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American Diversified Holdings Corporation (OTCPK: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 (OTCPK:GGII), Hempacco (NASDAQ: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:
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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.
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Jointly design a line of CDB, dietary supplements and cosmetic products to be offered through ADHC' e-commerce platform.
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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.
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Parties have agreed to a financial partnership including share issuances, line of credit for product inventory, capital formation and addition of future management.
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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."
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Photo: Benzinga edit with photos by geralt, lindsayfox on Pixabay
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.