HempBoxVend & Displays will sell advertising on HempBox's digital screens
San Diego, California--(Newsfile Corp. - April 20, 2023) - HempBox Vending, Inc., a wholly owned subsidiary of Hempacco Co, Inc. (NASDAQ: HPCO), today announced the signing of a joint venture agreement with Accel Media International, LLC. (AMI) one of the most prominent outdoor advertising companies in the USA. The soon-to-be-formed Nevada limited liability company, HempBoxVend & Displays, will be owned fifty percent by each party. The new joint venture company will advertise content throughout HempBox Vending's national network of kiosks, and AMI will provide ad sales and create advertising media.
AMI owns and brokers rights to an impressive 391,000 displays across America and Canada. AMI provides a range of advertising options, from billboard and interstate logos to transit and airport formats, helping local businesses and national brands extend their reach to diverse audiences daily. AMI offers more than just traditional out-of-home advertising solutions. It boasts of having the most significant digital billboard network in the United States, with approximately 4,400 displays.
Hempacco owns 600 smart vending kiosks that sell CBD and hemp consumer goods, skincare, and nutraceutical products. They have a large digital flat screen that acts as an advertising platform. It also serves as a unique piece of point-of-sale material inside a store, helping advertise Hempacco's private brands, selling advertising to others, and educating the consumer on how to use products. Advertising is one of the pillars of the HempBox Vending business model, so this joint venture makes perfect sense. Advertisers are always looking to promote their products innovatively. This partnership offers an excellent opportunity to expand clients' advertisement choices.
President and CEO of Accel Media International, LLC., Vince Caruso, states, "I'm excited for the jointly owned JV company with HempBox Vending. The opportunity to expand advertisement outlets into kiosk locations is an excellent way for ads to be displayed. Industry advertisers are constantly looking for new ways to promote products and brands. I believe kiosks streaming ads can enhance advertisers' promotions of products and services."
"We are fired up to partner with Accel Media. We value their experience and know-how dealing with advertising on billboards all over the USA and especially in Times Square," said Sandro Piancone, CEO of Hempacco. "It is an opportune time to partner with Accel Media as we roll out our HempBox Vending kiosks nationwide."
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 operating segments include:
Learn more at www.hempacco.com.
Order products at www.realstuffsmokables.com.
About HempBox Vending
HempBox Vending offers a kiosk solution for smart vending technology to sell quickly moving consumer goods, including but not limited to nutraceuticals, CBD, hemp, herb, and spice smokables.
Learn more at www.hempboxvending.com
About Accel Media InternationalAccel Media International company was formed in October 2019 to provide Out-Of-Home packages that include subway digital, street level, massive static, and digital billboards. AMI operates placements in six markets and packages in addition to long-form broadcast interviews with assorted partners nationwide, including the New to The Street business show.
For investor inquiries, please contact:
Sandro Piancone, CEO
Investor Relations: This email address is being protected from spambots. You need JavaScript enabled to view it.
619-779-0715
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.
Last Trade: | US$0.62 |
Daily Volume: | 0 |
Market Cap: | US$2.690M |
April 30, 2024 March 26, 2024 March 21, 2024 March 15, 2024 |
Leveraging its vertically-integrated approach from mine to material manufacturing, Graphite One intends to produce high-grade anode material for the lithium-ion electric vehicle battery market and energy storage systems...
CLICK TO LEARN MOREDevvStream provides upfront capital for sustainability projects in exchange for carbon credit rights. Through these rights, the company generates and manages carbon credits by utilizing the most technologically advanced...
CLICK TO LEARN MORECOPYRIGHT ©2022 GREEN STOCK NEWS