate at present.
With CBD Infusionz operationally integrated, they will now have on offer more than 150 product SKU’s, including vegan products, pet products, pre-rolls, concentrates, creams and lotions, muscle freeze, massage oil, and premium products with existing brand traction such as the Saucy Boss Concentrate line and the Terpy J Pre-roll line.
Updates to follow this year are one of their products is upgrading its new machinery lines, new CBD processing facilities and the full-scale launch of wherescbd.com. Go take a look at www.cbdinfusionz.com and take a look at our product lines.
Morning $DVLP
$BTFL on my watchlist next week
$BTFL looking to have a very nice next week
$VSYM has a Market Cap of less than $1.4 million
New products in Q1 2019 and technology is amazing. Products sanctioned by U.S. department of homeland security. Interesting one to keep eyes on.
Looking forward on April 1st, The company will be opening of primary distribution facility in Phoenix, AZ. The 2,450 square foot facility.
Over the last couple of years CBD has had a surge of interest among americans. Roughly 40 percent of U.S. adults age 21 and over indicated a willingness to explore CBD under the right conditions, according to a new study on U.S.
According to the RollingStone article published in 2018, the CBD market will hit a huge total of $22 Billion by 2022.
UP 5.15% Looks like things are just starting to heat up here. This is going to be one of the biggest CBD plays of the year in my opinion. Amazing ground floor opportunity. $DVLP
$DVLP volume picking up here. Holding a few and adding more.
Buckle up it's power hour
Following this acquisition, DVLP now more focused on CBD than we have been in the past because the growth curve is even more robust in CBD than it is in cannabis, given the lack of legal barriers to mainstream adoption by consumers in North America. $DVLP
DVLP equity is now trading at just 2X our 2019 projected sales, which represents a run rate of $6 million on an annualized basis at current levels. That run rate is also a fixed point on a steep growth curve that shows evidence of a 4-6 month doubling rate at present.
Combined sales and including the transaction, have reached a record high for both companies in February totaling more than $500,000. DVLP and CBDinfusionz.com have consistently doubled their sales growth every 4-6 months.
They now have created what they believe to be the largest product selection in the CBD industry.
With the latest acquisition of CBDinfusionz.com, their size of operations is now over 30 team members in 5 states and 4 commercial locations.
Shares of the stock have been trending higher. As noted above, this may be a more explosive stock over coming days and weeks simply because it is much less well known at this point and still open to being discovered by the crowd. But liquidity is clearly picking up and we could see some powerful movement ahead. $DVLP
DVLP is an emerging leader in the Cannabis, Hemp, and CBD marketplace, announced similar accelerating revenue growth for its “Where’s Weed” division, including quarterly year over year sales growth of 149% and total Q4 revenues in excess of $300K.
Happy Friday I’m high on $DVLP.
$APYP has PENNY potential..
$APYP HUGE volume I'm expecting news soon..
The transaction and combined sales have reached a record high of more than $500,000 for both companies in February, and DVLP and CBDinfusionz.com have consistently doubled their sales growth every 4-6 months.
the size of DVLP operations is now over 30 team members in five states and four commercial locations with the latest acquisition of CBDinfusionz.com.
The company’s move into the lucrative C-store snack market was solidified with a material purchase order for CBD oils from a major distributor specializing in the snack foods and accessories to the convenience store and gas station market. The order represents significant progress as DVLP gears up its ready-made snack distribution strategy for its CBD products.
“We are extremely excited about the launch of our CBD product line with this distributor,” Triant states. “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.”
Golden Developing Solutions said it expects the acquisition of CBD Infusionz will represent a great addition to its CBD business and will provide value for the company and its shareholders.
The first thing to understand here is this: DVLP is taking a different angle on capitalizing on the cannabis boom. The company just acquired “Where’s Weed”, which is a rapidly growing community-based online resource for cannabis consumers with a host of user-friendly services, including a sophisticated Mobile App with strong traction and powerful growth potential as the North American legal cannabis market continues to expand exponentially. $DVLP
There really is no doubt about it at this point: the biggest moves in the stock market both this year and last year are to be found in the cannabis stocks, and GOLDEN DEVELOPING SOLUTIONS (DVLP) represents the new kid on the block in that group. So, we thought it would be a good idea to take a look under the hood. $DVLP
LATEST PR: DVLP Issues Shareholder Letter on Increased Growth Potential Following Recent CBD Acquisition
DENVER, March 26, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Golden Developing Solutions, Inc. (DVLP) (“DVLP” or the “Company”), an emerging leader in the Cannabis, Hemp, and CBD marketplace, issues the following letter to Shareholders from the CEO:
Dear Valued Shareholder,
First off, I want to begin by expressing our gratitude to all of our committed shareholders as we push through a period that we believe is laying a powerful foundation for increasing upside potential as an emerging diversified leader in the cannabis and CBD markets.
As you know, we have secured powerful traction in the cannabis space as a service provider with our popular Where’s Weed app and portal. And, recently, we expanded this market coverage footprint by moving into the CBD space full force with our Where’s CBD portal, which is beginning to take root as a powerful resource.
That sets the stage for what we feel could be a true gamechanger in the quarters ahead, in terms of synergies and overall augmentation of our core growth proposition: our recent acquisition of Infusionz, LLC (“CBD Infusionz”), a premium manufacturer of high quality CBD products.
Why do we believe this acquisition is such an important move?
First off, it will immediately augment our topline growth data, which is a core factor for institutional investors in search of strong growth potential. We can now offer a better argument given the strong revenues we assume as we onboard CBD Infusionz. For example, if we backdate our analysis, the combined entity would have had total sales of more than $500K in February alone.
In addition, following this acquisition, we have a fully developed retail, wholesale, distribution, and white labeling operation in the CBD space to augment our Where’s CBD services offering.
In fact, with CBD Infusionz operationally integrated, we will now have on offer more than 150 product SKU’s, including vegan products, pet products, pre-rolls, concentrates, creams and lotions, muscle freeze, massage oil, and premium products with existing brand traction such as the Saucy Boss Concentrate line and the Terpy J Pre-roll line.
In short, we emerge from this deal with a powerful value proposition for new investment capital. Our equity is now trading at just 2X our 2019 projected sales, which represents a run rate of $6 million on an annualized basis at current levels. That run rate is also a fixed point on a steep growth curve that shows evidence of a 4-6 month doubling rate at present.
And, perhaps most importantly, we are tethered to arguably the two most robust growth markets on the planet right now in cannabis and CBD. Following this acquisition, we are now more focused on CBD than we have been in the past because the growth curve is even more robust in CBD than it is in cannabis, given the lack of legal barriers to mainstream adoption by consumers in North America. Recent updated forecasts now anticipate a twenty-fold ramp in total sales volume over the next 36 months in the CBD marketplace to over $20 billion, according to several prominent forecasts.
In other words, we believe, with our recent acquisition of CBD Infusionz, we have assembled the pieces of a very strong shareholder value proposition over coming quarters and years.
We will continue to act according to the principles that have taken us this far. We have a number of exciting plans in the works, and we will do our best to keep you updated as we move forward.
Best Regards,
Stavros Triant, CEO
Good morning $DVLP friends
$ATVK Heavy accumulation and volume. Ready to BREAKOUT
$ACGX took some .0007 on nice revenue news. This should be trading MUCH higher
$ACGX How many OTC stocks can produce news like today? Peeps flipping or somebody loading but I don't see how it stays in trips
$ACGX - Revenue for 2018 $15 million; Net Income of $475,139; Cash Flow Increase of near $232k at the end of the year. Market Cap only $1million. Buy up before the pirates do. Audits are coming!