Sunday, November 23, 2014 12:06:57 PM
Surrey, British Columbia – May 28, 2014 – GLOBAL HEMP GROUP INC. (“GHG” or the “Company”) (OTC:GBHPF/CSE:GHG/FF:GHG) today announced an agreement to acquire part ownership of start-up food brand HempNatura(R), beginning the development of a full portfolio of hemp-related brands and services for GHG.
Under the contract, Global Hemp Group will purchase 20 percent of the HempNatura brand for $250,000 USD, subject to certain financial conditions, and bring it into the GHG family of companies. HempNatura, Inc. produces and markets a range of branded hemp-based foods, supplements, and body care products, capitalizing on the array of benefits hemp has to offer.
“We are passionate about providing hemp for nutrition, health, and wellness,” said Jim Saunders, founder of HempNatura. “Our relationship with GHG will help us develop functional foods, and also introduce value-added raw materials to the larger food industry.”
http://globalhempgroup.com/global-hemp-group-inc-announces-acquisition-contract-with-food-brand-hempnatura/
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