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DENVER, Feb. 28, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Golden Developing Solutions, Inc. (OTCMKTS: DVLP) (“DVLP” or the “Company”), an emerging leader in the Cannabis, Hemp, and CBD marketplace, is thrilled to announce 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.”
Management notes that this partnership carries the potential to allow Where’s Weed users to access real-time updated inventory levels for cannabis products across the entire massive FlowHub member network of dispensaries, vastly increasing the utility of the Where’s Weed portal and app. Consequently, the Company believes this partnership will translate into higher user satisfaction, greater stickiness, and better word-of-mouth expansion potential for the Where’s Weed user base.
“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.”
The Company notes that customers interested in syncing their FlowHub data are encouraged to work with their account executive.
About Where’s Weed
Since 2011, Where’s Weed has been dedicated to helping medical and recreational consumers find dispensaries, delivery services, strains, and deals in their local cannabis community. Additionally, the platform helps cannabis companies connect with consumers and more efficiently manage and market their business in the digital space.
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. 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.
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.
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