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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 SY3XElonon Apr 07, 2022 2:30pm
234 Views
Post# 34585242

March Monthly Progress Report Released Today

March Monthly Progress Report Released Today
The Company has experienced some delays in its payment obligations under the 
Definitive Agreement executed with Western Sierra Resources and Prescient 
Solutions Group. The Company is working diligently with its Partners to restructure 
the agreement which will clarify the relationship of the parties and restructure certain 
payment terms. Details of this new agreement have not been completely finalized but 
discussions are proceeding and will be announced as soon as the agreement is 
executed. Global Hemp Group’s private placement financing (announced February 8, 
2022, see #2 below for details) will bring the Company's obligations current while
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