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Blockbuster Product Coming from Digital Development Partners (OTC: DGDM)

MiteXstream new potential blockbuster product for spidermite control in hemp and cannabis crops

Hemp Sector Value Opportunity, Potential Significant Bounce in Near-Term

 

Good day everyone,

 

We are initiating coverage on Digital Development Partners, Inc. (OTC: DGDM), a company that manufactures and sells cannabidiol (CBD) based products from industrial hemp. New product MiteXstream.

 

Current price $.031/share
Outstanding shares (est.) 150.2M
Float (est.) 31.9M shares
52-week range $.012 to $.2799 per share
Insider Ownership 81.36%

 

Digital Development Partners, Inc. does business as Black Bird Potentials Inc., the exclusive distributor of MiteXstream biopesticide and we want to look at the potential for that product.

 

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, effective against molds and mildew as well. EPA approval of MiteXstream is expected in late 2020.

 

https://www.youtube.com/watch?v=IIuFCNyjQS4


Under the 2018 United States farm bill, commodity hemp production was federally legalized. According to Grand View Research, the hemp industry is expected to reach approximately $5.3 billion in 2020.

 

Black Bird is a licensed grower of industrial hemp under the Montana Hemp Pilot Program. The company also sells hemp products on the company website: https://grizzlycreeknaturals.com/

 

Spider mites are a danger to hemp and cannabis crops. Here’s why:

 

Rapid reproduction – a single mature female spider mite can produce a million mites in less than a month.


Disappearing act – spider mites often appear to be gone/killed, then they come back with a vengeance days or weeks later.


Big appetites – spider mites can eat up hemp plants in a short amount of time; a bad infestation has been known to kill plants overnight.


Webbing – spider mites cover leaves with a fine mesh of silk webbing, ruining whole crops even after you get rid of the spider mites.

 

MiteXstream milestones:

 

The company has retained Spring Regulatory Sciences, Spring, Texas, an EPA pesticide consulting firm.

 

In January 2020, the application for MiteXstream to be certified as a biopesticide was filed with the EPA.

 

In testing done by the company, they have determined that, when mixed with water at the prescribed dilution rate, MiteXstream is effective in eliminating spider mites and their eggs, with no risk of plant damage.

 

In January 2019, Stillwater Labs, concluded its testing of a cannabis sample treated only with MiteXstream. In addition to testing for pesticides prohibited by the State of Montana, Stillwater Labs also tested for pesticides prohibited by the State of Oregon, the most stringent state-level marijuana testing standard. In both Montana and Oregon, MiteXstream exceeded the state standards.

We’d, a Montana Dispensary has been testing MiteXstream on a designated portion of its cannabis crops over the past year and has reported, “MiteXstream works extremely effectively. We treated selected plants at each of our grow locations over their entire growth cycle. We experienced zero spider mites, molds, or mildews on the MiteXstream-treated plants, while we did experience spider mites on non-treated plants. However, on the affected plants, a single spray of MiteXstream eliminated them.”

 

All indications thus far indicate that MiteXstream seems very effective and safe to use. The market for such a product may be huge. We believe MiteXstream could ultimately be the most successful vertical at DGDM.

 

DGDM shares have consolidated to a seemingly irresistible price and we are looking for a potentially significant near-term bounce. The company shares are trading 88% off their 52-week high.

 

The Team

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