Business
American Diversified Holdings Corporation (ADHC) Enters into a Comprehensive Alliance with Green Globe International Group Inc. (GGII), Hempacco (HPCO) and GGII Subsidiary Green Star Labs, Inc.
American Diversified Holdings Corporation (ADHC) Enters into a Comprehensive Alliance with Green Globe International Group Inc. (GGII), Hempacco (HPCO) and GGII Subsidiary Green Star Labs, Inc..
About this update from American Diversified Holdings Corp.
[{"type":"text","content":"Del Mar, California--(Newsfile Corp. - April 5, 2023) - American Diversified Holdings Corporation (OTC Pink: ADHC) is pleased to announce today that the company, through it's brands UNIVERSAL WELLNESS and Amazon vendor ROLLSCHOICE, has reached a comprehensive alliance with GGII's leading group of a companies in the CBD and Hemp sector. ADHC's agreement with Green Globe Intl Group (OTC Pink: GGII), Hempacco (NASDAQ: HPCO) and GGII's operating subsidiary Green Star Labs provides for a broad range of services and interrelated business activity.The GGII/HEMPACCO/GREENSTAR group has entered into this alliance with ADHC and will collaborate as outlined below:Formulation, manufacturing, private label, inventory management, packaging and shipment logistics with be provided by Green Star Labs under the Universal Wellness and Rolls Choice Brand.Jointly design a line of CDB, Dietary Supplements and Cosmetic products to be offered through ADHC' e-commerce platform www.UniversalWellnessShop.com.Introduce and negotiate endorsement agreements with social media influencers and noted HipHop/Rap luminaries. Hempacco currently has relationships deals with Snoop Dogg Brands, rap artist Rick Ross, Hemp Hop Smokables and Cheech and Chong, Hemp Cigarettes.Parties have agreed to a financial partnership including share issuances, line of credit for product inventory, capital formation and addition of future management. Parties have agreed to assess the develop of ADHC existing brand and future products under development, including products sold under the ROLLS CHOICE BRAND of cannabis adhesive pens and UNIVERSAL WELLNESS lifestyle and CBD products. This alliance is set to springboard ADHC'S branded products into the rapidly growing CDB market sector. A recent report by Market Research Future (MRFR) indicated the CDB market is expected to reach over $59 billion by 2030 an 18% CAGR.see Cannabidiol (CBD) Market Size Worth USD 59.3 Billion by (globenewswire.com) \"This alliance with ADHC's Universal Wellness and Rolls Choice brands is great opportunity for us to build revenues with a great partner,\" commented Sandro Piancone, CEO of GGII and HPCO. \"We look forward to hitting the ground running for a long term mutually beneficial alliance.\"\"The GGII/HPCO team is truly brilliant alliance partner for ADHC, we can now focus on pushing our brands to the fore...