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Global Hemp Group Inc C.GHG

Alternate Symbol(s):  GBHPF

Global Hemp Group Inc. is a Canada-based company, which is focused on developing and promoting hemp-based products. The Company operates through two segments: BioPharma Division and Industrial Hemp Division. BioPharma Division has executed a Letter of Intent (LOI) with B-Organic R&D Corp. (B-Organic) to license its Bioactive Lipid Agents (BLA) technology, a patented matrix, which is able to increase the solubility and bioavailability of various poorly soluble pharma ingredients, including cannabinoids. Industrial Hemp Division is involved in the development and promotion of hemp-based products. The Company’s has acquired the perpetual license for North America (the United States, Canada and Mexico) to certain Apollon Intellectual Property and proprietary technology.


CSE:GHG - Post by User

Bullboard Posts
Comment by Richardioon May 09, 2019 4:05pm
123 Views
Post# 29730986

RE:RE:RE:Worries About Biomass

RE:RE:RE:Worries About BiomassI've had a nest egg in this stock for a little over 2 years.  I can honestly say I think it was a bad choice for me, but also a hard lesson learned.  I was much more niaeve when it came to choosing stocks 2 years ago.  I bought stock based on assumption.   I could have bought Canopy growth at .12 but declined because it had just shot up over a buck a share that morning.  Then with GHG I did the opposite, bought it when it started spiking, thinking it will keep going up over time like Canopy growth.  Yes, I know one is hemp and the other is weed, but both are stocks in a similar industry governed by similar or even the same laws.  I figured, be patient, don't look at it every day, wait to see what happens after legalization in Canada.  I waited... and nothing happened after legalization in Canada.  Then I waited for the Farm bill.  That has to do something.   Farm bill passed and again... nothing.. no effect on GHG.  I waited for the crop to come in.  Hey, at least there is something to sell, some sort of income.  They didn't sell a single twig of it.  Every week the stock price drops.  The 6 month chart looks like a downhill ski slope.  Why?  Obviously, because they are not making any money.  And now, I'm told that this could all be some sort of loss leader company?  Doesn't make me feel much better that we invest in a company that is simply set up to lose in order to make tax gains.  Probably to bolster other interests that Larsen has.  Thanks Larsen, wish I knew that ahead of time so I could have taken my money elsewhere instead of investing in your loss leader.   If you went in at .02 then at least you haven't lost all your money... yet.   All I can do is hope for another spike, and hopefully one that lasts more than 8 hours before it drops down.  The last one in December we didn't even get a chance to sell it dropped so fast.  Thanks to the share issuance.   Do I know all the ins and outs of the hemp business?  Certainly not, but if this company is to make money, it needs to produce and sell a product, and not just play tax games.
Bullboard Posts