NetworkNewsBreaks – Global Hemp Group, Inc. (CSE: GHG) (FRA: GHG) (OTC: GBHPF) Poised to Profit as US Senate Debates Proposed Legislation on Hemp

Jun 8, 2018

British Columbia-based hemp cultivation company Global Hemp Group (CSE: GHG) (FRANKFURT: GHG) (OTC: GBHPF) has a lot to gain if the 2018 Farm Bill, which the U.S. Senate is currently debating, passes. The updated bill promotes federal legalization of non-psychoactive industrial hemp in United States. An article discussing the company reads: “Global Hemp Group, Inc. (CSE: GHG) (FRANKFURT: GHG) (OTC: GBHPF) has long had an interest in establishing a strong footing in the industrial hemp industries of Canada and the United States. Its headquarters are situated in Vancouver, British Columbia, where it could be in a prime position to take advantage of the Canadian government’s plans to fully legalize recreational drug uses of the cannabis plant later this year. However, Global Hemp Group’s focus is currently on cultivating the non-psychoactive plant variety to extract cannabinoids with a healthful benefit and then to advance through additional phases of cultivation for products that draw on the plant’s potential in tens of thousands of commercial products, including paper, construction fiber, biofuels, clothing and textiles.”

To view the full article, visit http://nnw.fm/ebs1D

About Global Hemp Group Inc.

Global Hemp Group Inc. is headquartered in Vancouver, British Columbia, Canada, with base operations in Montreal and Los Angeles. The company is focused on a multi-phased strategy to build a strong presence in the industrial hemp industry in both Canada and the United States. The first phase of this strategy is to develop hemp cultivation with the objective of extracting cannabinoids (CBD, CBG, CBN & CBC) and creating a near term revenue stream that will allow the company to expand and develop successive phases of the strategy. The second phase of the plan will focus on the development of value-added industrial hemp products utilizing the processing of the whole hemp plant, as envisioned in the Company’s Hemp Agro-Industrial Zone (“HAIZ”) strategy. For more information, visit the company’s website at www.GlobalHempGroup.com.

More from NetworkNewsBreaks

NetworkNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Praises Passing of Bill C-45 NetworkNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Subsidiary Enters Extraction Contract with Leading California Cannabis Brand NetworkNewsBreaks – SinglePoint, Inc. (SING) President Provides Update on Recent Company Activity in Interview on MoneyTV

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

For more information, please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
[email protected]

More News

State deputy minister: S'wak UEC students can get free tertiary education even without BM pass
Oct 14, 2026
State deputy minister: S'wak UEC students can get free tertiary education even without BM pass

UEC students would be subject to the same entry requirements as other applicants, Annuar says.

Sara Duterte camp: Withdrawal of 3 articles of impeachment means allegations 'lacked basis'
Oct 14, 2026
Sara Duterte camp: Withdrawal of 3 articles of impeachment means allegations 'lacked basis'

The camp of Vice President Sara Duterte on Wednesday said the prosecution's withdrawal of three articles of impeachment is an admission that the allegations hurled against her lacked basis from the start.

Govt ready to implement new citizenship rules, just waiting for date from Agong - minister
Oct 14, 2026
Govt ready to implement new citizenship rules, just waiting for date from Agong - minister

Saifuddin's assurance comes after group's lament over enforcement delay.

Byeon Woo Seok treats fans to performances, live cooking demo at Manila fan meet
Oct 14, 2026
Byeon Woo Seok treats fans to performances, live cooking demo at Manila fan meet

Byeon Woo Seok sure knows how to make Filipino fans feel special!

YOURSAY | 30pct bumi equity rule needs impact assessment, not blind defence
Oct 14, 2026
YOURSAY | 30pct bumi equity rule needs impact assessment, not blind defence

'Bumiputera advancement should mean better education, useful skills and greater economic security for ordinary families.'

[OPINION] How the Philippine Left lost its way
Oct 14, 2026
[OPINION] How the Philippine Left lost its way

To again become a real force in the country’s politics, the revolutionary left must reckon with rather than avoid its past

S'gor govt and Bersatu nearing deal on greater role in state affairs, rep says
Oct 14, 2026
S'gor govt and Bersatu nearing deal on greater role in state affairs, rep says

Discussions went beyond allocations; party wants to join decision-making - Afif.

Olivia Rodrigo, Chappell Roan announce collab song 'Expectations'
Oct 13, 2026
Olivia Rodrigo, Chappell Roan announce collab song 'Expectations'

Olivia Rodrigo and Chappell Roan are putting their pop powers together for a new single!

Pope Leo diagnosed with cancer as doctors remove part of lung
Oct 13, 2026
Pope Leo diagnosed with cancer as doctors remove part of lung

Experts emphasize the need for more information regarding the tumor's size and potential spread to lymph nodes to assess the prognosis and treatment options

Sara Duterte amid trial: ‘I will not resign. I will never resign.’
Oct 13, 2026
Sara Duterte amid trial: ‘I will not resign. I will never resign.’

'Whether or not I become the next president of our country remains to be seen,' says Duterte

Highlights: Day 39 of Sara Duterte impeachment trial | Oct. 13, 2026
Oct 13, 2026
Highlights: Day 39 of Sara Duterte impeachment trial | Oct. 13, 2026

MANILA, Philippines – The Senate impeachment court on Day 39 accepted the prosecution’s withdrawal of articles on confidential funds, bribery, and grave threats, leaving only the unexplained wealth charge against Vice President Sara Duterte. Presiding Officer Francis Escudero announced: The court accepts and confirms the prosecution’s manifestation… Articles I, III and IV from this point

Wangsa Maju MP defends Rafizi ties, says staying in PKR
Oct 13, 2026
Wangsa Maju MP defends Rafizi ties, says staying in PKR

Zahir says managing such relationships requires greater maturity.

YOUR NEWS, OUR NETWORK.

Do you have Great News you want to tell the world?

Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.

Voice of KL

We may be unheard, but things are different now. Voice of KL represents the voice of Malaysians who want you to discover the beautiful and developed city of Malaysia.