US (CO): Producer acquires 25k sq. ft. facility

Golden Developing Solutions has announced the lease of a new 25,000 square-foot production facility located in Denver, CO. "The facility will act as the primary production base for our wholly-owned subsidiary, Infusionz. The 54-month initial-term lease for the facility has been finalized, and the move-in process has already begun," the team with the company explains. 

Management anticipates the move-in, customization, and permitting processes will take roughly 4-6 weeks to complete. "Full-scale production will ramp up immediately thereafter," they say. "We anticipate an immediate 500% increase in total production with no additional increase in headcount once the new facility is up and running."

"At present, we are seeing demand that exceeds production capacity by roughly 8 Times,” commented Nate Weinberg, Founder and President of CBD Infusionz. "We can’t wait to move into the new facility to ramp up production.”

According to the company, the new facility comes fully-equipped for advanced operations precisely matching the Company’s needs, including dual dock-high loading doors, an oversized drive-in loading access, 3000 AMPS of electrical power, 18 tons of HVAC capacity, installed fire sprinkler and advanced security systems, and existing site licensing as a Marijuana Infused Products Provider (MIPP).

For more information:
Golden Developing Solutions
900 Ranch Road 620 South.
Suite C101-143. Austin, TX 78734  

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