Surrey, BC — (January 19, 2015) — GLOBAL HEMP GROUP INC. (“GHG” or the “Company”) (CSE: GHG / FRANKFURT: GHG / OTCQB: GBHPF) is pleased to announce that Jeffrey Kilpatrick has joined the Company’s Board of Directors.
Mr. Kilpatrick is currently the Program Supervisor for the Division of Investigations and Community Supervision for the Alachua County Department of Court Services in Gainesville, Florida. He has a B.Sc. in Criminal Justice Administration from CSU Long Beach, an MBA from California Coast University, is a graduate of the FBI National Academy and has received his Certified Public Manager degree from FSU. He is the current Executive Secretary, past President and chair of the Legislative Committee of the Association of Pretrial Professional of Florida. He is also the current Secretary for the National Association of Pretrial Service Agencies, the chair of the Legislative Committee and Membership Committee, and serves on the Accreditation Committee. Prior to coming to Alachua County, Jeff spent 21 years in the U.S. Coast Guard, where he was the Coast Guard’s lead criminal investigator in northern California, Nevada and Utah. Mr. Kilpatrick is a member of LEAP – Law Enforcement Against Prohibition.
“We are very pleased to have someone of Mr. Kilpatrick’s caliber join the board. He has a stellar, long-term track record in law enforcement and is acutely aware of the damage that has been done over more than 75 years of prohibition. Jeff is committed to doing his part to usher in a new era of logical legislation for cannabis and hemp as we approach what could become the most significant tipping point in economic history”, said Charles Larsen, CEO.
The Company also announces that Robert Hymers has resigned as CFO and will be replaced by Curt Huber, a current Director. Additionally, the Company has granted incentive stock options to its directors to purchase an aggregate total of 1,300,000 shares in accordance with the Company’s stock option plan. The options are exercisable at $0.10 per share and will expire January 15, 2019.
About Global Hemp Group Inc
Global Hemp Group, Inc. (CSE – GHG) is a publicly traded holding company founded in 2012. It is headquartered in British Columbia, Canada with base operations in Southern California and South Africa. The Company is 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 complimentary 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. The Company performs comprehensive research and analysis on companies in these industries, both public and private, seeking acquisition and joint venture opportunities with experienced experts in the industry. GHG portfolio companies operate synergistically, enabling greater efficiencies, profitability and value through the economies of scale created from operating as a cohesive group. The Company also provides consulting services, from agronomics and technology to product development and distribution. In addition, GHG provides brokerage services to hemp and cannabis producers, processors, manufacturers and distributors.
On behalf of the Board of Directors
Chairman & CEO
GL OB A L H EMP GRO UP I N C .
S ec on d Fl oor , 8 33 8 -120t h S tre et
S u r r e y , B C , V 3 W 3 N 4
Frankfurt Office: +49.69.173 226 6672
To view Global Hemp Group, Inc. on the Canadian Securities Exchange under symbol GHG 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.
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