Hempacco Co., Inc.: Business Overview, Financials & Competitive Analysis
Hempacco Co., Inc. scores 2/10 on the AskCyborg Cyborg Score (Challenged). Early-stage hemp alternative manufacturer with promising partnerships but facing severe regulatory and financial headwinds that threaten viability. The company received a Nasdaq delisting notice due to non-compliance with listing rules, including failure to hold an annual shareholder meeting and file annual and quarterly reports on time. 2023 revenue was.
What is Hempacco Co., Inc.'s industry? Hempacco Co., Inc. (hempaccoinc.com) operates in Hemp and Alternative Tobacco Products Manufacturing. AskCyborg classifies Hempacco Co., Inc. under Hemp and Alternative Tobacco Products Manufacturing in its company registry.
Hempacco manufactures and sells smokable hemp and herb products, offering The Real Stuff hemp smokables and flavored hemp rolling papers. The company leverages proprietary technology with issued and pending patents fo...
Cyborg Score thesis
Early-stage hemp alternative manufacturer with promising partnerships but facing severe regulatory and financial headwinds that...
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Get Current Report FreeHempacco Co., Inc. Overview
Pro stress-test →Hempacco manufactures and sells smokable hemp and herb products, offering The Real Stuff hemp smokables and flavored hemp rolling papers. The company leverages proprietary technology with issued and pending patents for spraying hemp with terpenes and infusing filters with flavors and terpenes to deliver functional herb and hemp smokables products.
Strategic Profile
Pro stress-test →Through world-class partnerships including Hemp Hop (with Rick Ross), a 50/50 joint venture with Cheech and Chong, and relationships with HBI-Raw (the world's leading smoking papers company), Hempacco is positioned for success in disrupting the tobacco market. The company's core business segments include private label manufacturing and sales, intellectual property licensing, and development and sales of in-house brands.
Competitive Landscape
Pro stress-test →The tobacco cigarette industry is nearly a $1 trillion market opportunity. Hempacco competes in the emerging hemp alternative-to-tobacco segment against larger tobacco companies entering the space and smaller hemp competitors. The company's competitive advantage lies in patented formulation technology and celebrity-backed brands, but faces challenges from established players with greater resources.
Industry Context
Hempacco Co., Inc. operates in Hemp and Alternative Tobacco Products Manufacturing.
Key facts
Founded: 2019 · Headquarters: San Diego, California · Revenue: $4.05M (2023) · Market cap: $592K