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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

Post by SY3XElonon Apr 07, 2022 2:30pm
208 Views
Post# 34585242

March Monthly Progress Report Released Today

March Monthly Progress Report Released Today
The Company has experienced some delays in its payment obligations under the 
Definitive Agreement executed with Western Sierra Resources and Prescient 
Solutions Group. The Company is working diligently with its Partners to restructure 
the agreement which will clarify the relationship of the parties and restructure certain 
payment terms. Details of this new agreement have not been completely finalized but 
discussions are proceeding and will be announced as soon as the agreement is 
executed. Global Hemp Group’s private placement financing (announced February 8, 
2022, see #2 below for details) will bring the Company's obligations current while
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