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Thursday, 10/13/2022 5:08:33 PM

Thursday, October 13, 2022 5:08:33 PM

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GPOPlus+ Enters into Master Distribution Agreement with Hempacco
DISTRO+ to utilize its Midwest distribution center to sell Hempacco products in Michigan


October 13, 2022 14:55 ET | Source: GPO PLUS INC.

LAS VEGAS, NEVADA and SAN DIEGO, CALIFORNIA , Oct. 13, 2022 (GLOBE NEWSWIRE) -- GPO Plus, Inc. (OTCQB: GPOX), a publicly traded company of diversified Group Purchasing Organizations (GPOs) using the power of Group Purchasing to save businesses money, today announced they entered into a Master Distribution Agreement with Hempacco Co., Inc. (NASDAQ: HPCO) ("Hempacco"), assigning Michigan as the first territory for DISTRO+, GPOX’s distribution division and GPO for specialty retailers.

Hempacco is a hemp smokables company focused on Disrupting Tobacco's™ nearly $1 trillion industry with hemp cigarettes, smoking paper, and alternatives to nicotine tobacco products. Some of HPCO’s products include Hemp Hop, a partnership with hip-hop icon Rick Ross and Rap Snacks founder and CEO James Lindsay as well as Cheech and Chong licensed products.

“We are very excited to be working with Hempacco and the brands they manufacture including Cheech and Chong and Rick Ross’ Hemp Hop branded products,” said Brett H. Pojunis, CEO of GPOX. Pojunis continued, “iconic brands combined with best in class quality products set Hempacco apart and make for a lasting partnership.”

Sandro Piancone, CEO of HPCO stated, “we are thrilled to work start working with GPOX to begin distributing products through their distribution division, DISTRO+! Piancone continued, “we are also excited to expand Hempacco’s presence in the Midwest and to partner with a company like GPOX to help us penetrate new markets.”

“DISTRO+’s newly launched distribution facility will serve both new and existing Hempacco customers in Michigan, providing local inventory, combined with next level service and support,” said Joseph Jaconi, President of DISTRO+. Jaconi continued, “we are hopeful that Michigan will be the first of many states that DISTRO+ will become Hempacco’s Master Distributor.”

Connect with us on social media to view live video updates, content, and general information about GPOX and its GPOs: https://gpoplus.com/social.

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About Hempacco
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 operational segments include:

Manufacturing of smokables and hemp rolling paper
Smokable technology development
The Real Stuff™ brand of functional smokables and rolling paper
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 DISTRO+
We help retailers save money + simplify purchasing!

DISTRO+ is a Group Purchasing Organization (GPO) + distributor of premium products for the emerging specialty retailer sector and wholesalers. DISTRO+ proudly represents best-in-class brands focusing on nutraceuticals, hemp derived products including flower, prerolls, gummies, sublingual strips and more utilizing the latest compounds and ingredients such as HHC, Farm Bill Compliant Delta 8 and Delta 10, THC-O, THC-P, and Kratom. All of this is backed by a robust technology portal that gives our small and medium sized partners (we call them “Members”) the IT backbone to manage logistics, inventory, payments while shopping from real time product catalogs and inventory. Through the power of Group Purchasing, DISTRO+ offers its network competitive pricing with low MOQs that realize similar discounts as major retailers with large buying power. Visit DISTRO.Plus for more information.

About GPOPlus+ (GPOX)

Headquartered in Las Vegas, Nevada, GPOPlus+ (OTCQB: GPOX) is a publicly traded company of diversified Group Purchasing Organizations (GPOs).

Our Purpose is to save businesses money by activating the power of Group Purchasing and our Mission is to create value for our GPO Members, partners, suppliers, and shareholders.

Our Mantra:
We Aggregate, Negotiate + Share!

Aggregate - We aggregate the purchasing power of our Members.
Negotiate - We leverage buying power to negotiate discounts.
Share - We share the discounts with our Members and save them money.

For more information please visit www.GPOPlus.com. To activate your free GPOX I

https://www.globenewswire.com/news-release/2022/10/13/2534245/0/en/GPOPlus-Enters-into-Master-Distribution-Agreement-with-Hempacco.html

GPOX
GPO PLUS INC.

Business Description
Headquartered in Las Vegas, Nevada, GPO Plus, Inc. (OTC: GPOX) is a fully reporting publicly traded global holding company of industry-specific Group Purchasing Organizations (GPO). The main holdings are HealthGPO, a Group Purchasing Organization for the Healthcare industry, and cbdGPO, a Group Purchasing Organization for the CBD and Hemp industry. In addition, GPOX offers professional services through GPOPRO Services. For more information please visit www.GPOPlus.com. To activate your free GPO Plus IR Account at www.GPOPlus.com/ir.

https://www.otcmarkets.com/stock/GPOX/profile