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FLOWER MOUND, TX / ACCESSWIRE /
February 16, 2021 / Digital Development Partners, Inc. (OTC PINK:DGDM) ( DGDM or the Company ), the exclusive worldwide distributor of MiteXstream biopesticide and manufacturer of Grizzly Creek Naturals CBD products ( Grizzly Creek ), announces its subsidiary has acquired distribution infrastructure assets for approximately 200 locations. The all-cash asset transaction expands distribution of Grizzly Creek CBD products, including, but not limited to, gummies, oils, topicals and pet treats, across heavily touristed Western Montana, from 50 locations to approximately 250 new locations.
Fabian G. Deneault, CEO of Digital Development stated, We see this as an inflection point as we are now capable of generating meaningful revenues from our high-margin, high-quality line of CBD products. We anticipate that the acquired distribution infrastructure will begin to yield positive results at the beginning of the second quarter of 2021.
Digital Development Subsidiary Acquires CBD Product Distribution Infrastructure Assets jumps distribution approximately 500%
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Digital Development Obtains Exclusive Worldwide Distribution Rights and 80% Reduction in Royalty Rate to Disruptive EPA Registered Plant-Based Biopesticide MiteXstream
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