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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

Post by Richardioon Dec 20, 2019 3:53pm
233 Views
Post# 30478140

Worst stock I ever bought.

Worst stock I ever bought.I'm glad to be finally rid of my GHG stock.  I lost a ton of money on it.  Waited over 2 years hoping for a rebound.  In the end I realized it's my fault for not enough due diligence in learning about this company.  Looking back I am wiser, but poorer as I lost 80% of my investment but at least I'm finally out and can move on to a more lucrative investment and try to heal from the damage that GHG has done to my portfolio. 

Global hemp is nothing but a couple of 100 acre farms.  One is in Canada and is not producing.  The other is in Oregon and has grown some hemp, but hasn't sold any since day one.  They occasionally use shares to pay off people they owe money to.  They issue them a ton of shares at a cheap price, which causes a short spike in the stock price.  As soon as it spikes they dump the shares and anyone else that got on the bandwagon during the pump and dump loses big time.
That's where I was caught, and stung bad.  So if you see a spike in price keep that in mind, you would be lucky if you could sell your shares fast enough before the price tanks by morning. 
That is all there is to this company.  So if you choose to keep believing go ahead, I know the road you are on, but at least you were warned by those who have already been stung.
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