Business
DNA Signs Preliminary Agreement to Enter CBD Marketplace with Golden Developing Solutions (DVLP)
DNA Signs Preliminary Agreement to Enter CBD Marketplace with Golden Developing Solutions (DVLP).
About this update from Golden Developing Solutions, Inc.
[{"type":"text","content":"\nFort Lauderdale, FL, June 17, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- DNA Brands Inc. is pleased to announce that the company has signed a preliminary partnership agreement with Golden Developing Solutions (DVLP), a premier CBD distributor.  DNA Brands will work with DVLP to reformulate its two-time award winning energy drink line with CBD and natural sweeteners. The agreement will allow DVLP to work with the DNA scientific team to reformulate, market and distribute the two-time award winning line of energy drinks.  \n Currently, DNA Energy Brands’ proprietary line of carbonated energy drinks include Original, Cryo-berry, Citrus, Sugar Free Citrus, and Molecular Melon.  Along with its carbonated line of energy drinks, DNA Energy currently has three milk-based energy coffees that are fortified with Omega 3. Those include Caramel Macchiato, Vanilla Latte and Mocha. As part of this agreement, Global Developing Solutions has agreed to bear all costs associated with reformulation, production, packaging, advertising, distribution, etc., upon completion of a licensing deal. “We will be working with our scientific team over at Parkside Beverage with the intent of reformulating and producing CBD-infused and non-CBD energy drinks.  Licensing our proprietary brand of energy drinks to Golden Developing Solutions makes sense, in that it would provide us a platform to penetrate an extremely robust CBD market,” commented Adrian McKenzie, CEO of DNA Brands. Golden Developing Solutions (DVLP) is a health and wellness based company in the United States, operating with a principal focus on reshaping the CBD-based products market.  Through its online retail website www.wherescbd.com, as well as through established wholesale and retail distribution channels, the company is engaged in the development, marketing, sales, and distribution of a wide range of advanced formulations of CBD-based tinctures, gummies, vapes, and topicals.  In addition, the company is engaged in the development and commercialization of enterprise software products, targeting the B2B market for companies operating in the cannabis industry with its platform www.wheresweed.com.  Stated CEO of DNAX Adrian McKenzie:  “In addition to our now revenue generating Rideshare business with ridesharerental...