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they need to just open it now and let it go as it will. It is doing that anyway, but while still private. the orders are piling in on both sides, so cut it off, price it, and let it open. right?
"If it drops to $100, I'm a buyer"
If it drops to $100, there is a major problem, and you would probably NOT want to buy. LOL. It would be a falling knife at that point.
Granted, i don't see it falling to $100, but hey - it's a crypto!
I moved some of mine up from $360 to $400. To hopefully get them if they open higher than $360. And if they open below $400 I still get the open price, not the higher $400 price.
This reminds me of the Ebay IPO. Waited and waited, and then it opened and jumped. Hoping to get some of these at the open, before the jump
the indication keeps going up. A good sign that it has interest and could spike after open.
The reason they pegged the price at $250 before trading started is because that is the price it was privately TRADING at during the first quarter.
man, I'd have loved to buy some privately for $250 a month ago. Should'a thought of that. No, i wouldn't sell today at the open for a quick profit, but hold on. Still, better to get a price of 4250 to hold on at than at today's opening. I think it will be well above that $250 level at opening.
Bitcoin is still rising in investors and price. therefore, this company should continue to rise in revenue and price. Eventually the bubble will burst for bitcoin (Some) and that is when to take profits. Not small profits taken today based on the opening day. Buy and hold.
Now let's see if it opens below $350 as many think. Or if it jumps to $400 for opening and then up from there.
watch the price of Bitcoin and Eth over time. As they rise, and as enthusiasm rises, this company will do more transactions and more revenue equals higher price. When the price of the coins starts to wane, time to sell this stock.
I think regardless of where it opens, if you buy and HOLD for a while, like 6 months, you will be well rewarded.
GHMP up 35% on the open. Acquisition announced today adds 500% revenue to the company. Which already is bringing in money as opposed to many who just have ideas and no revenue.
Watch this one for more acquisitions later in the year and a BOOMing stock price.
Float?? Under 2 million. Yep. Not 20 million. Not 200 million. Under 2 million.
GHMP has GREAT NEWS. Acquisition is done, and revenues will INSTANTLY go up 500% from this existing acquisition. With room to grow for both products. Company still growing, shares price still growing.
Float is less than 2 million total. Outstanding about 23 million. HUGE potential as they continue to expand. Float is LOCKED, so trades VERY thin and with this news should jump AGAIN. As it has done for past two years, going up and up and now over a $1!!
Yep. they finished the acquisition. And as to how big it is? Diamond Creek is about 5 TIMES the size of Good Hemp. So their revenue just went up 500% just like that! Plus the synergy between the two should increase both from here, so my guess (only guess) is that next year we do about 700% as much revenue as last year. NICE.
The shares outstanding is still SUPER low, the float is SUPER low (What? 2 million?? IF that!), and if this thing gets traction, it could be a HUGE winner. It's not a 1/4 of a penny priced stock, but still could see a moon shot type rise pretty easy. WITH revenue and a business, as opposed to those that jump on news with no revenue yet and no product yet. Just hype. Just need a few buyers and we are off to the races. As Bill said - pun intended.
Get some of your buddies to join you and I see this thing going to $3 pretty quickly. It went from $0.60 to $2.33 on ONE market order that was put in when it should have been a limit order. A little over 1 million TOTAL in the float, two new avenues for revenue, one already in many places and generating seven figures alone, and this thing should pop up next time and STAY there. BB needs to take a liking to this one. Maybe too high priced for him, but a real company with real products and real expansion happening right now. Not a 10 bagger, but we all need some solid 200% gainers per year too.
They closed on the Diamond Creek water acquisition. COOL!! Adds to their growing list of products on the market shelfs, and also adds the Diamond Creek sales team to their company.
This will add over $2 million in revenue to the company, plus Diamond Creek has been net profitable. I love that this company keeps growing, and doing it in related fields and not scattered all over the place.
They also do it as they can afford it, without adding craqzy debt to the books. This is a good buy. I expect yet another POP from GHMP on this acquisition news and moreso over time as we continue to grow this company. Good news for us!!
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On April 1, 2021, Good Hemp, Inc., a Nevada corporation (the “Company”), entered into a Membership Interest Purchase Agreement (the “MIPA”) with Kenneth M. Morgan, Blue Water & Rooster, Inc., and Creekside Springs, LLC (collectively the “Sellers”), pursuant to which the Company agreed to purchase (the “Acquisition”) all of the membership interests of Diamond Creek Group, LLC, a North Carolina limited liability company (“Diamond Creek”)
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Good Hemp (GHMP) buys diamond Creek water. Adds to their growing list of products on the market shelfs, and also adds the Diamond Creek sales team to their company.
This will ad over $2 million in revenue to the bottom line, plus Diamond Creek has been net profitable. Expect yet another POP from GHMP on this acquisition. Continues to steadily climb up in price, on low volume and under recognized. Float of only a little over 1 million shares. Total OS of less than 25 million. TIGHT, and tightly held, and ripe for a MASSIVE move.
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On April 1, 2021, Good Hemp, Inc., a Nevada corporation (the “Company”), entered into a Membership Interest Purchase Agreement (the “MIPA”) with Kenneth M. Morgan, Blue Water & Rooster, Inc., and Creekside Springs, LLC (collectively the “Sellers”), pursuant to which the Company agreed to purchase (the “Acquisition”) all of the membership interests of Diamond Creek Group, LLC, a North Carolina limited liability company (“Diamond Creek”)
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"I’ve had a hell of a time trying to turn an LVVV stock certificate into tradable shares. Been rejected by every major brokerage I can find."
Only a few firms wioll do it. Look up firms that deal with Reg 144 sales. They re the ones that will accept those shares. FYI.
That's very nice. Starting to believe this may actually happen soon.
I'm betting it will not. Because of a much larger order that has been sitting in the .0141 range the last three times we have gotten to there. I think that is giving good support. Yes, it could be broken, but it has held up fairly well lately.
I'm long. Just not a hyper. Do yiu curse on every post you put up, or jyst on this stock?
Calm down a little. They extended the buyback for another year. It had already been ongoing for the past year.
Oh, and shares bought from that same buyback over the past year? ZERO. Not one share. Hopefully they will do better this coming year, but its not a huge announcement or win.
"Under its prior normal course issuer bid, the Company did not repurchase any shares as of March 17, 2021. Under this prior normal course issuer bid, which commenced on March 21, 2020 and expires on March 20, 2021, the Company received approval to purchase up to 10,000,000 common shares."
That 40% premium has already disappeared. Proof that it was still a good deal for them. And a good deal for us too. Especially if we bought (like many of us did) at those lower levels back then. Just a few months ago.
Three separate bids now at $.88. That's the first time that has happened. Gaining some support slowly. That's a good sign. Only one ask below $1.10. ALso a good sign.
We still have zero exposure it seems, or we would start screaming up. But at least a few bids are starting to come.
Wish the company would hire an IR firm for all these new expansions they are doing. More than they are showing it to the world right now. We have a gem, and so far we are hiding it from the world. A matter of time, but I'd like that time to be less, not more. HA
Dude ...
"I'd hate to make back all the money I've lost in your company by having to sue for violation of my 2nd amendment rights to free speech."
The 2nd amendment is about guns, not speech. the 1st amendment is about freedom of speech (and other things). But, it is that the GOVERNMENT shall not block you, not a private company. they CAN block you from their site if they wish.
Two bad claims in one sentence. SMH!
Dude ...
"I'd hate to make back all the money I've lost in your company by having to sue for violation of my 2nd amendment rights to free speech."
The 2nd amendment is about guns, not speech. the 1st amendment is about freedom of speech (and other things). But, it is that the GOVERNMENT shall not block you, not a private company. they CAN block you from their site if they wish.
Two bad claims in one sentence. SMH!
They are growing in numerous areas. INto these products now, plus the new water division, plus the existing drinks. They keep growing and doing better all the time.
And yet the stock remains where it is. Which to me shows how it is just not a stock many are following or know about.
And the float and even the outstanding are amazingly small. The entire outstanding shares on this company is under 23 million. With most restricted and held by insiders. There's what? A little over a million in the entire float?
Yep, when it finally takes off, and it WILL take off, it should go VERY fast. Like some others have done before, but WITH revenues and a business plan. And if ANY of those momo players starts a position, just one tweet could move this thing to ... well, I'm not one to say silly highs, but I think this could go to $10 a share with NO problem, with just one player adding shares, or better yet, as the company are discovered by others who so far don't know about it and when they try to buy they see how hard it is to get shares. Talk about being locked??? Yea, no one is going to add a lot of these shares at a price NEAR this level. I don't know WHEN this will all happen, but with the growth and the super SUPER low float, it WILL happen. BOOM.
Glad to be here before the boomage!
Did it pass?
"at its upcoming Annual General and Special Meeting to be held on March 1st, 2021."
Did the reverse split pass the vote?
"The LVVV you know 2 years ago has evolved."
Agreed. That's why I asked here. I've not been following it for a while, and knew someone here would have that answer for me quicker than if I poured through past reports looking for the one that specifically mentioned that sale.
Thank you. I appreciate people that know the answers and are willing to share when someone asks. Thanks again.
Question.
Whatever happened to those two trailers they had at Coachella where they showed us the inside was planted and growing and doing well? Did they get anything out of that? I remember it was huge for the company a few years ago, and was going to generate a lot of profit. Did those plants ever get sold? Die? Anyone know?
Nice day. Again.
Up like 50% in a few weeks, and no one even knows it exists, and we have4 zero posts in the day.
Wait til it catches on. then we REALLY fly.
Perfect! Lolol. And let's hope that 10% grows to 15% by rising prices.
"Yeah most of my portfolio is in S&P 500. I only took 10% to the OTC for much riskier plays."
Yet your ID name is "Iinvestrecklessly"?
that's funny.
First time in over a year I just bought back in. Took out almost 1 million shares under .017.
Now let's see if that was crazy to do. HA!
Good Hemp (GHMP) has entered yet another CBD market. IN addition to a great drink product, already on shelves and selling in stores and online, they are entering the wellness area. the company has 22 million shares outstanding. that's outstanding, not float. The float is more like 1.1 million shares.
It is up 100% last year, and probably will do better than that this year. They recently added a water division, with infused water, and now this. Growing, great revenues, great tight float (Yes, that is still right, only 1.1 million shares out there) and worth looking at.
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CORNELIUS, N.C., Feb. 18, 2021 /PRNewswire/ -- Good Hemp, Inc. (the "Company") (OTC Markets ticker : GHMP), an innovative hemp beverage producer, is pleased to welcome Dr. Jason B. Minsky, DC, as Managing Partner of the company's new partially-owned subsidiary, Good Hemp Wellness, LLC. This announcement comes in conjunction with the company's anticipated launch into the health and wellness market with Good Hemp Wellness Soft Gels. Dr. Minsky not only brings a wealth of experience and knowledge to the Good Hemp organization, but he also has a strong background in franchise and product development. As the Regional Developer for one of the largest healthcare franchises in America, Dr. Minsky managed over 50 clinics along the East coast during his 15 years as a practicing chiropractor. But it was the doctor's background in franchisee and product development that motivated him to help bring a bring this wellness product to clinics across the U.S. With more than 2,500 providers in Dr. Minsky's network, Good Hemp Wellness is prepared to launch its new soft gels to providers within this established sales and distribution chain. "Over the last 15 years, I've been fortunate to work with thousands of physicians across the United States. Along the way, I have helped to introduce new products and services that move healthcare forward for the benefit of physicians and patients. Recently, I have been intrigued by the fast-developing hemp industry and the amazing studies that have been done to conclude that CBD is a viable option to help patients with the debilitating symptoms of common ailments. After starting discussions with Good Hemp, I knew this was the right company to help bring a top-quality CBD option for health care providers and for the benefit of patients.," Dr. Minsky elaborated. >>
Ahead of the curve. Per this article.
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Hemp Producers Battle for Retail Visibility
Hemp-infused beverages have arrived, but brands may be having trouble getting them in front of their audience.
JESSICA MCKEIL
Jessica McKeil is a freelance writer focused on the medical marijuana industry, from production methods to medicinal applications. She personally found relief through cannabis for the treatment of her panic and anxiety disorder. She is lucky…
According to industry insiders, hemp and cannabis beverage producers are no longer challenged by the infusion technology — now the biggest hurdle is finding retail shelf space.
Fortune Business Insights puts the cannabis beverage market at $8.521 million by 2027. The expected explosion of this product segment is thanks to rising consumer demand for non-smokable solutions, continued growth in the CBD market, and investments by several multinational beverage makers.
But as more products launch, where will they end up? Store shelves only have so much space, and competition in the beverage industry is fierce. How can producers get their products on store shelves and in front of their target demographic?
THE IMPORTANCE OF A DISTRIBUTION DEAL
The beverage industry's supply chain is structured much differently from the current model followed within the cannabis sector. Successfully landing new retailers means working within a proven distribution model. A solution for large, established brands is often partnering with a beverage distribution company. These non-cannabis distribution organizations already work with grocery stores, drug stores, convenience stores, and vending machine companies to place beverages. Incorporating hemp beverage brands is a logical evolution of this model.
Good Hemp Inc.,(GHMP) a publicly-traded company and maker of several hemp-infused beverages, recently announced a partnership with one such distributor. As per the August 2020 announcement, beer, spirits, wine, and non-alcoholic beverage distributor Premium Brands of Northwest Arkansas would be moving Good Hemp Fizz and CannaHemp through a network of 900 Arkansas stores.
Securing deals within already-established distribution networks allows beverage brands access to new markets and on a larger scale than what would be otherwise available. A distributor has already established extensive relationships with their retail partners and understands each company’s niche.
What's more, as the Good Hemp Inc. deal with Premium Brands suggests, many beverage distributors are eager to have a cannabis or CBD brand in their lineup. With the expected growth of this niche market, everyone wants a piece of the action. Heath Sutherlin, GM at Premium Brand, stated, "Hemp Infused beverages are a growing category, and we are excited to add a solid brand like Good Hemp Fizz and CannaHemp to our non-alcoholic portfolio."
MATCHING RETAILER AESTHETIC AND CORE DEMOGRAPHICS
Another key consideration for new cannabis beverage brands is matching the brand aesthetic with that of the retailers'. A product best suited to Whole Foods' aisles would likely not fit on the shelves of a 7-Eleven. Beverage brands must complete significant backend research into each retailer to earn the highly competitive shelf space.
A piece by the Financial Post covering the launch of cannabis beverages in Canada poignantly highlights this issue. Following the legalization of cannabis beverages, retailers like The Honey Pot, a Toronto store, confirmed they would only stock a select number of the newly available products. Why? Because their store aesthetic was strictly minimal and clogging it with dozens of new beverage products would jeopardize that unique style.
Seeking out retailers who have similar core demographics and brand feel to that of the beverage is a big first step. Marketing a bargain CBD beverage to an upscale dispensary won't be as effective as targeting that same product within convenience stores and other lower-cost retailers.
Another hemp beverage company, CBD Living, went back to its roots in 2020. Speaking with company COO Sean McDonald, he explained that although CBD Living had spent several years building their network of over 5,000 retailers, with the reduction in retail traffic, they had to shift their focus in 2020.
By aligning their product with the cannabis industry early on, the company earned increased visibility from the essential industry. “We started in dispensaries in California and Colorado initially and then went to other businesses like smoke shops, health food stores, and chiropractors,” he noted. “With some smaller retailers getting shutdown, we definitely saw an uptick in the sales happening in dispensaries.”
McDonald stated, “In 2020, we simply tried to continue the conversation with all the accounts that we built over the last 5-7 years.”
While he admits, like most business owners, their sales focus had to shift with the challenging landscape of a pandemic. Additionally, the company took advantage of 2020 by refining and redesigning their packaging and preparing for new product launches for 2021.
FINDING SPACE ON CROWDED SHELVES
Only a few years ago, cannabis and hemp-infused beverages were novel, unique products. If they did stock drinks, dispensaries and retailers had one or two brands on the shelves. But these days, it's a crowded marketplace with more brands entering all the time.
Even the word "shelf" is a misleading term, as many beverages require refrigeration. Retailer refrigeration space comes at an even higher premium than traditional shelf space. How many dispensaries already have a refrigerator or are willing to invest in one for a new brand? Within convenience, grocery, and drug stores, most refrigeration units are already clogged with big-brand names, making it even more challenging to sneak a new brand inside.
Understanding which brands are already on the shelves, including their price points, the number of SKUs, and target demographic, is a crucial first step. With background research, it is still possible to find space between current SKUs for new brands and new products. Research ensures a good match between brand and retailer in terms of customer base and also finds areas of differentiation from what's already on the shelves.
DISTRIBUTION NETWORKS, DIFFERENTIATE AND FIND SPACE
The retail shelving space issue is likely to continue into the foreseeable future, so cannabis and hemp brands must adapt. For larger, established brands like CBD Living and Good Hemp Inc, the best option is through partnerships with distribution companies. Distributors have already established relationships with retailers and are experts in matching brands.
These distribution channels may not be available for smaller retailers or those focused entirely on THC infusions. Smaller, newly launched cannabis beverage brands will need to dig into each opportunity individually. Investigating the retailer and the current competition will lead to discovering openings. It's a labor-intensive process, but if market expectations turn out, one with substantial payoffs.
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"Hopefully 1 day my boss will stop busting my cohones :)"
By August he will stop Jackpot. By August he will stop.
I got the proxy where we as shareholders have to vote on the reverse. Of course, it will pass, as the company always has their block they vote the way they wish. They worded it well, but it is still the same thing.
"To authorize the board to consolidate the common shares of the company on the basis of one new common share for up to five old common shares."
SO they are calling it a consolidation, like a tidying task, but still it is a reverse.
And I'm not a fan of reverses.
A 1 for 5 reverse split?
That's never good!
Like most stocks ... no one wants yo buy it while it is here, at 0.80. But when it goes to 1 40, there will be 10 people fighting over who gets to buy it there. Like houses in Phoenix. At 65k, no one wanted a model i bought 11 of. Now, 11 years later, I've sold 8 of them, at 270k each and the latest one I sold i had 4 offers in 3 hours. Now everybody wants them. Just the way it is. So here's to $1.40 and a feeding frenzy on this stock, moving it maybe to $2.50, when everybody wants it.
That would be a good start. But with the increased revenue, the new partnership and solid management (A big plus in my books) I'm looking for that to just be the start.
A little story out on us today. Paid one, but at least it's exposure.
https://medium.com/datadriveninvestor/race-to-market-hemp-beverages-target-bigger-audience-with-strategic-positioning-dd7dc306f99d
Race to Market: Hemp Beverages Target Bigger Audience with Strategic Positioning
Kristina Etter
Kristina Etter
Follow
Jan 22 · 6 min read
As prohibition drifts into the past, hemp farmers and producers stand ready for the unprecedented growth forecasted for hemp products in the United States and globally. Unfortunately, several factors continue to impede industry acceleration, including continued FDA ambiguity, lack of consumer education, and limited retail shelf space.
Factor in a deadly disease, an economic downturn, and political chaos, the past year presented challenges for most industries, including hemp. Last year, without question, wasn’t a banner year for shopping, but as we turn the page on a global pandemic, businesses are anxiously anticipating the return of retail traffic.
But, if 2020 was a year to drawback, 2021 is the year to launch forward, at least according to Good Hemp (GHMP), a publicly-traded hemp beverage manufacturer based out of North Carolina. In an interview with CEO and Founder Bill Alessi, we discussed the strategic moves he believes will help slingshot the company into the emerging hemp beverage industry’s pole position.
Gaining Brand Visibility
For the newly emerging hemp market, gaining visibility in mainstream retail outlets has been difficult. Matthew Carr, Chief Trends Strategist at the Oxford Club, mentioned in an email, “I think the biggest issue for hemp beverage companies like New Age Beverage, Charlotte’s Web, and others is a lack of in-store retail traffic.”
Bill Alessi, CEO of Good Hemp, couldn’t agree more and is making a few strategic moves to launch their company forward. Reflecting on the last year, Alessi stated, “We’ve actually managed to expand our footprint, and that’s fairly significant in a COVID landscape.” He continued, “Although sales haven’t exploded during the pandemic, we’ve been focused on getting our ground-game together so we’ll be ready when retail begins to pick up again.”
Image for post
Image provided by Good Hemp
However, using their downtime during the pandemic to bolster their online presence, Good Hemp focused on developing their Amazon store and making changes to their website to improve their direct-to-consumer shopping experiences. “We are positioned in the top results for all the major key terms in our category of hemp beverages,” Alessi said. “Which means, we should be able to satisfy Amazon’s litany of algorithm challenges to gain notability as a reputable and consistent supplier of hemp beverages with good sell-through.”
Furthering their strategy to gain retail exposure includes partnerships and acquisitions that will increase their physical shelf space, resolve production bottlenecks, and increase their advertising budget. And, acquiring one of the most loyal fan bases in the wide world of sports doesn’t hurt either.
NASCAR Revs Up Brand Loyalty
NASCAR is widely known for its loyal fanbase. A survey by Performance Research out of Rhode Island stated, “…where over 1,000 nationwide, random NASCAR fans were interviewed, over one-half (57%) indicated that they had a higher trust in products offered by NASCAR sponsors. In comparison, only 16% of the general public holds a “Higher” trust in Olympic sponsors, and only 5% have a “Higher” trust in sponsors of World Cup Soccer.”
As a businessman, serial entrepreneur, and innovator, Alessi understands that people immediately think of big, household brand names such as Tide, Coca-Cola, FedEx, and others when someone says NASCAR. Wanting to gain visibility in front of this dedicated audience, the company combined forces with Spire Motorsports, a giant in sports and entertainment.
“We did our deal with Spire for two reasons,” Alessi explained. “First for the increased advertising budget they provided as part of the agreement, but moreover, when you think of NASCAR, you think of race fans… die-hard, loyal race fans who are extraordinarily supportive of sponsors.”
As a fringe benefit from working with Spire, Good Hemp also acquired Rise’ Meguiar, former President of Sales at Innovation Ventures, better known for 5-hour ENERGY drinks. As one of the company’s founding members, Meguiar has nearly two decades of experience. Alessi believes, “Her expertise is a big reason why 5-hour went from a start-up to a multibillion-dollar enterprise.”
A Gem of an Opportunity with Diamond Creek
Through the partnership with Spire, another tactical move quickly came to light. Boasting $1.7 million in sales, Diamond Creek is one of the top 20 alkaline water brands in the world, as well as a sponsor for NASCAR Cup Series driver Corey LaJoie.
Image for post
Image provided by Diamond Creek
Immediately recognizing the opportunity, Good Hemp made a play to acquire the company in 2020. With shelf space in nearly 2,000 retail locations, Diamond Creek immediately expands Good Hemp’s retail visibility, but more notably, it brings the opportunity to tap into the goldmine of NASCAR.
In a recent press release regarding the acquisition, Rise’ Meguiar stated, “This is a great strategic acquisition for Good Hemp, and I am extremely excited about the future expansion of our beverages in the retail marketplace. Not only do we plan to leverage our past relationships and sports marketing assets to expand the Diamond Creek brand, but these new relationships will also be critical for the expansion of our hemp-infused beverages as hemp becomes more widely accepted by major retail chains.”
Ken Morgan, CEO of Diamond Creek, expressed excitement about the partnership stating, “Good Hemp has a strong and knowledgeable team in place that gained the company some pretty strategic distribution partners. We believe Diamond Creek will be able to strengthen Good Hemp’s position in the marketplace with our manufacturing, supply chain, and retail partnerships.”
Alessi looks forward to taking advantage of Diamond Creek’s established retail network. Yet, he admits, “Our retail strategy differs from Diamond Creek,” as Good Hemp plans to have internal distribution centers.
Speaking with Chris Chumas, Director at Good Hemp, about their distribution plans, he explained, “Today Good Hemp uses distributors to distribute to our retail locations and after we do production we hold the products at a distribution warehouse. Diamond Creek produces and ships directly to the retailers’ distribution centers (no distributors). By combining the two and leveraging those relationships we can expand both lines.”
Image for post
Image provided by Diamond Creek
Race to the Top
As the hemp industry expands, many products will come and go with market fluctuations. However, companies like Good Hemp that are focused on building a recognizable, trustworthy brand and offering a high-quality, reputable product could surpass the test of time.
About Good Hemp Products -
Good Hemp Fizz and Canna Hemp are functional carbonated beverages infused with natural ingredients and made with hemp seed oil, which is categorized as “GRAS” (under sections 201(s) and 409 of the Federal Food, Drug, and Cosmetic Act, and therefore not subject to FDA review and approval).
Good Hemp 2oh! is a line of naturally flavored waters infused with 10mg of THC-free hemp extract and prebiotic fiber.
Good Hemp beverages can also be purchased from Amazon and at goodhemplivin.com.