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Gold Drop Ranked the #1 Concentrate Brand for Six Months

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Desert Hot Springs, California–(Newsfile Corp. – February 15, 2023) – Gold Drop, an original Proposition 215 cannabis brand, has maintained the #1 position for best-selling concentrate for six consecutive months on Eaze.com.

The brand’s resurgence and increasing popularity are predominantly due to the introduction of Liquid Diamonds, a cannabis oil with high potency tetrahydrocannabinol (THC) invented by Gold Drops Founder and CEO Joseph Encinosa.

Gold Drop – White Gold Concentrates

The creators of Gold Drop have spent two years reimagining the brand and finally relaunching it in 2022. Today, the company manufactures high-potency products at scale, focusing on low prices as an essential consumer feature without sacrificing THC levels.

The Gold Drop brand is back in the market,” says Encinosa. “Offering very potent THC products at the industry’s lowest prices is a formula that resonates well in today’s consumer market,” he adds.

According to Cory Azzalino the CEO of Eaze, California’s largest delivery service, “Gold Drop has historically been a popular brand on our menu, so we are excited to make their products available to Eaze delivery and retail customers again.”

In addition to ranking high as the top-selling concentrate, Gold Drop’s vape cartridges are currently the #2 best-seller on Eaze. The brand’s vape carts regularly test in the 94% to 95% THC range, which is the highest in the industry. “Our secret to success is selling the highest potency and best taste at the lowest cost,” says Encinosa.

Since Gold Drop is a large manufacturer, they operate at a scale that outmatches many competitors where the company can pass savings on to the consumer.

About Eaze Technologies, Inc.

Eaze delivers good with the goods. Eaze is the nation’s largest cannabis delivery marketplace, having made more than 8 million deliveries from 42 active retail locations in four states-with plans for national expansion. Built on best-in-class technology, Eaze brings enjoyment and convenience to its customers while cultivating community in everything it does.

About Gold Drop

Founded in 2014, Gold Drop is the most award-winning cannabis brand in California. With over 150 peer-judged awards, Gold Drop uses the highest THC content cannabis extract, Liquid Diamonds®, to produce their multi-award-winning, 94%+ THC vape cartridges and concentrates. Learn more at www.golddropco.com.

Contact details:

James Smith
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/154879

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Phoenix Group Engages BHM Capital as Liquidity Provider to Boost ADX Liquidity and Enhance Market Dynamics

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Phoenix Group PLC, the GCC region’s first listed blockchain and tech conglomerate, is thrilled to announce its strategic partnership with BHM Capital, a leading liquidity provider. This partnership will boost liquidity for Phoenix shares on the Abu Dhabi Securities Exchange (ADX), thereby enhancing trading volumes and bolstering investor trust.
Phoenix Group’s partnership with BHM Capital which serves as liquidity provider to Phoenix Group’s shares (PHX) reinforces its commitment to optimizing share trading on the ADX. This strategic alliance not only aims to increase trading volumes and stabilize prices but also enhances investor value.
As a liquidity provider, BHM Capital plays a crucial dual role, strengthening market stability and improving the order book. The commitment to providing liquidity for Phoenix Group’s shares is designed to ensure more consistent pricing and increase overall trading liquidity on the ADX, making transactions smoother across various price levels.
Seyed Mohammad Alizadehfard, Co-Founder and Group CEO of Phoenix Group, commented: “Our partnership with BHM Capital represents a crucial step in strengthening the liquidity and stability of our shares on the ADX. It does not only enhance our market position but also provides our investors with more robust trading options. We are fully committed to leveraging this collaboration to deliver substantial value to our shareholders.”
Abdel Hadi Al Sa’di, the CEO of BHM Capital, stated: “This move will enhance the company’s position in the Abu Dhabi Securities Exchange, stabilize the price movements of its traded shares, and enable investors to diversify their investment portfolios, taking advantage of opportunities in financial markets.”
Phoenix Group expects that the partnership with BHM Capital will significantly drive up trading activity and elevate demand for its shares on the ADX, fostering a more vibrant market presence. With a specific focus on boosting trading volume and the value of PHX shares, Phoenix Group is confident that this engagement will have a positive impact on the company’s performance in the coming months.

The post Phoenix Group Engages BHM Capital as Liquidity Provider to Boost ADX Liquidity and Enhance Market Dynamics appeared first on HIPTHER Alerts.

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Blockchain

Alpha Transform Holdings Releases March Report on ASC AI Index

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Blockchain

Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins

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In a recent communication directed to Treasury Secretary Janet Yellen, US Senator Elizabeth Warren has strongly advocated for the incorporation of robust Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) measures specifically tailored for stablecoins. Senator Warren’s correspondence underscores the critical importance of adopting the full array of AML tools outlined by the Treasury Department in a prior November 2023 communication to Congress.

Senator Warren has underscored the burgeoning threat posed by cryptocurrencies, particularly stablecoins, to national security. She has specifically drawn attention to instances where entities like Iran and Hamas have turned to cryptocurrencies as a means to raise funds and support terrorist activities. To effectively address this evolving threat landscape, Senator Warren asserts that any forthcoming crypto legislation must encompass comprehensive AML/CFT authorities as requested by the Treasury Department.

Moreover, Senator Warren has made reference to the testimony provided by Deputy Secretary Adewale O. ‘Wally’ Adeyemo before the Senate Committee on Banking, Housing, and Urban Affairs. In this testimony, Adeyemo emphasized the critical need for additional AML authorities to combat the growing menace posed by cryptocurrencies. Senator Warren has pointed out that the exclusion of crucial actors within the digital asset ecosystem, such as miners and validators, from AML/CFT requirements could potentially enable nefarious actors to exploit the increased crypto trading facilitated by stablecoin legislation.

Senator Warren’s steadfast stance on the regulation and oversight of cryptocurrencies is aligned with her prior efforts aimed at curbing illicit activities and safeguarding consumers, the financial system, and national security interests. She has persistently advocated for the closure of loopholes in AML regulations that allow sanctioned entities like Iran to derive revenue through crypto transactions. Furthermore, Senator Warren has consistently voiced concerns regarding the exploitation of cryptocurrencies in terrorist financing schemes and has called for the implementation of stronger regulatory frameworks to protect both consumers and national security interests within the realm of stablecoin-related legislation.

Source: blockchain.news

The post Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins appeared first on HIPTHER Alerts.

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