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

In Thursday's pre-market session, several consumer staples stocks experienced movement. Mama's Creations (MAMA) saw a 7.1% increase, while AgriFORCE Growing Systems (AGRI) dropped by 36.2%. Other gainers included Shineco (SISI), Splash Beverage Group (SBEV), and Mangoceuticals (MGRX). Losers comprised Smart for Life (SMFL), Bit Brother (BETS), Hempacco (HPCO), Maison Solutions (MSS), and Flora Growth (FLGC). MSS's decline followed its Q2 earnings report released three days prior.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 1:07 pm

Ispire Technology Inc. (NASDAQ:ISPR) has secured a five-year exclusive global manufacturing and distribution agreement with BrkFst, a brand co-created by Burna Boy. The agreement grants Ispire the rights to distribute BrkFst branded vapor products, which will launch in Nigeria, Ghana, and South Africa in December, and in the EU and UK in Q2 2024. Ispire, which went public this spring, has also partnered with Cookies and Hempacco Co., Inc. (NASDAQ:HPCO) for distribution of cannabinoid and nicotine vapor products.

Portfolio Pulse from Jelena Martinovic

December 14, 2023 | 4:43 pm

Johnson Controls International plc (NYSE:JCI) shares dropped over 6% due to weaker-than-expected quarterly results, with sales of $6.91 billion missing the $7.09 billion consensus and adjusted EPS of $1.05 below the $1.09 consensus. Other stocks experienced significant movements, with notable gainers including Aditxt, Inc. (ADTX), C4 Therapeutics, Inc. (CCCC), and Icosavax, Inc. (ICVX), among others. Losers included Achieve Life Sciences, Inc. (ACHV), Harbor Custom Development, Inc. (HCDI), and Oracle Corporation (ORCL), with various reasons such as FDA feedback, bankruptcy filing, and missed sales estimates, respectively.

Portfolio Pulse from Avi Kapoor

December 12, 2023 | 6:22 pm

Icosavax, Inc. (NASDAQ:ICVX) shares surged approximately 45% in pre-market trading following AstraZeneca's announcement of plans to acquire Icosavax for up to $1.1 billion. Icosavax also reported positive interim Phase 2 results for its IVX-A12 vaccine candidate. Other stocks experiencing pre-market movements include gainers Bruush Oral Care Inc. (BRSH), Connect Biopharma Holdings Limited (CNTB), and losers Harbor Custom Development, Inc. (HCDI), which filed for Chapter 11 bankruptcy, and Oracle Corporation (ORCL), which reported mixed quarterly results.

Portfolio Pulse from Avi Kapoor

December 12, 2023 | 1:00 pm

Hello Group Inc. (NASDAQ:MOMO) shares increased by approximately 8% in pre-market trading following the release of their third-quarter results, which showed a decrease in net revenues by 5.9% year-over-year but an increase in non-GAAP diluted net income per ADS. Other stocks experienced significant movements in pre-market trading, with MBIA Inc. (NYSE:MBI) and Exicure, Inc. (NASDAQ:XCUR) among the top gainers, while Cyngn Inc. (NASDAQ:CYN) and Golden Heaven Group Holdings Ltd. (NASDAQ:GDHG) were among the top losers.

Portfolio Pulse from Avi Kapoor

December 08, 2023 | 1:05 pm

Methode Electronics, Inc. (NYSE:MEI) shares dropped over 14% due to weaker-than-expected quarterly earnings, with adjusted EPS of 6 cents versus the estimated 12 cents, and sales of $288 million against the forecasted $292.82 million. Other stocks experienced significant movements in Thursday's mid-day session, with notable gainers including Save Foods, Inc. (NASDAQ:SVFD), Cyngn Inc. (NASDAQ:CYN), and Barnes & Noble Education, Inc. (NYSE:BNED), among others. Losers included Troika Media Group, Inc. (NASDAQ:TRKA), Phio Pharmaceuticals Corp. (NASDAQ:PHIO), and Bit Brother Limited (NASDAQ:BETS).

Portfolio Pulse from Avi Kapoor

December 07, 2023 | 6:13 pm

Hempacco Co, Inc. (NASDAQ:HPCO) has entered into an exclusive master distribution agreement with CBDAY Global Private Limited to sell Hempacco's hemp and CBD products in India and Thailand. The agreement includes the introduction of Cheech & Chong and Rick Ross hemp products on CBDAY's website and distribution channels. Hempacco's VP of sales, Daniel Ortega, highlighted the significant market opportunity in Asia due to its large population and rising disposable income. Hempacco has also partnered with celebrities for product lines and recently teamed up with Snoop Dogg for a new consumer-packaged goods line. Additionally, Ispire Technology Inc.'s subsidiary Aspire North America, LLC has an exclusive agreement to distribute Hempacco’s branded products, including those associated with Snoop Dogg.

Portfolio Pulse from Jelena Martinovic

December 07, 2023 | 3:25 pm

Hempacco's stock is trading higher following the announcement of an exclusive Master Distribution Agreement with CBDAY Global, which will sell Hempacco's hemp and CBD products exclusively in India and Thailand.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 1:22 pm

Cerevel Therapeutics Holdings, Inc. (CERE) shares surged approximately 15% in pre-market trading after AbbVie Inc. (ABBV) announced plans to acquire Cerevel for $8.7 billion, or $45 per share in cash. The acquisition is expected to close in mid-2024. Other stocks experienced pre-market movements, with notable gainers including Hempacco Co., Inc. (HPCO), MicroAlgo Inc. (MLGO), and AerSale Corporation (ASLE), and significant losers such as ZyVersa Therapeutics, Inc. (ZVSA), Red Cat Holdings, Inc. (RCAT), and Chewy, Inc. (CHWY).

Portfolio Pulse from Avi Kapoor

December 07, 2023 | 12:59 pm

Portfolio Pulse from Benzinga Newsdesk

December 06, 2023 | 10:08 pm

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