NetworkNewsBreaks – Golden Developing Solutions
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Emerging leader in the cannabis, hemp and cannabidiol (CBD) marketplace Golden Developing Solutions Inc. (OTC: DVLP) this morning issued an update highlighting its latest financial data as its growth rate continues to accelerate following key strategic moves, including the acquisition of Infusionz LLC (“CBD Infusionz”) and expansion of its production capacity. According to the update, the company, in combined terms, booked over $629,000 in monthly sales in May alone, with an annualized sequential monthly sales growth rate of nearly 160 percent. “As we projected, topline performance is accelerating across all metrics following our recent investments,” DVLP CEO Stavros Triant stated in the news release. “Everything is clicking right now. CBD Infusionz has moved into its expanded facility and the booming demand continues unphased. And our Where’s Weed segment is powering ahead at the same time. We couldn’t be more excited about how we are positioned right now and what we see ahead of us in coming months and quarters.”
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