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GHMP - GHMP STOCK NEWS

Welcome to our dedicated page for GHMP news (Ticker: GHMP), a resource for investors and traders seeking the latest updates and insights on GHMP stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect GHMP's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of GHMP's position in the market.

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Good Hemp, Inc. (OTC: GHMP) has signed a non-binding letter of intent to acquire Sacred Leaf, LLC, a CBD and hemp company with multiple retail locations and a processing center. Sacred Leaf operates 5 stores and 35 franchise locations across the U.S., Canada, Central America, and Europe. This acquisition aims to enhance Good Hemp's retail presence and streamline operations. The integration could also bolster Good Hemp’s product lines, including Canna Hemp and Good Hemp Wellness. CEO Bill Alessi emphasized the strategic importance of this partnership for growth in the CBD market.

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Good Hemp, Inc. (OTC Markets: GHMP) announces record sales for its subsidiary, Diamond Creek, attributed to spring promotions with grocery partners. Sales at Food Lion and Harris Teeter reached all-time highs, bolstered by strategic marketing efforts. Diamond Creek aims for further expansion in 2021, eyeing new retail partnerships post-COVID. E-commerce sales have also doubled as consumer demand rises. CEO Bill Alessi expressed optimism about leveraging Diamond Creek's success to enhance Good Hemp's brand image and market reach.

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Good Hemp, Inc. (OTC: GHMP) has announced that its subsidiary, Good Hemp Wellness, received certification from the United States Hemp Authority (USHA) for its new CBD Soft Gels. This certification, aimed at ensuring product quality and safety, verifies that Good Hemp adheres to the highest industry standards. The soft gels are set to launch with pre-orders starting May 15, 2021, featuring a proprietary formulation for enhanced absorption. This milestone positions Good Hemp alongside notable CBD manufacturers, reinforcing its commitment to quality in the wellness sector.

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Good Hemp, Inc. (GHMP) announced significant growth on Amazon Marketplace following the acquisition of Diamond Creek Group. The new Diamond Creek Water brand listing is already achieving notable sales, ranking in the Top 40 across several categories, including Bottled Water and Alkaline Water. With a strong entry into the premium water segment, Good Hemp aims to expand its consumer base while complementing its existing beverage products. This strategic move enhances visibility and purchasing opportunities directly through Amazon.

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Good Hemp, Inc. (OTC Markets: GHMP) has successfully acquired Diamond Creek Group, now a wholly-owned subsidiary, to enhance its consumer reach through strategic brand acquisition. The acquisition is poised to significantly increase Good Hemp's FY 2021 revenue by over 500%, leveraging Diamond Creek's distribution network in the growing functional water market, projected to reach $18.24B by 2025. The North American demand for alkaline water has surged by 44% since 2013, presenting substantial growth potential for Good Hemp's product offerings.

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Good Hemp, Inc. (OTC PINK: GHMP) has announced a production agreement with Barlean's to produce Good Hemp Wellness CBD Softgels. This market, valued at $24B, will utilize a proprietary formulation boasting a 200% increase in absorption. The partnership aims to distribute these softgels through chiropractors in the US, targeting patients with common ailments. Good Hemp Wellness is also pursuing certification from the U.S. Hemp Authority to enhance consumer trust.

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Good Hemp, Inc. (OTC PINK:GHMP) announced that Diamond Creek's alkaline water is now available for purchase on Amazon, following a letter of intent to acquire the brand. The bottled water market is experiencing significant growth, with sales hitting 14.4 billion gallons in 2019 and projected to reach $400 billion by 2026. This acquisition aims to enhance Good Hemp's market share and leverage e-commerce trends. Diamond Creek will also aid Good Hemp's beverages by utilizing its established distribution network.

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Good Hemp, Inc. (OTC PINK: GHMP) announced that Diamond Creek, which it plans to acquire, will sponsor the #77 car driven by Justin Haley during the NASCAR Dixie Vodka 400 on February 28, 2021. This sponsorship marks Diamond Creek's most significant involvement in NASCAR and aims to increase brand visibility among the sport's 75 million fans. The partnership aligns with Good Hemp's strategy to penetrate retail markets while emphasizing the hydration benefits of Diamond Creek's alkaline water for drivers and pit crews.

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Good Hemp, Inc. (OTC: GHMP) announces the appointment of Dr. Jason B. Minsky as Managing Partner of its new subsidiary, Good Hemp Wellness, LLC. This move is aligned with their launch into the health and wellness sector, introducing Good Hemp Wellness Soft Gels, containing 25mg of cannabidiol. With Dr. Minsky's extensive network of over 2,500 healthcare providers, the company aims to leverage this distribution for its new products. The soft gels feature a proprietary formulation for rapid absorption, promising a competitive entry into the $24 billion wellness market.

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Good Hemp, Inc. (OTC PINK: GHMP) has announced a non-binding letter of intent to acquire Diamond Creek Group, a producer of high alkaline water, which would make Diamond Creek a wholly owned subsidiary. This strategic acquisition aims to enhance Good Hemp's beverage offerings and capitalize on retail relationships. Diamond Creek's products are distributed in nearly 2,000 locations, including major retailers. The functional beverage market is growing, particularly for hemp-infused products, which Good Hemp plans to leverage through this acquisition.

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FAQ

What is the market cap of GHMP (GHMP)?

The market cap of GHMP (GHMP) is approximately 155.5K.
GHMP

OTC:GHMP

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GHMP Stock Data

155.46k
238.15M
21.7%
Beverages—Non-Alcoholic
Consumer Defensive
Link
United States
Cornelius