Hempacco Co., Inc. (NASDAQ: HPCO) ("Hempacco" or the "Company"), a hemp smokables company Disrupting Tobacco's™ nearly $1 Trillion industry with hemp cigarettes, smoking paper, and alternatives to nicotine tobacco, commences sales of new Cheech & Chong-branded hemp blunt wraps.
"We're excited to expand our hemp smokables product line under our JV with Cheech & Chong," commented Sandro Piancone, Co-Founder and CEO of Hempacco. "Working with Cheech & Chong's team to develop several unique products has been an absolute pleasure, and we look forward to ramping sales as we leverage their iconic, globally recognized brand."
In January 2022, Hempacco entered into a joint venture agreement with Cheech and Chong's Cannabis Company ("CCCC"). Hempacco debuted its initial line of Cheech & Chong-branded hemp smokables and hemp blunt wraps products, as well as a Cheech & Chong-branded kiosk vending machine, with Tommy Chong, at the Tobacco Plus Expo in Las Vegas in January.
"Working with Cheech & Chong has been a dream come true," added Jorge Olson, Co-Founder and CMO of Hempacco. "Bringing this brand to life has been an exciting adventure, and we look forward to marketing these incredible products to Cheech & Chong's baked-in customer base."
According to a July 2022 Gallup poll, Americans now smoke more cannabis than tobacco.
About Hempacco
Hempacco Co., Inc.'s goal is Disrupting Tobacco's™ nearly $1 trillion industry with herb and hemp-based alternatives to nicotine cigarettes by manufacturing and marketing herb, spice, and cannabinoid smokables and rolling paper. Hempacco owns The Real Stuff™ functional hemp cigarette and rolling paper brand.
Hempacco's operational segments include:
Learn more at www.hempaccoinc.com
Order products at www.realstuffsmokables.com
Safe Harbor Statement
This press release contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as "may," "should," "expects," "anticipates," "contemplates," "estimates," "believes," "plans," "projected," "predicts," "potential," or "hopes" or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: (i) potential failure to meet projected development and related targets; (ii) changes in applicable laws or regulations that may impact our products and business; (iii) the effect of the COVID-19 pandemic on the Company and its current or intended markets; and (iv) other risks and uncertainties described herein, as well as those risks and uncertainties discussed from time to time in other reports and other public filings with the Securities and Exchange Commission (the "SEC") by the Company. These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this press release and other statements made from time to time by us or our representatives might not occur.
For investor inquiries, please contact:
Dave Gentry
RedChip Companies Inc.
1-800-RED-CHIP (733-2447)
Or 407-491-4498
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