Golden Developing Solutions, Inc (DVLP) Completes Where’s Weed Acquisition
DVLP Completes Acquisition of Market Leading Cannabis Consumer Resource
AUSTIN, TX / ACCESSWIRE / September 25, 2018 / Golden Developing Solutions, Inc. (OTC PINK: DVLP) (“DVLP” or the “Company”), an emerging leader in the Cannabis and CBD marketplace, is proud to announce the completion of its acquisition of Where’s Weed (Layer Six Media DBA “Where’s Weed”), and its primary asset, www.WheresWeed.com, an online and mobile cannabis services hub that focuses on fast, secure, and efficient discovery and purchasing of cannabis in both recreational and medical markets in the United States and Canada.
“Where’s Weed is a true leadership play in the cannabis space, boasting over 2.9 million monthly page views and a mobile app that has already been downloaded over 80K times. These are the guys that developed and launched the first marijuana locator equipped with an Online Ordering platform. The service has been booming ever since. We strongly believe this acquisition adds an enormous dose of value and optionality for DVLP,” noted the Company’s CEO, Stavros Triant.
With the Marijuana space undergoing robust growth throughout North America, management believes that Wheresweed,com is ideally placed to benefit from legislative advances and greater awareness among a growing cohort of consumers. In addition, as a hub of sharply defined online activity, the property offers powerful positioning advantages that cross over to other business opportunities that the Company may wish to pursue in the future.
Mr. Triant continued, “We are extremely excited to have such a promising and popular cannabis services brand now under our ownership. We expect to add significant value and facilitate a further acceleration looking ahead.”
About Where’s Weed
Where’s Weed is an American cannabis technology company known for connecting medical and recreational cannabis users with trusted local marijuana businesses in their communities. Where’s Weed was founded in 2011. The company launched the Where’s Weed Android app in 2014 and released the iOS version in 2015.
About Golden Developing Solutions, Inc.
Golden Developing Solutions (DVLP) is developing an online retail business for cannabidiol (CBD), hemp oil and health/wellness-related products. Through the website of its wholly owned subsidiary, Pura Vida Vitamins ( www.PuraVidaVitamins.com ), 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, 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.
This press release contains forward-looking statements. All statements other than statements of historical facts included in this press release are forward-looking statements. In some cases, forward-looking statements can be identified by words such as “believe,” “expect,” “anticipate,” “plan,” “potential,” “continue” or similar expressions. Such forward-looking statements include risks and uncertainties, and there are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Investors are encouraged to review the Company’s filings with the Securities and Exchange Commission. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond the Company’s control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company’s current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The contents of any website referenced herein are not incorporated into this press release.
SOURCE: Golden Developing Solutions, Inc.