Love Hemp Group PLC Announces Change of Name

Rhea-AI Summary

Love Hemp Group (OTCQB: WRHLF) has officially changed its name from World High Life PLC, a move expected to align the company with its well-known brand. Share certificates held by investors remain valid, requiring no exchange. Chairman Andrew Male highlighted that the name change reflects the operational entity and enhances brand recognition. Love Hemp is a leading supplier of CBD products in the UK, boasting over 40 product lines and partnerships with more than 2,000 retailers. The company is strategically positioned for growth in the expanding UK and European cannabis market.

Positive

• Name change to Love Hemp Group strengthens brand alignment with operational entity.
• Leading player in the UK CBD market with over 40 product lines.
• Established relationships with 2,000+ retail stores, including major brands.

Negative

• None.

LONDON, UK / ACCESSWIRE / March 3, 2021 / Love Hemp Group PLC (AQSE:LIFE)(OTCQB:WRHLF), is pleased to announce that, further to the Company's announcement on 15 February 2021, the change of name from World High Life PLC to Love Hemp Group PLC has become effective.

All share certificates that are presently in the hands of investors will be valid and do not need to be exchanged for new share certificates.

Andrew Male, Chairman and Director of Love Hemp, says "The name change aligns the listed company with the operational entity and most importantly, the brand that everyone knows, Love Hemp."

About Love Hemp

Love Hemp is one of the UK's leading CBD and Hemp product suppliers and has more than 40 product lines, comprising oils, sprays and vapes and a variety of edible and water-based CBD products. Love Hemp has established relationships with over 2,000 stores in the UK, including leading brands such as Sainsbury's, Boots, Ocado and Holland & Barrett.

Love Hemp is positioned to take advantage of the huge opportunities available in the UK and European legal cannabis space, which is set to be the largest in the world within five years.

For further information please contact:
Andrew Male
Chairman & Director
+44 (0) 7926 397 675
andrew@worldhighlife.uk

AQSE Corporate Adviser
Mark Anwyl/Allie Feuerlein
Peterhouse Capital Limited
+44 (0) 20 7469 0930
ma@peterhousecap.com
af@peterhousecap.com

Financial PR
Tim Blythe
Alice McLaren
Madeleine Gordon-Foxwell
+44 (0) 207 318 3205
worldhighlife@blytheweigh.com

Financial Advisor
Rupert Fane
H&P Advisory Limited
+44 (0) 20 7907 8500
rf@hannam.partners

For more information on World High Life please visit:

www.worldhighlife.uk
www.lovehempgroup.com

Market Abuse Regulation (MAR) Disclosure

The information contained within this announcement is deemed by the Company to constitute inside information. Upon the publication of this announcement via a Regulatory Information Service, this inside information is now considered to be in the public domain.

SOURCE: Love Hemp Group PLC

View source version on accesswire.com:
https://www.accesswire.com/633332/Love-Hemp-Group-PLC-Announces-Change-of-Name

FAQ

What is the new name of World High Life PLC?

World High Life PLC has changed its name to Love Hemp Group PLC.

What is the stock symbol for Love Hemp Group?

The stock symbol for Love Hemp Group is WRHLF.

Why did Love Hemp change its name?

The name change aligns the listed company with its operational entity and recognizable brand, Love Hemp.

How many product lines does Love Hemp offer?

Love Hemp offers over 40 product lines, including oils, sprays, vapes, and edibles.

Which retailers carry Love Hemp products?

Love Hemp products are available in over 2,000 stores, including Sainsbury's, Boots, and Ocado.

Where is Love Hemp positioned in the cannabis market?

Love Hemp is positioned to capitalize on the growing UK and European legal cannabis market, expected to be the largest in the world within five years.