Streetbeat News

HPCO

Hempacco Co., Inc.

Industry

Drug Manufacturers - Specialty & Generic

Hempacco Co., Inc. manufactures and sells smokable hemp and herb products in California. It offers The Real Stuff hemp smokables. The company was formerly known as The Hempacco Co., Inc. and changed its name to Hempacco Co., Inc. in May 2021. The company was incorporated in 2019 and is headquartered in San Diego, California. Hempacco Co., Inc. operates as a subsidiary of Green Globe International, Inc.

Open

0.02

Mkt cap

101K

Volume

616

High

0.02

P/E Ratio

N/A

52-wk high

5.41

Low

0.02

Div yield

N/A

52-wk low

0.01

Hempacco Co., Inc. (NASDAQ:HPCO) has received a non-compliance notice from Nasdaq for failing to file its Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2024.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2024 | 8:14 pm

Hempacco and Illumination Brands have entered into a non-binding LOI to merge their US operations, retaining the name 'Illumination Brands' and Hempacco's Nasdaq listing. The merger is expected to generate approximately $35M in annual revenues for the combined entity, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 2:55 pm

The article highlights the top 3 oversold stocks in the consumer staples sector, identified by their low RSI values, indicating potential undervaluation. Hempacco Co., Inc. (HPCO), Walgreens Boots Alliance, Inc. (WBA), and Beyond Meat, Inc. (BYND) are mentioned as having RSI values near or below 30, suggesting they may be poised for a rebound. Recent developments for each company are also noted, including a media contract for HPCO, a price target adjustment for WBA by Morgan Stanley, and a mixed securities shelf offering filed by BYND.

Portfolio Pulse from Avi Kapoor

April 19, 2024 | 12:53 pm

In Tuesday's after-market session, several consumer staples stocks showed notable movements. Gainers included Farmer Bros, Pricesmart, Hempacco, Elevai Labs, Mangoceuticals, and Bruush Oral Care, with increases ranging from 2.51% to 4.8%. On the losing side, WD-40, Smart for Life, Honest Co, Australian Oilseeds Hldgs, Reborn Coffee, and Veru saw declines between 1.69% and 3.5%. Pricesmart and WD-40 released their Q2 earnings, influencing their stock movements.

Portfolio Pulse from Benzinga Insights

April 09, 2024 | 8:31 pm

Hempacco Co., Inc. (NASDAQ:HPCO) has signed a three-month media contract with New to The Street for the continuation of filming and broadcasting tailored interviews and streaming digital billboard ads in New York City. The interviews, focusing on Hempacco's hemp-based Disrupting Tobacco products, will air weekly on the FOX Business Network. The partnership aims to increase awareness of Hempacco's products, including hemp cigarettes and CBD products, through various media platforms. The company's collaborations with celebrities and its innovative hemp products are highlighted as key growth drivers.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 1:15 pm

Ispire Technology Inc. (NASDAQ:ISPR), a company specializing in e-cigarettes and cannabis vaping products, announced a public offering of 2.05 million shares at $6 each, aiming to raise $12.3 million. The funds are intended for the establishment of a manufacturing facility in Malaysia, funding a joint venture, and general corporate purposes. The company's cannabis business has shown significant growth, with a 30.7% increase in revenue year-over-year. Ispire has partnerships with celebrities like Snoop Dogg and Burna Boy for product endorsements. Following the announcement, ISPR shares dropped 27.91% to $5.85. Hempacco Co., Inc. (NASDAQ:HPCO) also has a distribution agreement with Ispire's subsidiary.

Portfolio Pulse from Jelena Martinovic

March 22, 2024 | 4:23 pm

Trading for HPCO was halted and then resumed at 8:55 AM ET, with updates on quotation resumption, news, and resumption times provided.

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 12:55 pm

Trading for HPCO was halted at 7:50:00 p.m. ET due to pending news. The specific reasons for the halt are not disclosed, but it typically indicates significant news that could affect the company's stock price.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 11:50 pm

Ispire Technology Inc. (NASDAQ:ISPR) reported a 30.7% year-over-year increase in Q2 fiscal 2024 revenue, reaching $41.7 million, driven by a significant rise in cannabis vaping product sales. The company also highlighted strategic partnerships with Cookies, Hempacco Co., Inc. (NASDAQ:HPCO), and BrkFst, co-created by Burna Boy. Despite revenue growth, ISPR experienced a net loss of $4 million and a decrease in gross margin. Shares fell 13.94% in pre-market trading.

Portfolio Pulse from Jelena Martinovic

February 21, 2024 | 1:38 pm

Hempacco has agreed to purchase all of Green Globe International's shares in Green Star Labs, representing a 50% stake, for $2.5 million. The payment will be made through a promissory note.

Portfolio Pulse from Charles Gross

January 04, 2024 | 10:09 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.