SUBSEQUENT EVENTS	3 Months Ended
Mar. 31, 2023
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS	NOTE 14 - SUBSEQUENT EVENTS The Company has evaluated subsequent events through the date of issuance of these financial statements. On April 6, 2023, the Company received a letter notification from the Nasdaq Capital Market (“Nasdaq”) advising of its non-compliance with Nasdaq listing rules because the Company had failed to maintain its stock price at above $1.00 for a period of 30-days. The Nasdaq rules provide for a period of 180 days in which the Company must restore compliance. This period expires on October 3, 2023. On April 20, 2023, the Company received a further letter notification from Nasdaq advising of its non-compliance with Nasdaq listing rules because the Company had failed to file its Annual Report on Form 10-K with the Securities and Exchange Commission by the required due date. The deficiency was cured by the Company by the filing of their annual report on Form 10-K on May 15, 2023. On May 23, 2023, the Company received a letter notification from Nasdaq advising of its non-compliance with Nasdaq listing rules because the Company had failed to file its Quarterly Report on Form 10-Q with the Securities and Exchange Commission by the required due date. Nasdaq requires the Company to submit a detailed plan of action explaining how the Company will remedy this situation and restore compliance. The report must be submitted within 60 days which is July 24, 2023. On June 1, 2023, the Company formed a new Nevada corporation, RD-HPCO, Inc. as the joint venture entity between the Company and Nasir Ghesani, a New York distribution company doing business as “Reliable Distributor”, for the purpose of entering new master distributor agreements whereby all Hempacco smokable products would be placed in New York area convenience stores. On May 7, 2023, the Company entered into a joint venture with Nasir Ghesani with each party owning 50% of the business. Any working capital needs would be provided by the Company. On May 3, 2023, Hempacco paid $300,000 to Curated Nutra, LLC, the 50% partner in Green Star Labs, Inc., (“GSL”) for the purchase of additional manufacturing equipment. This equipment is required to fulfill product orders from our Snoop Dogg JV entity. This equipment will remain the property of Hempacco Inc., until such time that an agreement is reached with Curated Nutra for the transfer of its ownership interest in GSL. The Company’s note payable to Miguel Cambero is in technical default. See Note 8.

SUBSEQUENT EVENTS

3 Months Ended

Mar. 31, 2023

NOTE 14 - SUBSEQUENT EVENTS

The Company has evaluated subsequent events through the date of issuance of these financial statements.

On April 6, 2023, the Company received a letter notification from the Nasdaq Capital Market (“Nasdaq”) advising of its non-compliance with Nasdaq listing rules because the Company had failed to maintain its stock price at above $1.00 for a period of 30-days. The Nasdaq rules provide for a period of 180 days in which the Company must restore compliance. This period expires on October 3, 2023.

On April 20, 2023, the Company received a further letter notification from Nasdaq advising of its non-compliance with Nasdaq listing rules because the Company had failed to file its Annual Report on Form 10-K with the Securities and Exchange Commission by the required due date. The deficiency was cured by the Company by the filing of their annual report on Form 10-K on May 15, 2023.

On May 23, 2023, the Company received a letter notification from Nasdaq advising of its non-compliance with Nasdaq listing rules because the Company had failed to file its Quarterly Report on Form 10-Q with the Securities and Exchange Commission by the required due date. Nasdaq requires the Company to submit a detailed plan of action explaining how the Company will remedy this situation and restore compliance. The report must be submitted within 60 days which is July 24, 2023.

On June 1, 2023, the Company formed a new Nevada corporation, RD-HPCO, Inc. as the joint venture entity between the Company and Nasir Ghesani, a New York distribution company doing business as “Reliable Distributor”, for the purpose of entering new master distributor agreements whereby all Hempacco smokable products would be placed in New York area convenience stores. On May 7, 2023, the Company entered into a joint venture with Nasir Ghesani with each party owning 50% of the business. Any working capital needs would be provided by the Company.

On May 3, 2023, Hempacco paid $300,000 to Curated Nutra, LLC, the 50% partner in Green Star Labs, Inc., (“GSL”) for the purchase of additional manufacturing equipment. This equipment is required to fulfill product orders from our Snoop Dogg JV entity. This equipment will remain the property of Hempacco Inc., until such time that an agreement is reached with Curated Nutra for the transfer of its ownership interest in GSL.

The Company’s note payable to Miguel Cambero is in technical default. See Note 8.