Business
Herb & CBD Hemp Cigarette Industry Leader Hempacco Announces Completion of Reverse Merger with Shareholders of Green Globe International, Inc., Ticker GGII
Herb & CBD Hemp Cigarette Industry Leader Hempacco Announces Completion of Reverse Merger with Shareholders of Green Globe International, Inc., Ticker GGII.
About this update from Green Globe International, Inc.
[{"type":"text","content":"San Diego, California--(Newsfile Corp. - June 9, 2021) - Hempacco Co., Inc. (\"Hempacco\") and Green Globe International, Inc. (OTC PINK: GGII) (\"Green Globe\" or \"GGII\") today announced the completion of their previously announced consolidation where GGII acquired Hempacco. GGII acquired Hempacco for 70,312,160,174 shares of common stock already issued to Hempacco shareholders. The shares are restricted securities which will not be eligible for resale under Rule 144 for at least one year following the date that Green Globe files registration-statement disclosure information regarding Hempacco, its business operations, and financial statements, with the SEC (and assuming the other requirements of Rule 144 are met at that time), unless the shares are registered with the SEC before then or another exemption from registration is available. \"As a publicly-traded company, we believe we are now better positioned than ever to begin our strategy of disrupting the nearly trillion-dollar tobacco industry through our intellectual property, our herb and CBD, CBG hemp smokable products including hemp cigarettes, joint venture agreements to develop, and produce products from our R&D and manufacturing facility in San Diego, and with sales and distribution including our six hundred Hempbox™ vending machines,\" said Sandro Piancone, Chairman and CEO of GGII. \"Although we are pleased to begin trading on the OTC Markets, one of management's single highest priorities outside of our Disrupting Tobacco™ and our day-to-day operations is to begin the process of up listing to a more senior exchange, such as the Nasdaq or NYSE.\" Add Name to Hempacco Investor Email ListTo be added to GGII - Hempacco's investor email list to be kept apprised of all upcoming IR activities, please subscribe using this link: https://newsroom.newsfilecorp.com/lists/8020/490 or for additional information, please call Investor Relations Partners at 323-380-4500.About Green Global International Inc. (GGII) - Hempacco, Co. Inc.:Hempacco Co., Inc. (formerly known as \"The Hempacco Co., Inc.\") is Disrupting Tobacco's™ nearly $1 Trillion industry with herb and hemp-based alternatives to nicotine cigarettes by manufacturing and marketing consumer goods, including CBG and CBD Hemp cigarettes. The Company owns and licenses intellectual property, has conducte...