ADHC To Accelerate Entry Into The CBD Market: Teams UP With Industry Veterans Green Globe International, Hempacco And Green Star Labs

American Diversified Holdings Corporation ADHC announced that the company, through it's brands Universal Wellness and Amazon vendor RollsChoice , has reached a comprehensive alliance with GGII's leading group of a companies in the CBD and hemp sector. ADHC's agreement with Green Globe Intl Group GGII, Hempacco HPCO and GGII's operating subsidiary Green Star Labs provides for a broad range of services and interrelated business activity.

The GGII/Hempacco/Greenstar group has entered into this alliance with ADHC and will collaborate as outlined below:

  1. Formulation, manufacturing, private label, inventory management, packaging and shipment logistics with be provided by Green Star Labs under the Universal Wellness and Rolls Choice Brand.

  2. Jointly design a line of CDB, dietary supplements and cosmetic products to be offered through ADHC' e-commerce platform.

  3. Introduce and negotiate endorsement agreements with social media influencers and noted HipHop/Rap luminaries. Hempacco currently has relationships deals with Snoop Dogg Brands, rap artist Rick Ross, Hemp Hop smokables and Cheech and Chong, hemp cigarettes.

  4. Parties have agreed to a financial partnership including share issuances, line of credit for product inventory, capital formation and addition of future management.

  5. Parties have agreed to assess the develop of ADHC existing brand and future products under development, including products sold under the Rolls Choice brand of cannabis adhesive pens and Universal Wellness lifestyle and CBD products.

"This alliance with ADHC's Universal Wellness and Rolls Choice brands is great opportunity for us to build revenues with a great partner," stated Sandro Piancone, CEO of GGII and HPCO. "We look forward to hitting the ground running for a long term mutually beneficial alliance."

Benzinga's Cannabis Capital Conference Is Back

The most successful cannabis business event in the world, the Benzinga Cannabis Capital Conference, returns to Miami for its 16th edition. This is the place where DEALS GET DONE, where money is raised, M&A starts, and companies meet investors and key partners. Join us at the Fontainebleau Miami Beach Hotel in Florida on April 11-12. Don’t miss out. Secure your tickets now. Prices will surge very soon.

Photo: Benzinga edit with photos by geralt, lindsayfox on Pixabay

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: CannabisNewsPenny StocksMarketscheech and chongGreen Star LabsHemp HoppremiumRick RossRollsChoiceSandro PianconeSnoop DoggUniversal Wellness
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!
CCC-Oct-24-Banner-1

Click on the image for more info.

Cannabis rescheduling seems to be right around the corner

Want to understand what this means for the future of the industry?

Hear directly for top executives, investors and policymakers at the Benzinga Cannabis Capital Conference, coming to Chicago this Oct. 8-9. 

Get your tickets now before prices surge by following this link.