Hempacco Announces Joint Venture with Cheech & Chong to Launch New Hemp CBD Cigarettes and Hemp Blunt Rolling Papers
2022年1月20日 - 11:00PM
InvestorsHub NewsWire
Hempacco Announces Joint Venture with Cheech
& Chong to Launch New Hemp CBD Cigarettes and Hemp Blunt
Rolling Papers
Pursuing its goal of Disrupting
Tobacco™, Hempacco launches Cheech and Chong's Hemp
Company in a 50/50 joint venture with the celebrities
SAN DIEGO, CA --
January 20, 2022 -- InvestorsHub NewsWire -- Hempacco Co,
Inc., a majority-owned subsidiary of Green Globe International,
Inc. (OTC Pink: GGII), entered into a joint venture
agreement with an entity controlled by Cheech & Chong. The new
joint venture entity between the celebrities'entity and Hempacco,
owned 50% by each party, is developing different lines of products
to include Hemp CBD Cigarettes and Hemp Blunts smoking papers, all
under the Cheech & Chong brand. "Throughout my career, I've
always been against cigarette smoking, and now I'm proud to release
the next best thing to smoking cannabis, and that's hemp!"
exclaimed Tommy Chong.
Details of the Joint
Venture:
- Hempacco plans to start producing Hemp CBD Cigarettes and Hemp
Blunt Rolling Paper using the Cheech & Chong Brand for the
Joint Venture entity.
- The new joint venture entity is 50% owned by Hempacco Co,
Inc.
- Hempacco plans to premiere the Cheech & Chong wrapped
vending machines at the Las Vegas TPE Show.
- Hempacco plans to take purchase orders at the Las Vegas TPE
show this month.
- Cheech & Chong have a social media audience of 12 million
and growing.
- The Cheech & Chong comedy duo has been making films since
1978, including Up In Smoke, Nice Dreams, and Still Smokin.
"We are excited to launch a joint venture with Cheech &
Chong. We are working with their entity's CEO, Jonathan Black, to
develop three unique products, three blends in smokables, and our
hemp blunt wraps," said Sandro Piancone, Founder and CEO of
Hempacco. "We are launching the brand this month at the TPE show in
Las Vegas, where we plan to showcase our cutting-edge Cheech &
Chong vending machines alongside some of the exciting new products
that we're making for them," added Sandro Piancone.
![](https://investorshub.advfn.com/uimage/uploads/2022/1/20/cooznGGII_Hempacco_Cheech_Chong_JV_(1).jpg)
The new smokables company plans to sell its products online and
in retail stores, including convenience stores and smoke shops,
powered by the promotional and branding power of Cheech &
Chong, both on social media and through advertising. "Smoking hemp
is a relaxing substitute, and a good way to kick nicotine!" said
Cheech.
"Attracting partners like Hempacco with great products like
their hemp cigarettes is one of the many great outcomes of working
with an iconic brand like Cheech and Chong. We are excited about
what this partnership means to future products we plan to bring to
market together," explained Jonathan Black, CEO of Cheech and
Chong's Cannabis Company.
"Sandro and I always dreamt of working with Cheech &
Chong," said Jorge Olson, Co-Founder and CMO of Hempacco and GGII.
"We thought from the very beginnings of Hempacco that a Cheech
& Chong Hemp Smokable would be an incredible product, marketed
to a baked-in customer base," concluded Jorge Olson.
About Cheech and
Chong's Cannabis Company
Cheech and Chong's Cannabis believes that quality operations,
products, and excellent customer service are the pillars of
success. The company will marry operational philosophies with the
well-established Intellectual Property of Cheech and Chong to
create a new type of cannabis experience. By combining the
well-recognized brand, the extensive portfolio and the expertise of
Eighth Icon's Executive Team, the canna-business industry finally
has a company with the formula for success with worldwide brand
recognition.
Cheech and Chong's Cannabis is perfectly poised to capitalize on
the rapidly growing cannabis market through distribution, delivery,
wholesale and retail capabilities. The cannabis industry finally
has the right vehicle to deliver the Cheech and Chong
experience.
About Hempacco, Co. Inc.
Hempacco Co, Inc. goal is Disrupting Tobacco's™ nearly $1
Trillion industry with herb and hemp-based alternatives to
nicotine cigarettes by manufacturing and marketing herb,
spice,
and cannabinoid smokables and rolling paper. Hempacco owns The Real Stuff™ functional
hemp cigarette and rolling paper brand.
Hempacco Co., Inc. operational segments include:
-
Manufacturing of smokables and hemp rolling paper
- Smokable technology development
-
The Real Stuff brand of functional smokables and rolling paper
Add Your Name to
The Hempacco Investor Email List
To be added to the Hempacco's investor email list to
be kept apprised of all upcoming IR activities, please
subscribe here, or for additional information, please call
Investor Relations Partners at 323-380-4500.
Company
Contact:
Founder Sandro Piancone or Investor
Relations IR@hempaccopackaging.com
Investor Contact:
Dave Gentry, CEO
RedChip Companies
GGII@redchip.com
1-800-733-2447
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