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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 Oct 20, 2018 2:55am
87 Views
Post# 28839949

RE:RE:RE:RE:Why are people selling when they should be buying??

RE:RE:RE:RE:Why are people selling when they should be buying??
I think you are comparing GHG to the wrong companies - ofc when you compare it to weed companeis like Tilray, Canopy and others its performance sucks, but these are not the companies it should be compared to. Other hemp companies, such as ISOL, NSP, and NF have shown even worse performance since the beginning of the year, so yeah in comparison to them GHG perform "relatively good".
As to the watering down of the shares, you are in so far right that we had this PP in spring which kinda sucks, but afterwards we had very little dilution (plus the 5mio shares for management now, but this only means a dilution of 2% and will raisein total $800k in working capital for the company) Plus it must be mentioned that most of the newly issued shares are being held by insiders, which means that they are not on public markets and therefore dont really interfere with the day-to-day stock development.

Honestly I do think your criticism is partly valid, but on the other hand it seems pretty much over exaggerated since you bought in at such a shitty time. Objectively the company is in a way better situtation then when you bought in in - in terms of finances but especially in terms of business development. When you bought in there was not clear at all how big the operations in NB would be this year, and there was also no project in Oregon in sight, so it was all in all way more risky to invest into GHG then now.
If you havent gotten yet any response, keep contacting them, you will get all answers you are looking for eventually.
(And tbh, they really coul not sell anything before october 17th, plus there is the question if they would even make an anouncement of sales? wouldnt be too sure of that, i think the report for q1 2019 will give us probably more info regarding any sales than the company now. plus then we'll also be able to judge if their investment in cashcrop media will eventually pay off)

Anyways, dont judge to company too harshly, that's their first year of real operations - the other hemp companies had all similar starts so GHG is really nothing special here. Things will come into order soon and in the end you'll also make profits with your investment. The only thing it'll take will be real patience (like being able to hold a stock several years and not panicking when it's red for quite some time)
Bullboard Posts