GLOBAL HEMP GROUP AND MARIJUANA COMPANY OF AMERICA TO FORM JOINT VENTURE WITH SPACE COWBOYS’ COLORADO FARM

Vancouver, British Columbia – October 10, 2017 – GLOBAL HEMP GROUP (“GHG” or the “Company”) (CSE:GHG / FF:GHG / OTC:GBHPF) an industrial hemp and cannabis corporation, and Marijuana Company of America, Inc. (“MCOA”), (collectively the “Companies”), are pleased to announce they have jointly entered into a letter of intent with Space Cowboys, Inc. (“Space Cowboys”) for the purposes of forming a joint venture (the “Joint Venture”).  Space Cowboys is an existing fully licensed and compliant hemp derived cannabinoid producer in Colorado.

Pursuant to the terms of the letter of intent and subject to the Companies obtaining sufficient financing, the Companies will invest US$2.5 Million in exchange for a 25% equity interest in Space Cowboys. The investment funds will be used to expand Space Cowboys’ cultivation operation.

Space Cowboys is in its fourth year of operation and is in full compliance with Colorado state law and the Colorado Department of Agriculture. The business consists of both indoor and outdoor cultivation of high CBD hemp on properties in Longmont and Loveland, Colorado. Space Cowboys current hemp crops will be harvested in the latter part of October and prepared for extraction of the high value cannabinoids.

For the Companies, in addition to the potential revenue streams generated from Space Cowboys ongoing high cannabinoid hemp production, this joint venture will provide the opportunity to be a part of a legal operation with the extensive knowledge and experience required to cultivate and process industrial hemp into raw cannabinoids. This will enable Global Hemp Group to develop its Hemp Agro-Industrial Zone concept. For MCOA, it will also provide a consistent cannabinoid supply from a known source and trusted partner for its hempSMART™ product line.

“We are very excited to have this opportunity to deepen our relationship with Space Cowboys and Marijuana Company of America. From the prospect of having Space Cowboys consult on our New Brunswick hemp project, the relationship has developed into a significant opportunity for the Company to establish itself in the hemp industry on both sides of the border”, said CEO, Charles Larsen.

The transaction is subject to a number of conditions, including but not limited to, completion of satisfactory due diligence, entry into a definitive agreement and receipt of any necessary regulatory approvals. There is no assurance such conditions will be met or that the Companies will be able to secure the financing necessary to complete the transaction on acceptable terms or at all.

About Space Cowboys
Space Cowboys operates hemp farms in the state of Colorado for the primary purpose of Cannabinoid production. Space Cowboys’ operations are in full compliance with Colorado state law and the Colorado Department of Agriculture.

About Marijuana Company of America, Inc.
MCOA is a corporation which participates in: (1) product research and development of legal hemp-based consumer products containing CBD under the brand name “hempSMART™”, that targets general health and well-being; (2) an affiliate marketing program to promote and sell its legal hemp-based consumer products containing CBD; (3) leasing of real property to separate business entities engaged in the growth and sale of cannabis in those states and jurisdictions where cannabis has been legalized and properly regulated for medicinal and recreations use; and, (4) the expansion of its business into ancillary areas of the legalized cannabis and hemp industry, as the legalized markets and opportunities in this segment mature and develop.

About Global Hemp Group Inc.
Global Hemp Group (“GHG”) is a publicly traded company founded in 2012, headquartered in British Columbia, Canada with base operations in Montreal and Southern California. The Company is focused on the production and processing of hemp and cannabis, and collaboration with companies that will enable GHG to develop and implement the Hemp Agro-Industrial Zone concept. Through partnerships, joint ventures and acquisitions, the Company will capture cash flow, revenues, and establish a greater collective valuation.

Media Relations & Inquiries:
Sean Hocking
hocking.sean@gmail.com
+1 971 407 3344

Forward Looking Statements Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of Global Hemp Group Inc., including, but not limited to the impact of general economic conditions, industry conditions, currency fluctuations, dependence upon regulatory approvals, the availability of future financing and product liability risk. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

 The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

 


GLOBAL HEMP GROUP ANNOUNCES UPDATE ON HEMP GROWING TRIALS IN NEW BRUNSWICK

Vancouver, British Columbia –September 21, 2017 – GLOBAL HEMP GROUP INC. (“GHG” or the “Company”) (CSE:GHG / FF:GHG / OTC:GBHPF), in conjunction with its joint venture partner, the MARIJUANA COMPANY OF AMERICA INC. (OTC: MCOA) is pleased to provide an update on the first year hemp growing trial conducted in New Brunswick, Canada.

The field portion of this first-year trial is now complete, with results from laboratory analysis of CBD concentrations of the flowers and leaves expected within the next two to four weeks. For this initial growing season:

  • two farmers were contracted in northeast New Brunswick to participate in the trial
  • three varieties of hemp were grown on Test Plot 1 (CFX1, CFX2 & CRS1)
  • two varieties of hemp were on Test Plot 2 (CFX1 & CFX2)
  • three planting densities were utilized (15, 30 & 50 kg/ha)
  • straw yields ranged from 1.10 to 2.47 tons/ha
  • flower production ranged from 0.79 to 1.69 tons/ha

These results confirm what was seen from casual observation. This year’s yields are somewhat lower than expected, due to the late planting and incomplete field preparation (both which will be rectified for the 2018 cultivation), and lack of rainfall in the Spring. In 2018, taller varieties of hemp will be grown to increase straw yields and flowers. For the 2017 trial, the CRS1 outperformed the other varieties in straw production, and CFX2 produced the best flower yields. These results are indicative of the performance of varieties under largely unfavourable conditions.

Future Plans
Farming  –  As the future focus of the project will be on flower and straw production, other varieties with higher straw and similar flower yields will be selected for next year. GHG is currently evaluating a number of varieties for the coming year.

Next year’s production will focus on five experienced farmers cultivating a total of 125 acres. GHG has also recruited an agronomist to provide agronomic support to the farmers. Interaction with the farmers will be essential in finding solutions to practical problems that will inevitably arise. To maximize the visibility of the hemp farming experience in the region, farmers were selected across the northeast region of NB.

Industrial site selection  –  Bathurst appears to be the logical central point to process the straw and flowers coming from as far as Campbellton (75 km to the west)  and from Miramichi (75 km to the southeast). The area comprises close to 40,000 acres, mostly in field crops, making hemp an excellent alternative.

There are many industrial sites currently available in the Bathurst region since the closing of the paper mill and mines in the area. The city of Bathurst identified a number such sites in and around its industrial zone that Management recently visited. The mayor of Bathurst and his team were very supportive in the effort to bring processing/job creation to the region. Other sites outside the Bathurst city limits were also explored as possible processing locations.

Research and training  –  Bathurst is also the site of a very dynamic college, the Collège Communautaire du Nouveau Brunswick (CCNB), with its innovation center designed to support innovation in industry. The project has already benefited from its laboratory capacity in analyzing this year’s hemp samples. The centre is expected to be helpful in addressing some of the technical issues associated with crop production and processing, and training.

Selection of industrial processes.
GHG plans to focus on the processing of the flowers for cannabinoid extraction as legislation permits, and the straw for fibre and hurd products.  Discussions regarding the engagement of key technological partners is continuing. Once finalized, they will be included in the next version of the project overview that will be submitted to Opportunities New Brunswick in the coming months.

In addition, the Company is pleased to report that all resolutions were passed at its recent Annual General Meeting held earlier this month. The Board of Directors would like to thank all shareholders for their continued support and confidence.

The Board of Directors and Officers for the upcoming year will consist of:

Charles Larsen – President, CEO, and Director

Curt Huber                  – CFO, Director, and Chairman of the Audit Committee

Paul Perrault                – Director and Audit Committee Member

Jeffrey Kilpatrick        – Director and Audit Committee Member

The Company also announces that it has granted an aggregate total of 8,750,000 incentive stock options to its directors, officers, and consultants, in accordance with the Company’s Stock Option Plan. The options are exercisable at a price of $0.05 per share and will expire between September 20, 2019 and September 20, 2022.

About Marijuana Company of America, Inc.
MCOA is a corporation engaged in business including, but not limited to: (1) product research and development of legal hemp-based consumer products containing CBD under the brand name “hempSMART™”, that targets general health and well-being; (2) an affiliate marketing program to promote and sell its legal hemp-based consumer products containing CBD; (3) leasing of real property to separate business entities engaged in the growth and sale of cannabis in those states and jurisdictions where cannabis has been legalized and properly regulated for medicinal and recreations use; and, (4) the expansion of its business into ancillary areas of the legalized cannabis and hemp industry, as the legalized markets and opportunities in this segment mature and develop.

About Global Hemp Group Inc.
Global Hemp Group (“GHG”) is a publicly traded company founded in 2012, headquartered in British Columbia, Canada with base operations in Montreal and Southern California. The Company is focused on the production and processing of hemp and cannabis, and collaboration with companies that will enable GHG to develop and implement the Hemp Agro-Industrial Zone concept. Through partnerships, joint ventures and acquisitions, the Company will capture cash flow, revenues and value, and establish a greater collective valuation.

Forward Looking Statements Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of Global Hemp Group Inc., including, but not limited to the impact of general economic conditions, industry conditions, volatility of commodity prices, currency fluctuations, dependence upon regulatory approvals, the availability of future financing and exploration risk. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.


GLOBAL HEMP GROUP ANNOUNCES JOINT VENTURE PARTNERSHIP WITH MARIJUANA COMPANY OF AMERICA

Vancouver, British Columbia –September 5, 2017 – GLOBAL HEMP GROUP  INC. (“GHG” or the “Company”) (CSE:GHG / FF:GHG / OTC:GBHPF) an industrial hemp and cannabis corporation, is pleased to announce that it has established a Joint Venture (JV) with Marijuana Company of America, Inc. (OTC: MCOA) to participate in the development of its New Brunswick hemp project.

Under the terms of the Joint Venture, MCOA, a California based cannabis and hemp research and development company, whose business includes the marketing and distribution of hemp-based consumer wellness products, will assist GHG in developing commercial hemp production in New Brunswick (NB). In this first year of the JV, MCOA will share the costs of the ongoing hemp trial in NB; provide its expertise in developing hemp cultivation going forward; and, be granted a right of first refusal as GHG’s primary off-taker of any raw materials produced from the project. As recently announced, the Company has also partnered with Collège Communautaire du Nouveau Brunswick (CCNB) in Bathurst, New Brunswick to assist in conducting research with the hemp trials. The trials are taking place on the Acadian peninsula of NB, and the initial trials to establish commercial cultivation are expected to be finalized in 2018.

GHG’s Hemp Agro-Industrial Zone concept, or HAIZ, collaboratively produces and processes 100% of the hemp plant to produce a number of wholesale industrial materials, and ultimately high value cannabinoids like CBD, CBG and CBN. MCOA will become GHG’s preferred off taker for cannabinoids produced and extracted.

GHG’s ultimate goal is to produce greater social and environmental benefits for New Brunswick, and value for shareholders. This research trial will provide valuable information to refine the Company’s project designed to support and promote the expansion of the hemp industry into New Brunswick, through the development of the processing infrastructure required to take the industry to the next level. The HAIZ will provide market opportunities for farmers; create jobs in an economically depressed area; provide the opportunity to develop biodegradable products of superior quality; and, help support GHG’s commitment to creating a carbon free economy.

“We are very pleased to joint venture with Marijuana Company of America and to establish a primary off-taker so early in our New Brunswick trials, and to explore opportunities to do the same across Canada and the United States”, said CEO, Charles Larsen.

About Marijuana Company of America, Inc.
MCOA is a corporation engaged in business including, but not limited to: (1) product research and development of legal hemp-based consumer products containing CBD under the brand name “hempSMART™”, that targets general health and well-being; (2) an affiliate marketing program to promote and sell its legal hemp-based consumer products containing CBD; (3) leasing of real property to separate business entities engaged in the growth and sale of cannabis in those states and jurisdictions where cannabis has been legalized and properly regulated for medicinal and recreations use; and, (4) the expansion of its business into ancillary areas of the legalized cannabis and hemp industry, as the legalized markets and opportunities in this segment mature and develop.

About Global Hemp Group Inc.
Global Hemp Group (“GHG”) is a publicly traded company founded in 2012, headquartered in British Columbia, Canada with base operations in Montreal and Southern California. The Company is focused on the production and processing of hemp and cannabis, and collaboration with companies that will enable GHG to develop and implement the Hemp Agro-Industrial Zone concept. Through partnerships, joint ventures and acquisitions, the Company will capture cash flow, revenues and value, and establish a greater collective valuation.

Forward Looking Statements Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of Global Hemp Group Inc., including, but not limited to the impact of general economic conditions, industry conditions, volatility of commodity prices, currency fluctuations, dependence upon regulatory approvals, the availability of future financing and exploration risk. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

 The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.


GLOBAL HEMP GROUP UPDATE ON HEMP TRIALS IN NEW BRUNSWICK

Vancouver, British Columbia –August 29, 2017 – GLOBAL HEMP GROUP INC. (“GHG” or the “Company”) (CSE:GHG / FF:GHG / OTC:GBHPF) an industrial hemp and cannabis corporation, is pleased to provide an update on its New Brunswick hemp project.

Global Hemp Group has begun the first phase of a multi-phase industrial hemp project in northeast New Brunswick to introduce commercial cultivation and processing of hemp into the region. This is the first time in 20 years that industrial hemp has been grown in the Bathurst area. The trial consists of fifteen test plots with three varieties of hemp, and three different planting densities, in two different locations on each side of Bathurst.

The first phase, an initial growing trial, began in early June. The Company planned on beginning this year’s trial earlier in the year, but had difficulties getting the requested varieties of seed to New Brunswick. It is expected that next year’s cultivation will begin in May as seed has already been sourced for the 2018 cultivation which is expected to be significantly expanded from this year’s initial trial. This late start resulted in minimum prior soil preparation, and even the repurposing of some land that had already been sown with barley. Such plots were plowed again just prior to planting, and the hemp had to compete with barley and corn seed left from the previous seasons.  This will be easily corrected next season when land dedicated solely to hemp will be prepared this fall. While output measures from the test plots this year are likely to be less than optimal due to these poor initial conditions, hemp is proving that it can grow well in the region. To see pictures and updates on the trial, visit the Company’s website; http://globalhempgroup.com/trialupdates/.

Dr. Paul Perrault, a Development Economist and Director of GHG oversees the project and is currently onsite to collect samples from the test plots. This week flower and leaf samples will be sent to RPC Fredericton to test for Cannabinoids and Terpene concentration. Further analysis will focus on the green and dried weight of the straw and the output of the flowers and leaves. Observations are being made on the competition from prior crops and from weeds in the different planting densities of hemp.

Farmer commitment for 2018 – GHG initially intended on recruiting 20 farmers with 5 acres each for cultivation in 2018. Currently the Company has interest from five farmers with at least 25 acres each to participate in the expanded cultivation next season. Having less participants and more acreage will simplify research management as we continue to fine-tune the current process. Being able to plan now for the 2018 crop will allow farmers to prepare their soil in advance this fall, to be better ready for the coming growing season.

“We are very pleased with progress of the trials and the level of interest from farmers for expanding the project next season. We look forward to collecting and analyzing the data from this initial trial and using it to prepare for next year”, said CEO, Charles Larsen.

Further to the Company’s news release of July 31, 2017, the 4,668,105 common share purchase warrants referenced in that news release will be extended to July 31, 2019 and will be repriced to $0.10 per share, not $0.05 per share as previously announced.

About Global Hemp Group Inc.
Global Hemp Group (“GHG”) is a publicly traded company founded in 2012, headquartered in British Columbia, Canada with base operations in Montreal and Southern California. The Company is focused on the production and processing of hemp and cannabis, and collaboration with companies that will enable GHG to develop and implement the Hemp Agro-Industrial Zone concept. Through partnerships, joint ventures and acquisitions, the Company will capture cash flow, revenues and value, and establish a greater collective valuation.

Forward Looking Statements Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of Global Hemp Group Inc., including, but not limited to the impact of general economic conditions, industry conditions, volatility of commodity prices, currency fluctuations, dependence upon regulatory approvals, the availability of future financing and exploration risk. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.


GLOBAL HEMP GROUP ANNOUNCES RESEARCH PARTNER FOR ITS NEW BRUNSWICK INDUSTRIAL HEMP TRIALS

Vancouver, British Columbia – August 9, 2017 – GLOBAL HEMP GROUP INC. (“Global Hemp Group” or the “Company”) (CSE:GHG / FF:GHG / OTC:GBHPF) an industrial hemp and cannabis corporation, is pleased to announce that it has partnered with the Collège Communautaire du Nouveau Brunswick (CCNB) in Bathurst, New Brunswick. CCNB will assist the Company in research on GHG’s ongoing industrial hemp trials in the region.

With the support of Mr. Jesse Chiasson, Business growth officer at the Department of Agriculture, Aquaculture and Fisheries (DAAF) in Bathurst, a number of farmers were enlisted in the project on a protocol to test three varieties of industrial hemp. CCNB will perform laboratory tests in support of these trials. A contract covering these services was signed on July 28. GHG envisions further collaboration with CCNB-INNOV, the R&D network of CCNB located at its Bathurst campus, as well as with CCNB’s academic and contract training divisions to develop the new skills required by hemp farming and processing. Such collaboration will be the subject of formal contracts and MOUs.  “CCNB-INNOV is excited and enthusiastic in collaborating on this kind of project”, says Dr. Sylvain Poirier, the Entrepreneurship & Innovation Executive Director at CCNB and head of the CCNB-INNOV network.

These tests will provide information to validate agronomic and key yield data in preparation of a large scale industrial development project that will involve processing of the full plant: grain, straw, flowers and leaves, scheduled to begin next year. The results of these tests will also be used in discussions with farmers of the region in late August to refine a hemp-based farming model, and to mobilize additional farmers for the next growing season. The project has also been submitted to Opportunities New Brunswick for financial support.

GHG’s Hemp Agro-Industrial Zone concept, or HAIZ, is a system that engages farmers, processors using a variety of proprietary technologies, and manufacturers to collaboratively produce and process 100% of the hemp plant into a number of wholesale materials that can be manufactured into tens of thousands of healthy and sustainable products. The HAIZ will be surrounded by hemp production thereby minimizing the costs of expensive transportation to distant processing facilities. It will broaden market opportunities for farmers, create manufacturing jobs in the surrounding region, fabricate market changing biodegradable products, while supporting GHG’s commitment to creating a carbon free economy

“We are pleased to have Mr. Chiasson and CCNB onboard as our research partners as we progress in our initial trials in New Brunswick. We look forward to continued collaboration with CCNB on this project and future projects,” Said CEO, Charles Larsen.

About CC-NB – Bathurst
The Collège communautaire du Nouveau-Brunswick (CCNB) is a first-rate francophone post-secondary learning institution. It brings together five campuses located in Bathurst, Campbellton, Dieppe, Edmundston and the Acadian Peninsula. Each campus provides high quality educational services and training, and values the importance of a skilled, well-trained workforce that responds to changing job demands. Over the last decade the Collège communautaire du Nouveau-Brunswick (CCNB) has made determined efforts to support and stimulate innovation and technological integration in New Brunswick’s industrial and manufacturing sectors. Through its activities CCNB-INNOV contributes effectively to the economic development of the province.

About Global Hemp Group Inc.
Global Hemp Group (“GHG”) is a publicly traded company founded in 2012, headquartered in British Columbia, Canada with base operations in Montreal and Southern California. The Company is focused on the production and processing of hemp and cannabis, and collaboration with companies that will enable GHG to develop and implement the Hemp Agro-Industrial Zone concept. Through partnerships, joint ventures and acquisitions, the Company will capture cash flow, revenues and value, and establish a greater collective valuation.

Forward Looking Statements Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of Global Hemp Group Inc., including, but not limited to the impact of general economic conditions, industry conditions, volatility of commodity prices, currency fluctuations, dependence upon regulatory approvals, the availability of future financing and exploration risk. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

 

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.


GLOBAL HEMP GROUP ANNOUNCES RENEWAL OF ITS INDUSTRIAL HEMP LICENSE AND CULTIVATION TRIALS IN NEW BRUNSWICK

Vancouver, British Columbia – July 25, 2017 – GLOBAL HEMP GROUP INC. (“Global Hemp”, “GHG”, or the “Company”) (CSE:GHG / FF:GHG / OTC:GBHPF) an industrial hemp and cannabis corporation is pleased to announce that Health Canada has renewed its Industrial Hemp License for the current year, which for 2017 will include the ability to cultivate hemp.

Since renewing its license, the Company has launched the first phase of a multi-phase industrial hemp project on the Acadian peninsula of New Brunswick, which is envisioned to culminate in the development of GHG’s first Hemp Agro-Industrial Zone, or HAIZ.

This first phase of the project is a hemp cultivation and research trial. Dr. Paul Perrault, a Development Economist and Director of GHG visited the region in mid-May where he met with officials from the Department of Agriculture, Aquaculture and Fisheries (DAAF), Opportunities New Brunswick, and several farmers in the area . With the support of Mr. Jesse Chiasson, Development Officer at the DAAF, a number of farmers were enlisted in the project on a protocol to test three varieties of industrial hemp. A field agronomist was recruited to oversee the trials, with results expected later this year. GHG is in ongoing discussions with a local research partner to collaborate on these trials.

GHG’s HAIZ concept engages farmers, processors providing a variety of proprietary disruptive technologies, and manufacturers to collaboratively produce and process 100% of the hemp plant into a number of wholesale materials that can be manufactured into tens of thousands of healthy and sustainable products. The HAIZ will be surrounded by hemp production thereby minimizing the cost of expensive transportation to distant processing facilities. The HAIZ will produce social and environmental benefits to the community, and value for investors in the Company. These zones will create jobs for farmers, foster rural development, provide the opportunity to develop more sustainable products of superior quality and help support GHG’s commitment to creating a carbon free economy.

“We are very pleased to have begun hemp trials in New Brunswick with the support of DAAF and we expect to secure a local research partner for the project very soon. We see great potential for this Maritime Province to take advantage of this socially, environmentally and economically beneficial crop,” said CEO, Charles Larsen.

The Company is also pleased to announce the launch of its new corporate website; GlobalHempGroup.com. Information and pictures on the New Brunswick hemp trials can be found on the website in the Projects section.

Mr. Larsen said, “We are happy to have launched our new corporate website that reflects the new direction of Global Hemp Group. Hill & Drakoln built a beautiful site for GHG.”

GHG management continues to evaluate additional hemp and cannabis projects in both Canada and the United States.

About Global Hemp Group Inc.
Global Hemp Group (“GHG”) is a publicly traded company founded in 2012, headquartered in British Columbia, Canada with base operations in Montreal and Southern California. The Company is focused on the production and processing of hemp and cannabis, and collaboration with companies that will enable GHG to develop and implement the Hemp Agro-Industrial Zone concept. Through partnerships, joint ventures and acquisitions, the Company will capture cash flow, revenues and value, and establish a greater collective valuation.

Forward Looking Statements Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of Global Hemp Group Inc., including, but not limited to the impact of general economic conditions, industry conditions, volatility of commodity prices, currency fluctuations, dependence upon regulatory approvals, the availability of future financing and exploration risk. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

 The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.


GLOBAL HEMP GROUP ANNOUNCES COMPLETION OF SECOND TRANCHE OF PRIVATE PLACEMENT

Vancouver, BC — (March 2, 2017) — GLOBAL HEMP GROUP INC. (“GHG” or the “Company”) (CSE: GHG / FRANKFURT: GHG / OTC: GBHPF) announces the closing of the second tranche of the non-brokered private placement, consisting of 2,519,350 units (“Units”) at a price of $0.03 per Unit to raise aggregate gross proceeds of $75,580.50, and together with the closing of the first tranche, an aggregate of 4,119,350 Units have been issued for aggregate total proceeds of $123,580.50. (See press releases dated December 20, 2016).

Each Unit consists of one common share (“Common Share“) of the Company and one Common Share purchase warrant (“Warrant“). Each Warrant entitles the holder thereof to purchase one Common Share at $0.05 per share for a period of five years from closing.

Proceeds of the Offering will be used for payment of outstanding debt and working capital for project investigation. All securities issued in connection with the Second Tranche are subject to a four-month hold period from the date of issuance in accordance with applicable securities laws.

 

On behalf of the Board of Directors

“Charles Larsen”
Charles Larsen
President & CEO

 

www.globalhempgroup.com


GLOBAL HEMP GROUP ANNOUNCES FRANK GIESE TO JOIN ADVISORY BOARD AND TO ASSIST IN THE DEVELOPMENT OF THE COMPANY’S GENETICS DIVISION

Vancouver, BC — (February 26, 2016) — GLOBAL HEMP GROUP INC. (“GHG” or the “Company”) (CSE: GHG / FRANKFURT: GHG / OTCQB: GBHPF) is pleased to announce that Mr. Frank Giese has joined the Company’s Advisory Board to assist in the development of the newly formed Genetics Division.

Mr. Giese is an expert cannabis cultivator and breeder, Medical Marijuana (MMJ) contractor and MMJ systems analyst. For nearly 10 years, when medical cannabis legislation was passed permitting possession and cultivation in his home state of Washington, Mr. Giese combined his over 25 years of practical field experience working for government agencies as a research biologist extensively focusing on DNA, genetic identification and breeding of endangered species, with education and business expertise to begin breeding medical cannabis strains.

This widely varied combination of backgrounds along with many years of research and hard work has allowed him to become a true master cannabis cultivator and breeder. Mr. Giese has bridged the fundamentals of scientific research and cannabis breeding, as well as the use and development of modern cultivation and processing techniques in his breeding work. He has become proficient in breeding CBD rich strains, as well as being very experienced in auto flower breeding.

Mr. Giese’s current cannabis breeding efforts are focused on commercially viable, rapidly maturing varieties and his continued efforts in the development of new industrial hemp cultivars. His vision for the future is to introduce modern growing techniques to industrial hemp, as has been done with cannabis.

Mr. Giese has been involved in the installation and/or modification of more than 100 medical cultivation facilities as an MMJ contractor; from small to large scale outdoor grow operations, state-of-the-art Sealed Environment Grow (SEG) facilities (indoor), as well as associated processing and retail facilities. He has also been contracted as a consultant or MMJ systems analyst to access cultivation operations and recommend modifications to increase productivity, reduce costs and/or other specified objectives.

Mr. Giese will advise management on matters relating to hemp and cannabis genetics and other industry opportunities within the states of Washington and Oregon.

“We are extremely pleased to have someone of Mr. Giese’s level of knowledge and expertise on our team to help develop this new genetics division,” stated Charles Larsen, President of Global Hemp Group. “This gives us the opportunity to advance hemp genetics used in our projects and for the industry as a whole.”

 

About Global Hemp Group Inc.

Global Hemp Group (“GHG”) is a publicly traded company founded in 2012, headquartered in British Columbia, Canada with base operations in Southern California, USA and having a strategic partnership in South Africa. The Company is focused on acquiring and/or joint venturing with companies across all sectors of the hemp and cannabis industries in an effort to build a “soil-to-shelf” portfolio of complementary companies that will enable GHG to capture cash flow, revenues and value from its acquisitions and establish a far greater collective valuation than GHG or the individual companies would have on their own.

 

On behalf of the Board of Directors

“Charles Larsen”
Charles Larsen
President & CEO

 

www.globalhempgroup.com


To view Global Hemp Group, Inc. on the Canadian Securities Exchange under symbol GHG click HERE.

To view Global Hemp Group, Inc. on the Boerse-Frankfurt Exchange/XETRA exchange under symbol GHG click HERE.

To view Global Hemp Group, Inc. on the OTC Markets in the United States under symbol GBHPF click HERE.

Forward Looking Statements – Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of Global Hemp Group Holdings Inc., including, but not limited to the impact of general economic conditions, industry conditions, volatility of commodity prices, currency fluctuations, dependence upon regulatory approvals, the availability of future financing and exploration risk. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

The CNSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this


GLOBAL HEMP GROUP GRANTED INDUSTRIAL HEMP LICENSE BY HEALTH CANADA

North Vancouver, BC — (January 25, 2016) — GLOBAL HEMP GROUP INC. (“GHG” or the Company”) (CSE: GHG / FRANKFURT: GHG / OTCQB: GBHPF) is pleased to announce that its application for an Industrial Hemp License in Canada for 2016 has been approved by Health Canada, Office of Controlled Substances, Industrial Hemp Section

The license authorizes GHG to possess industrial hemp in the form of seed and grain, to export the seed and grain out of the country, as well as sell and/or provide viable grain domestically. As a result of this license, the Company will no longer be required to use licensed intermediaries, as has been done to facilitate previous orders. This license will greatly enhance the Company’s commercial opportunities, as the number of inquiries from processors and manufacturers in countries around the world continues to build momentum as more consumers learn about the nutritional benefits of hemp super foods.

Further to its news release of November 17, 2015, the Company is also very pleased to announce that it is in the process of shipping a second, larger scale order of hemp seed to Colorado Hemp Works LLC (CHWS) in Longmont, Colorado. The current order of 3 tons of whole hemp seed will be used for further, large scale testing of their oil pressing technology. Upon successful testing, GHG and CHWS will enter into a longer term supply contract to supply CHWS from Canada until commercial quantities of seed are available in Colorado.

 

About Global Hemp Group Inc.

Global Hemp Group (“GHG”) is a publicly traded company founded in 2012, headquartered in British Columbia, Canada with base operations in Southern California, USA and having a strategic partnership in South Africa. The Company is focused on acquiring and/or joint venturing with companies across all sectors of the hemp and cannabis industries in an effort to build a “soil-to-shelf” portfolio of complementary companies that will enable GHG to capture cash flow, revenues and value from its acquisitions and establish a far greater collective valuation than GHG or the individual companies would have on their own.

 

On behalf of the Board of Directors

“Charles Larsen”
Charles Larsen
President & CEO

 

www.globalhempgroup.com


To view Global Hemp Group, Inc. on the Canadian Securities Exchange under symbol GHG click HERE.

To view Global Hemp Group, Inc. on the Boerse-Frankfurt Exchange/XETRA exchange under symbol GHG click HERE.

To view Global Hemp Group, Inc. on the OTC Markets in the United States under symbol GBHPF click HERE.

Forward Looking Statements – Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of Global Hemp Group Holdings Inc., including, but not limited to the impact of general economic conditions, industry conditions, volatility of commodity prices, currency fluctuations, dependence upon regulatory approvals, the availability of future financing and exploration risk. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

The CNSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this


GLOBAL HEMP CLOSES 1ST TRANCHE OF CD

Vancouver, BC — (December 17, 2015) — GLOBAL HEMP GROUP INC. (“GHG” or the Company”) (CSE: GHG / FRANKFURT: GHG / OTCQB: GBHPF) announces the closing of a first tranche of of its non-brokered private placement of unsecured convertible debenture units (the “Offering”).

The debenture will have an annual interest rate of 15% per annum. No interest will be paid during the three-year term but will accrue until maturity or conversion. Each of the debenture will come with 20,000 warrants exercisable at a price of for a period of three years. The debenture is convertible into shares of the Company at at any time during the three year period of the note. The proceeds of the CD will be used for working capital and general corporate purposes. The first tranche consists of cash and in exchange for forgiveness of indebtedness for monies previously paid on behalf of the Company. No finder’s fee was paid on this transaction. All securities issued in connection with the Offering will be subject to a statutory four month hold period.

 

About Global Hemp Group Inc.

Global Hemp Group (“GHG”) is a publicly traded company founded in 2012, headquartered in British Columbia, Canada with base operations in Southern California, USA and having a strategic partnership in South Africa. The Company is focused on acquiring and/or joint venturing with companies across all sectors of the hemp and cannabis industries in an effort to build a “soil-to-shelf” portfolio of complementary companies that will enable GHG to capture cash flow, revenues and value from its acquisitions and establish a far greater collective valuation than GHG or the individual companies would have on their own.

 

On behalf of the Board of Directors

“Charles Larsen”
Charles Larsen
President & CEO

 

www.globalhempgroup.com


To view Global Hemp Group, Inc. on the Canadian Securities Exchange under symbol GHG click HERE.

To view Global Hemp Group, Inc. on the Boerse-Frankfurt Exchange/XETRA exchange under symbol GHG click HERE.

To view Global Hemp Group, Inc. on the OTC Markets in the United States under symbol GBHPF click HERE.

Forward Looking Statements – Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of Global Hemp Group Holdings Inc., including, but not limited to the impact of general economic conditions, industry conditions, volatility of commodity prices, currency fluctuations, dependence upon regulatory approvals, the availability of future financing and exploration risk. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

The CNSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this


Contact

PHONE : 424.354.2998
EMAIL : info@globalhempgroup.com

Address

#106 – 1169 Mt. Seymour Road, North Vancouver BC V7H 2Y4

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