Green Globe International Inc (GGII)

[Renegades17]

Those numbers are laughable



I'm pro Hemp for a variety of uses, but to think this company is being valued at over $1.5bn (current price based on pre-market) is absurd. The Hempacco guys botched the share structure and will have to do a reverse split to get the share count under control.

The opportunity to gain share vs. traditional cigarettes is big, but it's unclear to me that nicotine users will find hemp a suitable substitute. Perhaps if delta-8 avoids DEA scheduling, but that's uncertain at this point.

On my watch list, but this share structure is awful and I would wait if I were a prospective buyer. Might be some trading opportunities, but the value isn't there.