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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 MarketGainson Jun 30, 2021 10:19am
374 Views
Post# 33472695

GHG & Western Sierra Resource Announce Transaction

GHG & Western Sierra Resource Announce Transaction

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Global Hemp Group (GHG.CN) And Western Sierra Resource                                        Announce The Finishing Of Transaction



From June 2020 to January 2021, the stock fluctuated at the same level of $0.0100 throughout the year. The price, however, jumped dramatically to $0.0800 on January 15 and remained volatile until March. Following that, it dropped and now trades at $0.0400. The company’s average daily volume is 2,122,566 shares.

Global Hemp Group was created in 2009 and focuses on the hemp sector in Canada and the United States. The Western Sierra Resource Corporation has announced the completion of their transition with the Global Hemp Group. After this transaction is completed, the Colorado Hemp Agro-Industrial Zone will be created (HAIZ).

 

This agreement will assist Western Sierra Resource in repaying debts as well as creating and developing WSR’s green technology in collaboration with Mystery Power Group (MPG) innovations. In addition, the company will be able to enhance its existing water infrastructure assets, which is critical to the HAIZ project’s development.

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