Green Globe International, Inc. (OTCPK: GGII) will look for acquisitions. Tom Elafros, Chief Executive Officer said, "The Company continues to evaluate revenue producing acquisition candidates and opportunities for partnerships or joint ventures in the hemp space as there are numerous opportunities for us to acquire businesses in line with our goals to expand into a full-scale vertically integrated cannabis company. We will be selective about these opportunities to ensure economic value add to our shareholders."
Green Globe International, Inc., through its subsidiary, Hempacco Co., is engaged in the manufacturing of hemp smokables for other hemp/cannabidiol (CBD) related businesses (white labeling), as well as promotion of its own brand, The Real Stuff. The Company, through its subsidiary, Hempbox Vending, Inc., sells and leases vending kiosks for the distribution of CBD and hemp products. The Companyâs vending owns approximately 585 kiosks. Its subsidiary, Green Star Labs, Inc. is involved in nutraceutical manufacturing business. Its other subsidiaries include Cali Vibes D8, LLC, Hemp Hop Smokables, LLC, StickIt USA, Inc., Cheech and Chongâs Hemp Company, Hempacco Paper Co. Inc., Organipure, Inc., Weedsies Vending, LLC, HPDG, LLC, Hempacco Europe Sp. Zoo, RD-HPCP, Inc., and Fairy Dust, Inc.