The newly formed company, Weedsies Vending, will sell Hempacco’s flagship product, The Real Stuff Hemp Smokables, and Hempacco’s celebrity partnership brands, among other products
San Diego, California–(Newsfile Corp. – February 28, 2023) – HempBox Vending, Inc., a wholly owned subsidiary of Hempacco Co, Inc. (NASDAQ: HPCO), today announced the signing of a strategic joint venture agreement with Weedsies Mobile, LLC. The newly formed limited liability company, Weedsies Vending, LLC, is owned fifty percent by each party. The mutual goal is to market and sell hemp cigarettes and wraps, gummies, and other CBD-derived products in wrapped vending machines throughout prime locations in Florida. This new partnership helps further Hempacco’s mission of Disrupting Tobacco’s™ nearly $1 Trillion industry.
Weedsies is an online cannabis marketplace that connects vendors to consumers. Weedsies also has ice cream-style trucks selling hemp, CBD, gummies, tinctures, vapes, and other cannabis products throughout South Florida. Through this new partnership, HempBox Vending will provide Weedsies Vending with fully wrapped Weedsies vending machines and dispensing product boxes with RFID tags. These self-service kiosks will sell Hempacco’s flagship product, The Real Stuff Smokables, and Hempacco’s partnership brands, Rick Ross’s Hemp Hop Smokables and Wraps and Cheech & Chong’s Smokables and Wraps, among other products. Weedsies Mobile will negotiate new distribution and advertising contracts, manage partnerships with new locations, and develop further strategies to expand distribution and increase profit.
HPCO Weedsies Vending JV
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“I always say that ‘high tides raise all boats,’ and so I’m excited for this next stage in Weedsies in this joint venture with Hemppacco to further our mission in bringing the cannabis industry to everyone’s fingertips,” said Henry Calix, CEO of Weedsies.
“I am excited to see Weedsies joining forces with HempBox Vending. This is a force to be reckoned with because the talent and ability Henry Calix brings to the table is complemented by the experience and vision of our CEO, Sandro Piancone,” said Sergio Oliveros, CTO of HempBox Vending. “I am confident we’ll see Weedsies distribution and vending machines everywhere soon.”
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:
- Manufacturing of smokables, hemp rolling paper, and cannabinoid sticks
- Smokable technology development
- The Real Stuff™ brand of functional smokables and rolling paper
- Cheech and Chong Hemp Cigarettes and Hemp Hop Smokables with Rick Ross
- Snoop Dogg Joint Venture of Hemp-Derived Products
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.
Weedsies is the world’s first and only online cannabis marketplace that connects vendors to consumers. Established in 2020, this enterprise has been working towards uniting the Hemp, CBD, and Recreational Cannabis sectors on a single platform. You can now download the Weedsies Mobile app on the Google Play store and the App store for iOS.
For investor inquiries, please contact:
Sandro Piancone, CEO
Investor Relations: [email protected]
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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/156491
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