- Le Pragma features a full retail offering of high-end, all-natural health, wellness and beauty products
- GTVH has strategy to push sales, strengthen products and launch business directly into international markets after acquisition
- Le Pragma will leverage key relationships, strategic partnerships forged by Sonder Fulfillment to expand globally
With a plan in place for global growth in the CBD space, Golden Triangle Ventures (OTC: GTVH) has signed a letter of intent to acquire Le Pragma LLC, a trusted product line with a focus on quality and consistent results (https://cnw.fm/gCWb9). Le Pragma features a full retail offering of high-end, all-natural health, wellness and beauty products. Leveraging the resources and expertise of Sonder Fulfillment, its wholly owned subsidiary, Golden Triangle plans to help Le Pragma achieve its strategic vision of becoming the CBD line of the future.
“Our team has worked very hard to formalize a strong plan to push sales, strengthen the products involved and launch this business directly into the international markets after we formally acquire Le Pragma,” said Steffan Dalsgaard, GTVH CEO. “We look forward to officially bringing this business in under the GTV umbrella, and we are all confident that we have a stellar product with a direct plan to generate profits for our company.”
From its inception, Le Pragma has had a commitment to quality and an end goal to provide luxurious cannabinoid products throughout the world, with each product created from cutting-edge formulations based on precise science. Le Pragma has also maintained a focus on education and worked tirelessly to provide consumers with clear, evidence-based information about the lifestyle benefits of cannabidiol, or CBD, and the products it offered.
As part of that strategic vision, the company distinguished itself by creating an everyday-use regime formulated to activate the inner-cannabinoid system and bring out the beauty that lives beneath the toxins collected from everyday living. Currently, the Le Pragma product line includes high-quality CBD tinctures, wellness pills, pain cream, and lip balm, as well as a five-step CBD skincare system that includes a CBD face cleanser, exfoliant, serum, face oil and face cream. GTVH estimates that the valuation of all inventory acquired could generate more than $5 million in retail sales through established distribution channels.
Le Pragma will leverage the global relationships and strategic partnerships forged by Sonder Fulfillment to enter international markets such as Macedonia, Mexico, and the Netherlands. “With the combination of an evidence-backed product line, the international relationships formed by Sonder Fulfillment and the resources provided by management, [Golden Triangle] is confident in its plan to grow Le Pragma into a global leader in the CBD industry and distribute its products worldwide,” the announcement stated.
Golden Triangle Ventures is a multifaceted consulting company with many projects being developed that provide synergistic values in the health, entertainment and technology industries. The company aims to purchase, acquire and/or joint-venture with established entities that management can assist and develop into unique opportunities.
Additionally, GTVH provides a professional corporate representation service to different companies in these sectors while consulting on a variety of business-development objectives. The goods and services represented are driven by innovators who have passion and commitment to these marketplaces. The company plans to utilize relationships and create a platform for new and existing businesses to strengthen their products and/or services.
For more information, visit the company’s website at www.GoldenTriangleInc.com.
NOTE TO INVESTORS: The latest news and updates relating to GTVH are available in the company’s newsroom at https://cnw.fm/GTVH
CBDWire (CBDW) is a specialized information provider focused on (1) reporting CBD-related news and updates, (2) releasing CBDNewsBreaks crafted to keep investors abreast of the latest and greatest in the CBD market, (3) refining and enhancing corporate press releases, (4) delivering end-to-end distribution and social media services to client-partners and (5) constructing effective corporate communication solutions based on the unique requirements of CBD companies. CBDW is exclusively positioned in the burgeoning CBD sector with a proven team of journalists and researchers working to deliver high quality content to an expansive target audience of investors, consumers and industry news outlets. Our dissemination network of over 5,000 downstream distribution points allows us to deliver unparalleled reach, visibility and recognition to companies operating in both cannabidiol and the wider cannabis space. CBDWire (CBDW) is where CBD news, content and information converge.
To receive instant SMS alerts, text CBDWire to 21000 (U.S. Mobile Phones Only)
For more information please visit https://www.cbdwire.com
Do you have questions or are you interested in working with CNW? Ask Our Editor
CBDWire is part of the InvestorBrandNetwork.