Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 alphaflighton Jul 05, 2021 3:48pm
298 Views
Post# 33493846

UK Researcher Says Hemp Captures More CO2 Than Forests

UK Researcher Says Hemp Captures More CO2 Than ForestsFirst Year Hemp Growers Struggle To Reach Profitability


By Natan Ponieman

Hemp Blockchain, Inc, a Utah-based agricultural tech company, has come up with a novel solution to measure and record information on carbon emissions and atmospheric carbon sequestration for hemp farms: blockchain.

The product, part of what the company is calling a “Carbon Protocol Initiative” may set a new standard for establishing the net carbon footprint of hemp companies, one of the company’s goals.

Will New Yorks Cannabis Law Create Sweeping Changes For Its Hemp Industry?


The solution will take data from critical points throughout the cultivation process, registering both CO2 sequestration and emissions into a blockchain record.

The system will then grant cultivators carbon credits that will be translated into tokens. “Carbon offset credits that can be used by corporations to balance their carbon emissions CO2 in order to meet their CSR and ESG commitments,” according to a company press release.

“The Hemp Blockchain is building a critical piece of the digital infrastructure that will enable efficient and trusted transactions across the entire industry,” said Hemp Blockchain’s CEO and president Dan Higbee.
 

Hemp Leads Co2 Sustainability: According to Cambridge University researcher Darshil Shah, hemp can be twice as effective as trees at sequestering atmospheric carbon.

Industrial hemp absorbs between 8 to 15 tons of CO2 per hectare of cultivation, while forests typically capture 2 to 6 tons of CO2 per hectare per year, depending on climate, region and growth stage, Shah told Dezeen.

Shah, a member of the Centre for Natural Material Innovation, part of Cambridge University’s Department of Architecture, conducts research into biomaterials and focuses on building techniques that can help bring the carbon footprint for the building industry to zero.

Shah highlighted the role of hemp as a source of sustainable building materials for the future, noting that the crop can produce more usable fibers per hectare than forestry. Hemp fibers can be turned into bioplastics and engineered woods that can replace building materials such as fiberglass and aluminum.









 
<< Previous
Bullboard Posts
Next >>