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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

Comment by hempsteron Jan 19, 2020 9:11am
172 Views
Post# 30570619

RE:Big move is around the corner here ....

RE:Big move is around the corner here ....GHG is supposed to relase its annual financials for 2019 until the end of this months. I bet after that things will begin to look better for this stock, especially since these financials will finally include the revenues they already gave us an update about in mid August and maybe even some more.

According to their monthly progress report of December, the 2019 harvest is also supposed to become ready for sale in the end of this month, so I suspect we might see another revenue update sometime in Feb/ March. 
After the annual financials, the next financials will be released in March and May, and the May financials are the earliest possible financials which could include revenue from the 2019 harvest.

This year they should even manage to post their first profits since they have no write downs from any lost harvest as it was the case last year with the New Brunswick harvest, and last year management's compensation was also set (and included in the financials) for the next 3 years, so we also should not see any expenses on this side in these year's financials.
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