Microcap Hemp Stock Hempacco Climbs 13%
Hempacco Co., Inc. (HPCO) shares are climbing more than 13 percent this week, in an effort to gain from its lows in the third week of September. There were no corporate announcements on the day to influence the stock trend today.
The manufacturer of smokable hemp and herb products in California debuted on the Nasdaq on August 30.
Related: Global Cannabis Market To Hit $47 Billion By 2025: Marijuana Stocks to Watch
Currently, shares are $2.73, up 13.27 percent from the previous close of $2.41 on a volume of 1,488,043.
Why are we watching Hempacco Stock?
- Hempacco is a microcap cannabis hemp stock that could disrupt the legacy tobacco industry.
- The company makes hemp-based cigarettes that contain 0% THC and provides a healthier alternative to tobacco cigarettes.
- Cannabis stocks are oversold and could soar when the U.S. government legalizes cannabis on the federal level.
Microcap Hemp Stock Hempacco Climbs 13%
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