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.
There is a perfect storm on the horizon for the hemp and cannabis industries, as there is significant economic need for job creation and tax generation in most countries around the world, along with a strong demand for sustainable technologies, low carbon footprint housing, highly nutritional food and effective medicines. Hemp and cannabis can provide many of these necessary solutions and GHG is well positioned to take advantage of these oncoming changes.
Beginning in 2015, after its first year of operations, the Company will be expanding its business model to include many facets of the cannabis sector. The Company’s initial revenues will be generated from its Advisory & Training Division, which will centre on providing a host of consulting services from; agronomics and technology, to product development and distribution, as well as brokerage services to hemp and cannabis producers, processors, manufacturers and distributors.
GHG has recently entered into a mutual consulting agreement with Green Dot Consulting Inc., of Burbank, California, an experienced leader in cannabis industry education, data analytics, legislation, product and business development, extractions, genetics, and more, building brands like Cannabis Career Institute, CannaTrends, CannaJobs, Green Dot Delivery, Cannabis State University and many others.
Initially the Company will consult for Cannabis Career Institute (CCI) on expanding curriculum to include coursework on hemp economics, business opportunities, building materials, food and nutrition, cultivation, genetics, processing and biocomposites. IHCC staff will be hired to speak at CCI classes on the business of hemp and the entrepreneurial opportunities available in the hemp industry. In addition, Green Dot is gearing up for the construction of several cultivation facility projects that it intends to build with hemp materials. GHG will consult on the design, materials selection and sourcing, construction, automation, optimization and management of these facilities.
The Company has also launched an Environmental Impact Division (“EID”) to address the environmental impact of the cannabis sector. The Company will be offering solutions to cannabis grow facility operators to significantly reduce energy consumption and provide cost effective solutions for managing the agricultural waste produced from these facilities.
The Media Division is centered on IHCC’s proposed acquisition of Skunk Magazine, a Canadian print magazine that for the last 10 years has featured articles on all things cannabis. In 2015 it will launch a new online version that is expected to increase revenue substantially. Apart from the revenue stream, the Company will not only gain a communication platform and an established readership to promote a broadened set of issues regarding hemp, and its contribution to a healthier planet, but a marketing opportunity to tell the GHG story to our target audience in the cannabis industry and promote GHG as a public Company.
In addition, with IHCC’s pending 50% acquisition of its strategic partner House of Hemp, in South Africa, the Company will have an opportunity to tap into the premier hemp company in that country, just as the hemp industry is about to open up to commercial production and distribution. Initial revenues will be generated from the processing of hemp seed into hemp oil and protein powder, for sale to the food industry. Once established, there is a significant opportunity to utilize the hemp straw to create building materials for the construction of affordable and sustainable housing in conjunction with the Reconstruction and Development Programme in South Africa. Once established in South Africa, it is anticipated that there will be expansion opportunities to a number of other countries in Africa. In fact, GHG will position itself to capture, with local partners, the huge market of affordable and sustainable housing throughout many countries in the developing world. In this way it will impact on an industry responsible for up to 40% of CO2 emissions, and a significant contributor to climate change, while generating an increasing revenue stream for the Company.
There are many opportunities beginning to open up in both the hemp and cannabis industries, not only in North America, but around the world. Based on the above projects and an number of others that the Company is currently developing, management is confident that the Company can begin generating revenue in 2015.