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Posted On: 08/10/2022 10:52:33 AM
Post# of 43071
$GTVH LAS VEGAS, Aug. 10, 2022 (GLOBE NEWSWIRE) -- via InvestorWire -- Golden Triangle Ventures, Inc. (OTC PINK: GTVH) (“GTV” or the “Company”) is pleased to announce a new milestone for Sonder Fulfilment with its successful entry into the Brazilian CBD market. Sonder Fulfillment has recently executed an initial order for a new client, Volcanic Green, which is expanding its CBD line into the nascent and burgeoning CBD market in Brazil. This initial line will consist of two tincture formulas specifically formulated for day (focus, energy alertness) and night (calming, soothing, and assistance with rest and sleep) applications, as well as general wellness gummies. Sonder Fulfillment completed production of the initial order and shipped them to Volcanic Green’s fulfillment center in Miami on Friday, July 29, 2022, and the company is currently preparing all of the proper documentation to ship the items to Brazil.
This milestone marks a large achievement for Sonder Fulfillment as entry into the Brazilian market is complicated and highly regulated. Currently, cannabinoids can only be purchased with a prescription issued by a government-certified medical professional, and any cannabinoid-derived product must be approved by Anvisa, the country’s health regulatory agency. With a cadre of several hundred doctors ready to advocate for Volcanic Green’s products and plans to expand the initial line into topicals and pet products, Sonder Fulfillment feels that Volcanic Green will be a long-term and consistent client for many years to come.
Joshua Weaver, vice president of Sonder Fulfillment, stated, “We have worked hand-in-hand with Volcanic Green for several months to navigate the regulatory environment and get their initial line of CBD products approved in Brazil. Not only did we formulate their initial line of products, but we also designed their brand and have provided critical assistance for logistics and other items related to legally exporting their product into Brazil. I believe this partnership will be a longstanding one and I look forward to the bright future ahead in one of the newest CBD markets in the world.”
This milestone marks a large achievement for Sonder Fulfillment as entry into the Brazilian market is complicated and highly regulated. Currently, cannabinoids can only be purchased with a prescription issued by a government-certified medical professional, and any cannabinoid-derived product must be approved by Anvisa, the country’s health regulatory agency. With a cadre of several hundred doctors ready to advocate for Volcanic Green’s products and plans to expand the initial line into topicals and pet products, Sonder Fulfillment feels that Volcanic Green will be a long-term and consistent client for many years to come.
Joshua Weaver, vice president of Sonder Fulfillment, stated, “We have worked hand-in-hand with Volcanic Green for several months to navigate the regulatory environment and get their initial line of CBD products approved in Brazil. Not only did we formulate their initial line of products, but we also designed their brand and have provided critical assistance for logistics and other items related to legally exporting their product into Brazil. I believe this partnership will be a longstanding one and I look forward to the bright future ahead in one of the newest CBD markets in the world.”
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