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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.
<<
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.
<<
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.
>>
"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.
out
again
Maybe I'm nuts, but I bought back in today. Might buy some more tomorrow if it drops a little more. But still very wary of the fact for way too long the news has not come out, in spite of many dates thrown around as when it would happen. Keeps me from a larger position and from keeping long term. Broke a support though today that I wish it did not.
Lets see what tomorrow brings.
I'm hoping a few people will MRGE into this one at some point. I mean merge. Buy. yeah. Whatever. LOL
GHMP. Up 100% and HIDDEN gem! Only 12 posts for the YEAR. NO one watching yet because of low float. 1 million shares!! Those who get in before the rest of the world find this one will do well.
And those in it already are already up nicely, even with nobody hardly paying attention.
From one year ago. December 2019
" the last few days the bid has been at .31, the ask at.55 "
Today? today December 2020 the bid is at .80 and the ask is at .95.
NICE.
A good year. We didn't have the hype induced rise to ridiculous levels like some stocks did. And yes - they outperformed us because of it. But our solid GROWTH and slow but steady rise in price led to a 100% plus gain in the bid since last year, and almost 100% in the ask as well.
Solid growth. Good company. I'll accept a 100% rise in stock price over the last year.
And I truly expect that much for this next year as well. With REASONS (see their PR on 2021 expectations and programs) that should make it an EXPECTED gain for 2021, not just a hoped for or hyped for one.
GHMP. Good for the portfolio to buy, hold, and profit. Short AND long term.
From one year ago
" the last few days the bid has been at .31, the ask at.55 "
today? today the bid is at .80 and the ask is at .95.
NICE.
A good year. We didn't have the hype induced rise to ridiculous levels like some stocks did. And yes - they outperformed us because of it. But our solid GROWTH and slow but steady rise in price led to a 100% plus gain in the bid since last year, and almost 100% in the ask as well.
Solid growth. Good company. I'll accept a 100% rise in stock price over the last year.
And I truly expect that much for this next year as well. With REASONS (see their PR on 2021 expectations and programs) that should make it an EXPECTED gain for 2021, not just a hoped for or hyped for one.
GHMP. Good for the portfolio to buy, hold, and profit. Short AND long term.
Tide has turned for the day. mark it
back in. had to at these prices.
GHMP!!! Good growth in 2020, and expanded ideas for 2021. Buy out target too, IMO!!
Check out the highlights. Higher sales in 2020, even higher expectations in 2021. Better ability to get product to supply chain as they expand. They are lowering debt and about to be debt free. A stock sale ABOVE the current price, not below like many companies need to do. A more accepting market every year.
Lots of good things. And a float that is SUPER LOW. A few people trying to buy would raise this stock significantly, as shown when ONE market order jumped it up from 80 cents to over $2. It came down again, but as this brand gets some traction I see that and higher in 2021 as almost a certainty. And holding it as they grow.
My #1 pick for 2021, in the category of growth without being just a hype stock that has nothing behind it.
Good Hemp, Inc. (OTC Markets: GHMP), Maker of Good Hemp Fizz, Good Hemp 2oh! and Canna Hemp Beverages, Announces Its 2020 Year-in-Review and 2021 Outlook
Cornelius, NC, Dec. 17, 2020 (GLOBE NEWSWIRE) -- via NewMediaWire --
Year 2020 Recap
Good Hemp Original Product Line Growth -- Good Hemp experienced an increase in new distribution partners and an expanded retail footprint for its core products, Good Hemp Fizz, Good Hemp 2oh and Canna Hemp.
Spire Partnership -- Good Hemp engaged a sports and entertainment marketing partnership with Spire Sports + Entertainment. Despite the worldwide COVID-19 pandemic, the partnership led to increased visibility to Good Hemp products via the creation of the BetterForYourHealth.com educational awareness campaign as well as word of mouth exposure throughout the racing community, which led to retailer introductions leading to an expansion of Good Hemp's distribution footprint as well as the introduction to the current target acquisition, Diamond Creek.
E-Commerce Developments -- Reacting quickly to the rapidly changing retail landscape, Good Hemp developed and optimized online direct-to-consumer shopping options including an Amazon store and refreshed website experience to take advantage of the change in consumer purchasing demands now and in the future.
Diamond Creek Acquisition -- In November, Good Hemp entered a Letter of Intent to acquire Diamond Creek, a top 20 premium water brand in the United States. Available in over 2,000 locations including Harris Teeter, Kroger, Food Lion and Giant Eagle, this acquisition aligns with our continued distribution footprint expansion plans while positioning the company with an easier route to gain shelf space for its CBD-based products as retailers continue to increase the amount of CBD products they offer consumers.
Production -- By leveraging Good Hemp and Diamond Creek's existing manufacturing, shipping and supplier relationships, both business units are beginning to create a more centralized and efficient supply chain to effectively lower operating costs and increase profit margins for its shareholders.
Offering of Shares via S-1 Registration -- Good Hemp completed an S-1 filing that was declared effective by the U.S. Securities and Exchange Commission in November. Ten million shares of common stock are being offered by the company pursuant to the registration statement at $1.25/share.
Third Party Debt -- Through revenue growth and strong fiscal policy, Good Hemp has decreased its third-party debt exposure significantly. Good Hemp plans to extinguish the minimal remaining third-party debt by the end of Q1 2021.
Year 2021 Outlook
Diamond Creek Footprint Expansion -- Based on successful growth in 2020 and current relationships in the retail sector, Good Hemp expects more shelf space at retailers such as Harris Teeter. Also, movement in the retail and grocery industry should increase Good Hemp's total brick and mortar location count via Food Lion's recent acquisition of Bi-Lo and Harvey's Supermarkets. Lastly, Diamond Creek is under review with multiple top 20 retailers nationwide for a 2021 launch.
Good Hemp Wellness -- Good Hemp is preparing to launch a wellness product portfolio that will specialize in hemp and CBD pain and inflammation solutions targeting doctors and medical professionals and their patients. This new business unit is expected to go live in early Q1 2021 and leverage doctors, wellness professionals and hemp experts along with professional athletes and wellness influencers to gain market share quickly and efficiently throughout 2021 and beyond. This new business unit go-forward model has a minimum drawdown with a projected positive ROI within the first 12 months.
Hemp / CBD Market -- Good Hemp expects a potential for exponential growth in the overall hemp and CBD industry due to greater acceptance of hemp products in the marketplace, complemented with an updated regulatory landscape from the federal government. To obtain a copy of Good Hemp's 2021 Hemp industry outlook visit: ghmpinvestorrelations.com.
Spire Sports + Entertainment -- Good Hemp will continue into year two of the partnership with increased marketing and exposure from sports and entertainment assets as the effects of the pandemic are minimized. Spire currently owns a race-winning two-car team competing in the NASCAR Cup Series, as well as the Rapid City Rush and Greenville Swamp Rabbits of the ECHL, and represents Ross Chastain, James Hinchcliffe and Justin Haley at the highest levels of professional motorsports.
About Diamond Creek Water
Diamond Creek manufactures ionized 9.5pH high alkaline natural spring water, sourced from the highest quality, award-winning springs in Ohio, Pennsylvania, and Tennessee. Available in three sizes: 1 gallon, 1 liter and 500 mL bottles, Diamond Creek high alkaline water aids in balancing the body's pH and provides superior hydration due to our state-of-the-art ionization process. Visit www.diamondcreekwater.com for more information.
About Good Hemp Products
Good Hemp 2oh! is a line of naturally flavored waters infused with 10mg of THC-free hemp extract and prebiotic fiber. Available in six flavors and only 20 calories per bottle: Strawberry Kiwi, Blueberry, Coconut Lime, Cucumbermint, Lemon Twist and Mango.
Good Hemp Fizz and Canna Hemp are functional carbonated beverages infused with natural flavors, organic caffeine, prebiotic fiber and hemp seed oil. Unlike other hemp-infused beverages that contain CBD, Fizz and Canna Hemp are 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).
I see in that report good growth in 2020, and expanded ideas for 2021. Buy out target too, IMO!!
Higher sales in 2020, and much higher expectations in 2021. A new product, with the purchase of an existing top 20 water supplier. Better ability to get product to supply chain as they expand. They are lowering debt and about to be debt free. That's great for cash flow and profitability. A stock sale ABOVE the current price, not below like many companies need to do. A more accepting market every year.
Lots of good things. And a float that is SUPER LOW. A few people trying to buy would raise this stock significantly, as shown when ONE market order jumped it up from 80 cents to briefly over $2 and as they gain exposure I see more than just a few people wanting this in 2021. As this brand gets some traction I see that and higher in 2021 as almost a certainty. And holding it as they grow.
My #1 pick for 2021, in the category of growth without being just a hype stock that has nothing behind it.
Good Hemp, Inc. (OTC Markets: GHMP), Maker of Good Hemp Fizz, Good Hemp 2oh! and Canna Hemp Beverages, Announces Its 2020 Year-in-Review and 2021 Outlook
Cornelius, NC, Dec. 17, 2020 (GLOBE NEWSWIRE) -- via NewMediaWire --
Year 2020 Recap
Good Hemp Original Product Line Growth -- Good Hemp experienced an increase in new distribution partners and an expanded retail footprint for its core products, Good Hemp Fizz, Good Hemp 2oh and Canna Hemp.
Spire Partnership -- Good Hemp engaged a sports and entertainment marketing partnership with Spire Sports + Entertainment. Despite the worldwide COVID-19 pandemic, the partnership led to increased visibility to Good Hemp products via the creation of the BetterForYourHealth.com educational awareness campaign as well as word of mouth exposure throughout the racing community, which led to retailer introductions leading to an expansion of Good Hemp's distribution footprint as well as the introduction to the current target acquisition, Diamond Creek.
E-Commerce Developments -- Reacting quickly to the rapidly changing retail landscape, Good Hemp developed and optimized online direct-to-consumer shopping options including an Amazon store and refreshed website experience to take advantage of the change in consumer purchasing demands now and in the future.
Diamond Creek Acquisition -- In November, Good Hemp entered a Letter of Intent to acquire Diamond Creek, a top 20 premium water brand in the United States. Available in over 2,000 locations including Harris Teeter, Kroger, Food Lion and Giant Eagle, this acquisition aligns with our continued distribution footprint expansion plans while positioning the company with an easier route to gain shelf space for its CBD-based products as retailers continue to increase the amount of CBD products they offer consumers.
Production -- By leveraging Good Hemp and Diamond Creek's existing manufacturing, shipping and supplier relationships, both business units are beginning to create a more centralized and efficient supply chain to effectively lower operating costs and increase profit margins for its shareholders.
Offering of Shares via S-1 Registration -- Good Hemp completed an S-1 filing that was declared effective by the U.S. Securities and Exchange Commission in November. Ten million shares of common stock are being offered by the company pursuant to the registration statement at $1.25/share.
Third Party Debt -- Through revenue growth and strong fiscal policy, Good Hemp has decreased its third-party debt exposure significantly. Good Hemp plans to extinguish the minimal remaining third-party debt by the end of Q1 2021.
Year 2021 Outlook
Diamond Creek Footprint Expansion -- Based on successful growth in 2020 and current relationships in the retail sector, Good Hemp expects more shelf space at retailers such as Harris Teeter. Also, movement in the retail and grocery industry should increase Good Hemp's total brick and mortar location count via Food Lion's recent acquisition of Bi-Lo and Harvey's Supermarkets. Lastly, Diamond Creek is under review with multiple top 20 retailers nationwide for a 2021 launch.
Good Hemp Wellness -- Good Hemp is preparing to launch a wellness product portfolio that will specialize in hemp and CBD pain and inflammation solutions targeting doctors and medical professionals and their patients. This new business unit is expected to go live in early Q1 2021 and leverage doctors, wellness professionals and hemp experts along with professional athletes and wellness influencers to gain market share quickly and efficiently throughout 2021 and beyond. This new business unit go-forward model has a minimum drawdown with a projected positive ROI within the first 12 months.
Hemp / CBD Market -- Good Hemp expects a potential for exponential growth in the overall hemp and CBD industry due to greater acceptance of hemp products in the marketplace, complemented with an updated regulatory landscape from the federal government. To obtain a copy of Good Hemp's 2021 Hemp industry outlook visit: ghmpinvestorrelations.com.
Spire Sports + Entertainment -- Good Hemp will continue into year two of the partnership with increased marketing and exposure from sports and entertainment assets as the effects of the pandemic are minimized. Spire currently owns a race-winning two-car team competing in the NASCAR Cup Series, as well as the Rapid City Rush and Greenville Swamp Rabbits of the ECHL, and represents Ross Chastain, James Hinchcliffe and Justin Haley at the highest levels of professional motorsports.
About Diamond Creek Water
Diamond Creek manufactures ionized 9.5pH high alkaline natural spring water, sourced from the highest quality, award-winning springs in Ohio, Pennsylvania, and Tennessee. Available in three sizes: 1 gallon, 1 liter and 500 mL bottles, Diamond Creek high alkaline water aids in balancing the body's pH and provides superior hydration due to our state-of-the-art ionization process. Visit www.diamondcreekwater.com for more information.
About Good Hemp Products
Good Hemp 2oh! is a line of naturally flavored waters infused with 10mg of THC-free hemp extract and prebiotic fiber. Available in six flavors and only 20 calories per bottle: Strawberry Kiwi, Blueberry, Coconut Lime, Cucumbermint, Lemon Twist and Mango.
Good Hemp Fizz and Canna Hemp are functional carbonated beverages infused with natural flavors, organic caffeine, prebiotic fiber and hemp seed oil. Unlike other hemp-infused beverages that contain CBD, Fizz and Canna Hemp are 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).
news for 2020 and 2021
Good Hemp, Inc. (OTC Markets: GHMP), Maker of Good Hemp Fizz, Good Hemp 2oh! and Canna Hemp Beverages, Announces Its 2020 Year-in-Review and 2021 Outlook Cornelius, NC, Dec. 17, 2020 (GLOBE NEWSWIRE) -- via NewMediaWire -- Year 2020 Recap Good Hemp Original Product Line Growth -- Good Hemp experienced an increase in new distribution partners and an expanded retail footprint for its core products, Good Hemp Fizz, Good Hemp 2oh and Canna Hemp. Spire Partnership -- Good Hemp engaged a sports and entertainment marketing partnership with Spire Sports + Entertainment. Despite the worldwide COVID-19 pandemic, the partnership led to increased visibility to Good Hemp products via the creation of the BetterForYourHealth.com educational awareness campaign as well as word of mouth exposure throughout the racing community, which led to retailer introductions leading to an expansion of Good Hemp's distribution footprint as well as the introduction to the current target acquisition, Diamond Creek. E-Commerce Developments -- Reacting quickly to the rapidly changing retail landscape, Good Hemp developed and optimized online direct-to-consumer shopping options including an Amazon store and refreshed website experience to take advantage of the change in consumer purchasing demands now and in the future. Diamond Creek Acquisition -- In November, Good Hemp entered a Letter of Intent to acquire Diamond Creek, a top 20 premium water brand in the United States. Available in over 2,000 locations including Harris Teeter, Kroger, Food Lion and Giant Eagle, this acquisition aligns with our continued distribution footprint expansion plans while positioning the company with an easier route to gain shelf space for its CBD-based products as retailers continue to increase the amount of CBD products they offer consumers. Production -- By leveraging Good Hemp and Diamond Creek's existing manufacturing, shipping and supplier relationships, both business units are beginning to create a more centralized and efficient supply chain to effectively lower operating costs and increase profit margins for its shareholders. Offering of Shares via S-1 Registration -- Good Hemp completed an S-1 filing that was declared effective by the U.S. Securities and Exchange Commission in November. Ten million shares of common stock are being offered by the company pursuant to the registration statement at $1.25/share. Third Party Debt -- Through revenue growth and strong fiscal policy, Good Hemp has decreased its third-party debt exposure significantly. Good Hemp plans to extinguish the minimal remaining third-party debt by the end of Q1 2021. Year 2021 Outlook Diamond Creek Footprint Expansion -- Based on successful growth in 2020 and current relationships in the retail sector, Good Hemp expects more shelf space at retailers such as Harris Teeter. Also, movement in the retail and grocery industry should increase Good Hemp's total brick and mortar location count via Food Lion's recent acquisition of Bi-Lo and Harvey's Supermarkets. Lastly, Diamond Creek is under review with multiple top 20 retailers nationwide for a 2021 launch. Good Hemp Wellness -- Good Hemp is preparing to launch a wellness product portfolio that will specialize in hemp and CBD pain and inflammation solutions targeting doctors and medical professionals and their patients. This new business unit is expected to go live in early Q1 2021 and leverage doctors, wellness professionals and hemp experts along with professional athletes and wellness influencers to gain market share quickly and efficiently throughout 2021 and beyond. This new business unit go-forward model has a minimum drawdown with a projected positive ROI within the first 12 months. Hemp / CBD Market -- Good Hemp expects a potential for exponential growth in the overall hemp and CBD industry due to greater acceptance of hemp products in the marketplace, complemented with an updated regulatory landscape from the federal government. To obtain a copy of Good Hemp's 2021 Hemp industry outlook visit: ghmpinvestorrelations.com. Spire Sports + Entertainment -- Good Hemp will continue into year two of the partnership with increased marketing and exposure from sports and entertainment assets as the effects of the pandemic are minimized. Spire currently owns a race-winning two-car team competing in the NASCAR Cup Series, as well as the Rapid City Rush and Greenville Swamp Rabbits of the ECHL, and represents Ross Chastain, James Hinchcliffe and Justin Haley at the highest levels of professional motorsports. About Diamond Creek Water Diamond Creek manufactures ionized 9.5pH high alkaline natural spring water, sourced from the highest quality, award-winning springs in Ohio, Pennsylvania, and Tennessee. Available in three sizes: 1 gallon, 1 liter and 500 mL bottles, Diamond Creek high alkaline water aids in balancing the body's pH and provides superior hydration due to our state-of-the-art ionization process. Visit www.diamondcreekwater.com for more information. About Good Hemp Products Good Hemp 2oh! is a line of naturally flavored waters infused with 10mg of THC-free hemp extract and prebiotic fiber. Available in six flavors and only 20 calories per bottle: Strawberry Kiwi, Blueberry, Coconut Lime, Cucumbermint, Lemon Twist and Mango. Good Hemp Fizz and Canna Hemp are functional carbonated beverages infused with natural flavors, organic caffeine, prebiotic fiber and hemp seed oil. Unlike other hemp-infused beverages that contain CBD, Fizz and Canna Hemp are 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).
I like that thought!
"“Did you know that Chinese Communist Party owns THE Panama Canal?.....”"
Except they do not. I'll come off the sidelines to respond to this. This is incorrect. Not trying to positive or negative on this stock with this post. Just update an incorrect "fact" that was presented, as I like research and knowledge.
The Panama canal is owned by the Panama Canal Authority. Fashioned after our Port authority. That is owned by the Panama Government. NOT the Chinese CCP.
The Chinese HAVE made inroads lately, but still do not own it.
The main ports in the area of the Panama Canal are:
Manzanillo: Known as MIT (Manzanillo International Terminal), and located on the Atlantic side of the canal. MIT is a North American and Panamanian private equity company affiliated with Carrix, Inc., whose main division is SSA Marine, the largest maritime, stevedore and railroad terminal operator in the United States. Carrix is headquartered in Seattle, Washington, while the international division of SSA International has its headquarters in Panama City, where it supervises and controls the operations of its marine terminals in Chile, Mexico, Panama and other parts of the world.
Colon Container Terminal: Also located in the Atlantic side of the canal, this port is run by Evergreen Marine Although technically a Chinese company, it is not the socialist China, but rather the other China! Taiwan.
Cristobal: The oldest port in Panama, which predates the Panama Canal, this one is also located in the Atlantic side. This port is in fact run by Panama Ports Company, which is owned by Hutchison Port Holdings - which, in turn, is owned by CK Hutchison Holdings a Hong Kong based company (so, a Chinese company).
Balboa: The biggest port on the Pacific side, this port is also operated by Panama Ports Company (see above - also run by a Chinese company).
Rodman: Located in the old Rodman Naval Base on the Pacific side of the canal, PSA Panama International Terminal. The PSA part of the PSA International, by the way, stands for Port of Singapore Authority, so this one is not Chinese either.
Rooting for MRGE and the news, but just saying this is not true.
My OPINIONS on the CEO news.
About 2½ years ago, I was very invested in Amfil Technologies. I started out as a regular investor, like most of the board here. Then they announced they wanted to expand in the USA. I thought it was a great concept, and I flew up to talk to them about their USA program. After my visit, I funded them to build and open Tempe, AZ. I was very excited about what they wanted to do. I even opted (And still have the option) to put together investors for five MORE locations in the western USA in the future. I didn’t have all the money myself, but would invest with others to build out more locations. I was active with this company! I put together some investors to build out Tucson, and started working on funds for Denver. Amfil also decided that they wanted me to talk to other people who were interested in building in other parts of the country as well, so they gave me a title on the USA Expansion team. I really thought this was going to the moon, and was glad to be part of it.
Then we started building out Tempe. It was slow. Slow IMO because the management in Toronto did not make speedy decisions to allow it to proceed as it could have. Toronto talked a good game but actions didn’t always follow those words. I’m not saying anything that everyone doesn’t already know. Heck, even two weeks ago we saw the words “We will have Q1 filed on time.” That didn’t happen though, did it? Yes, there are always “reasons”, but the bottom line was that Tempe took WAY longer than it should have to be ready to open. It DID open though, and it started doing well. So we started planning Tucson, with hopes for 2021 to add Denver and Ft Collins. The group of investors, including myself, put our money in and we started planning Tucson's build out.
AGAIN I think Toronto slowed things down by not being as responsive as they should have been. With Tucson’s opening delayed, and a little disillusionment, I backed away from Denver and other venues. I also walked away from the USA Expansion position in 2019. Rogen Chhabra took over that position in early 2020. He and I spoke on the phone MANY times over the first few months of his working at that position. I gave him leads, shared thoughts, gave wisdom learned by doing it twice, and we spoke of our joint frustration with Toronto at times. Talking to Rogen was a breath of fresh air. Rogen actually DID the things he said he would do when we talked, including moving Denver forward a few more notches even without me. Did he open new locations? No. Because shortly after getting his footing … Covid19 hit hard. The virus stopped final commitments in many cities and numerous potential investors are waiting for a vaccine and a brighter forecast before they invest in their location. Rogen even had an LOI already for a location in Denver, but let it expire. I say it is a smart move to wait though. (Even though some have asked “where are the new locations?”, the answer is that it is smarter to WAIT than to rush ahead right now. Rents are coming down as other restaurants close, and better locations are coming available. The shut downs are NOT over, as we all know, so waiting is a SMART move right now.) Rogen has accomplished numerous things, even though Amfil decided to wait on actual openings. I have MUCH respect for Rogen. I learned about his work ethic and style of management as he worked on the USA expansion team, and confided in him that, for me, getting investor teams put together in a city and then finding a location was great, but then when it was passed up the chain to Toronto to finish the deal, it seemed to fall through the cracks or stall.
To hear that Rogen is now taking over the helm at Amfil fills me with hope. Hope because I STILL believe in the concept. I don’t believe that people will avoid board games in the future. I no longer have a vested interest in Tempe, as I gave that up too over a year ago and YES it is now 100% corporate owned, but I talk to their manager once in a while and I think we shall do well when things get back to “normal”. That may BE a while, but I see a concept that still has potential. When I add to that statement a CEO who can react and DO things with that potential? My faith grows! As Rogen becomes the top decision maker, instead of just leading the USA Team that gets it all put together and then hands it off TO decision makers, I see locations actually HAPPENING this time!
Do I think we are out of the woods? Not at all! This pandemic is SCARY. I do NOT see new locations opening “soon”. MY opinion! I doubt many people are investing their money into things like restaurants in late 2020. But when this virus calms down after the vaccine? If other investors gain faith, as I am doing, I think after some hard times the next few months that this company will do well long term with our new CEO! As Tucson gets ready to open (I AM still invested in Tucson, along with the other investors.) I see good signs there. Moreso, I still have the option for the five other potential locations I can build out when we get past this virus, and I still know some investors who would hopefully invest with me if I do. That’s an IF, but this management change is a major step in the right direction and even saying that exercising my option is back to an “IF” instead of “in the rear view mirror” is a big step forward. This change gives me some hope for success after the virus. I’m happy we have a man of action at the helm now. I feel it will rebuild the confidence we need OVER TIME in order to get investors like myself (not JUST me) putting money into new venues in new cities, and also to raise the stock price long term.
Roger and Ben have done some GOOD things to get us where we are today. They do a lot more than just manage cafes by the way, and I think even after this they WILL CONTINUE to do good things with this company. But the top position and final decision maker is now someone who I think can take us to the next level. Plus a man who when he does use words will not whet shareholders appetites beforehand on deals or events that then do not happen. No “announcements to say there will be an announcement SOON.” Whew! So although I count Roger as a FRIEND, I think we traded UP a LOT in business acumen, in leadership ability, and with future potential of success. I think this is a GREAT step forward for FUNN, and I want people to know that for ME, it is a game changer.
I’ve been gone from this board and company for well over a year. Now I shall re-look at the company, based on this. I still own many FUNN shares, due to the Tempe and Tucson deals. I feel more hope for those shares now than I did yesterday. I feel our long term potential just increased by a LOT. Yes, I want to see how Covid plays out first. That's why no new locations are opening NOW. Even I am waiting, as an investor, to see how things play out FIRST. A prudent move as an INVESTOR. THEN I'll maybe invest in other locations.) I want to see if all our locations survive, or if we lose one or two of them during this trying time. I’m a realist. Maybe we shrink before we grow. But the act of appointing Rogen is a WONDERFUL gain for us long term IMO. I think we got a great man who can lead us through this troubling time, and once past it lead us to a future we should already be in. A company with 15 or 30 open locations and doing well. Then more after that. I thank Roger and Ben for what is basically seven locations right now. Now I think we move on to the next level.
Hope springs eternal. Again.
NEWS!!
Good Hemp Enters Into Letter of Intent to Acquire Diamond Creek
Tue, November 24, 2020, 7:00 AM MST·4 min read
CORNELIUS, NC / ACCESSWIRE / November 24, 2020 / Good Hemp, Inc. (the "Company") (OTC PINK:GHMP), announces it has entered into a non-binding letter of intent to acquire Diamond Creek Group, the maker of high alkaline water. Under the terms currently contemplated, Diamond Creek would become a wholly owned subsidiary of Good Hemp.
In 2013, CEO and Founder, Ken Morgan, realized the demand for better tasting and longer lasting alkaline water was growing. After forming a partnership with a local spring, Diamond Creek was born. Today, Diamond Creek has partnerships with springs in Ohio, Pennsylvania, and Tennessee. Their products can be found in nearly 2,000 retail locations, including Kroger, Food Lion, Harris Teeter and Giant Eagle. Diamond Creek water is ranked in the top 20 of premium waters in the United States by Information Resources, Inc. (IRI).
Rise' Meguiar, Good Hemp's VP of Sales and Innovation, commented, "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, Diamond Creek's CEO, stated, "The functional beverage market is growing fast, particularly in the hemp infused category. We have been exploring ways to be a part of that, and we are thrilled with the opportunity to become a part of Good Hemp." Ken continued, "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."