Hempacco Co, Inc. HPCO signed an exclusive distribution agreement with Paradise Shop Mexico. Under the terms of the agreement, Paradise will promote, market, and distribute Hempacco's entire portfolio of hemp and CBD products, including The Real Stuff Hemp Smokables, Rick Ross's Hemp Hop Smokables and Wraps, Cheech & Chong Smokables and Wraps, and future Snoop Dogg hemp-derived products.
The agreement will provide Paradise access to Hempacco's extensive hemp-derived products, such as hemp cigarettes, hemp smoking paper, CBD oils, topicals, edibles, skincare, and more. In addition, the two companies have discussed jointly developing new product lines with the Paradise Shop brand.
"It makes sense for us to partner with Paradise Shop Mexico because they are opening the market one franchise at a time and following the laws that are changing their position towards cannabis," stated Sandro Pianconce, CEO of Hempacco. "This agreement marks a major milestone in the growth of Hempacco as it will enable us to expand our reach to this emerging market and neighbor to the south."
Daniel Ortega, VP of Sales at Hempacco, stated: "Expanding the commercialization of our brands has been one of our main objectives, so starting operations in Mexico with our new business partner Paradise Shop Mexico will not only allow us to have an exponential presence in more than 100 stores nationwide but also reach one of the markets with the greatest growth potential in the hemp industry in the medium and long term."
Photo: Benzinga edit with photos by jarmoluk and lindsayfox on Pixabay
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