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Global Hemp Group Inc GBHPF


Primary Symbol: C.GHG

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 SY3XElonon Apr 01, 2022 9:01am
152 Views
Post# 34566371

RE:$WSRC

RE:$WSRCJust read this fun fact on the financials. As far as I can tell $2.3 million is not I'm escrow and it's definitely not available on the financials. 

The Company made a non-refundable deposit of US$200,000 in August 2021 for the acquisition of the 664 Acre 
Deepe Property through WSRC as described above. The Company will need to pay US$2,300,000 on or before 
April 1, 2022 (not completed as of the date of the release of these financial statements) in order to complete the transaction 

SY3XElon wrote: Global Hemp owes about $1.2 million for the water rights. This is the hold up make no mistake. So a PP was announced at .022 for 60 million shares which covers the amount owed plus about $100k. Question is why isn't Roger at WSRC not saying cancel it, give me those shares and warrants as a trade for the water rights and pump GHG to make way more on the water rights though the shares? There must be a big issue about the development of this project that we don't know. Can't fill such a low PP and Roger doesn't want to negotiate 


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