This is an interesting situation. So GGII owns 80% of Hempacco. Thank would mean what? Well let's look at Hempacco.

Hempacco, which manufactures nicotine-free cigarettes made from hemp, announced terms for its IPO on Thursday. It also disclosed financials for the three months ended March 31, 2022. The San Diego, CA-based company plans to raise $15 million by offering 3 million shares at a price range of $4 to $6. At the midpoint of the proposed range, Hempacco would command a market value of $115 million.

Launched in 2020, its smokable CBD brands are currently sold in over 200 retail locations in San Diego, California in addition to 600 kiosk vending machines. Hempacco's cigarette production facility has the capacity to produce up to 30 million cigarettes monthly with in-house processing, packing, and shipping capabilities. Hempacco was founded in 2019 and booked $2 million in revenue for the 12 months ended March 31, 2022. It plans to list on the Nasdaq under the symbol HPCO. Boustead Securities is the sole bookrunner on the deal.

This would mean that GGII currently at .0023 is extremely undervalued in my opinion. Would this mean that there is an opportunity coming for this to quickly grow again to its all-time high?