CannabisNewsBreaks – Golden Triangle Ventures Inc. (GTVH) Announces Renewed Partnership with IBN for Corporate Communication Support

Golden Triangle Ventures (OTC: GTVH), a multifaceted consulting company, is partnering with IBN, a financial news and publishing company for private and public entities, to assist with its corporate communications initiatives. IBN and GTVN have previously worked together in 2021, and IBN’s renewed involvement “signifies a paramount advancement toward its objective of maximizing shareholder value and adeptly conveying [GTVH’s] narrative and strategic initiatives.” IBN will generate greater awareness for Golden Triangle Ventures by fully utilizing its investor-based distribution network of more than 5,000 syndication outlets along with various newsletters, social media channels, wire services, blogs and other outreach tools. “As we embark on our most ambitious projects within GTV, we’re actively intensifying our collaboration with IBN,” said Golden Triangle Ventures CEO Steffan Dalsgaard in the press release. “Their outstanding performance and proven success in our prior engagement throughout 2021 unequivocally affirm our decision to reengage. We entrust IBN’s expertise to effectively amplify our achievements and bolster our presence as we are now undertaking some of the biggest projects of our careers.”

To view the full press release, visit https://ibn.fm/sicER

About Golden Triangle Ventures Inc.

Golden Triangle Ventures is a multifaceted consulting company, which operates as the parent business pursuing ventures in the health, entertainment and technology sectors along with others that provide synergistic value to these three core divisions. The company aims to purchase, acquire and/or joint venture with established entities within these areas of business. The goods and services represented are driven by innovators who have passion and commitment in these marketplaces. The company plans to utilize relationships and create a platform for new and existing businesses to strengthen their products and/or services. The three points of the Golden Triangle exclusively represent the three sectors the company aims to do business in. Golden Triangle Ventures is highly focused on acquiring a well-diversified portfolio of companies under one umbrella, which are all managed and owned by the company. An amazing team of professionals support each division and continue to help Golden Triangle Ventures grow daily. For more information about the company, please visit 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

About CannabisNewsWire

CannabisNewsWire (“CNW”) is a specialized communications platform with a focus on cannabis news and the cannabis sector. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled recognition and brand awareness. CNW is where breaking news, insightful content and actionable information converge.

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420 with CNW — State Departments of Agriculture Demand Expansion of Federal Hemp Cultivation Grants

More than six years after hemp pilot programs were launched by the 2014 Farm Bill, the nascent sector is still plagued by patchwork state legislations and little if any federal regulation. As more farmers dip their toes into the hemp space and it becomes more lucrative, industry players and lawmakers alike have consistently urged the U.S. Department of Agriculture (“USDA”) to craft standardized hemp rules. Now, the National Association of State Departments of Agriculture (“NASDA”) is asking the USDA to expand hemp farmers’ access to federal grants by allowing for two different classifications based on its intended use.

This comes a week after members of the NASDA, which represents agriculture departments in all 50 states and four U.S. territories, agreed during an annual meeting to change the organization’s policy regarding USDA’s Specialty Crop Block Program. The organization is now requesting that the USDA allow hemp farmers to designate their crops as either an agronomic commodity or a specialty crop. If the USDA agrees to this request, it would help farmers across the country have expanded access to federal grants, providing them with the valuable resources they need to prosper in the evolving hemp space, stakeholders say.

NASDA’s new policy states that the organization supports dual designation for hemp as a specialty crop based on the way and the purpose for which it is grown as well as expanding eligibility to funding from Specialty Crop Block Grant Program to include farmers who grow hemp for horticultural purposes. According to Jonathan Miller, general counsel for the U.S. Hemp Roundtable, the group is encouraged by NASDA’s commitment to working with the hemp industry and identifying solutions that support hemp farmers. The move also has the potential to open the door to the finding and support that hemp farmers “desperately need,” especially as the country struggles to recover from the coronavirus pandemic.

In a press release, NASDA CEO Barb Glenn said allowing hemp to be designated as both a specialty crop and agronomic commodity acknowledges the plant’s “up and coming nature” and assures new farmers that they will be supported if regardless of which route they choose — growing hemp for fiber, food or horticultural use. Herrick Fox, the co-chair of the National Industrial Hemp Council’s government relations committee, posits that the only reason hemp wasn’t granted dual designation by the USDA before is because federal agencies are still getting used to the idea of hemp being legal after nearly a century of prohibition.

Fortunately, the USDA is now working to create a regulatory structure for hemp. The agency passed a Final Rule on hemp earlier this year, and the agency is about to run a large-scale survey to gain a deeper understanding of the hemp sector.

If the federal grant program is expanded for hemp farmers, the additional sources of hemp biomass for manufacturing entities such as Golden Triangle Ventures Inc. (OTC: GTVH) could significantly expand since farmers would be able to grow the plant on larger tracts of land.

NOTE TO INVESTORS: The latest news and updates relating to Golden Triangle Ventures Inc. (OTC: GTVH) are available in the company’s newsroom at https://cnw.fm/GTVH

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CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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CannabisNewsBreaks – Golden Triangle Ventures Inc. (GTVH) Releases Preliminary Results Showing HyGrO Technology Could Increase Longevity of Cut Flowers

Golden Triangle Ventures (OTC: GTVH) released the successful results of preliminary testing of its proprietary HyGrO hydrogen water technology and is looking forward to pursuing larger-scale studies. The company will work with commercial-scale flower products to further evaluate the efficacy of GTVH’s new process. The preliminary research, which lasted 21 days, was designed to assess whether hydrogen-infused water via the HyFrontier Technologies HyGrO system would increase the longevity of cut flowers, including stock roses, carnations and gladiolas. “Two vases were filled, one with regular tap water and one with HyGrO water. The water was never changed, and pictures were taken to document the results,” explains a recent article. “From the results, photos and observations made in this study, the company concluded that water produced using HyGrO’s patent-pending technology could increase the shelf life of cut flowers, reduce the bloom rate and potentially reduce waste in the floral industry. Plans are already underway to confirm the results through a larger study.”

To view the full article, visit https://cnw.fm/GB4Vj

About Golden Triangle Ventures Inc.

Golden Triangle Ventures is a multifaceted consulting company pursuing ventures in the health, entertainment and technology industries, with many additional projects being developed that provide synergistic values to these divisions. The company aims to purchase, acquire and/or joint venture with established entities that management can help 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. The three points of the Golden Triangle exclusively represent these three sectors in which the company aims to do business. 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

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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CannabisNewsBreaks – Golden Triangle Ventures Inc. (GTVH) Enters Strategic Partnership, Consulting Contract with Lelantos Holdings Inc.

Golden Triangle Ventures (OTC: GTVH) (“GTV”), a multifaceted consulting company pursuing ventures across health, entertainment and technology industries, today announced that it has executed a partnership and consulting contract with Lelantos Holdings Inc. The collaboration is intended to assist the company in becoming publicly traded while also providing business advisory services for an array of strategic projects. Lelantos Holdings, a corporate advisory company that seeks to acquire, purchase and/or joint venture with established entities in strategic and emerging market sectors, is managed and operated by the founders of Sonder Fulfillment LLC, a wholly owned subsidiary of Golden Triangle Ventures. “We have invested over $500,000 into Lelantos Holdings over the past year, which has helped capitalize the development of a large agricultural refining operation in Michigan. This is a flagship project within Lelantos Holdings that will represent one of the many company operations in the United States and abroad,” said Steffan Dalsgaard, CEO of Golden Triangle Ventures. “With their developing international business, along with deep roots and relationships tied into the states, this gives our company great confidence that Lelantos Holdings will become not only an amazing partner and client of ours but also a leading force in the industries it does business in. We greatly look forward to disclosing lots of exciting information about everything within Lelantos Holdings and how this relationship benefits all of our shareholders on the road ahead.”

To view the full press release, visit https://cnw.fm/RPHWX

About Golden Triangle Ventures Inc.

NOTE TO INVESTORS: The latest news and updates relating to GTVH are available in the company’s newsroom at https://cnw.fm/GTVH

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420 with CNW — Is CBD Addictive?

If you still haven’t used a cannabidiol (“CBD”) product, I bet you know someone who has. CBD became legal more than two years ago when the 2018 Farm Bill legalized the cultivation and sale of industrial hemp and its derivatives. It is one of more than 100 chemical compounds called cannabinoids that are produced by plants in the cannabis family. But unlike marijuana, hemp has minimal amounts of THC (delta-9 tetrahydrocannabinol), the main chemical agent that makes marijuana intoxicating.

As such, CBD is nonpsychoactive, meaning it will not intoxicate you. However, the hemp extract has become incredibly popular within quite a short period for a reason; it is claimed to be full of potent medical properties. People from all over the country have since been using CBD to treat chronic pain, alleviate anxiety and depression, and treat skin conditions such as acne and psoriasis. Furthermore, the U.S. Food and Drug Administration (“FDA”) has approved the use of a CBD formulation called Epidiolex to treat Dravet Syndrome and Lennox-Gastaut Syndrome, two rare types of pediatric epilepsy that are extremely hard to treat.

But as CBD becomes more accessible to the public and more people turn to the cannabinoid to address several health issues, one question has echoed in the minds of the public and experts alike: is CBD addictive? With a whopping 33% of Americans claiming to have used CBD at least once in the past, how likely are regular CBD users to get addicted?

According to the limited resources available, it looks like CBD may not be addictive partly due to the fact that it does not have intoxicating effects. A small 2016 study found that, unlike THC, CBD does not produce significant physical and psychological effects such as euphoria and rapid heart rate. When the study participants reported about feelings of intoxication, CBD performed similarly to a placebo.

In fact, studies have found that cannabidiol works contrary to addiction, helping individuals with drug addiction to kick their drug habits. Preliminary studies have found that rather than being an addictive substance, such as alcohol or nicotine, CBD may be able to actually reduce the likelihood of developing a methamphetamine or cocaine-use disorder.

A 2015 systematic review of available preclinical and clinical data covering the effect of cannabidiol on addictive behaviors concluded that there’s a good chance that CBD may be able to help in the treatment of tobacco and alcohol addiction. Although there is limited research on both the benefits and risks of CBD, the cannabinoid does not appear to be addictive. However, further research is needed to be completely sure of its potential for addiction as well as its potential for treating other drug use disorders.

It is gratifying to know that the CBD products made by companies such as Golden Triangle Ventures Inc. (OTC: GTVH) could potentially play a part in enhancing the health of the consumers of those products, if preliminary research is anything to go by.

NOTE TO INVESTORS: The latest news and updates relating to Golden Triangle Ventures Inc. (OTC: GTVH) are available in the company’s newsroom at https://cnw.fm/GTVH

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420 with CNW — How Hemp Growers Can Safeguard Produce from Disasters

Floods and hurricanes affecting states in the East and drought conditions prevailing across the country, particularly in the Western region, have made this year’s conditions for crop production unpredictable. To protect their investments, cannabis and hemp producers are working to secure insurance for their crops. However, this is not an easy feat, considering hemp has been federally illegal for a longer period of time than it has been legal.

Hemp was legalized under the 2018 Farm Bill, which allowed producers to pay for private insurance policies as well as secure crop insurance through the Department of Agriculture. As more states legalize recreational and medical cannabis, commercial insurance providers have been preparing to expand their coverage. However, there are limits on how far their coverage can reach.

With regard to drought insurance, federal agriculture regulators are allowing emergency practices to help crop producers affected by drought conditions. The Risk Management Agency has also been working with crop insurance companies to make payments more efficient to policyholders in drought areas. Earlier this month, the agency also announced that it would be extending crop insurance deadlines to give producers more time to pay their administrative fees and premiums. In addition, the agency also permitted approved insurance providers to waive interest fees on written payment agreements for another 60 days.

Producers of hemp who hold crop insurance policies should contact their agents if they notice any damage in order to give the insurance companies time to appraise their crop prior to replanting or cutting. It should be noted, however, that most insurance companies don’t provide crop insurance for outdoor growing fields, despite the fact that all insurance is considered to be disaster insurance.

Most insurance agents sell both private and federal insurance policies, which means they possess the tools to help hemp farmers develop custom programs. Elite Risk Insurance Solutions owner Jeff Kleid states that insurance solutions are often based on gathering direct feedback from growers, which is combined with accumulated data.

For lower-level coverage and smaller farmers, creating custom coverage programs is a good option while larger hemp growers may benefit from a hybrid program, which may have high-deductible plans.

Private policies usually include inventory, equipment coverage, product liability and living plant coverage. Farmers are allowed to add different weather events and crop coverages for disasters to their policies as well.

When acquiring insurance, farmers should keep in mind that insurance companies are more willing to cover disaster events such as wildfire for indoor hemp growers operating in warehouses or greenhouses.

Established players in the CBD/hemp sector such as Golden Triangle Ventures Inc. (OTC: GTVH) know all too well that a ruined crop will not yield high-quality products, so every effort must be made toward ensuring that the crop is given all the care and protection required.

NOTE TO INVESTORS: The latest news and updates relating to Golden Triangle Ventures Inc. (OTC: GTVH) are available in the company’s newsroom at https://cnw.fm/GTVH

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420 with CNW — The Difference Between CBD Oil, Cannabis Oil

The popularity of CBD oil has grown in the health and wellness space, with anecdotal evidence suggesting that it can help manage depression, anxiety, stress and pain. Cannabidiol, or CBD, oil and cannabis oil have also been advertised as natural alternatives to standard prescription medications, which many believe are one and the same. While both oils are derivatives of the cannabis plant, they are inherently different. We look at some of these differences below.

What is cannabis oil?

Cannabis oil contains THC, which is the mind-altering compound that causes an individual to get high. The sale, consumption and possession of the marijuana plant is still illegal under federal law, despite being legal recreationally in 18 states and medically legal in more than 35 states. This means that under the law, the products are considered narcotics, which makes it harder and illegal to acquire them.

In other countries, however, individuals can be prescribed cannabis oil for medical applications. It is mainly used as an alternative treatment option when other treatments have proven ineffective. Experts believe that cannabis oil can help manage issues such as pain and insomnia.

Most people also consider consuming cannabis oil to be healthier than smoking the substance, with some believing the oil to be more potent. Some individuals also believe that administering a dose of oil is more accurate than smoking the substance.

What is CBD oil?

CBD oil can be made from either the marijuana plant or the hemp plant. However, most CBD products found across the country are made from hemp as it is not legal to sell CBD products made from the cannabis plant. This is because the marijuana plant contains more than 0.3% THC, which is the psychoactive component that induces a high.

The hemp plant contains many phytocannabinoids, including cannabidiol, cannabichromenic acid, cannabigerolic acid and cannabinol, among others. CBD oil is made by mixing a carrier oil with CBD extract. Most companies use hempseed oil or olive oil as carrier oils as they boost a product’s flavor and bioavailability.

CBD oil can be categorized into three forms: full spectrum, broad spectrum and isolate.

Full-spectrum CBD oil contains all the phytocannabinoids and terpenes found in hemp. These compounds are mixed together to support the entourage effect, which produces a better effect than individual components.
Broad-spectrum CBD oil contains cannabidiol and other phytocannabinoids, excluding THC.
CBD isolate, which is is 99.9% CBD oil. It is the purest type of CBD oil as it contains no terpenes or other phytocannabinoids.

Established companies such as Golden Triangle Ventures Inc. (OTC: GTVH) formulate a variety of hemp-derived CBD products geared at addressing the needs of different consumers.

NOTE TO INVESTORS: The latest news and updates relating to Golden Triangle Ventures Inc. (OTC: GTVH) are available in the company’s newsroom at https://nnw.fm/GTVH

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CannabisNewsBreaks – Golden Triangle Ventures Inc. (GTVH), Subsidiary Finalize Initial Production Run for Entry into Mexico CBD Market

Golden Triangle Ventures (OTC: GTVH) and its wholly owned subsidiary Sonder Fulfillment LLC have received contracts for white-labeled CBD products for retail applications in Mexico; the announcement marks the successful entry of the company into Mexico. Sonder Fulfillment is focused on driving forward the most efficacious and powerful cannabinoid products in the world, and the company has been working with various distribution companies to enter the Mexico market for the past year or more. The company’s current agreement outlines the production of 11 different product SKUs on a monthly recurring basis, and Sonder just wrapped up the initial production run of 10,000 units to be delivered to Mexico within the week. The company announced that it plans to finalize the development of the remaining SKUs and gain access to a distribution network of more than 30,000 outlets. “The opportunity to enter the Mexico market is something that we have been diligently working on since we initially heard that they would be legalizing CBD products,” said Sonder Fulfillment cofounder and president Nathan Puente in the press release. “The opportunity to be a first mover in a market this size is an opportunity of a lifetime, and we are fully dedicated to not only becoming one of the first producers of CBD products in Mexico but to also become educational leaders in the space. One of our main goals is to help the nation become fully aware of the amazing health benefits that CBD products can potentially provide.”

To view the full press release, visit https://cnw.fm/KMbSC

About Golden Triangle Ventures Inc.

Golden Triangle Ventures is a multifaceted consulting company pursuing ventures in the health, entertainment and technology industries, with many additional projects being developed that provide synergistic values to these divisions. The company aims to purchase, acquire and/or joint venture with established entities that management can help assist and develop into unique opportunities. Additionally, GTV 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. The three points of the Golden Triangle exclusively represent these three sectors in which the company aims to do business. For more information about the company, please visit 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

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420 with CNW — California Sets Fiscal Year Record for Marijuana Tax Revenue

The nonpartisan Legislative Analyst’s Office in the state of California estimates that during the 2020–21 fiscal year, the state collected roughly $817 million in recreational cannabis tax revenue. This amount is 50% more than the marijuana earnings for the state coffers that were generated in the previous fiscal year. The officials state that combined cultivation and excise tax revenue for the fourth quarter, which ended in June, equates to $211 million.

It should be noted that these figures do not include local revenues to municipalities where the transactions occur, nor do they take into account additional regular sales taxes generated from marijuana.

It is surprising that this trend of increased tax and sales revenue has been continuing amid the COVD-19 pandemic, which significantly contributed to an increase in unemployment and forced many businesses to shut down. The cannabis marketplace also grew considerably during this time, despite the fact that marijuana businesses are ineligible for the federal aid that was provided to other industries.

An analysis of new data by the state’s Department of Tax and Fee Administration also found that since 2018, total adult-use cannabis revenue to date for the state of California is $2.8 billion. This amount is inclusive of $1 billion in sales tax, about $348 million in cultivation tax and $1.4 billion in excise tax.

California isn’t the only state recording strong marijuana sales. A scientific analysis of sales data that was recently conducted in Washington State as well as in the states of Oregon, Colorado and Alaska has found that cannabis purchases have grown significantly during the coronavirus pandemic than in the past two years.

In the month of July, more than three states in the country hit new sales records for adult-use marijuana. The state of Missouri also saw record-breaking sales for its medical cannabis program. In the same month, the state of Illinois saw almost $130 million in recreational marijuana purchases, which is more than double its sales for July 2020. This makes July the fifth month that sales in the state have exceeded $100 million. Illinois may rake in over $1 billion in recreational cannabis sales by the end of the year if the trend continues.

In Maine, July’s recreational cannabis sales were more than $9 million, which is a 45% increase from its June sales record. Data from a regulatory body in the state of Michigan also shows that the state broke its cannabis sales record in July, with more than $170 million in marijuana transactions.

The soaring cannabis sales and the taxes generated in different jurisdictions paint a promising picture for the future of sector players such as Golden Triangle Ventures Inc. (OTC: GTVH), which focus on bringing only the best cannabis products to the market.

NOTE TO INVESTORS: The latest news and updates relating to Golden Triangle Ventures Inc. (OTC: GTVH) are available in the company’s newsroom at https://cnw.fm/GTVH

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CannabisNewsBreaks – Golden Triangle Ventures Inc.’s (GTVH) Entertainment Division Building ‘Platform Unlike Anything in the World’

Golden Triangle Ventures (OTC: GTVH) President Steffan Dalsgaard recently summarized the progress of its entertainment division, which owns Lavish Entertainment Inc. and is doing business as EpicRaves. The division’s milestones and strides, contained in a mid-year letter to shareholders, included moving into a new office space in Las Vegas, the building of an innovative events platform, as well as the company’s progress in moving closer to its final goal to create events that leave its guests with a truly unique experience. A recent article quotes Dalsgaard discussing the company’s focus on building a platform that can monetize and share its events to the world through virtual reality or directly on TV. “This platform is currently being developed by some of the best in the business, and we now have a go-to-market strategy that will grow into a platform unlike anything in the world,” Dalsgaard said. “The first phase is near complete, and we will soon be getting a demonstration of the platform in person.”

To view the full article, visit https://cnw.fm/sBiY1

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