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Global Hemp Group Inc C.GHG

Alternate Symbol(s):  GBHPF

Global Hemp Group Inc. is a Canada-based company. The Company is focused on two business segments: Industrial Hemp and Health & Wellness (Biopharma). The Industrial Hemp segment primary focus lies in the environmental uses of hemp for construction and hemp for sustainable bio-energy sources, both contributing to a carbon-negative footprint. It is also focused on aligning with its hemp agro-industrial zone (HAIZ) strategy to achieve a carbon-negative footprint. Its principal feature of the HAIZ concept is the proximity of the industrial plant to the supply of raw materials and final markets. The Health and Wellness segment is focused on the acquisition of exclusive licensing of patents and intellectual property (IP). It acquired exclusive rights to key patents and IP of Apollon Formularies plc., a UK-based international pharmaceutical company whose formulations and patents specialize in developing cancer treatments from natural biologics, including cannabinoids and functional mushrooms.


CSE:GHG - Post by User

Bullboard Posts
Comment by hempsteron Aug 12, 2018 2:42pm
119 Views
Post# 28446743

RE:RE:RE:Canadian positive changes for Hemp

RE:RE:RE:Canadian positive changes for HempDepends all on how successful management can grow the company - on their website they say they want to increase the acreage of the New Brunswick project to 9000 acres over the next few years and invest over $60million there. If they manage to to that (plus also grow the Oregon project) GHG might really become one the major hemp companies in North America. Should this happen the stock price /market cap might become comparable to Canopy's or Aurora's etc. In the short term (until the beginning of next year) I think we might hit $1, due to the sector momentum the legalisation in Canada will cause and the new Farm Bill in the US. The Farm Bill will be crucial for hemp stocks since it allow institutional investors in the US to invest in hemp companies for the first time ever (they can only invest in thing which are legal on a federal level), so we might see some impressive money flowing into the hemp sector. Depending on the revenue GHG will post in Q1 2019 the stock price might be catapulted even further than just $1, firstly because this will be their first quarter with a real revenue (hopefully) and secondly because investors will be able to calculate the possible future revenue since for the next growing season in NB they plan to grow ~1000 acres and the acreage in Oregon should also at least triple because this year they only planted 33acres of 109 (and we might also see cooperations with other farms, the last project update mentioned something in this direction). GHG has recently (re)priced the shares and warrants in the escrow pot for the Oregon project at $.36 which is three times the present stock price, which I take as a sign that the company is very confident about their chances to succeed - nobody would use these warrants if the price wasn't significantly higher, and neither would the company reprice the things if they weren't 100% sure about what their are doing, so we can be sure that good things are to come. All in all I see an extremely positive future for this stock and plan to hold some few more years - this company is tremendously undervalued at the moment, it's really crazy to watch. Nevertheless is the real potential of the stock pretty hard to predict atm since we don't really know about the potential revenue size, if there will be at all any sector momentum and how much US institutional investors will be at all interested in hemp etc - but the general trend should be clear.
Bullboard Posts