In this brief interview, Curt Huber, CEO and President of Global Hemp Group dives into the future of Global Hemp Group and sheds light on where it is headed right now in the aspect of industrial hemp. Have a watch as Michael Whitlatch, Creative Director of North Equities, interviews Curt.
0:00-0:18
Introduction/Greetings
0:18-0:30
Michael: Global Hemp Group is involved in hemp cultivation, research, and development. Before we start off, just explain to people what that is. Just like they’ve never watched any videos on the channel. They’ve never been to the website.
0:30-1:29 What Global Hemp Group is All About
Curt: Sure. Well, historically we’ve been a grower of hemp in Oregon for cannabinoid extraction. It was a singular focus that really wasn’t our passion. We’ve always envisioned that the industrial aspect of hemp is by far the largest segment of the market end and where it’s going to go ultimately. And that’s why we’ve expanded our operations and have begun looking at Colorado. (And) We partnered up with a group that we tried to become partners with about 5 years ago and employ exactly that the industrial aspects of hemp and what we call our Hemp Agro-industrial Zone, which is really just a collaboration under one umbrella to produce hemp-based products or use in our various projects or for sale widely across the United States or the world for that matter.
1:29-1:35
Michael: Can we dive into what some of those projects are? Just give some examples that people might go to latch onto?
1:35-2:28 GHG Current Projects Highlighted
Curt: Sure. Well as we recently announced. The Colorado Hemp Agro-Industrial Zone is something that we wanted to do for an extended. Of time. It allows us to enter a market that has had huge pent-up demand, which is the affordable housing in this particular area in Northwest Colorado that will be successful on its own on the real estate site.
But if you add hemp-based building materials into the equation,
it adds a tremendous number of revenue streams
It also gives us an opportunity to increase the real estate assets and the important part is the water infrastructure and the water rights assets and
we can accumulate a large amount of those as part of the project as it develops out.
News Release 2/8/21: GHG Acquires Control Over Strategic Water Infrastructure Asset in Colorado
2:28-2:37
Michael: So we were talking off-camera a little bit you talk about some of the major struggles in the hemp industry where it’s not so much cultivating this issue, but finding an application in a buyer for it. Can you dive into that a little bit?
2:37-4:03 The Struggle Behind Hemp Industry
Curt: Certainly, that’s always where the struggle has been. It’s easy enough to grow the hemp well. It has its challenges in itself, but certainly, you can grow the hemp you can identify the market. But at the end of the day, if you don’t have a buyer for your product, that’s where a lot of the hemp companies have struggled.
The beauty of the Colorado project is that there’s this huge pent-up demand for affordable housing in this area. And so we know that the real estate side of this project will be it will be successful all by itself and it has the opportunity to continue to expand our partner actually built close to a hundred houses in the existing subdivision. (And) we’re planning to expand out from there. This project has a long-term vision. As a matter of fact, the time horizon can be about 25 years in terms of the development of housing in this particular region. And so that’s what’s going to make this project successful. Once you add the hemp building materials and other hemp-based products into the equation that just adds huge multiple revenue streams that will create tremendous shareholder value over time.
4:03-4:07
Michael: Awesome Curt.Thanks for signing some light on the company. Is there anything else you want to mention?
4:07-4:42 GHG Joins the US Hemp Building Association
Curt: Thanks for asking since we last spoke. Actually, we joined the US hemp Building Association that’s going to give us tremendous input in terms of professionals in the hemp building industry throughout the United States that we can consult with. And we’re actually very happy to be a part of helping expand the base of the association to make hemp construction and hempcrete building much more recognized throughout the United States.
News Release 2/12/21: GHG Joins the US Hemp Building Association
4:42-4:49
Michael: Congratulations on that. Thank you.
Thank you for coming on. Thanks, everyone for watching. Don’t be afraid to like, subscribe, join the conversation and leave us some questions. We’ll answer all your questions for you, or I could have a wonderful day.
Curt: Thank you very much.