Global Hemp Group Inc (GBHPF)

[MarketShark]

Global_Hemp_Group_Granted_Industrial_Hemp_License by Health Canada

This is very positive news for the company and it's investors.

http://globalhempgroup.com/global-hemp-group-granted-industrial-hemp-license-by-health-canada/


North Vancouver, BC — (January 25, 2016) — GLOBAL HEMP GROUP INC. (“GHG” or the Company”) (CSE: GHG / FRANKFURT: GHG / OTCQB: GBHPF) is pleased to announce that its application for an Industrial Hemp License in Canada for 2016 has been approved by Health Canada, Office of Controlled Substances, Industrial Hemp Section.

The license authorizes GHG to possess industrial hemp in the form of seed and grain, to export the seed and grain out of the country, as well as sell and/or provide viable grain domestically. As a result of this license, the Company will no longer be required to use licensed intermediaries, as has been done to facilitate previous orders. This license will greatly enhance the Company’s commercial opportunities, as the number of inquiries from processors and manufacturers in countries around the world continues to build momentum as more consumers learn about the nutritional benefits of hemp super foods.

Further to its news release of November 17, 2015, the Company is also very pleased to announce that it is in the process of shipping a second, larger scale order of hemp seed to Colorado Hemp Works LLC (CHWS) in Longmont, Colorado. The current order of 3 tons of whole hemp seed will be used for further, large scale testing of their oil pressing technology. Upon successful testing, GHG and CHWS will enter into a longer term supply contract to supply CHWS from Canada until commercial quantities of seed are available in Colorado.