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Posted On: 02/05/2019 5:01:28 PM
Post# of 77
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.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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