I was driving home on a labor day weekend on a short drive from a restaurant, and apparently I saw something like freon blown out from the compressor at the passenger's side fender while i was making a right turn at an intersection. Next day when I went shopping and I turned on my A/C, all I was getting was warm air blowing with full COLD SET & A/C on HIGH.

What is the problem to this situation..?

 

You lost your refrigerant. Probably blew the compressor seal or maybe a hose. You'll need to find the leak and fix it.