Welcome to our dedicated page for Global Hemp Group news (Ticker: GBHPF), a resource for investors and traders seeking the latest updates and insights on Global Hemp Group stock.
Track the latest developments from Global Hemp Group Inc. (GBHPF), a pioneer bridging sustainable industrial solutions with biopharmaceutical innovation. This dedicated news hub provides investors and industry observers with timely updates on the company's dual focus: advancing hemp-based construction materials/bio-energy systems through its Industrial Division, and developing novel cancer treatment formulations via strategic Health & Wellness partnerships.
Access official press releases covering patent acquisitions, research milestones, and collaborative ventures with key partners including Apollon Formularies and B-Organic R&D. Our curated feed simplifies monitoring of critical updates across both core business segments - from environmental IP development to preclinical biopharma testing progress.
Bookmark this page for streamlined access to earnings announcements, material event disclosures, and technology advancement updates. Stay informed about GBHPF's initiatives in carbon-negative materials and next-generation natural therapeutics through our comprehensive news collection.
Global Hemp Group (CSE: GHG) (OTC: GBHPF) has announced a non-brokered private placement offering of up to 14 million units at $0.031 per unit, aiming to raise up to $434,000. Each unit includes one common share and one warrant exercisable at $0.10 until March 24, 2028. The first tranche of $75,000 for 2,419,354 units is expected to close within a week.
The company has also entered into a Commercialization Agreement for next-generation 3D house printing technology, expanding its green industrial business segment. The new technology promises to be more cost-effective, lighter, and easier to transport and set up compared to existing systems.
According to Global Information Inc., the 3D printed homes market is projected to grow from $59.93 million in 2024 to approximately $2.9 billion by 2032, with a CAGR of 62.4%. GHG's R&D Division, led by Prof. Victor Castaño, will research environmentally friendly cement alternatives for 3D house printers.
Global Hemp Group Inc. (CSE:GHG, OTC:GBHPF) announced the addition of Gabriel Gauthier, a pioneer in hemp construction, to its team. Gauthier will advise on hemp building applications for the Colorado Hemp Agro-Industrial Zone project in Colorado, which aims to cultivate industrial hemp and generate multiple revenue streams. The company also completed an acquisition, issuing 12,386,675 shares to Marijuana Company of America Inc. at $0.02 each. GHG focuses on establishing a strong presence in the U.S. hemp industry and developing value-added products.
Global Hemp Group Inc. (CSE:GHG, OTC:GBHPF) has announced its acquisition of a 50% stake in the Oregon Hemp Project from Marijuana Company of America Inc. The deal involves an upfront payment of $210,000 and additional stock valued at $185,000. This acquisition will allow Global Hemp to fully consolidate the 109-acre Scio, Oregon farm into its financial statements, enhancing control over its operations. Additionally, GHG received short-term loans totaling C$50,000, resulting in the issuance of 1,700,000 common shares as a bonus to lenders.
Global Hemp Group Inc. (CSE: GHG / OTC: GBHPF) has announced the appointment of Prof. Victor Castaño, Ph.D. as the Head of its new Research and Development Division. Prof. Castaño brings extensive experience in materials science and biomedicine with over 30 years in developing sustainable construction materials, nanofertilizers, and enhanced extraction methods from hemp. The R&D division will focus on environmentally-friendly construction materials, innovative nanofertilizers, and advanced extraction techniques, aiming to create marketable, patented technologies for the hemp industry.
Global Hemp Group Inc. (CSE:GHG)(OTC:GBHPF) has announced a 50/50 strategic partnership with Western Sierra Resource Corporation to establish a Sustainable Economic Zone in northwest Colorado. This initiative aims to leverage WSRC's $40 million water infrastructure for vertical integration in hemp cultivation and processing. The project will create a Hemp Agro-Industrial Zone (HAIZ) focusing on affordable housing and value-added hemp products. An initial funding commitment of $25,000 is set within the next 30 days, with definitive agreements expected in 60 days.
Global Hemp Group Inc. (CSE:GHG, OTC:GBHPF) announced a rights offering for common shareholders, effective July 31, 2020. Shareholders of record as of August 4, 2020, will receive rights to subscribe for units. Trading of the rights began on August 10, 2020, under the symbol GHG.RT, but faced a temporary halt due to a system glitch. This issue has now been resolved, and trading is set to resume on August 13, 2020. Full details are available in the Rights Offering circular filed on SEDAR.
