NetworkNewsBreaks – Golden Developing Solutions, Inc. (DVLP) Announces Significant Progress Toward Launch of Colorado-Based Supercritical CO2 CBD Extraction Facility

Emerging leader in the cannabis, hemp, and cannabidiol (“CBD”) marketplace Golden Developing Solutions (OTC: DVLP) this morning announced significant progress toward establishment of its new Colorado-based high-capacity CBD extraction and production facility, including a pending equipment order for a best-in-class supercritical CO2 extraction system. Per the update, the system (CO2 rather than ethanol based) is designed to drive the highest purity levels in end production. DVLP management intends to finalize machinery orders within the next 90 days and expects the facility to be fully operational by summer of 2019. “We are committed to driving the bus, not just riding on it,” DVLP CEO Stavros Triant commented in the news release. “We have the backing, the experience, and the operational know-how to assume a leadership position in the CBD extraction and production space. And we want to build this facility from the ground up to be the best of breed.”

To view the full press release, visit http://nnw.fm/saY67

About Golden Developing Solutions Inc.

Golden Developing Solutions 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, 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 products supporting the cannabis industry, in which the 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. For more information, visit the company’s websites at www.PuraVidaVitamins.com and www.WheresWeed.com

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

To receive instant SMS alerts, text STOCKS to 77948

For more information please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

More News From Finance - Asia Logue

China's trade rep says 'external pressures' can help economy

Jun 16, 2019

BEIJING — Chinese media say the country's top trade negotiator has told a forum in Shanghai that "external pressures" can help the economy. Hong Kong's South China Morning Post and mainland Chinese media outlets reported Thursday that Vice Premier Liu He described the pressures that China is currently facing as an "inevitable test." He said the pressures "will help us improve innovation and self-development, speed up reform and opening up, and push forward with high-quality growth." The South China Morning Post says he did not directly reference the U.S.-China trade dispute. The U.S. has accused China of stealing trade secrets...

Philippine official seeks strong protest over boat sinking

Jun 16, 2019

MANILA, Philippines — The Philippine defense chief will recommend Manila file a strongly worded diplomatic protest after a fishing boat was hit in the disputed South China Sea by a suspected Chinese vessel that the abandoned the 22 Filipino fishermen as their boat sank. Defense Secretary Delfin Lorenzana strongly condemned the sinking of the F/B Gimver 1 on Sunday night due to the collision at Reed Bank off the western Philippine province of Palawan and the abandonment of its Filipino crew. He also thanked the Vietnamese fishermen who rescued the Filipinos and brought them to safety. The sinking is a...

65 Rohingya Muslims found shipwrecked in southern Thailand

Jun 16, 2019

BANGKOK — Thai officials said they discovered 65 ethnic Rohingya Muslim refugees on Tuesday who were shipwrecked and stranded in southern Thailand. The chief of Tarutao National Marine Park, Kanjanapan Kamhaeng, said the boat carrying the Rohingya was found after several Thai and Myanmar citizens told park officials their ship had broken down. They initially denied they were transporting Rohingya. Kanjanapan said the boat was found smashed onto a rocky shore and a preliminary check showed it was carrying 65 Rohingya and several Thai and Myanmar citizens who were identified by the Rohingya as in charge of operating the ship....

China telecom giant Huawei hints US pressure hurting sales

Jun 16, 2019

SHANGHAI — Huawei's chief strategist said Tuesday the company would have become the world's number one smartphone maker by the year's end if not for "unexpected" circumstances — a hint that pressure from the U.S. may be hurting its sales. The comment by Shao Yang at the Consumer Electronics Show in Shanghai comes as Washington intensifies pressure on other countries to exclude Huawei Technologies from next-generation, or 5G, telecom networks where it actually is considered an industry leader. "If we had not encountered anything unexpected, we would have become number one in the world by the fourth quarter," Huawei's chief...

China's trade surplus soars, as exports unexpectedly edge up

Jun 16, 2019

BEIJING — Chinese exports edged up in May, surprising markets, but analysts say the rebound is likely to be short-lived given higher U.S. tariffs and slowing global growth. China's monthly trade surplus jumped 78% to $41.7 billion, as exports rose 1.1% to $213.8 billion and imports fell 8.5% to $172.2 billion, the Chinese customs agency said Monday. The fall in imports reflects weak domestic demand, analysts said. The rise in exports came despite a worsening trade war with the United States in which both countries have raised tariffs on each other's products. "While exports rose in May, weaker global demand...

Sign up now!

Advertisement