Vancouver, British Columbia – November 24, 2017 – At the request of Investment Industry Regulatory Organization of Canada (IIROC), GLOBAL HEMP GROUP (“GHG” or the “Company”) (CSE:GHG/FF:GHG/OTC:GBHPF) wishes to advise that the Company’s management is unaware of any material change in the Company’s operations that would account for the recent increase in market activity.
The Company is making progress on its strategy in the hemp and cannabis sector. The Company previously announced a Joint Venture with Marijuana Company of America (OTC: MCOA) to acquire a 25% stake in Space Cowboys Farm in Colorado on October 10, 2017 and Space Cowboys to provide consulting on the GHG-MCOA JV on hemp cultivation and processing in New Brunswick announced on September 21st and 28th 2017.
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.
Charles Larsen, CEO
Media Relations & Inquiries:
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.