Hempacco Co., Inc. entered into a share exchange agreement to acquire Green Globe International, Inc. for $5.2 billion in a reverse merger transaction.
May 25, 2021
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Hempacco Co., Inc. entered into a share exchange agreement to acquire Green Globe International, Inc. (OTCPK:GGII) for $5.2 billion in a reverse merger transaction on May 21, 2021. In consideration of the issuance of 70,312,160,174 shares of common stock of Green Globe to Hempacco's shareholders. Shareholders representing 97.9757% of Hempacco's outstanding shares have signed the share exchange agreement, and Hempacco expects that the remaining Hempacco shareholders will sign the share exchange agreement in the coming days.
Hempacco Co., Inc. completed the acquisitions of Green Globe International, Inc. (OTCPK:GGII) in a reverse merger transaction on May 21, 2021.
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.
Hempacco Co., Inc. entered into a share exchange agreement to acquire Green Globe International, Inc. for $5.2 billion in a reverse merger transaction.
GREEN GLOBE INTERNATIONAL, INC. 
