- MJ Biz Con is taking place at the Las Vegas Convention Center on November 14-16, 2018
- DVLP has two booths, will launch new software division
- Plans to acquire rapidly growing cannabis dispensary POS advertising player
With Golden Developing Solutions, Inc. (OTC: DVLP), what happens in Vegas, very likely, won’t stay in Vegas. The company, based in Texas, is an emerging leader in the cannabidiol (CBD) products marketplace. It’s also developing software for the industry, and will be launching a new software division (www.GreenerGrows.com) in conjunction with its presence at MJ Biz Con. As such, it can be expected to capitalize on the knowledge and contacts garnered at the conference, which is being held at the Las Vegas Convention Center on November 14-16, 2018. DVLP will have two booths: one each for its retail and software divisions. The conference, hosted by one of the industry’s premier publications, Marijuana Business Daily, will feature a raft of keynote speakers. Visitors will be hard pressed to attend the 72 sessions planned over four days. In addition to the three conference days, there was a Pre-Con on Tuesday, November 13.
Participants at MJ Biz Con are likely to be in a good mood. The bane of the industry, Jeff Sessions, is no longer Attorney-General. Morgan Fox, a spokesman for the National Cannabis Industry Association, has welcomed the news. He cautiously anticipates that “reefer madness” at the Department of Justice will subside. So, too, does Golden Developing Solutions, which has a lot of skin in the cannabis game.
The company markets and distributes CBD, hemp oil and health and lifestyle products. Through an ecommerce portal set up by wholly-owned subsidiary Pura Vida Vitamins (www.PuraVidaVitamins.com) and through wholesale and distribution channels, DVLP offers a broad range of high-quality, price-competitive products, including traditional vitamins, supplements and CBD-based tinctures, vapes and soft gels, as well as other products. The company also has a line of CBD pet supplements in the works.
The company has also announced its intention to acquire a rapidly growing cannabis dispensary POS advertising player, in a restricted stock and cash deal valued on a pre-acquisition basis at over $4 million (http://nnw.fm/n3DCx). DVLP management believes that the cannabis landscape is shifting. It foresees “falling cannabis prices and massive growth in consumer and B2B services as mainstream public adoption accelerates in North America.”
Participation at MJ Biz Con will give DVLP added exposure. Sessions are set to include an institutional investor conference; the business of hemp forum; a science symposium; a marijuana business crash course; the minority lunch; an investors’ lunch; and a women’s networking reception. Its organizers have a number of industry influencers hosting sessions. On day one, Chris Walsh, founding editor and vice president of Marijuana Business Daily, will start things off. His presentation will be on the “State of the Industry: Developments, Data & Trend.” Shaleen Title, who heads the Massachusetts Cannabis Control Commission, is also billed as a speaker on day one.
Of special interest to DVLP are the sessions dealing with retail issues. On day two, three such presentations are planned. First, there will be “Growth Hack: Using Your Dispensary’s Data to Drive Profitability” followed by “Vision and Values: Using Culture to Develop Budtenders as Brand Drivers & Retain Talent” and finally “Make it Work: Strategies for Designing a Top-Notch Dispensary.”
DVLP recently acquired Layer Six Media, LLC, which trades under the name ‘Where’s Weed’ (www.WheresWeed.com). Where’s Weed is a rapidly growing community-based online resource for cannabis consumers with a host of user-friendly services, including a sophisticated mobile app. Presently, it enjoys three million page views per month. The portal provides a directory of cannabis establishments in 49 states, Puerto Rico and Washington, DC, allowing consumers to conduct searches on dispensaries and cannabis retailers. The mobile app, available on both the iOS and Android platforms, has, to date, been downloaded over 80,000 times.
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