Green Globe International Inc (OTCMKTS: GGII) is beginning to trend northbound off its $0.004 base and looks to be back under accumulation after topping out at $0.0199 on Monday morning. This comes as majority owned Hempaco went public on the Nasdaq raising $6 million by selling 1 million shares at $6. Following a wild day of trading on Wednesday HPCO bulls stepped in on Thursday pushing the stock to a $8.35 close on 50 million shares traded. At the current price based on 23,010,124 shares outstanding HPCO trades at a $192 million market valuation; 79.9% of HPCO common stock is owned by GGII making the Company’s stake in HPCO worth $153 million. GGII has a history of big moves skyrocketing to over $0.16 per share during summer 2021.
Green Globe entered into a lock-up agreement with Hempacco whereby the Company will not sell any of its shares for a period of 1 year. Hempacco is a vertically integrated Hemp manufacturing company in San Diego, California operating out of a 53,000 square foot state of the art Manufacuring facility. Hempaco is focused on Disrupting Tobacco™ by manufacturing and selling nicotine-free and tobacco-free alternatives to traditional cigarettes. Hempacco utilizes a proprietary, patented spraying technology for terpene infusion and patent-pending flavored filter infusion technology to manufacture hemp and herb-based smokable alternatives.
Green Globe International Inc (OTCMKTS: GGII) is a fast-moving consumer goods incubator and holding company of intellectual property, products, and companies that better people’s lives by helping them feel and look better inside and out. Green Globe (GGII) owns or has interests in several brands and companies including; Green Star Labs, Inc., changing how people feel about themselves inside and out with nutritional supplements, CBD, and beauty products, and hemp CBD cigarette and rolling paper manufacturer Hempacco Co. Inc., Disrupting Tobacco’s™ $1 Trillion tobacco industry, with its subsidiaries and joint ventures including HempBox Vending, Inc. vending and advertising company, Cali Vibes, Inc. Cannabinoid cigarettes, HempHop Smokables, Inc., partnering with music producer and rapper Rick Ross, Cheech and Chong Smokables, Inc. delivers cannabinoid Hemp CBD cigarettes to consumers with Cheech and Chong as partners. The Real Stuff Smokables, Inc. Green Globe is publicly traded under the ticker symbol GGII, and continues to look for best-in-class companies, products, and patents to create Fast Moving Consumer Goods and channels for selling them, including retail automation and advertising platforms.
GGII owns or has interests in several brands and companies including: Green Star Labs, Inc., changing how people feel about themselves inside and out with nutritional supplements, CBD, and beauty products, and hemp CBD cigarette and rolling paper manufacturer Hempacco Co. Inc., Disrupting Tobacco’s™ $1 Trillion tobacco industry, with its subsidiaries and joint ventures including HempBox Vending, Inc. vending and advertising company, Cali Vibes, Inc. Cannabinoid cigarettes, HempHop Smokables, Inc., partnering with music producer and rapper Rick Ross, Cheech and Chong Smokables, Inc. delivers cannabinoid Hemp CBD cigarettes to consumers with Cheech and Chong as partners. The Real Stuff Smokables, Inc.
Hempacco is a vertically integrated Hemp manufacturing company in San Diego, California operating out of a 53,000 square foot state of the art Manufacuring facility. Hempaco has conducted research and development in the smokables space and are engaged in the manufacturing and sale of smokable hemp and herb products, including The Real Stuff™ Hemp Smokables. The Company’s operational segments include private label manufacturing and sales, intellectual property licensing, and the development and sales of inhouse brands using patented counter displays. Hempaco inhouse brands are currently sold in over 200 retail locations located in the San Diego, California, area. The Company’s private label customers include well-known and established companies in the cannabis and tobacco-alternatives industries, and we currently own approximately 600 kiosk vending machines which the Company plan to refurbish and use to distribute its products in a wider fashion under its HempBox Vending brand.
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