Geometry Dash APK Hill Climb Racing APK
54.6 F
New York
Wednesday, May 25, 2022

GOLDEN DEVELOPI/SH SH (OTCMKTS:DVLP) Roars to Life in the CBD Space

Must read

American Diversified Holdings Corp (OTCMKTS:ADHC) Nears Critical Level

When a stock records significant gains and then crashes and repeats over the course of a few months, then it might be...

Reconnaissance Energy Africa Ltd (OTCMKTS:RECAF) Gathers Further Momentum

If you are currently looking for stocks that may have recorded massive gains within a short period of time, then it might...

Humbl Inc (OTCMKTS:TSNPD) Bounces Back and Lands On The Radar

Over the course of the past months, Humbl Inc (OTCMKTS:TSNPD) stock has managed to record massive gains and much of that has...

Alpine 4 Technologies Ltd (OTCMKTS:ALPP) Looks to Maintain Critical Momentum

Stocks that make massive gains over a reasonable period of time cannot hope to maintain them forever. At some point, a correction...

One stock that just came out of the blue to rake in some big gains in the CBD space is GOLDEN DEVELOPI/SH SH (OTCMKTS:DVLP). The company has a promising pot locator app that connects up the network effect model here as well. If they make good on driving CBD as a vertically integrated play, then this could be something to have on the radar.

To further flesh out the story, the company just announced that its Where’s Weed division has entered into a strategic partnership with FlowHub (flowhub.com), one of the largest and fastest growing point-of-sale systems in the cannabis industry, with over $1 billion in cannabis transactions processed annually across eleven states. “We continue to build out our Where’s Weed scope and reach,” commented Stavros Triant, CEO of DVLP. “Adding FlowHub to our network is a massive boost that paves the way for an even faster pace of growth and new user adoption.”

GOLDEN DEVELOPI/SH SH (OTCMKTS:DVLP) trumpets itself as a company that is developing an online retail business for cannabidiol (CBD), hemp oil and health/wellness-related products.

The Company is also developing a high-capacity, high-quality CBD extraction and production facility. In addition, through the website of its joint venture partner, 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.

The company also owns Where’s Weed, a leading cannabis locator and community portal and app.

Find out when $DVLP reaches critical levels. Subscribe to OracleDispatch.com Right Now by entering your Email in the box below.

As noted above, DVLP just announced that its Where’s Weed division has entered into a strategic partnership with FlowHub (flowhub.com), one of the largest and fastest growing point-of-sale systems in the cannabis industry, with over $1 billion in cannabis transactions processed annually across eleven states.

The chart shows approaching 120% piled on for shareholders of the listing during the trailing month. Furthermore, the listing has benefitted from a jump in recent trading volume to the tune of above 580% above the average volume levels in play in this stock over the longer term.

“This is a win-win for everyone involved,” continued Mr. Triant. “Our users have better and wider access to more updated and accurate information. The dispensary owner has an automated update process on our portal, which saves time and energy. FlowHub has a best-in-class mobile and online functional interface in Where’s Weed. And we have faster growth and happier users.”

At this time, carrying a capital value in the market of $22.3M, DVLP has virtually no cash on the books, which compares with virtually no total current liabilities. The company is pre-revenue at this point. That said, this is an exciting story, and we look forward to a follow-up chapter as events transpire. Sign-up for continuing coverage on shares of $DVLP stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!

Disclosure: we hold no position in $DVLP, either long or short, and we have not been compensated for this article.

Latest article

Trans Global Group Inc (OTCMKTS:TGGI) Stock In Focus After Operational Updates

The Trans Global Group Inc (OTCMKTS:TGGI) stock may not have been in the news today yet but it...

Why Hycroft Mining (NASDAQ:HYMC) Stock Shot Up 700%

If you are on the hunt for stocks that may have made major gains over the course of the past week, then...

Secure Paymentz releases banking software demo on Github

This is a paid announcement from one of our advertising partners. How to Leverage Your Trading Position by Secure...

Advanced Asset Management Announces New Website Launch

This is a paid announcement from one of our advertising partners. Financial Planner in Grandville, Michigan

88 Energy Ltd (OTCMKTS:EEENF) Stock In Focus After Recent News

Every day plenty of investors look for stocks to invest in from the oil and gas sector. It is a vast industry...
Şehirler arası nakliyat ve Şehirler arası taşımacılık konusunda en uygun fiyatlar ve en kaliteli hizmet.
ofis taşıma firmaları ve ofis taşıma konusunda en uygun fiyatlar ve en kaliteli hizmet.
SmsVerifyer.com Affordable best sms verification service