Global Hemp Group Inc (GBHPF)

[GoodBudz]

You would think the recent RS would have been justified by some bold actions by the company.

NOPE.

It was done to enrich the new “management team” and wipe out retail investors. The new mushroom-centric idiots are not aligned with my values. They are obviously out to take money. After a few years of sitting on this, I’m out!

Dr. Barnhill, dumbass Jr., and the entire management team should lay off the psychedelics. But hey, what do they care? As long as their salaries are paid, right?

And Curt is lost if he thinks teaming up with these knuckle heads was a good move. Bunch of hosers IMHO. Hemp has much more legitimate advocates that will hopefully move the industry forward. Regardless of my significant losses with these idiots, I still believe in the future of hemp in the USA!!!🇺🇸

[GoodBudz]

Lots of volume today. Some big chunks being bought. I’m glad to see it.

But still a long way from pre-RS PPS or break even for me.

[GoodBudz]

Yes, I confirmed that a couple of weeks ago. We were slaughtered here at GBHPF.

And now my portfolio finally shows it. Looks like I can trade it again, but my shares are worthless☹️ and who in the right mind would want to buy this anymore?

They’ve proven that they can’t be trusted, and all of their loan interest rates have increased exponentially. Toxic debt spiral. I think I calculated that this needs to get to 8 dollars a share for me to break even lol. That’s not gonna happen.

I truly believe in hemp and its future, but investing in Global Hemp Group was a mistake. Oh well lots of financial scams down here in the sewer, can’t trust any of these CEO’s!

[retired early]

Looks like we took a 20 to 1 stock split.

[GoodBudz]

According to iHub, this thing is trading, but I cannot buy or sell shares. I think I understand what’s happening with the company, but this is the first time I’ve experienced it myself. I hate RS’s, and I’ve never seen one benefit shareholders.

All I do know for certain is this is the second lengthy amount of time this year I am not able to trade this ticker. And I just noticed that OTC Markets has GBHPF listed as a shell risk. So much for my optimism with the stellar new management group and relationship with Apollon. If you visit the GBHPF website, it seems like these guys really have their act together. Something smells skunky here, and I don’t think it’s the good stuff😎

[retired early]

Come on Curt, prove to us investors that this is not a scam.

[GoodBudz]

According to my broker I own no shares right now LOL.

RS is real. When is SEC notice not a joke🙁

Renee must be watching that sh!t like a hawk lol not the first ticker I’ve seen him post SEC notice on, thanks bud. At least I got a little bit of Vaseline before this one.

Oh well, fuck ‘em. Not worth threatening a visit, God only knows I don’t need that drama. I don’t “visit” people I swear🤞

[retired early]

Curt is a scum bag. We should take a road trip and pay the guy a visit.

[GoodBudz]

Says takes effect 8/28... SLAP! Thanks for the warning tomorrow will look sh!tty in my portfolio. I was hoping to hang in here and get my share value back.

I broke the rule, I fell in love with their "story" and supposed "mission". But they've shown their cards. They're out to decimate share holders instead of building a hempire.

I know... there's a %.0001 chance it works out for share holders🤣 Man pot stocks can be shady but this seems wrong. Must be too many mushrooms being consumed while they supposedly work. Watch PPS tank here. All 3 of us running for an exit;(

[GoodBudz]

That sucks. OTC company scams me again.

I guess the new management salaries meant they had to take from investors rather than forge a foundation for growth. Jr. must not be a good leader.

[Renee]

GBHPF: effective Sept. 28,2023 a one for 20 reverse split:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

[GoodBudz]

Thanks for the post. Good update.

I know I'd like a $90k bonus if I were the noteholders. Plus this extends the interest rate profit going for them at nearly double the previous rate.

Not too sure what to think about the restructuring. 🤔 My guess, it was necessary. Now with a top heavy management team, it's time to generate revenues. I haven't seen any news if Apollon products are selling yet. Hopefully something happens there.

I'd love an update on the hemp construction products as well. That's why I am here. I'm hoping to see an environmentally friendly shift to hemp based products in that arena. I'd love to see hemp construction materials become more economically appealing than the traditional wood, fiberglass, and plastic materials. Hopefully it's not just a pipe dream of mine ;)

[theSauceman]

I dunno. It may be a good deal while loans are more expensive in these Bitemeonomic times, but it looks like GBHPF has paid 12 points to get a 5% increase on the APR. i.e. new terms are 12 points and 12% APR. To my limited understanding, it seems to be renegotiable in 2024 at "more favorable" terms.
https://www.globalhempgroup.com/sep-19-2023-ghg-successfully-restructures-debt

[retired early]

Up 278.26% a day keeps the Dr. away. :)

[GoodBudz]

2000 shares giveth, then 3000 shares taketh away LOL.

OTC SMH. Not that daily PPS is why I’m here, but it’s funny to see happen.

[theSauceman]

$GBHPF 4 days old news. Slow reaction? Or is something else going on?
https://finance.yahoo.com/news/global-hemp-group-concludes-first-110000150.html

[retired early]

WOW news?

[GoodBudz]

And a 730 share trade today halved it back. I plan to sit on this one, but it may be a while. I do believe we could get some action if the company can show some progress and update everyone.

For me, my hemp stocks are along play. I’m not a flipper. I think there is a bright future for hemp, at least there should be because it’s awesome. Hopefully this company can capitalize on it.

[retired early]

WOW a 15 k share buy brings this to near double. Can you imagine what this stock could do if they accomplished something. :)

[retired early]

Yes me too! :)

[GoodBudz]

This thing seems to be stuck in the mud. No real action from the new management team🤷‍♂️

Boring... I'm in long, but come on!

Barnhill Jr. too busy switching CBEV to SSCC? I'd love to see a little action here and a PR or three explaing the current direction of Global Hemp Group and any new successes.

[GoodBudz]

I don’t know if the recent PPS decline is simply lack of interest, result of the public offering, or an indicator few are investing in hemp/MJ companies right now.

Either way, if this keeps up, I’ll have to double or triple down here. I’m long on hemp investments as I hope it’s a major part of our future. I like the possibility GHG wakes up one day and takes a chunk of hemp’s economic potential.

[GUNSMOKE]

Global Hemp Group Concludes First U.S. Sublicense Related to Its Recently Acquired Exclusive North American License of Apollon Formularies IP
Press Release | 04/28/2023
Vancouver, British Columbia--(Newsfile Corp. - April 28, 2023) - GLOBAL HEMP GROUP INC. (CSE: GHG) (OTC Pink: GBHPF) (FSE: GHG) ("GHG" or the "Company") is pleased to announce that the Company has executed the first North American sublicense for sales and revenue generation in the United States, relating to the recently acquired exclusive license to Apollon Formularies plc's ("Apollon") patents and IP.

Global Hemp Group, Inc. issued a Non-Exclusive Sublicense to Medicinal One, LLC, a Florida corporation, specifically for online eCommerce sales of the Apollon Branded products including both functional mushroom and hemp-based products. This will include Apollon's unique patent protected mushroom/hemp-based combination product line.

Under the terms of the agreement, Medicinal One will pay an in-kind up-front payment that will cover the costs of creating and hosting the eCommerce website, manufacturing the products, promoting the products through various targeted social media ad campaigns, product order fulfilment and direct shipping. In exchange for this non-exclusive sublicense, Medicinal One will pay GHG a 20% gross revenue royalty on all sales monthly. This represents a significant opportunity for GHG to generate revenue in the online eCommerce market throughout the United States where functional mushroom and hemp-based products are legal.

According to Zion Market Research, the global functional mushroom market size was evaluated at $15.3 Billion in 2022 and is slated to hit $23.3 Billion by the end of 2030 with a CAGR of nearly 10.1% between 2023 and 2030…. North America is anticipated to lead the global functional mushroom market growth over the projected timeline due to a surge in the intake of mushrooms as superfoods¹.

The manufacturer that the Company is working with to supply these products has a long history in developing and supplying hemp-based products to the market and has recently expanded into functional mushroom formulations, making them the ideal manufacturer for this project. In addition, the Company has been in discussions with this manufacturer to partner with the Company to manufacture and distribute additional Apollon products not currently covered under this non-exclusive sublicensing agreement.

"We are excited about the opportunity to work with Medicinal One, and we believe that this partnership will be beneficial for both companies," said Stephen Barnhill, Jr, President and CEO of Global Hemp Group, Inc. "This agreement provides GHG with a platform to reach a much wider audience and generate revenue through the online sales of our Apollon branded products. We look forward to working with Medicinal One to maximize the potential of this partnership."

Scott Markowitz, CEO of Medicinal One stated, "We are thrilled to introduce and sell the Apollon functional mushroom and hemp-based products, as well as the functional mushroom/hemp-based combination product line through our online eCommerce platform for sales and shipping throughout the United States where these products are legally allowed. The eCommerce sector has observed a significant rise in popularity as the number of people using mobile phones has increased globally in the last few years simplifying the process of online sales."

The company also wishes to address numerous shareholders inquiries regarding the consolidation of the common shares of the Company and the expiration of the warrants trading on the CSE under the symbol GHG.WT. With respect to share consolidation, GHG has no immediate plans for a share consolidation for the foreseeable future. With respect to the expiry date of the warrants, per the CSE Policy 6.7(3)(a), terms of listed warrants cannot be amended, therefore the expiry date for this group of warrants will remain September 8, 2023.

References:

¹ https://www.zionmarketresearch.com/news/global-functional-mushroom-market

About Global Hemp Group Inc.
Global Hemp Group Inc. (CSE: GHG) (OTC Pink: GBHPF) (FSE: GHG) is focused on developing and promoting hemp-based products that are sustainable, environmentally friendly, and have a positive impact on society. To further support and innovate, GHG has established a R&D Division to actively pursue the development of Intellectual Property that can be patented for implementation at its projects and beyond. The Division is led by Prof. Víctor M. Castaño, Ph.D. whose career has focused in the areas of applied science and technology. The R&D team is initially focused on development of Environmentally Friendly Construction Materials, Nanofertilizers and Enhanced Cannabinoid Extraction from Hemp.

For Further Information Contact Global Hemp Group

Investor Relations

Tel: [phone]

[e-mail]

www.globalhempgroup.com

[GoodBudz]

After the failed Revitalize Earth reverse merger, the halt in trading, and fall of PPS/investor interest here, I'll take an offering at .01. Consolidation at .01 isn't my target, but stabilization at that level and above is welcome IMO.

I'm hoping we get some clear indication of the plan moving forward. I like the team and possibilities this company has set up for success in the hemp industry.

[GUNSMOKE]

Global Hemp Group Announces Brokered Private Placement
Press Release | 04/21/2023
April 21, 2023
OTC Disclosure & News Service

Vancouver, BC, Canada —

This release includes additional documents. Select the link(s) below to view.
2023 Apr 20 - LIFE Offering - Brokered Private Placement.pdf
Vancouver, BC -- (April 20, 2023) -- GLOBAL HEMP GROUP INC. ("GHG" or the "Company") (CSE: GHG / OTC Markets: GBHPF / FRANKFURT: GHG) announces that it will be proceeding with a brokered private placement consisting of the sale of up to 100,000,000 units at $0.01 each (the "Units") for gross proceeds of up to $1,000,000 (the "Offering"). This Offering is being led by EMD Financial Inc., acting as sole bookrunner and replaces the non-brokered private placement announced on March 8, 2023.

Each Unit will consist of one common share (the "Common Shares") and one common share purchase warrant (the "Warrants"). Each Warrant will entitle the holder thereof to acquire an additional Common Share in the capital of the Company at an exercise price of $0.05 for a period of thirty-six (36) months from the date of closing of the private placement.

The proceeds of this private placement will be used for general working capital purposes.

In connection with the Offering, the Company will pay finders fees and issue finder warrants to EMD Financial Inc. as well as any other registrants participating in the Offering consisting of: (i) cash fees of up to 8% of the gross proceeds of the Offering (the Finders Fee); and (ii) finder warrants in an amount equal to up to 8% of the number of Units issued pursuant to the Offering, exercisable at a price of $0.05 per Common Share for a period of twenty-four (24) months following the Closing Date (the Finders Warrants).

The Corporation reserves the right to proceed with multiple closings of the Offering, without any restrictions as to minimum amounts subscribed, on or before May 20, 2023 or such other date not exceeding 45 days from the date hereof as determined by the Company, and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals including the approval of the Canadian Securities Exchange and the securities regulatory authorities.

Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 Prospectus Exemptions (NI 45-106), the Units will be offered for sale to purchasers resident in Canada, and other qualifying jurisdictions pursuant to the listed issuer financing exemption under Part 5A of NI 45-106 (the Listed Issuer Financing Exemption). Because the private placement is being completed pursuant to the Listed Issuer Financing Exemption, the securities issued in the private placement will not be subject to a hold period pursuant to applicable Canadian Securities laws.

There is an offering document related to this offering that can be accessed under GHGs profile at www.sedar.com and at https://www.globalhempgroup.com/. Prospective investors should read this offering document before making an investment decision.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States or any other jurisdiction. No securities may be offered or sold in the United States or in any other jurisdiction in which such offer or sale would be unlawful absent registration under the U.S. Securities Act of 1933, as amended, or an exemption therefrom or qualification under the securities laws of such other jurisdiction or an exemption therefrom.


About Global Hemp Group Inc.

Global Hemp Group Inc. (CSE: GHG / OTC: GBHPF / FRANKFURT: GHG) is focused on developing and promoting hemp-based products that are sustainable, environmentally friendly, and have a positive impact on society. To further support and innovate, GHG has established a R&D Division to actively pursue the development of Intellectual Property that can be patented for implementation at its projects and beyond. The Division is led by Prof. Vctor M. Castao, Ph.D. whose career has focused in the areas of applied science and technology. The R&D team is initially focused on development of Environmentally Friendly Construction Materials, Nanofertilizers and Enhanced Cannabinoid Extraction from Hemp.


Subscribe to the GHG YouTube Channel:

https://www.youtube.com/channel/UCtjFn9dOyHMxJee-_37MTrw

Like us on Facebook: https://www.facebook.com/globalhempgrp

Follow us on Instagram: https://www.instagram.com/hemp_global/

Follow us on Twitter: https://twitter.com/Hemp_Global

Connect with us on LinkedIn: https://www.linkedin.com/company/18596421



For Further Information Contact Global Hemp Group

Investor Relations

Tel: [phone]

[e-mail]

www.globalhempgroup.com

[retired early]

I like the sound of what's to come. :)

[GoodBudz]

As Doc's son was tweeted new CEO today. Hubert sticking around as Director. Not much excitement here on IHub though.

Also more Apollon exclusive licenses for GBHPF recently tweeted. Something could start brewing here. The team is assembled for it IMO. Just need some buzz...

Global Hemp Group Inc. announces that Stephen D. Barnhill Jr. has been appointed interim President & CEO effective immediately. Curt Huber, former President & CEO will continue work as a Director of the Company.

Read in full: https://t.co/zLSkKYp6Zh#CSE #OTC #FRA $GHG $GBHPF pic.twitter.com/KRICi2KCvN

— Global Hemp Group Inc. (@Hemp_Global) March 21, 2023

Global Hemp Group Inc. announces that the Company has now added additional exclusive global licenses for Israel, and the European Union (with extension to Morocco) from Apollon Formularies, plc.

Read the full update: https://t.co/snL1VQgtKI#CSE #OTC #FRA $GHG $GBHPF pic.twitter.com/mbUlpSxEvC

— Global Hemp Group Inc. (@Hemp_Global) March 21, 2023

https://www.globalhempgroup.com/leadership-team

[retired early]

Looks like it's just you and me BUDZ Go GBHPF :)

[GoodBudz]

100 shares at .0012 right out the gates this morning?

I wonder if I can use that trick to average down here.

[GoodBudz]

Lol. Looks like it. No patience or vision I guess.

I'm in this long as I belive in the future of hemp. Hopefully this company finds itself in the forefront.

Also, I prefer a steak dinner to lunch;) I can wait.

[retired early]

We had a $700 sell today. Someone's lunch money for a month. :)

[GoodBudz]

Yes, a good look into Apollon and what they bring to the table. Proprietary and intellectual patents are interesting.

But myself, I'm more excited the IRC is now incorporating Hempcrete in it's 2023 publication. Hemp is the responsible and earth friendly future of building IMO.

We need some volume though. Nobody seems to be watching here. You're the only one buying LOL.

[retired early]

The interview between Curt and Apollo on twitter was exciting for sure. As you can see from the buys this morning, I've been adding. :)

[GoodBudz]

Good stuff. I read a deal with Apollon was being considered. Looks as if they executed it on the 19th. Patents and technology, across Canada, U.S., and Mexico, IMHO patiently waiting here will pay off.

[retired early]

Yeah baby. https://apollon.org.uk/news-and-media/

[retired early]

OK maybe Curt has been doing OK for us. Vancouver, British Columbia--(Newsfile Corp. - January 23, 2023) - GLOBAL HEMP GROUP INC. (CSE: GHG) (OTC Pink: GBHPF) (FSE: GHG) ("GHG" or the "Company") is pleased to announce that further to the Company's announcement of January 11, 2023 regarding the execution of the binding LOI with Apollon Formularies Plc - (AQSE: APOL) ("Apollon"), the Parties have now executed an exclusive licensing agreement (the "License Agreement") dated January 19, 2023 covering the licensing of the right to Apollon's Patent Applications and the Technology for the United States, Canada, and Mexico.
:)

[GoodBudz]

Not that there was lots of volume prior to halting trading... but seems little to no interest here so far in 2023 now that it has resumed. Shenanigans never go over well with trading in the OTC. That Revitalize Earth thing... shenanigans.

Which is fine as this is a longer term play for me. I like having a small amount I can afford to loose in a public hemp company. IMHO the industry will have its day. Hemp is a great commodity and as a contractor, I love the feasibility it replaces several materials currently predominant in construction.

[retired early]

Yes hemp building materials was the game along with the Colorado project. Mexico was also involved in hemp building materials. Let's get the show on the road again.

[GoodBudz]

"GLOBAL HEMP GROUP PROVIDES UPDATE

Vancouver, BC -- (January 4, 2023) -- GLOBAL HEMP GROUP INC. (“GHG” or the “Company”) (CSE: GHG / OTC: GBHPF / FRANKFURT: GHG) Further to the Company’s news announcement of January 3, 2023, the Company wishes to provide the following update.

GHG has been focused on executing a multi-phased strategy in the industrial hemp industry. The current phase of this strategy has focused on the opportunity to develop “sustainable” and “green” value-added industrial hemp products utilizing the processing of the entirety of the hemp plant for multi-merchantable applications, which the Company anticipates being showcased at the Colorado Hemp Agro-Industrial Zone (HAIZ) project.

The R&D Division in Querétaro Mexico continues to be an important component of Company’s business model. The R&D team is currently focused on development of patented technology (“IP") that can be widely marketed.

The group is completing work on two initial patents that it expects to file in the first quarter of the year. The first, a novel building material utilizing hemp fibre that has been chemically modified to increase its mechanical performance and then combined with rice husks, an important agricultural by-product found worldwide, creating a product that could be used as a replacement for Medium-Density Fibreboard (MDF) in construction. As rice husks are not biodegradable, this is an ideal method for utilizing the waste from the rice industry. The second patent is an environmentally friendly procedure to extract CDB and other cannabinoids from hemp utilizing enzymes from natural products. The process has proven to be economical, while leaving no residual chemicals or solvents.

The R&D group is also actively exploring additional academic and economic partnerships to expand its research endeavours relating to hemp and hemp-based products.

In addition, the Company is aggressively pursuing new partnership opportunities with natural biologic drug development companies that are developing therapeutic solutions through full spectrum high THC cannabis, functional and psychedelic mushroom formulations in order to diversify and expand the scope of the Company’s operations. The Company expects to be able to update its shareholders on these endeavours in the very near future.

The CSE has confirmed trading in the shares of GHG will resume on Thursday, January 5, 2022"

...Back in the hemp game. Right where I intended to invest;) I like this update. GBHPF in '23 GLTA.

[GoodBudz]

Revitalize Earth transaction canceled?

Ok, fine. Now back to trading as Global Hemp Group again... back in the hemp game... for now?

When was last Company update and when was transaction canceled? I'm confused by the timeline but whatever I'm just along for the ride.


"2023 News Releases Jan 3 2022 GHG Announces Termination of Revitalize Earth Transaction GLOBAL HEMP GROUP ANNOUNCES TERMINATION OF REVITALIZE EARTH TRANSACTION Vancouver, BC -- (November 10, 2022) -- GLOBAL HEMP GROUP INC. ("GHG" or the "Company") (CSE: GHG / OTC: GBHPF / FRANKFURT: GHG) announces that it has terminated the contemplated transaction with Revitalize Earth (see the Company's announcement of July 12, 2022 for further information on the transaction). GHG will remain halted pending further news from the Company."

[GoodBudz]

So trading again. Hmm interesting.

I need to search if there's an update available. Obviously someone thought it was best to bail out. That 100k plus sold EOD hurt, but I expected worse after the long hold period.

6,000 shares sold at .001? Id snatch up more at that price if i could. This might be worth holding onto.

[GoodBudz]

Looks like Revitalize Earth is in LA. Hmmm right up the street from me. Wonder what they're planning to do once they own GHG outright. I hope the plan is still developing hemp construction materials for the love of our mother earth.

Their website seems pretty hippy-dippy to me and I'm a pot smoker lol. Guess it won't matter what they do since they're private and we will not be trading their stock. Too bad, I liked GHG and being invested in the hemp future.

[retired early]

Without knowing what happens to the investors shares, how could anyone make an approval or rejection vote. :( Revitalize Earth is a private company.

[GoodBudz]

I'm not certain how this all goes down with a reverse merger/takeover.

Reading the last update I can find indicates today's date has some significance. Unless they decide to extend the DD time and closing of the Definitive Agreement and underlying transactions. Perhaps more updates this week?

What does it mean they will close the contemplated listing on the CSE no later than March 31, 2023? Will the company be private and no longer trade on an exchange? I'd love to know more about the details for the shares owned prior to trade halting.

"GLOBAL HEMP GROUP ANNOUNCES UPDATE ON THE REVITALIZE EARTH REVERSE-TAKEOVER TRANSACTION

Vancouver, BC -- (September 21, 2022) -- GLOBAL HEMP GROUP INC. (“GHG” or the “Company”) (CSE: GHG / OTC: GBHPF / FRANKFURT: GHG) Further to the GHG’s news announcements of July 12, 2022 and July 13, 2022, the Company wishes to provide further information on the Revitalize Earth reverse-takeover transaction.

The parties have recently amended their binding Letter of Intent, originally executed on July 8, 2022, to extend the Due Diligence period to October 31, 2022 and to extend the closing of the Definitive Agreement and underlying transactions to October 31, 2022, or any other date that the parties may agree to in writing and in any event, to close the contemplated listing on the CSE no later than March 31, 2023. The parties will endeavor to work to close the listing as expeditiously as possible. In addition to the parties completing their Due Diligence and Definitive Agreement, they are working towards completion of a Listing Statement and Information Circular required for the transaction. Further, as part of the transaction, Revitalize Earth will be completing an audit of their financial statements. The Company will announce each step as it is completed.

In the meantime, trading of GHG Common Shares will remain halted until the Company receives shareholder approval by way of written consent or when the information circular is posted on SEDAR in contemplation of the meeting of shareholders of the Company, whichever route the Company decides to take to that effect."

[retired early]

There was so many updates and then nothing. Shame on you Curt. :(

[GoodBudz]

Maybe Oct 31 we get an update? Only if they decide their ready to? It's been silent for awhile... so many questions to answer.

[retired early]

Anybody up for a road trip to visit Curt Huber? I hope to speak with him to find out what I invested in.

[retired early]

Canada is fairly close .

[retired early]

Yes the company is thrilled, that is CURT is thrilled.

[GoodBudz]

So not trading due to reverse merger with Revitalize Earth?

I am a little concerned about my position here but, it's the OTC so nothing shocks me.

Maybe this works out for GBHPF shareholders?