Green Globe International, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 15, 2022 at 09:10 am EST
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Green Globe International, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was USD 0.592235 million compared to USD 0.377221 million a year ago. Net loss was USD 1.05 million compared to USD 0.403242 million a year ago. Basic loss per share from continuing operations was USD 0.05 compared to USD 0.02 a year ago.
For the nine months, revenue was USD 3.44 million compared to USD 0.911007 million a year ago. Net loss was USD 2.02 million compared to USD 1.2 million a year ago. Basic loss per share from continuing operations was USD 0.1 compared to USD 0.14 a year ago.
Green Globe International, Inc., through its subsidiary, Hempacco Co., is engaged in the manufacturing of hemp smokables for other hemp/cannabidiol (CBD) related businesses (white labeling), as well as promotion of its own brand, The Real Stuff. The Company, through its subsidiary, Hempbox Vending, Inc., sells and leases vending kiosks for the distribution of CBD and hemp products. The Companyâs vending owns approximately 585 kiosks. Its subsidiary, Green Star Labs, Inc. is involved in nutraceutical manufacturing business. Its other subsidiaries include Cali Vibes D8, LLC, Hemp Hop Smokables, LLC, StickIt USA, Inc., Cheech and Chongâs Hemp Company, Hempacco Paper Co. Inc., Organipure, Inc., Weedsies Vending, LLC, HPDG, LLC, Hempacco Europe Sp. Zoo, RD-HPCP, Inc., and Fairy Dust, Inc.
GREEN GLOBE INTERNATIONAL, INC. 
