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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

Global Hemp Group Inc > March Monthly Progress Report Released Today
View:
Post by SY3XElon on Apr 07, 2022 2:30pm

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
Comment by SY3XElon on Apr 07, 2022 2:41pm
I'm not an expert but this disclosure may get them off the hook of an NR is required because they say they are working on a solution. Anyone with a better understanding of material news disclosure I would love to hear it
Comment by SY3XElon on Apr 07, 2022 7:31pm
I'm just talking to myself. Nobody cares. That makes this even funnier
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