Hempacco and High Sierra Technologies, Inc. Announce Joint Venture to Manufacture, Market, and Distribute Low Odor Hemp Smokables Based on HSTI’s and Hempacco’s Patented and Patent Pending Technologies


Ryan Allway

November 17th, 2022

News, Top News


Hempacco launches Organipure, Inc., a 50/50 joint venture with HSTI, with the goal of Disrupting Tobacco(TM) by significantly taking the cannabis aroma out of hemp

 

San Diego, California–(Newsfile Corp. – November 17, 2022) – Hempacco Co., Inc. (NASDAQ: HPCO) (“Hempacco” or the “Company”), a hemp smokables company that is Disrupting Tobacco™, a nearly $1 Trillion industry, with hemp cigarettes, smoking paper, and other alternatives to nicotine tobacco, announced today it has entered into a joint venture agreement with High Sierra Technologies, Inc. (“HSTI”) to manufacture, market, and distribute Low Odor Hemp Cigarettes and Smokables based on the patented and patent pending technologies of HSTI as well as the patented and patent pending technologies held by Hempacco.

 

On November 7, 2022, HSTI and Hempacco formed a new Nevada corporation known as Organipure, Inc. (“Organipure”). HSTI and Hempacco each own fifty percent of the equity interests of Organipure. HSTI has developed and patented the technology to produce low-odor cannabis and hemp consumer products. This technology allows one to enjoy the benefits of smoking cannabis and hemp, without the lingering pungent smell associated with smoking cannabis and hemp. HSTI owns the patents and the patents pending for this ground breaking technology.

 

Hempacco also entered into a Hemp Smokables Manufacturing Agreement with Organipure where it will manufacture hemp smokables for Organipure as the exclusive worldwide manufacturer and supplier of hemp smokables to Organipure. Hempacco will now be able to produce hemp cigarettes without the unwanted cannabis aroma. Hempacco can then add aromas using the terpene spraying patented technology held by Hempacco and infuse the filter, using certain other patents held by Hempacco to achieve the goal of Disrupting Tobacco™. Hempacco owns the machinery and has licensed the patents for the application of this ground breaking technology.

 

Hempacco and High Sierra joint venture

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8020/144610_a8003e9c248aaaf6_001full.jpg

“We are extremely enthusiastic and privileged to enter into this joint venture with Hempacco,” stated Dr. Vincent Lombardi, President and CEO of High Sierra Technologies, Inc. “The combination of our patented and patent pending low odor cannabis/hemp technology and Hempacco’s market dominance and manufacturing ability is a perfect marriage and will be a game-changer in the smokable hemp industry,” concluded Mr. Lombardi.

 

“Many people will not smoke hemp cigarettes if they smell like cannabis. One of our priorities was to remove the cannabis odor from our smokables. This new joint venture with High Sierra Technologies is the final step in our equation to Disrupt Tobacco™,” explained Jorge Olson, Co-Founder and CMO of Hempacco. “We will be able to make hemp products in different flavors and aromas, starting by neutralizing the cannabis aroma with this patented and patent pending technology and then adding specific flavorings,” concluded Mr. Olson.

 

“We’ve been collaborating with Mr. Lombardi and High Sierra Technologies for over a year, developing the best technology possible to take the smell out of hemp. Now with this partnership we have solidified our relationship and our go to market strategy to manufacture hemp smokables that do not smell like cannabis,” said Sandro Piancone, Co-Founder and CEO of Hempacco. “I believe the holy grail for hemp smokables is to have an odorless hemp smokable. Think of the possibilities of now being able to smoke hemp products inside a casino and not get asked to leave or lighting up a hemp smokable on your lunch break and not get called by HR because you smell like cannabis,” concluded Mr. Piancone.

 

About Hempacco, Co. Inc.
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

Learn more at www.hempaccoinc.com

Order products at  www.realstuffsmokables.com

 

About High Sierra Technologies, Inc.
HSTI is a company specializing in the development and licensing of patent and patentable technology for use in the creation of substantially odorless and tasteless marijuana and hemp products.

 

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.

For investor inquiries, please contact:

Dave Gentry
RedChip Companies Inc.
1-800-RED-CHIP (733-2447)
Or 407-491-4498
[email protected]

This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.

About Ryan Allway

Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.


Network Partners

Follow Us on Social Media

About CFN Media Group

CFN Enterprises Inc. (OTCQB: CNFN) owns and operates CFN Media Group, the premier agency and financial media network reaching executives, entrepreneurs and consumers worldwide. Through its proprietary content creation, video library, and distribution via www.CannabisFN.com, CFN has built an extensive database of cannabis interest, assisting many of the world’s largest cannabis firms and CBD brands to build awareness and thrive. For more information, please visit www.cfnenterprisesinc.com.

Disclaimer: Matters discussed on this website contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. CFN Media Group, which owns CannabisFN, is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. CFN Media Group, which owns CannabisFN, may from time-to-time have a position in the securities mentioned herein and will increase or decrease such positions without notice. The Information contains forward-looking statements, i.e. statements or discussions that constitute predictions, expectations, beliefs, plans, estimates, or projections as indicated by such words as "expects", "will", "anticipates", and "estimates"; therefore, you should proceed with extreme caution in relying upon such statements and conduct a full investigation of the Information and the Profiled Issuer as well as any such forward-looking statements. Any forward looking statements we make in the Information are limited to the time period in which they are made, and we do not undertake to update forward looking statements that may change at any time; The Information is presented only as a brief "snapshot" of the Profiled Issuer and should only be used, at most, and if at all, as a starting point for you to conduct a thorough investigation of the Profiled Issuer and its securities and to consult your financial, legal or other adviser(s) and avail yourself of the filings and information that may be accessed at www.sec.gov, www.pinksheets.com, www.otcmarkets.com or other electronic sources, including: (a) reviewing SEC periodic reports (Forms 10-Q and 10-K), reports of material events (Form 8-K), insider reports (Forms 3, 4, 5 and Schedule 13D); (b) reviewing Information and Disclosure Statements and unaudited financial reports filed with the Pink Sheets or www.otcmarkets.com; (c) obtaining and reviewing publicly available information contained in commonlyknown search engines such as Google; and (d) consulting investment guides at www.sec.gov and www.finra.com. You should always be cognizant that the Profiled Issuers may not be current in their reporting obligations with the SEC and OTCMarkets and/or have negative signs at www.otcmarkets.com (See section below titled "Risks Related to the Profiled Issuers, which provides additional information pertaining thereto). For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. CFN Media Group, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity-based compensation in the companies it writes about, or a combination of the two. For full disclosure, please visit: https://www.cannabisfn.com/legal-disclaimer/. A short time after we acquire the securities of the foregoing company, we may publish the (favorable) information about the issuer referenced above advising others, including you, to purchase; and while doing so, we may sell the securities we acquired. In addition, a third-party shareholder compensating us may sell his or her shares of the issuer while we are publishing favorable information about the issuer. Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. CFN Media Group, which owns CannabisFN, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. CFN Media Group, which owns CannabisFN, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. CFN Media Group, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two. For full disclosure please visit: https://www.cannabisfn.com/legal-disclaimer/.

Copyright © Accelerize Inc. · All Rights Reserved · Privacy Policy · Legal Disclaimer

loading