Golden Developing Solutions Inc (DVLP)

[MoneyCommando]

The Company was excited to receive news of recent bills signed into law by Colorado Governor Jared Polis on May 29, following passage by state legislators in session. House Bill 1090 has particularly strong implications for investments in the Colorado Hemp, Cannabis, and CBD sector, as outlined in a recent piece in the Denver Business Journal. Specifically, the bill allows publicly traded companies to have cannabis licenses and enables more investments in the state’s cannabis industry by venture capitalists and other private equity firms by removing the limit of 15 out-of-state owners per cannabis company.