Global Hemp Group Inc C.GHG

Global Hemp lights up Colorado Hemp Agro-Industrial Zone

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Innovative Hemp Technologies

Sustainable Solutions for a Greener Future

 

The Colorado Hemp Agro-Industrial Zone (“HAIZ”) is being developed under the banner of Innovative Hemp Technologies (IHT). IHT’s core objective is to develop “green” and “affordable” homes in a Planned Unit Development utilizing hemp-based construction materials to meet historical pent-up demand in the area. The project will include the development of large scale irrigation and cultivation of industrial hemp and the manufacture of hemp-based construction products and textiles. This will significantly expand the existing +US$40 Million of water rights and infrastructure assets while generating multiple revenue streams for the Company. It will also help create dozens of new jobs for the community and enable individual homeowners make a meaningful environmental statement of their own.
 

 

 

House with hempcrete walls
 
Historically hemp projects have struggled as growing hemp and identifying a market to sell to, will not create a successful company. But adding a buyer for your product to the equation and becoming vertically integrated, certainly will. In the case of the Colorado HAIZ, a market has been identified with large scale pent up demand (affordable housing) that hasn’t been relieved in several decades. Additionally, if you do not already have the necessary water infrastructure in place, there is a huge barrier to entry for others. This is the ideal market to enter, as the real estate side of the project will be successful even before the inclusion of hemp-based building materials. By utilizing a campus setting like that of the HAIZ, the Company will efficiently implement these vertically integrated functions; water, agriculture, processing and housing. Proven industry professionals have been engaged to work alongside IHT’s management in the areas of agriculture, R&D, manufacturing, and construction to achieve the Company’s objectives.
 
Execution of the Colorado HAIZ will create substantial shareholder value through the incremental introduction of additional (multiple) revenue streams to meet IHT’s objectives and set GHG on a path to becoming a leader in sustainable hemp-based “green” construction in the United States. The Colorado HAIZ will become a “showcase” project to demonstrate sustainable hemp construction products and technologies for third-party offtake and for replication in other suitable U.S. markets.

 

 

With the recent signing of the Definitive Agreement with Prescient Strategies Group to acquire the Series A Preferred Shares of Western Sierra Resource Corporation (WSRC), GHG will gain control over the strategic water infrastructure assets that will be integral for the development of this project. The resulting alignment of GHG, WSRC and their respective management teams together under one umbrella will result in a stronger, more focused and efficient entity.
 
The project will leverage the existing water rights and infrastructure to turn “dry land” farming acreage into irrigated land with valuable water rights that can subsequently be used to develop “affordable housing” and high value agricultural crops such as industrial hemp. GHG’s vision is to take the hemp grown onsite and convert as much of the conventional building materials used at the project into sustainable, hemp-based building materials for use in the housing development. This project contemplates a 25-year build-out. The luxuries of a long-term project with demonstrably high demand are:

(a) economies of scale;
(b) opportunity to implement learned efficiencies;
(c) opportunity to continually fine-tune product offerings though intimate familiarity with a specific market.
(d) access to new markets stemming from other by-products of the hemp processing, such as fibres and microfibres
These elements combined with predictably increasing prices and diminishing competition over the project term are likely to result in improved profitability year-over-year.

 

 

Interior hemp wall with forms partially removed
 
Access to Hemp Building Professionals - The Company recently became a member of the U.S. Hemp Building Association (“USHBA”). As the Company proceeds with the development of this project the ability to access a resource such as the USHBA and other industry professionals will be of great benefit.

 

The Mission of the U.S. Hemp Building Association is to support and advocate for hemp building professionals, hemp building projects and hemp building materials in the United States. Through initiatives that focus on forwarding the acceptance of hemp into building codes, creating educational material, and gathering information about current products, buildings utilizing hemp, and supply chain options, they endeavor to provide the industry the tools it needs to flourish. “Together we can change the world”.