Hempacco Receives $1M Purchase Orders for 'Dogg lbs' Gummies

Rhea-AI Summary

Hempacco receives $1M purchase orders for 'Dogg lbs' gummies

Positive

• Hempacco secures a $1 million purchase order for 'Dogg lbs' hemp-derived CBD and Delta-9 infused gummies
• Growing demand for Hempacco's innovative products

Negative

• None.

Hempacco's master distributors order two truckloads of 'Dogg lbs' brand gummies valued at over $1 million

San Diego, California--(Newsfile Corp. - August 31, 2023) - Hempacco Co, Inc. (NASDAQ: HPCO) ("Hempacco"), a hemp smokables company Disrupting Tobacco's™ nearly $1 Trillion industry with hemp cigarettes, smoking paper, and alternatives to nicotine tobacco, today announced it received purchase orders of $1 million for their highly sought-after product, 'Dogg lbs' hemp-derived CBD and Delta-9 infused gummies. These purchase orders are part of the new portfolio of products under the name brand 'Dogg lbs' in partnership with Snoop Dogg and are manufactured in San Diego, CA.

The truckloads are going to the deep south and Midwest markets. They are a mix of the two presentations, 20-pack and 5-pack gummies, shipping with point-of-sale displays holding ten gummy pouches per display. The 20-pack gummies sell to the consumer for $29.99, and the 5-pack gummies sell for $9.99. The gummies are made with a custom mold shaped like a small doghouse and come in three flavors: blue raspberry, grape, and lemoncherry.

"We are thrilled to introduce our highly anticipated Snoop Dogg gummy brand, initially launching in two markets," said Sandro Piancone, CEO of Hempacco. "We already dispatched the first truckload and are diligently preparing the second truckload for shipment."

Hempacco Receives $1M Purchase Orders for 'Dogg lbs' Gummies

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This significant accomplishment demonstrates the growing demand for Hempacco's innovative products and solidifies their position as a trusted provider in the market. With their commitment to quality and customer satisfaction, it is no surprise that they have secured such a substantial order.

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:

1. Manufacturing of smokables, hemp rolling paper, and cannabinoid sticks
2. Smokable technology development
3. The Real Stuff™ brand of functional smokables and rolling paper
4. Cheech and Chong Hemp Cigarettes and Hemp Hop Smokables with Rick Ross
5. Snoop Dogg Joint Venture of Hemp-Derived Products

Learn more at www.hempacco.com

For investor inquiries, please contact:

Sandro Piancone, CEO
Investor Relations: ir@hempaccoinc.com
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 "S.E.C.") 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. 

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