GDET New Cannabis Subsidiary Ecommerce Website Sneak-Peek For $22 Billion Marketplace Scheduled For Release On Monday
April 05 2019 - 1:21PM
InvestorsHub NewsWire
GDET New Cannabis Subsidiary
Ecommerce Website Sneak-Peek For $22 Billion Marketplace Scheduled
For Release On Monday
FORT LEE, N.J. -- April 5, 2019 -- InvestorsHub
NewsWire -- GD Entertainment And Technology (OTC:
GDET) (“GDET” or the “Company”) today announced that on Monday,
April 8th, 2019, the Company will publish a sneak-peek
of its new Ecommerce website for selling the all new hemp derived
CBD products produced by GDET’s recently launched cannabis sector
subsidiary, “The Greenery.” On Tuesday, April 2nd,
earlier this week, GDET introduced its all new hemp derived CBD products that will be
for sale under the Company’s new “The Greenery” label with an
official launch date scheduled for April 20th, 2019, the
annual 420 celebration day for cannabis liberalization. The
sneak-peek on Monday will provide the look and feel of the site
which will be fully functional for transacting online sales before
the 420 launch date.
With the legalization of hemp farming in the United
States under the 2018 Farm Act recently signed into law by
President Trump, GDET’s CBD products are all made in the USA.
The products are also Kosher and Halal compliant. The initial
product line from The Greenery includes two gel caps, one oil and
one salve which are all Non-GMO, Eco friendly and full
spectrum. The CBD market is anticipated to reach $22 billion by 2022.
GDET has also entered negotiations with North American Cannabis
Holdings, Inc. (USOTC:
USMJ) about the potential of listing GDET's CBD products on
USMJ's Ecommerce site, USMJ.com.
GDET – Diversified
High-Growth Enterprise Portfolio
Company
GDET is a diversified
high-growth enterprise portfolio company and in addition to its new
cannabis enterprise, the company recently announced
Cryptocurrency
“cold storage card” offered by DreamCard, a GDET subsidiary
specializing in fully customizable and premium quality credit/debit
cards. Cold storage empowers cryptocurrency to be stored more
safely offline. Online exchanges and third-party wallets
hold private keys on behalf of clients. This makes exchange storage
riskier than cold storage in regard to the keys being out of client
direct control. There is currently no guarantee that replaces
Cryptocurrency if they are lost or stolen. The Cryptocurrency
cold storage market is forecasted to reach more than $15 billion by
2025.
GDET Named Best Pure
Play in Three Fastest-Growing Industries in Research Report Issuing
$0.06 Target PPS
GDET recently announced that
Goldman Small Cap Research issued a research report on the Company.
The report includes a target price-per-share
of $0.06. The report reviews recent events and
provides an analysis of GDET's new initiatives. To view the
research report, along with disclosures and disclaimers,
visit http://www.GoldmanResearch.com.
About
GDET
GD
Entertainment & Technology, also known as GDET, focuses on high
growth industries to fulfill a diverse selection of premium
products nationwide. The company currently manufactures,
wholesales, and markets a portfolio of blockchain/financial
service-based products. GDET strives to become one of the premier
Cryptocurrency mining facilities that is client-focused and
dedicated to creating a new standard in the Blockchain space based
on security and transparency. GDET has also developed a strong
relationship with suppliers worldwide to ensure future purchasing.
The company currently has two subsidiaries, DreamCard and
HyperDigital Technologies, which both offer a selection of
transactional-based products and services. DreamCard allows users
to create a customizable debit or credit card using its state of
the art online platform. HyperDigital Technologies is the
Cryptocurrency ATM sector of GDET and aims to secure multiple MSB,
money services business, licenses in order to host ATM units
throughout the country.
Safe Harbor Provision Cautionary statement for
purposes of the "Safe Harbor" provisions of the Private Securities
Litigation Reform Act of 1995: Information in this news release
contains forward-looking statements that involve risks,
uncertainties and assumptions. If such risks or uncertainties
materialize or such assumptions prove incorrect, the results of the
Company and its consolidated subsidiaries could differ materially
from those expressed or implied by such forward-looking statements
and assumptions. All statements other than statements of historical
fact are statements that could be deemed forward-looking
statements. Risks, uncertainties and assumptions include the
execution and performance of contracts by the Company and its
customers, suppliers and partners. Please also review GD
Entertainment and Technology annual and quarterly financials for a
more complete discussion of risk factors. The Company disclaims any
obligation to update or revise statements contained in this news
release based on new information or otherwise. This communication
shall not constitute an offer to sell or the solicitation of an
offer to buy securities nor shall there be any sale of these
securities in any state in which such solicitation or sale would be
unlawful prior to registration or qualification of these securities
under the laws of any such
state
Contact:
GD
Entertainment and Technology
732-851-3756
anil@gdet.co
www.gdet.co
1 Bridge
Plaza
2nd Floor
Fort Lee, NJ 07024
GD Entertainment and Tec... (CE) (USOTC:GDET)
Historical Stock Chart
From Jul 2024 to Aug 2024
GD Entertainment and Tec... (CE) (USOTC:GDET)
Historical Stock Chart
From Aug 2023 to Aug 2024