Investor Ideas #Potcasts, #Cannabis News and #Stocks on the Move- Interview CMO and Co-Founder of (NASDAQ: $HPCO) and (OTC: $GGII)
Delta, Kelowna, BC, February 17th, 2023 (Investorideas.com Newswire), investorideas.com, a global news source covering leading sectors including marijuana and hemp stocks and its potcast site release today’s podcast edition of cannabis news and stocks to watch plus insight from thought leaders and experts.
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https://www.investorideas.com/Audio/Podcasts/2023/021723-Cannabis.mp3
Read this in full at https://www.investorideas.com/news/2023/cannabis-potcasts/02171HPCO-GGII.asp
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Today’s podcast overview/transcript:
In today’s podcast Investorideas interviews Jorge Olson, CMO and Co-Founder of Hempacco Co. Inc. (NASDAQ:HPCO) and Green Globe International Inc. (OTC: GGII), where we discussed Olson’s background that lead him into the cannabis industry, how Hempacco aims to be a market disruptor in the industry, the benefits of moving away from reliance on overseas manufacturing and the industry as a whole.
Olson was born in Tijuana, Mexico, without running water or electricity, hurdling buckets of water across a block several times per day. Now, Olson is the author of business and inspirational books, as well as an authority on consumer packaged goods, beverages, and wholesale distribution. His partners are super-entrepreneur Sandro Piancone, Cheech and Chong, James Linsey, Rick Ross and Snoop Dogg.
Hempacco is focused on Disrupting Tobacco's™ nearly $1 trillion industry with hemp cigarettes, smoking paper, and other alternatives to nicotine tobacco, which is an ambitious play. When asked about some of the obstacles the company faced in addressing such a challenge, Olson commented “running Hemp cigarettes through a machine is not easy. It took us two years to figure out how to run hemp through a traditional cigarette maker. When cannabis becomes legal federally we can also run cannabis through our machine, which is even more difficult because of the oil. In the process we discovered about 14 pieces of intellectual property, though we’re not sure if we will patent all of them. The next biggest issue was education. Education of the consumer as well as the sales staff. The first part of our education was to the store. Most stores told us they weren’t a dispensary and that they can’t sell pot. They would say it looks like pot, it smells like pot, so we can’t sell it. We had to go with all of this paper work, lab tests, etc. to prove what our products were. For our newer products we’ve made sure our products don’t smell like cannabis so we can go after the “social smoker”. For the social smoker, number one, you have to feel something, number two, it can’t smell like cannabis. We have already achieved getting the smell out. For the function and the feel, we are working on that.”
Earlier this month, Hempacco Co., Inc., announced their new joint venture with entertainment icon and entrepreneur Calvin Broadus, Jr. p/k/a "Snoop Dogg" to develop a consumer-packaged goods line. Hempacco is Green Globe InternationaI's majority-owned subsidiary focused on Disrupting Tobacco's™ nearly $1 trillion industry with hemp cigarettes, smoking paper, and other alternatives to nicotine tobacco.
HPDG, LLC, the newly formed California limited liability company, is owned by Hempacco and Snoop Dogg and will develop, manufacture, and market a line of various consumer packaged goods, including smokable hemp products, hemp paper, blunts, vapes, and edibles.
"I was elated when Snoop Dogg told us he wanted to go into the fast-moving consumer goods vertical, producing portfolios of different products. My whole team was thrilled," said Jorge Olson, CMO of GGII. "We can see the potential of a portfolio of brands in smokables, nutritional supplements, skincare, and other categories. When Snoop goes with us to a trade show, we can ensure distributor and wholesaler participation. It's a consumer-packaged goods brand's dream come true."
This announcement followed the company’s previous announcement of entering into a consignment agreement with Marijuana Packaging to sell its hemp blunt wraps. Under the terms of the agreement, Marijuana Packaging will sell the Cheech & Chong and Rick Ross hemp blunt wraps on their e-commerce platforms, including marijuanapackaging.com, smokecones.com, and 420packaging.com.
Earlier this year, Hempacco launched a joint venture with celebrities Cheech & Chong and Rapper Rick Ross to manufacture their private brand of hemp CBD cigarettes and hemp blunt wraps. The Cheech & Chong organic hemp blunt wraps are now available to purchase online in a 25-count retail display in three flavors: merry mint, lemon love, and grandaddy grape. The Rick Ross Hemp Hop organic hemp blunt wraps are also available in a 25-count retail display in rozay, cookies & creme, and strawberry rozay.
Olson went on to discuss in more detail some of the products produced through Hempacco, the long term potential for the company’s many patents, the benefits of moving to North American manufacturing and becoming less reliant on overseas products as well as expectations for the year.
To find out more information about Hempacco Co. Inc. visit their website here.
To find our more information about Green Globe International Inc. visit their website here.
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