Green Globe International Inc (OTCMKTS:GGII) was one of the biggest gainers on Tuesday. The stock has been gaining momentum over the past 6-month with a gain of 1000%.
Market Reaction
On Tuesday, GGII stock ended soared by 47% at $0.0299. Volume was hefty with more than 234.75 million shares traded hands, compared to its average volume of 210.95 million shares. The stock opened at $0.0207 and moved within a range of $0.0207 – 0.0308.
Major Trigger:
Herb & CBD Hemp Cigarette Industry Leader GGII Green Globe – Hempacco Retains Investor Relations Partners as Investor Relations Counsel
Key Highlights:
- announced that it has retained the services of Investor Relations Partners (IRP) to expand the Company’s strategic investor and public relations programs.
“2021 will be a pivotal year for GGII – Hempacco and an even more historic one for the tobacco industry as it begins to undergo a major shift away from nicotine-based cigarettes and into herb smokables and CBD, CBG rich hemp cigarettes, due primarily to the proven adverse health effects of nicotine,” said Sandro Piancone, Chairman and CEO of GGII and Hempacco Co., Inc.
“It’s in this favorable business climate that we believe GGII – Hempacco will not only survive but thrive as we continue to solidify our first-mover advantage in the herb & CBD hemp cigarette market while we continue to invest in the securing of critical intellectual property rights that could single-handedly propel us to disrupt the tobacco industry’s heavyweights literally overnight.
However, as exciting, and disruptive our technologies will likely be to the nearly trillion-dollar tobacco industry, we believe this could be the tip of the iceberg. To ensure we are able to focus management’s time on growing the business, we will look forward to the guidance and support of the team at Investor Relations Partners to effectively communicate our growth story to both the professional investment community as well as the major financial and trade media with our overriding goal of decreasing our overall cost of capital while maximizing shareholder value,” concluded Mr. Piancone.
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