NetworkNewsBreaks – Golden Developing Solutions,
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Golden Developing Solutions (OTCMKTS: DVLP), an emerging leader in the Cannabis and CBD marketplace, today announced that it is in formal negotiations to acquire a premier CBD oil company. Although DVLP is unable to release the name of its acquisition target at this time, it noted that the target is a quickly growing, fully-commercial entity that presently produces annualized monthly sales of more than $5 million for its CBD and CDB Products. “The CBD marketplace is experiencing scaling growth that represents a truly historic boom of epic proportions. And experts only expect growth to accelerate over coming years. While we are only in the negotiation stage of this acquisition opportunity, if we can nail down terms and complete this deal, we feel it has the potential to position the Company as a powerhouse player in that boom. And we look forward to updating shareholders as soon as possible as the process unfolds,” Golden Developing Solutions CEO Stavros Triant stated in the news release.
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