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Global Hemp Group announces closing of first tranche of private placement to raise $774K

Stockhouse Editorial
4 Comments| December 8, 2020

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Click to enlargeGlobal Hemp Group Inc. (GHG) (CSE.GHG) has announced that it has received subscription agreements for a non-brokered private placement (PP), consisting of 17,500,000 units at a price of $0.015 per Unit for gross proceeds of $262,500. The Company will look to complete the Private Placement to a maximum of $774,000 on or before December 18, 2020, after which time no further subscription agreements will be accepted at this price.

Global Hemp Group 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.


New to investing in Cannabis? Check out Stockhouse tips on How to Invest in Cannabis Stocks and some of our Top Cannabis Stocks.

For more of the latest info on Cannabis, check out the Cannabis Trending News hub on Stockhouse.


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