Hempacco Inc, a smokable hemp and herb products manufacturer, has filed Form S-1 Registration Statement on March 24, 2022 with the U.S. Securities and Exchange Commission to raise up to $17 million IPO. Pricing terms are yet to announce.
The company focused on Disrupting Tobacco™ by manufacturing and selling nicotine-free and tobacco-free alternatives to traditional cigarettes. They utilize a proprietary, patented spraying technology for terpene infusion and patent-pending flavored filter infusion technology to manufacture hemp- and herb-based smokable alternatives.
The San Diego, California-based company was founded in 2019 and booked $1 million in revenue for the 12 months ended December 31, 2021. It plans to list on the Nasdaq under the symbol “HPCO.” Boustead Securities is the underwriter of the IPO.
The company engages Brunson Chandler & Jones, PLLC as US Securities Counsel, and dbbmckennon as Independent Auditor.
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