Hempacco (HPCO) Penny Stock Shoots To Moon 🌝

Hempacco Co., Inc. (NASDAQ:HPCO)

Hempacco Co., Inc. (NASDAQ:HPCO) is a San Diego, California-based company that is involved in manufacturing cannabidiol (CBD) and cannabigerol (CBG) functional hemp cigarettes.

The company is looking to disrupt the $1 trillion tobacco industry through its offering that is considered a healthier alternative tobacco-based cigarettes. Hempacco Co., Inc. (NASDAQ:HPCO) became public on August 30 through an initial public offering (IPO) of $6 million. The company sold one million shares at an IPO price of $6. During the first trading session, Hempacco Co., Inc. (NASDAQ:HPCO) stock price rocketed to an all-time high of $41.80 before closing at $7.78. This still reflected a 30% rise from the IPO price.

It should be noted that 18 states in the US have completely legalized the use of cannabis for personal reasons, and 37 states have made it legal for medical use. Furthermore, the US Senate has put forward a bill to legalize cannabis at the Federal level. If the bill gets approved by the Senate, then US President Joe Biden would have the option to make it into law. These developments would play in favor of Hempacco Co., Inc. (NASDAQ:HPCO).

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Comments

zinglee
2022-09-16
zinglee
added more HPCO at 3.19 here in AH. bounce to $4+target.
DanZillaXD
2022-09-20
DanZillaXD
Not sure if it would bring in alot of profit for me. Any reasons for me to invest in them? If so can you explain in further details on why?
- PrimRose:
  Ya
cheerzy
2022-09-16
cheerzy
Last of the sellers getting out from HPCO, pop time coming. Some going to regret selling at the bottom lol.
GerryLoh
2022-09-20
GerryLoh
good sharing thanks
- BurLInG:
  Ya
vippy
2022-09-16
vippy
HPCO will do a 50%+ move possible 100%
summerlad
2022-09-21
summerlad
penny is a no no