About Hempacco
Hempacco is a publicly listed company based in San Diego (United States) founded in 2019 by Jorge Olson and Sandro Piancone. Filtered hemp smokable products are manufactured to disrupt tobacco. It operates in the Financial Services and Consumer sectors. Its chief executive, as recorded, is Sandro Piancone. Hempacco offers products and services including CBD Hemp Cigarettes and Vending Machine Kiosks. Its focus areas include Retail, Cannabis Brands and Retailers, Brands and Application Specific. Its legal entity is HEMPACCO CO., INC. Its competitors include Fidelity Investments, Morgan Stanley and Guggenheim Partners; 2 of its 3 listed competitors have raised funding.
Company details
Hempacco was founded in 2019 in San Diego, United States, within the hemp and tobacco sectors. Operations focus on producing CBD hemp cigarettes and holding intellectual property for infusing herbal smoking blends into cannabis products. Partnerships and joint ventures are pursued, including collaborations with figures like Snoop Dogg to develop consumer goods lines in the hemp industry.
- Headquarters San Diego, United States
- Founders Jorge Olson, Sandro Piancone
- Stage Public
- SectorsFinancial ServicesConsumer
- Website hempacco.com
- Social LinkedIn X Facebook Instagram
- Legal Name Hempacco Co Inc
- Annual Revenue$4.05 M (USD)1.97as on Dec 31, 2023
- Net Profit-$13.13 M (USD)-87.41as on Dec 31, 2023
- EBITDA-$8.41 M (USD)-59.78as on Dec 31, 2023
- Latest Funding Round$490.4K (USD), Post-IPO
Mar 2024
Products & Services of Hempacco
Hempacco offers a comprehensive portfolio of products and services, including CBD Hemp Cigarettes and Vending Machine Kiosks.
CBD-infused cigarettes as substitutes for traditional tobacco
Automated kiosks for dispensing hemp products conveniently
Funding Insights of Hempacco
- Total Rounds 2
- Last Round Post-IPO — $490,400
- First Round $1.95M
(Oct 2023)
All 2 funding rounds of Hempacco with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2024 | $490,400 | Post-IPO | – | – | – |
| Oct 2023 | $1.95M | Post-IPO | – | – | – |
People of Hempacco
2 people are tracked at Hempacco (2 in leadership).
| Name | Role | Group |
|---|---|---|
Jorge Olson | Co-Founder | Leadership |
Sandro Piancone | Founder & CEO | Leadership |
Complete people profiles for Hempacco
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IPO & Listings of Hempacco
Hempacco is a publicly listed company on the OTC with ticker symbol HPCO in USA, operating in the Consumer non-durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date30 Aug 2022
- Listed onNASDAQ: HPCO
- Listed entityHEMPACCO CO INC
- Exchange sectorConsumer non-durables
- ISINUS42371L2051
- Share price$0.00 · 2026-10-05
- Market capitalisation$1,184.50
- Volume (last session)500
Financials of Hempacco
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2023 | $4.0M | -$13.1M | -$8.4M |
| 2022 | $4.0M | -$7.0M | -$5.3M |
| 2021 | $1.2M | -$1.9M | -$1.6M |
Detailed financial statements for Hempacco
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Hempacco
4 dated milestones of Hempacco across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Hempacco is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $1.9M.
- Funding Latest funding round, Post-IPO, of $490K.
Competitors of Hempacco
Hempacco has 3 listed competitors in our database, 2 of them funded. They include Fidelity Investments, Morgan Stanley and Guggenheim Partners.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fidelity.com | 1946 | Boston, United States | $517.99M | 24,000 | Provider of brokerage accounts, retirement planning, wealth management, and trading platforms | |
| morganstanley.com | 1935 | New York, United States | 49 | Wealth management, investment advisory, and financial services are provided. | ||
| guggenheimpartners.com | 1999 | New York, United States | $21M | 2,043 | Asset management and investment advisory services are provided to clients. |
Detailed competitors of Hempacco
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Top companies in Asset Management
3 companies that operate in the same segment as Hempacco (Asset Management) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of brokerage accounts, retirement planning, wealth management, and trading platforms | 1946 | Boston, Massachusetts, United States | USD 517.99 M | |||
Investment banking services are delivered across multiple financial sectors. | 1869 | New York, New York, United States | USD 126.21 B | 46,500 | ||
Mutual life insurance company | 1851 | Springfield, United States | 10,466 |
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Related news about Hempacco
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Frequently Asked Questions about Hempacco
Hempacco was founded in 2019 and raised its 1st funding round 4 years after it was founded.
Hempacco is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
Sandro Piancone is the CEO of Hempacco, as recorded in our data. They have also founded this company.
Annual revenue of Hempacco is $4.05M as on Dec 31, 2023.
Hempacco was founded in 2019 in San Diego, United States, within the hemp and tobacco sectors. Operations focus on producing CBD hemp cigarettes and holding intellectual property for infusing herbal smoking blends into cannabis products. Partnerships and joint ventures are pursued, including collaborations with figures like Snoop Dogg to develop consumer goods lines in the hemp industry.
Hempacco's top competitors include Fidelity Investments, Guggenheim Partners and Morgan Stanley.
Hempacco offers CBD Hemp Cigarettes and Vending Machine Kiosks.
Yes, Hempacco is publicly traded on OTC under the ticker symbol HPCO.
Hempacco operates through Hempacco Co., Inc..