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Bullboard - Stock Discussion Forum 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... see more

CSE:GHG - Post Discussion

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Post by SY3XElon on Mar 27, 2022 5:06pm

$WSRC

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
Comment by justus434 on Mar 28, 2022 2:12am
This post has been removed in accordance with Community Policy
Comment by SY3XElon on Apr 01, 2022 9:01am
Just 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 ...more  
Comment by SY3XElon on Apr 03, 2022 6:47pm
There must me news this week about the land closing. Either way we know what's up. They have 10 days from April 1st as this is material news
Comment by SY3XElon on Apr 07, 2022 11:13am
The lack of news on the land closing April 1st is now very worrisome. This is material news. If none by Friday morning then a NR after hours on Friday or weekend will likely be very bad for us because it must be reported by law Sunday. If It is not I will be sending an email Monday morning to the IIROC and you should also. They cannot hide material news 
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