STOCKS TELEGRAPH

Tag: Green Globe Stock

  • How Did The GGII Stock Rocketed 24%?

    A surge of 23.53% was seen in the price of Green Globe Intl Inc [OTCPink: GGII] stock at its previous close. Green Globe stock recorded a volume of 201.05M, compared to its 30-day average volume of 221.79M. GGII stock value ranged from $0.0001 to $0.1679 over the last 52 weeks. A new initiative to license its technology has boosted GGII stock price.

    What technology did GGII license?

    In its Disrupt Tobacco mission to excel in $1 trillion industry, Green Global and its wholly owned subsidiary Hempacco Co are introducing alternatives to nicotine cigarettes that are derived from herbs and hemp. GGII manufactures and markets a wide variety of hemp-based consumer products, including CBD Hemp cigarettes, CBG, and Herb Smokables. In addition to owning and licensing intellectual property, GGII conducts extensive research and development and manufactures and sells smokable hemp products, including The Real Stuff Hemp Smokables.

    As part of its new initiative, Green Globe announced it would partner with leading companies in the US, Canada, and Mexico to manufacture machine-made cannabis cigarettes.

    • Over the past two years, GGII has worked diligently to develop technology for the processing, manufacturing, and marketing of herb and hemp smokable experiences that include texture, scent, and aroma.
    • GGII has now announced its new technology initiative to adapt existing intellectual property to the cannabis industry by creating machine-made cannabis cigarettes, starting with existing patents.
    • GGII will install and train partners who are already engaged in the Cannabis industry rather than harvesting or handling flower or raw materials.
    • GGII is exploring the production of high-speed cannabis cigarettes.
    • It was not easy for GGII to produce hemp cigarettes containing herbs, CBD, CBG, and other cannabinoids.
    • In order to automate the process of producing millions of cigarettes per week, GGII developed the technology and machinery over two years to understand the blends, the process, and the machinery.
    • The In the process of manufacturing, GGII developed a portfolio of intellectual property that is now being used to automate the cannabis cigarette production process.
    • The new Cannabis Initiative prohibits GGII from processing or manufacturing cannabis cigarettes in its San Diego factory.
    • GGII’s initiative involves partnering with other cannabis companies and setting up machine manufacturers in their facilities, training them, and licensing them patents.

    What is GGII up to?

    As part of GGII’s new Cannabis initiative, it is developing licensing fees, research, acquisition, and development. The Cannabis cigarette market leader Green Globe (GGII) will not sell directly to consumers, instead, GGII will team up with leading cannabis companies that were interested in manufacturing, marketing, and selling machine-made Cannabis cigarettes through GGII. In order to fulfill their mission of “Disrupting Tobacco”, GGII plans to develop products that combine hemp, marijuana, and herbs.

  • Were There Any Significant Reasons Why The Green Globe (GGII) Stock Increased 53%?

    The share price of Green Globe International, Inc (OTCPink: GGII) closed Tuesday’s trading session at $0.0895, up 53.78 percent versus the previous day’s close of $0.0582. During the last month, shares of Green Globe Stock soared by over 3480.00%; the volume for the month averaged over 501.71M shares. The GGII stock rose despite the absence of current news, so it is possible to gain insight from recent developments regarding GGII.

    What happened at GGII recently?

    Green Globe offers CBD-infused products to companies that offer consumer goods. GGII is a direct conduit between industrial hemp growers and processors and consumer product manufacturers for CBD oils. Furthermore, GGII provides fulfillment services, including specialized storage and shipping, to CBD-based products developers, such as edibles and topical presentations.

    According to the latest disclosure by Green Globe, the control of GGII was transferred to The Hempacco Co., Inc. in March 2021, due to a private sale of 100 Series A Preferred Shares of GGII.

    • New directors for GGII were chosen, led by Hempacco executive Sandro Piancone.
    • In addition, GGII applied at OTC Markets Group, Inc. for access to its information and disclosure system so that it could fill in missing reports and add more details about the new ownership group.
    • About three to four weeks are needed to complete the process.
    • Using plant-based products – natural smokables such as herb cigarettes, CBD, CBG, and hemp cigarettes – Hempacco is disrupting the tobacco industry.

    What can we expect next from GGII?

    Green Globe (GGII) expects to pursue a merger or combination transaction with Hempacco as soon as it has met its OTC Markets filing obligations. But, GGII and Hempacco have yet to sign a definitive agreement, and no guarantee has been given that such an agreement will be signed nor that a combination will be enacted.