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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

0.01

Mkt cap

36K

Volume

122

High

0.01

P/E Ratio

-0.00

52-wk high

3.26

Low

0.01

Div yield

N/A

52-wk low

0.00

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.

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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.

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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

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