DVLP - NetworkNewsBreaks - Golden Developing Solutions Inc. (DVLP) Announces 149% Where's Weed Q4 Revenue Growth Expects Accelerating Platform Growth in Q1 and 2019
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.”
To view the full press release, visit: http://nnw.fm/zg0kN
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.
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 https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com