- Focused on growing strategic portfolio of industrial hemp-based companies
- Entered into joint venture with Marijuana Company of America, Inc. to purchase 109-acre farm in Oregon for cultivation of legal, high-yielding CBD from industrial hemp
- Hemp industry projected to reap $1.8 billion in sales by 2020, with growing political support
- 2018 growing season includes commercial hemp development projects at farms in Canada and Oregon
Hemp cultivation company Global Hemp Group, Inc. (CSE: GHG) (FRANKFURT: GHG) (OTC: GBHPF) continues to execute its strategic growth plan with the recent purchase of 109 acres of prime agricultural land in Oregon with joint venture partner Marijuana Company of America (OTC: MCOA). The company-partners plan to cultivate legal, high-yielding CBD (cannabidiol) industrial hemp to be grown at the farm located near the 152-year-old, picturesque town of Scio, Oregon (http://nnw.fm/mZCh0).
Industrial hemp is an agricultural heritage plant with a rich history. It also enjoys increasing political support, avoiding the legal challenges still faced by cannabis. Today’s hemp industry trumpets a variety of valuable…
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