Global Hemp Group Inc (GBHPF)

[Ryanwoodle]

Adding more here — too cheap!!

[tymerz]

Will all 105M exercise today? Probably not. Will this go down to .05? Probably not. But do Bid where you feel comfortable, I just don't think this goes below .06, only because INTL isn't selling them below .06

[absintheminded90210]

Well this might take a while. Maybe I’ll bid .05

[tymerz]

YES! They exercise at .05 105M of them.

[jackson73]

They may be diluting but that push from 04's to 09 was sweet when connection got around

lets see how it continues to play out if they slow up on dilution

nothing has changed as they have control over w-s-r-c

[retired early]

Hey Big. Did you leave the door open. Seems as though the board is filling with chicken little's. Were they here when it was 250% lower? Would they not trim some excess off to make the holdings free. Dilution ha ha. :)

[absintheminded90210]

Are these just warrants hitting?

[spacevic]

That’s pretty funny ??

[Chivito]

got out with a 5k loss here looks like heavy dilution oh well

[jr525]

Good luck everyone way way to much diluting

[jackson73]

yea lets see him leave and she can go for much more

[Freethem]

Ya man this is the type of diluting that destroys runs

[jr525]

INTL on ask all day with hundreds of thousands???? They diluting?

[jackson73]

Nice thanks for posting that! found it earlier

$GBHPF$

[Chivito]

$GBHP WOW YUUUUUUUUUUGE

[HabibiFresh]

More DD:

$WSRC = $GBHPF since $GBHPF own large number of shares of $WRSC.... Read https://t.co/MkY6qPJOCa pic.twitter.com/vfWS04zVeb

— ItsAllBS (@TheMagicWagon) June 23, 2021

[HabibiFresh]

Mcap should be atleast 40m!

[HabibiFresh]

Some great DD here:

https://twitter.com/AzirStocks/status/1408424161878368265

[ANTI-BAGHOLDER]

Maybe help me understand? Does this company now own WSRC?

[retired early]

Plenty. :) Lots of info available.

[WALL$TREET]

I’m holding both

[ANTI-BAGHOLDER]

WSRC and GBHPF news
https://www.globalhempgroup.com/jun22-21-ghg-closes-strategic-industrial-property-haiz

[spacevic]

What’s going on??!

[HabibiFresh]

Sympathy play to WSRC getting found

[lanemyers]

Added

[StockDetective]

GLOBAL HEMP GROUP CLOSES ON STRATEGIC INDUSTRIAL PROPERTY FOR ITS COLORADO HEMP AGRO-INDUSTRIAL ZONE

https://www.globalhempgroup.com/jun22-21-ghg-closes-strategic-industrial-property-haiz

[retired early]

I believe someone let the cat out of the bag. :( :)

[StockDetective]

Good Morning $GBHPF

[retired early]

Hey Big it's just you and me that will make out with this stock. :)

[retired early]

An important and significant positioning underway to become a leader in the CBD/MJ (New Vegas) Colorado Hemp Agro-Industrial Zone. WOW :)

[retired early]

Building material from crop waste. Water supply locked up. Plywood sheets at $60 + means it's time for Global Hemp Corp to step in and SAVE THE DAY. :)

[retired early]

Keep this one quiet please. Accumulating in progress. :)

[BigNexEnd]

Global Hemp News: Feb. 12, 2021...

GLOBAL HEMP GROUP JOINS THE U.S. HEMP BUILDING ASSOCIATION
Vancouver, BC -- (February 12, 2021) -- GLOBAL HEMP GROUP INC. (“GHG” or the “Company”) (CSE: GHG / OTC: GBHPF / FRANKFURT: GHG) is pleased to announce that it has become a member of the U.S. Hemp Building Association (“USHBA”). As the Company proceeds with the development of its Colorado Hemp Agro-Industrial Zone (“HAIZ”) the ability to access a resource such as the USHBA and other industry professionals will be of great benefit. The Colorado HAIZ will be developed under the banner of Innovative Hemp Technologies (“IHT”). IHT’s core objective; to develop “green” and “affordable” homes in a Planned Unit Development (“PUD”) utilizing hemp-based construction materials to meet historical pent-up demand in the area, which will include development of large scale irrigation and cultivation of industrial hemp, and the manufacture of hemp-based construction products and textiles. This will significantly expand real estate and existing water rights and infrastructure assets, while generating multiple revenue streams for the Company.

The U.S. Hemp Building Association

The mission of the U.S. Hemp Building Association is to support and advocate for hemp building professionals, hemp building projects and hemp building materials in the United States. Through initiatives that focus on forwarding the acceptance of hemp into building codes, creating educational material, and gathering information about current products, buildings utilizing hemp, and supply chain options, they endeavour to provide the industry the tools it needs to flourish. “Together we can change the world”.

With the world filled with concerns over health and environmental issues, hemp building products provide a solution to both. The use of chemicals in our buildings have increased as we try to improve their fire resistance and thermal performance. This has increased the prevalence of Sick Building Syndrome caused by the exposure to these toxins. Hemp materials can replace the use of these chemical laden products and improve the health of people living in them.

The construction industry has one of the largest carbon footprints of any industry. As the world continues to focus on ways to lower their negative impact on the environment, the construction industry will require an overhaul. Hemp building materials trap carbon absorbed by the plant during the growing process into the building sequestering them for the life of the structure. Houses built using locally sourced hemp that are constructed with hempcrete can be carbon negative. The positive impact of using hemp in building materials is clear, and it is our objective to make it commonly understood.

Jacob Waddell, President of the USHBA stated, “The future will demand improvements in our construction practices to create a sustainable industry. Hemp is our opportunity to improve the health of our families and our world by building smarter. Please join the USHBA in making healthy hemp homes a reality.”

To find out more about membership in the USHBA, click on this link USHBA Membership Plans .

The Company would also like to announce that it has entered into a 6 month marketing and consulting contract with North Equities Corp., ("North Equities") of Toronto. North Equities specializes in various social media platforms, to facilitate greater investor engagement and widespread dissemination of the company's news as well as generating accessible content showcasing Global Hemp Group and its initiatives. Through its marketing capabilities on various social media platforms, its intended purpose is to widen the communication outreach while providing up-to-date information about GHG to a much larger audience. As compensation, the Corporation has issued North Equities 1,000,000 Common Shares at a deemed price of $0.07 CDN per Common Share. All Common Shares issued to North Equities have been placed under a 6 month hold period.

[BigNexEnd]

Global Hemp News: Feb. 8, 2021...

GLOBAL HEMP GROUP COMPLETES DEFINITIVE AGREEMENT TO ACQUIRE CONTROL OVER STRATEGIC WATER INFRASTRUCTURE ASSETS IN COLORADO
Vancouver, BC -- (February 8, 2021) -- GLOBAL HEMP GROUP INC. (“GHG” or the “Company”) (CSE: GHG / OTC: GBHPF / FRANKFURT: GHG) is pleased to announce that it has signed the Definitive Agreement with Prescient Strategies Group LLC (“PSG”) to acquire all of its Western Sierra Resource Corporation (OTC: WSRC) (“WSRC”) Preferred A Class Share holdings (“WSRC Prefs”) in a private, third party transaction.

Closing of the transaction is expected to be on or about February 9, 2021 upon fulfillment of certain Conditions Precedent, including:

WSRC restructuring certain unsecured debt prior to the issuance of the GHG Prefs;

GHG providing the necessary initial payments to complete the transaction and other Debt Restructuring (completed).

For complete details of the transaction, please refer to the Company’s news release of January 18, 2021. As soon as practicable, each party shall provide all necessary information and documentation to the Canadian Securities Exchange (the “CSE”).

The resulting acquisition of these WSRC Prefs will give GHG control over WSRC, and specifically its strategic water infrastructure assets that will be an integral part of the Company’s Colorado Hemp-Agro Industrial Zone (“HAIZ”) project. Documented historical valuations of the 4,000 acre feet of water rights and associated infrastructure are based on 2013 and 2015 MAI appraisals and engineering reports, which collectively support a value of US$40,000,000 or higher. GHG has contracted a third party valuation of this initial assessment value to support such appraisal.

field watering.jpg
The Colorado HAIZ will be developed under the banner of Innovative Hemp Technologies (“IHT”). IHT’s core objective; to develop “green” and “affordable” homes in a Planned Unit Development (“PUD”) utilizing hemp-based construction materials to meet historical pent-up demand in the area, which will include development of large scale irrigation and cultivation of industrial hemp, and the manufacture of hemp-based construction products and textiles. This will significantly expand the existing water rights and infrastructure assets while generating multiple revenue streams for the Company.

By utilizing a campus setting like that of the HAIZ, the Company will efficiently implement these vertically integrated functions (water, agriculture, processing, housing). Proven industry professionals have been engaged to work alongside IHT’s management in the areas of agriculture, R&D, manufacturing, and construction to achieve the Company’s objectives.

Execution of the HAIZ project will create substantial shareholder value through the incremental introduction of additional (multiple) revenue streams to meet IHT’s objectives and set GHG on a path to become a leader in sustainable hemp-based “green” construction in the United States. The Colorado “HAIZ” will become a “showcase” project to demonstrate “green” hemp construction products and technologies for third-party offtake and for replication in other suitable U.S. markets.

The project will leverage the existing water rights and infrastructure to turn “dry land” farming acreage into irrigated land with valuable water rights that can subsequently be used to develop “affordable housing” and high-value agricultural crops such as industrial hemp. GHG’s vision is to take the hemp grown onsite and replace as much of the conventional building materials used at the project with sustainable, hemp-based building materials used in the housing development. This project contemplates a 25-year build-out. The luxuries of a long-term project with demonstrably high demand are:

a) economies of scale;

b) opportunity to implement learned efficiencies;

c) opportunity to continually fine-tune product offerings through intimate familiarity with a specific market;

d) access to new markets stemming from other by-products of hemp processing, such as fibre and microfibre.

These elements combined with predictably increasing prices and diminishing competition over the project term are likely to result in improved profitability year-over-year.

[BigNexEnd]

Global Hemp News: Jan. 27, 2021...

Global Hemp Group Announces Cancellation and Issuance of Options
Vancouver, BC -- (January 27, 2021) -- GLOBAL HEMP GROUP INC. (“GHG” or the “Company”) (CSE: GHG / OTC: GBHPF / FRANKFURT: GHG) announces that 2,500,000 previously issued stock options granted to Directors, management and consultants on September 24, 2018 covering 2,500,000 shares have been cancelled. The exercise price of the cancelled stock option agreements was $0.16 per share. The stock options were voluntarily surrendered by the holders for no consideration.

The Company also reported that it has granted new stock options to Directors, management and consultants aggregating 2,500,000 common shares exercisable at a price of $0.06 per share under its stock option plan. The options vest at the date of grant and have a term of five years. None of the options were granted to individuals included in the above cancellation.

The issuance of the options is subject to the CSE approval.

[BigNexEnd]

Global Hemp News: Jan. 25, 2001...

GLOBAL HEMP GROUP ANNOUNCES CONSULTING AGREEMENTS AND ISSUANCE OF OPTIONS AND WARRANTS
Vancouver, BC -- (January 25, 2021) -- GLOBAL HEMP GROUP INC. (“GHG” or the “Company”) (CSE: GHG / OTC: GBHPF / FRANKFURT: GHG) announces that pursuant to its stock option plan, it has granted stock options to purchase up to 5,300,000 common shares of the Company at an exercise price of $0.055 per share. The options have a term of five years expiring January 25, 2026 and shall vest in immediately.

The Company would also like to announce that it has entered into three consulting agreements (the "Consulting Agreements"). The first Consulting Agreement is with Twilight Capital Inc. ("Twilight") with respect to Twilight providing consulting services to support the Company’s business strategy in seeking various sources of funding. The second Consulting Agreement is with Prof. Víctor M. Castaño, Ph.D. with respect to acting as a R&D Advisor to the Company and to head GHG’s Research and Development Division, with the objective of creating Intellectual Property/patented technology that will be utilized at the Company’s projects and widely marketed throughout the United States. The third Consulting Agreement is with Gabriel Gauthier, a master hemp builder and pioneer in hemp construction in North America. Mr. Gauthier will advise on the utilization and application of hemp building materials and hemp construction for the Company's Colorado project

Terms of the consulting agreements, effective January 25, 2021, the Company to issue 3,000,000 warrants exercisable at the current market price, but in no case less than $0.05. These warrants will be exercisable for a period of five years from the date of issue and will vest six months after issuance. On the one year anniversary of the agreement the Company will issue an additional 4,000,000 warrants with an exercise price based on the previous 10 day VWAP, but in no case less than $0.05. The warrants will have a term of 5 years from the date of the one-year anniversary. On the two year anniversary of the agreement the Company will issue an additional 4,000,000 warrants with an exercise price based on the previous 10 day VWAP, but in no case less than $0.05. The warrants will have a term of 5 years from the date of the two year anniversary.

Warrants issued on the one year and two year anniversaries will vest in each year of issuance as follows:

- 50% of the yearly issuance on date of issuance, and

- the remaining 50% of the yearly issuance after 6 months from date of issuance

The Company and the Consultants maintain an arm's length relationship.

The Company will issue 9,000,000 common share purchase warrants (each a "Warrant") to the consultants of the Company. Each Warrant entitles the holder to acquire one common share of the Company at a price of $0.055 for a period of five (5) years from the date of issuance. The Warrants were issued pursuant to the terms of consulting agreements entered into by the Company and each of the consultants and each Warrant was issued at a deemed value of $0.055 per Warrant. All Warrants and underlying shares are subject to a four month hold period from the date of issuance. The issuance of the Warrants is subject to the final approval of the CSE.

[retired early]

WSRC has the water and knows how to grow and extract. Great combo. :)

[BigNexEnd]

Global Hemp News Out Today....

Global Hemp Group Signs Binding Agreement to Acquire Control Over Strategic Water Infrastructure Assets in Colorado

Vancouver, BC -- (January 18, 2021) -- GLOBAL HEMP GROUP INC. (“GHG” or the “Company”) (CSE: GHG / OTC: GBHPF / FRANKFURT: GHG) is pleased to announce that it has signed a binding Letter of Intent with Prescient Strategies Group LLC (“PSG”) to acquire its Western Sierra Resource Corporation (“WSRC”) Preferred A Class Share holdings (“WSRC Prefs”) in a private, third party transaction. The resulting acquisition of these WSRC Prefs will give GHG control over WSRC, and specifically its strategic water infrastructure assets that will be an integral part of the Company’s Colorado Hemp-Agro Industrial Zone project as originally announced on September 16, 2020. The parties have agreed to develop the project through Innovative Hemp Technologies-a wholly owned GHG U.S. subsidiary. The resulting alignment of GHG, WSRC and their respective management teams together under one umbrella will result in a stronger and more focused and efficient entity.

As part of the contemplated transaction, GHG is in the process of commissioning updated appraisals on these water assets. Documented historical valuations of the 4,000 acre feet of water rights and associated infrastructure are based on a 2013 and 2015 MAI appraisal and engineering reports, as well as a water law attorney’s comprehensive summary of various historic water rights appraisals and their relationship with land values dated March 2017. All of which support a value of US$40,000,000 or higher. GHG intends to conduct a third party valuation of this initial assessment value to support such appraisal.

Transaction Details:
Prescient Strategies Group LLC currently holds 19,875,000 Series A WSRC Prefs (with Voting Rights of 100 votes per share). On signing of the Definitive Agreement, which is expected to be concluded on or about January 25, 2021, GHG will acquire 11,006,440 unencumbered WSRC Prefs from PSG for 11,006,400 GHG Preferred B shares (“GHG Prefs”) (the “Initial Issuance”), as more fully outlined below.

An additional 8,868,560 WSRC Prefs have been pledged as collateral to secure US$3,842,269 loans to WSRC (the “Loan”). These encumbered WSRC Prefs will also be acquired by GHG upon the restructuring WSRC’s existing debt (the “ WSRC Debt”) by way of, but not limited to, the consolidation, refinance or extension of the existing WSRC Debt (the “WSRC Debt Restructuring”). Further to the WSRC Debt Restructuring, the WSRC Debt will have a maturity of a minimum of three (3) years, with the objective of replacing existing notes and releasing the WSRC Prefs as collateral.

As part of the contemplated transaction, GHG will issue 10,000,000 common share purchase warrants to PSG (the “GHG Warrants”). The GHG Warrants will be exercisable for a period of five (5) years at a price per GHG Warrants of CAD$0.05 per share.

GHG Pref Details:
The GHG Prefs shall have a par value of US$0.50 per preferred share and a maturity date of ten (10) years following their issuance. The GHG Prefs will be non-voting, will pay an annual dividend of US$0.01 per share, paid in cash or shares at the option of the holder, and will be convertible into two (2) common shares of GHG for every GHG Pref held by each holder thereof.

The GHG Prefs will be secured by the WSRC Prefs. The GHG Prefs are redeemable by GHG at face value plus any accrued and unpaid dividends any time after the refinancing of the WSRC Debt and the term of the WSRC Debt has been extended to a period of at least three (3) years.

Should PSG decide to sell its GHG Prefs in a private third party transaction, GHG will be granted a thirty day Right of First Refusal (the ‘’GHG ROFR’’) to match any bona fide offer by a third-party, before PSG can act on such third-party offer.

Conditions Precedent to signing the Definitive Agreement:
The Parties completing final due diligence on or before January 25, 2021;
WSRC restructuring certain unsecured debt prior to the issuance of the GHG Prefs;
GHG committing to provide the necessary initial payments to complete the transaction and other Debt Restructuring.
Upon completion of the acquisition of all WSRC Prefs, GHG will nominate additional WSRC board members and advisors as required, the whole subject to nomination procedures of WSRC.

Throughout this entire process, GHG will work closely with and provide support to the management of WSRC in order to maximize the value of WSRC’s assets.

As soon as practicable each party shall provide all necessary information and documentation to permit an application to the Canadian Securities Exchange (the “CSE”) for approval of the Transaction, if required.

Curt Huber, President of GHG stated, “This is a project that we have envisioned for a number of years. Sustainable green construction is an important cornerstone of this vision. By aligning all parties under one umbrella and with the water assets serving as a foundation, we will be able to move forward more rapidly and efficiently towards building what we expect will be significant shareholder value”.

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

About Global Hemp Group Inc.
Global Hemp Group Inc. (CSE: GHG / OTC: GBHPF / FRANKFURT: GHG), is focused on a multi-phased strategy to build a strong presence in the industrial hemp industry the United States. The Company is headquartered in Vancouver, British Columbia, with hemp cultivation operations in the state of Oregon. The first phase of this strategy is to develop hemp cultivation for extraction of cannabinoids and the smokable CBG flower market with the objective of creating a near term revenue stream. The second phase of the strategy focuses on the development of value-added industrial hemp products utilizing the processing of the entirety of the hemp plant, as envisioned in the recently announced Colorado Hemp Agro-Industrial Zone (HAIZ) project. Global Hemp’s Research and Development Division headed by Prof. Víctor M. Castaño, Ph.D. Prof. Castaño, a recognized leader in several areas of applied science and technology brings an amazing wealth of knowledge and experience in a number of different disciplines. There are three immediate areas of interest that Prof. Castaño and his team will actively be focused on to develop Intellectual Property that can be patented and implemented in the hemp and/or building industry, and in particular at Company’s newly announced Colorado Hemp Agro-Industrial Zone.


For Further Information Contact Global Hemp Group
Tel: [phone]
[e-mail]
https://globalhempgroup.com

[retired early]

It's on the move so news is coming. :)

[retired early]

20 CENTS SOON Global Hemp Group has established an Exclusive Strategic Partnership to create a Sustainable Economic Zone in northwest Colorado with Western Sierra Resource Corporation. The Economic Zone will be vertically integrated, will create significant real estate asset growth with valuable water rights and generate multiple revenue streams from key operating segments. :)

[retired early]

Shucks I missed low today. Next time. :)

[retired early]

Nice move and begin entry. :)

Western Sierra Resource Corporation Has Signed an Exclusive Strategic Partnership With Global Hemp Group, Inc.

STEAMBOAT SPRINGS, Colo., Sept. 24, 2020 (GLOBE NEWSWIRE) -- WESTERN SIERRA RESOURCE CORPORATION (OTC: WSRC) (“WSRC” or the “Company”) confirms that the Company has executed an Exclusive Strategic Partnership Agreement with Global Hemp Group, Inc. of Vancouver, BC (CSE: GHG/OTC: GBHPF/Frankfurt: GHG) to create a sustainable economic zone in Northwestern Colorado. The Partnership has designed a vertically integrated system beginning with industrial hemp irrigation and cultivation; preliminary processing; manufacture of hemp-based (“green”) construction products; and fabrication of affordable homes utilizing those products all from a central campus and adjacent to the hemp farm and known as a Hemp Agro-Industrial Zone (HAIZ).

[BigNexEnd]

$GBHPF Is Showing A Pulse...NEWS....


Global Hemp Group Forms Exclusive Strategic Partnership to Create a Sustainable Economic Zone in Northwest Colorado
Vancouver, BC -- (September 16, 2020) -- GLOBAL HEMP GROUP INC. (“GHG” or the “Company”) (CSE: GHG / OTC: GBHPF / FRANKFURT: GHG) is pleased to announce that the Company has entered into agreement to form an Exclusive Strategic Partnership to create a Sustainable Economic Zone in northwest Colorado with Western Sierra Resource Corporation (“WSRC”) (OTC: WSRC). The Economic Zone will be vertically integrated and will generate multiple revenue streams for this 50/50 Partnership.

The Partnership will benefit from WSRC’s extensive existing water infrastructure, that has been diligently developed over the last 15 years and currently valued at over US$40mil. The availability of these water resources is a key resource in developing this project and creating multiple revenue streams from its three operational segments – hemp cultivation, processing and sustainable construction.

The Partnership will also seek to grow through a series of acquisitions and accumulate long term real estate assets and look to further enhance their value through the expansion of water infrastructure. Significant job creation will be an addition benefit to the region. The project will maximize the beneficial use of the water through all aspects of the Sustainable Economic Zone.

Components of this zone will include; industrial hemp cultivation, primary processing, creation of hemp value-added products produced in a centralized area adjacent to the farming areas known as a Hemp Agro-Industrial Zone (HAIZ), and utilization of these value-added products in sustainable construction, with a special emphasis on affordable and environmentally friendly housing.

The hemp cultivation will focus on the production of hurd and fiber, which will be processed into value-added products in the HAIZ. Initially the HAIZ will focus on building materials that will then be used in the construction of affordable housing in Colorado. A by-product of the processing step is hemp fiber, which can be processed into additional value-added products or sold directly to the marketplace as an additional source of revenue.

Through partnerships, joint ventures, and acquisitions, the Strategic Partnership will collaborate to build an industrial complex to fully and judiciously utilize 100% of the hemp plant with a strategic portfolio of forward-thinking companies that also believe in the disruptive potential of industrial hemp. This collaboration will form the basis of the HAIZ.

Curt Huber, President of Global Hemp stated, “Since Global Hemp’s inception, the Company’s vision has always been about sustainability and collaboration, with a focus on the development of the industrial aspects of the hemp. The multiple applications of the hemp plant, notably in the building industry, will become the most significant over time. This project combines all of the Company’s values into one project. We are looking forward to working with the Western Sierra team in the development of this project.”

Final definitive agreements and budgets for the project will be concluded over the next 60 days. The Company’s initial funding commitment over the next 30 days is US$25,000.

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

About Global Hemp Group Inc.
Global Hemp Group Inc. (CSE: GHG) (OTC: GBHPF) (FRANKFURT: GHG), is focused on a multi-phased strategy to build a strong presence in the industrial hemp industry the United States. The Company is headquartered in Vancouver, British Columbia, with hemp cultivation operations in the state of Oregon. The first phase of this strategy is to develop hemp cultivation with the objective of extracting cannabinoids (CBG & CBD) and creating a near term revenue stream that will allow the Company to expand and develop successive phases of the strategy. The second phase of the plan will focus on the development of value-added industrial hemp products utilizing the processing of the whole hemp plant, as envisioned in the Company’s Hemp Agro-Industrial Zone (HAIZ) strategy.
For Further Information Contact Global Hemp Group
Tel: [phone]
[e-mail]
https://globalhempgroup.com


Cautionary Note Regarding Forward Looking Statements
Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of Global Hemp Group Inc., including, but not limited to the impact of general economic conditions, industry conditions, volatility of commodity prices, currency fluctuations, dependence upon regulatory approvals, the availability of future financing and exploration risk, the legality of cannabis and hemp. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. Except as required by law, Global Hemp Group Inc. disclaims any intention and assumes no obligation to update or revise any forward looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward looking statements or otherwise.

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

[theSauceman]

WOW! Up today 13.5% - To a pps LOWER than its running average! ICOLOL

[barnyarddog]

0.0275 https://www.globalhempgroup.com/oregon-1

https://www.otcmarkets.com/stock/GBHPF/news

[Golden Cross]

GBHPF Daily Chart...MACD getting more bullish

[Golden Cross]

News Global Hemp Group - Harvest Underway at its Scio Oregon Hemp Farm
Friday, October 11, 2019 6:30 AM
VANCOUVER, BC / ACCESSWIRE / October 11, 2019 / GLOBAL HEMP GROUP INC. ("GHG" or the "Company") (CSE:GHG)(OTCPK:GBHPF)(FRANKFURT:GHG) is pleased to announce the 2019 harvest at its joint venture CBD hemp farm in Scio, Oregon is underway.

Pre-harvest testing for the Oregon Department of Agriculture on the current hemp crop was recently conducted at the farm. Covered Bridge Acres Ltd. ("CBA"), the JV's operating company has now received the final results of these tests, and just as last year, this year's hemp crop has compliant THC levels. Once CBA received these results, they began a selective harvest of buds concurrently with the general harvest for extraction to be completed over the next two weeks.

Strains chosen for this year's outdoor crop are low in THC and are expected to produce CBD levels near 20%. Similar strains are now being grown in the greenhouses for the fall harvest program.



Greenhouse Operations

The Company is now expanding its growing operations to include year-round production from its greenhouses. The Scio team has now populated the first greenhouse (approx. 3,000 sq ft) for a fall harvest. It is expected that expansion into the adjacent greenhouse, one of similar size, will occur over the next 2 weeks. While the remaining larger greenhouses are presently being utilized for processing the current harvest of the outdoor crop, once complete, cultivation will expand into all of the greenhouses on the farm. Post-harvest, an additional 4,000 sq ft greenhouse will be installed to increase the available indoor growing area. Management is currently evaluating greenhouse expansion plans in order to generate a year-round revenue stream for the Company.

Instagram

Follow the development of the Scio Oregon Hemp Project on Instagram @hemp_global

About Global Hemp Group Inc.

Global Hemp Group Inc. (CSE:GHG) (OTCPK:GBHPF) (FRANKFURT:GHG), is focused on a multi-phased strategy to build a strong presence in the industrial hemp industry in both Canada and the United States. The Company is headquartered in Vancouver, British Columbia, with hemp cultivation operations in Oregon State. The first phase of this strategy is to develop hemp cultivation with the objective of extracting cannabinoids (CBD, CBG, CBN & CBC) and creating a near term revenue stream that will allow the Company to expand and develop successive phases of the strategy. The second phase of the plan will focus on the development of value-added industrial hemp products utilizing the processing of the whole hemp plant, as envisioned in the Company's Hemp Agro-Industrial Zone (HAIZ) strategy.

[Lloyd Cannabinoid]

Big News coming any day. Been awhile. They are due

[Lloyd Cannabinoid]

Quality site, great grow ops, looks like they are doing things the right way. $$$GBHPF$$$ https://www.globalhempgroup.com/

[Lloyd Cannabinoid]

Looks like gbhpf will be trading in the .04 - .05 channel by next week