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Bullboard - Stock Discussion Forum 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... see more

CSE:GHG - Post Discussion

Global Hemp Group Inc > No Land Ownership
View:
Post by SY3XElon on May 10, 2022 10:33pm

No Land Ownership

When you are in discussions with the sellers of all three properties to renegotiate and extend both the payments and closing dates on the properties, you can’t plant any hemp. You can’t get any permits approved. You can’t build on the land. You apparently can’t fill a PP. You can’t do anything because you don't own the land. The sellers still own the land. It's pretty simple yet here we sit waiting because they don't own any land whatsoever. It really is mind boggling after all the NR's about the land acquisitions last year
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