OVERLAND PARK, KS, March 25, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Green Globe International, Inc. (OTCPINK: GGII) is a Delaware company engaged in building a vertically integrated CBD and cannabis supply chain and developing a centralized marketplace for the 1000’s of farmers that have entered into Hemp farming after the successful passing of the 2018 Hemp-Farm Bill.
Mr. Thomas Elafros, CEO, stated, “We are pleased to provide the following update, recent achievements and near term view of what we look to accomplish.”
1. Industry involvement – CEO, Tom Elafros, Board member of the Planted Association of Kansas organization (http://www.plantedks.org) and GGII was a proud sponsor of the Hemp Symposium in Hutchinson, KS. It was a successful event in which we met many key farmers and related parties who are interested in the activities of GGII, especially as it relates to the need for full vertical hemp ancillary business and infrastructure for growing, extraction and processing. Numerous opportunities, doors opened and ongoing discussions. Additionally, we are collaborating with Bill Cook and a new organization being rolled out, Missouri Hemp Association, focused on initiatives that will benefit those involved with Hemp. We look forward to building a strong relationship with this organization.
2. We are building our team. From sales to capital, social media, website development and the advisory board, we have been selective about bringing people on board with consistent values and a passion for our business. In a relatively short period of time, we have built a team of over ten individuals working in various capacities helping to build our infrastructure for the future, five of which are focused on sales. In addition, we have established a strong advisory board with appointment of industry experts, Mr. Bill Cook - our AG expert (https://agmaxx.com) and Mr. Joel Cape - our legal and AG transactional expert (https://capefirm.com), as our initial members.
3. The company continues to build key partnerships. We have established supply relationships with five manufacturers and currently have over 40 products for sale through our channels. In addition, we have relationships with extraction facilities in Oklahoma and Colorado and continue to look for new opportunities in the Midwest.
4. We are currently rolling out our full-scale sales initiatives in Kansas, Missouri and Texas. Our initial product launch includes general wellness (CBD and CBG), health and beauty products and vape products. Our feet on the ground sales strategy is beginning to take shape.
5. The company is near completion of our online sales store to include the ability to offer bulk, wholesale and retail products through our single site. This robust platform will provide efficient distribution capability from a single site. Anticipated launch coming over the next month (https://greenglobeintl.com). We continue to expand our social media footprint as we connect with shareholders and investors as well as retail consumers and hemp enthusiasts to network our company into the future.
6. We are collaborating with local farmers on a Hemp research program in Kansas to provide information on seed genetics, SOP for grow operations, yield enhancements, growing conditions and sales and market intelligence. This initiative will provide future revenue streams from Biomass sales as well as collaboration and training programs for farmers. Our consortium member has filed an application for a grower’s license and we anticipate approval to commence growing Hemp in the next month.
7. 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 insure economic value add to our shareholders.
“We have been very busy building the foundation to support scalable growth and are poised to take advantage of the multitude of business opportunities in this potential $20 Billion industry. We are working hard every day to bring value to shareholders and are beginning to build momentum in the marketplace We want to thank all of our investors for being a part of the continued growth of the company,” Mr. Elafros concluded. Also look for the interview with Bill Cook on his Ag Disclosure YouTube channel - Link will be posted on our social media.
Investors are encouraged to follow Green Globe using:
Twitter: https://twitter.com/GreenglobeGGII
Company Website: https://greenglobeintl.com