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Cannabis Startup StickIt Signs a Joint Venture Agreement with Hempacco, a Green Globe International Division, to Produce 10 million CBD Sticks per month
Cannabis Startup StickIt Signs a Joint Venture Agreement with Hempacco, a Green Globe International Division, to Produce 10 million CBD Sticks per month.
About this update from Green Globe International, Inc.
[{"type":"text","content":"With their goal of Disrupting Tobacco™, Hempacco, a wholly-owned subsidiary of Green Globe, partners with StickIt, an Israeli cannabinoid and cannabis company, to manufacture a line of cannabinoid sticks as early as January 2022.  Highlights of the GGII - StickIt partnership: Under the agreement, Hempacco and StickIt Labs will set up a joint factory in the United States.They forecast producing a monthly supply of about 10 million CBD sticks, selling directly to the American and Mexican markets.The factory expects to start its operations by January 2022.Hempacco plans to manufacture different flavors of cannabis sticks for StickIt. StickIt Labs is at the forefront of the global cannabinoid industry with a revolutionary patent-pending product that brings new functional experiences to tobacco, hemp, and other smokables.Hempacco will assist in the research and development of other cannabinoid sticks such as CBG and CBN.San Diego, California--(Newsfile Corp. - November 29, 2021) -  Green Globe International Inc. (OTC Pink: GGII) (\"GGII\") Hempacco, Co. Inc., a wholly-owned subsidiary of GGII, partners with StickIt Labs to manufacture their line of cannabinoid sticks for smokables, furthering GGII's mission of developing Consumer Packaged Goods and Disrupting Tobacco®.The Israeli cannabis and cannabinoid company, StickIt, the developer of \"Cannabis Sticks,\" announced a cooperation agreement with Hempacco, a Green Globe International division, a leader in the production of Herb and Hemp cigarettes.StickIt developed a line of toothpick-sized products inserted into any cigarette to provide the smoker with a functional experience with CBD, CBG, or other cannabinoids. StickIt can be tucked into any smokable including:Hemp cigarettesCBD cigarettesTobacco cigarettesPre-rollsHerb cigarettesSpice cigarettesCannabis smokablesTo view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/7978/105523_StickItToothpicks.jpegUnder the agreement, the two companies will build a factory to produce cannabinoid sticks. They intend to make about 10 million sticks every month for the American and Mexican markets. The factory is located in San Diego, California, USA, and is expected to become operational in January 2022.\"This is a significant move for the company, as part of its expansion and growth ...