EPISODE · Jul 12, 2019 · 13 MIN
Golden Developing Solutions Inc. (DVLP) Experiencing Strong Growth as Demand Rises in Booming Cannabis Sector
from The TechMediaWire Podcast · host cannabisnewsaudio
With demand outstripping supply, successful cannabis companies are following smart core strategies and reporting strong revenues. Golden Developing Solutions Inc. (OTC: DVLP) has used a mix of acquisitions, diverse brands and products, and increased production footprint to meet customer demand and report significant revenue increases, including its strongest second-quarter numbers ever. Industry giant Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) has followed a similar path, though some change may follow the recent departure of its co-CEO. Tilray Inc. (NASDAQ: TLRY) has invested heavily in increasing production while reaching into new markets such as the United Kingdom. Medmen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) and Curaleaf Holdings Inc. (CSE: CURA) (OTCQX: CURLF) have both shown the potential for growing multistate businesses in the United States, despite the challenges created by federal legislation.
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Golden Developing Solutions Inc. (DVLP) Experiencing Strong Growth as Demand Rises in Booming Cannabis Sector
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