Business
THC to CBD: More Cannabis Companies Expand Their CBD Capabilities
THC to CBD: More Cannabis Companies Expand Their CBD Capabilities.
About this update from Golden Developing Solutions, Inc.
[{"type":"text","content":"\nPOINT ROBERTS, Wash. and DELTA, British Columbia, March 12, 2019 (GLOBE NEWSWIRE) -- Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot looking at the growing number of cannabis companies expanding their CBD capabilities, following the major market trends for 2019.\n Every company and investor in the cannabis industry is well aware of the hype surrounding the potential for CBD and hemp. You can find a plethora of articles flooding the news about this sector, and the hype seems well justified according to research from New Frontier Data.   The momentum of CBD is making everyone take notice and many cannabis companies are not wasting this momentum for CBD, investing in new partnerships and business changes to ensure a strong position for the future. The Green Organic Dutchman Holdings Ltd. (TSX:TGOD) (OTC:TGODF) recently announced that it has entered into a multi-year extraction services contract with Valens GroWorks Corp. to have the first organically certified hemp-derived CBD products for Canada. TGOD has been working closely with Valens to help expedite the pathway to organic certification for Valens organic processing methodologies. Upon certification, TGOD will have exclusive access to services provided by Valens for certified organic extraction processing for a period of 1 year. Being first to market in Canada with organically certified hemp-derived CBD products allows TGOD to capture the organic CBD market share, securing future growth in this newly legalized cannabinoid vertical. Golden Developing Solutions, Inc. (OTC: DVLP), an emerging company in the cannabis and CBD space  is also making progress in the CBD  market, having just announced the completion of its acquisition of Infusionz, LLC (CBD Infusionz), a manufacturer of CBD based products. \"CBD Infusionz is a true leadership play in the CBD space, with rapidly growing sales and the best quality products in the industry. This is the company that developed and launched one of the first edibles in the legal marijuana space and now they have created the best acquisition in the CBD space. Our business is growing exponentially with massive upside with capital improvements and operational sophistication. We strongly believe this acquisition adds an enormous dose of value for DVLP and its shareholders,...