Accel Media International, LLC and Hempbox Vending, Inc. Announce Joint-Venture Agreement
April 19 2023 - 09:45AM
GlobeNewswire Inc.
Accel Media International, LLC (AMI) and Hempbox Vending, Inc.
(HBV) announce a Joint-Venture (JV) agreement, forming a Nevada
entity. The JV company has the exclusive rights to sell advertising
on HBV’s kiosk screens, and AMI shall sell advertising.
Hempacco Co, Inc. (NASDAQ: HPCO) ($HPCO), the
parent Company of Hempbox Vending, Inc. - its subsidiary, owns 600
retail kiosks where HPCP deploys its brand of hemp cigarettes, The
Real Stuff™, and its partners’ white-label products.
Accel Media International, LLC is an advertising
company creating and distributes digital ads through billboards and
other streaming outlets.
The JV company will advertise content throughout
HBV’s national network of kiosks, and AMI will provide ad sales and
create advertising media.
Advertising out-of-home is a growing segment, with
many industries looking to expand advertisements outside legacy TV
platforms. Now, using the Hempbox Vending’s kiosks with an
established and growing presence, the JV can offer another
excellent opportunity to expand clients’ advertisement reaches. AMI
is known for creating effective advertising campaigns which will
stream on the kiosks. Kiosks sales traffic gives advertisers a
consumer interest with predictable consumer spending and product
demographics.
President and CEO of Accel Media International,
LLC., Vince Caruso, states,” I’m excited for the jointly owned JV
Company with HBV. The opportunity to expand advertisement outlets
into kiosk locations is an excellent way for ads to be displayed.
Industry advertisers are constantly looking for new ways to promote
products and brands. I believe kiosks streaming ads can enhance
advertisers’ promotions of products and services.”
Sandro Piancone, CEO of Hempbox Vending, Inc.
states, “Hempbox is a unique vending kiosk that sells hemp
cigarettes, CDB, nutraceuticals, and other products. Kiosks located
throughout the USA have daily sales volume. The JV company looks to
add an extra level of a user’s excitement beyond just a purchase.
Buyers now can see AMI’s greatly produced content of a client’s ads
streaming on the kiosks. Customer foot traffic and vending sales
can give an advertiser a unique customer base to stream ads.”
The JV company is 50% owned by Hempbox Vending,
Inc. and Accel Media International, LLC.
About HempBox Vending, Inc.:
HempBox Vending, Inc., a subsidiary of Hempacco
Co, Inc. (NASDAQ: HPCO), offers a kiosk solution for smart vending
technology to sell quickly moving consumer goods, including but not
limited to nutraceuticals, CBD, hemp, herb, and spice smokables -
https://hempboxvending.com/. About Accel Media
International, LLC.:
Accel Media International company was formed in
October 2019 to provide Out-Of-Home packages that include subway
digital, street level, massive static, and digital billboards. AMI
operates placements in six markets and packages in addition to
long-form broadcast interviews with assorted partners nationwide,
including the New to The Street business show.
Forward-Looking Statements
Disclaimer:
This press release contains forward-looking
statements within Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934. In
some cases, you can identify forward-looking statements by the
following words: "anticipate," "believe," "continue," "could,"
"estimate," "expect," "intend," "may," "ongoing," "plan,"
"potential," "predict," "project," "should," "will," "would," or
the negative of these terms or other comparable terminology.
However, not all forward-looking statements contain these words.
Forward-looking statements do not guarantee future performance or
results and will not necessarily be accurate indications of the
times at which such performance or results are achieved. This press
release should be considered in all filings of the Companies
contained in the Edgar Archives of the Securities and Exchange
Commission at www.sec.gov.
Contact Data: Monica Brennan
Accel Media International 631-682-8499
Sandro Piancone Hempbox Vending, Inc.
https://hempboxvending.com/contact-us/ (619) 779-0715
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