Gluster geo-replication status always faulty and data is not synced

Issue

When trying to setup a new gluster geo-replicated volume the status is always faulty and data never becomes synced. Following error will show up in the gluster geo-replication log for the volume in question:

[2018-05-11 17:39:47.886759] E [master(/bricks/brick1/brickdir):474:should_crawl] _GMaster: Meta-volume is not mounted. Worker Exiting...

The status of the volume will show the following:

MASTER NODE      MASTER VOL    MASTER BRICK            SLAVE USER    SLAVE                           SLAVE NODE    STATUS    CRAWL STATUS    LAST_SYNCED          
-------------------------------------------------------------------------------------------------------------------------------------------------------
node1            gv0           /bricks/brick1/brickdir    root          ssh://node3::backup-vol      N/A           Faulty    N/A             N/A                  
node2            gv0           /bricks/brick2/brickdir    root          ssh://node3::backup-vol      N/A           Faulty    N/A             N/A