FLOWER MOUND, TX, November 30, 2020 – – Digital Development Partners, Inc. (OTC PINK: DGDM) (“DGDM” or the “Company”), doing business as Black Bird Potentials Inc., the exclusive distributor of MiteXstream biopesticide and manufacturer of Grizzly Creek Naturals CBD products (GrizzlyCreekNaturals.com), today updated progress ahead of the expected EPA approval of MiteXstream, its disruptive biopesticide targeted initially at cannabis growers.
Disruptive Advantage Nearing Approval. Fabian Deneault, President of DGDM and developer of MiteXstream, stated, “As we await the expected December 2020 EPA approval, our potential distribution partners are eager to show growers everywhere the amazing cost-benefit to be realized by using MiteXstream on their valuable crops throughout the entire grow cycle. Plant-based MiteXstream treats spider mites and other pests and outbreaks of mold and mildew through the day of harvest without state testing failures – that is our disruptive competitive advantage. In fact, we continue to believe that, due to MiteXstream’s efficacy, our company will become a Major Cannabis Innovator in the minds of industry players.”
Cannabis Production Growth: 2020- 2025. US recreational and medical cannabis industry sales are expected to be $19 billion for 2020, $24 billion for 2021 and, by 2025, with the four additions this month and expected newcomers, including New York, industry sales are expected to reach $45 billion (Source: Brightfield Group).
In-Field Private Party Testing. Over the past year, the Company has had private parties from California to the East Coast, including We’d, a Montana-licensed Medical Marijuana Dispensary, testing MiteXstream. In each case, MiteXstream proved effective in protecting cannabis plants from pests throughout the growth cycle, shortly after sprouting through the day of harvest.
MiteXstream’s efficacy can be seen in this short video:
DGDM: Doing Good, Doing More. By developing and bringing to market an extremely safe, yet highly efficacious alternative to traditional pesticides, MiteXstream is an example of how the company is living up to its mission statement, Doing Good, Doing More.
Through its subsidiary Black Bird Potentials, DGDM manufactures and sells CBD products, including CBD Oils, gummies and pet treats, and CBD-infused personal care products, as well as hand sanitizer gel and spray products. In addition, Black Bird is a licensed grower of industrial hemp under the Montana Hemp Pilot Program. Black Bird is the exclusive distributor in the U. S. and Canada for MiteXstream, a plant-based biopesticide effective in the eradication of spider mites, a pest that destroys crops, especially cannabis, hops, coffee and house plants, as well as molds and mildew. EPA approval of MiteXstream is expected in late 2020.
Notice Regarding Forward-Looking Statements
This news release contains forward-looking information including statements that include the words “believes,” “expects,” “anticipate,” or similar expressions. Such forward looking-statements involve known and unknown risks, uncertainties, and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone’s past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof. Information concerning these and other factors can be found in the company’s filings with the SEC, including its Forms 10-K, 10-Q, and 8-K, which can be obtained on the SEC’s website at http://www.sec.gov.