Golden Triangle Ventures, Inc. Announces Complete Acquisition of Le Pragma Assets and Intellectual Property

LAS VEGAS, June 29, 2023 (GLOBE NEWSWIRE) -- via IBN -- Golden Triangle Ventures, Inc. (OTC PINK: GTVH) (“GTV” or the “Company”) announces that it has fully acquired all assets and intellectual property of Le Pragma, LLC, a full retail line of high-end, all-natural, health, wellness, and beauty products.

Created by the founders of Sonder Fulfillment, a wholly-owned subsidiary of GTV, Le Pragma was designed from conception to have a universal appeal as a worldwide luxurious health and wellness brand, enhanced and powered by the therapeutic benefits of novel cannabinoids. With a strategic vision of going beyond products and introducing an everyday use regimen that complements an active lifestyle, Le Pragma seeks to become the “CBD line of the future.” Additionally, Le Pragma’s cutting-edge formulations and dedication to precise science sets its products apart from other companies, delivering optimal wellness throughout the entire retail line.

Additionally, as an educational leader in the industry, Le Pragma has a mission of providing explicit, evidence-based knowledge of the lifestyle benefits of CBD and other novel cannabinoids. This includes clinical trials, proper usage recommendations and scientific background on the products being released. Supporting the Company’s past research and firmly entrenched position within the industrial hemp industry, initial plans have been set to expand the product line into nootropics as well as pharmaceutical-grade CBD products that will provide targeted benefits for specific ailments.

Currently, Le Pragma’s inventory of CBD products includes tinctures, wellness pills, pain cream, lip balm, and a 5-step CBD skincare system comprised of a face cleanser, exfoliant, serum, face oil, and face cream. The valuation of the inventory acquired could generate more than $3 million in retail sales through established distribution channels.

To accomplish these sales, GTVH has developed a comprehensive marketing strategy that includes, but is not limited to:

• A full website refresh (lepragma.com) with updated branding and design to better appeal to the Le Pragma customer base.
  
  
• Management has acquired a list of over 50,000 stores in the United States that carry CBD products and will dedicate a sales team to contact each one of these to introduce the Le Pragma product line and expand its sales distribution channels.
  
  
• The Company has also developed relationships with social media influencers that will represent Le Pragma, and the Company will utilize known bloggers in the health industry to write articles on the product line to complement its media outreach.