Oliveda International Inc (OLVI)

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Oliveda International, Inc. (OLVI) Achieves 56% Growth in 2019, Plans Over 100% in 2020

SANTA MONICA, CA, Jan. 21, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Oliveda International, Inc. (OTC Pink: OLVI), a leading international natural cosmetics and wearable beauty and health technology innovator, today announced that the company achieved 56% growth in 2019 and is planning additional growth of over 100% in 2020.

After being upgraded to “Pink Current Information” on the OTC Markets Group website in March 2019, the company obtained FDA registration approval for all Oliveda products in April and had its U.S. launch on https://us.oliveda.com in May. Oliveda also launched many new products in 2019, including our Beauty Molecule, which was met with immediate success, entering the company’s top ten bestselling products within just a few weeks.

New companies and brands were developed in 2020, such as LA DOPE, Olive Tree People, and Oliveda America, as well as new technologies that are unique in the world and sales contracts for more than 20,000 of our own mountain olive trees. Oliveda obtained retail approval for the China market and launched a globally unique CBD technology that can be used immediately worldwide without further approvals, and thus creates new sales channels.

Oliveda founder and CEO Thomas Lommel commented, “In addition to these many developments in 2019, we ended the year with growth of 56%. Based on all these preparations, we plan to achieve growth of over 100% in 2020 and target a listing on the Nasdaq in 2021.”