02:21:31 EDT Sat 17 May 2025
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CA



Global Hemp Group Inc
Symbol GHG
Shares Issued 137,917,545
Close 2015-11-16 C$ 0.015
Market Cap C$ 2,068,763
Recent Sedar Documents

ORIGINAL: Global Hemp to supply hemp seed to Colorado Hemp Works

2015-11-17 16:23 ET - News Release

Received by email:

File: 2015 Nov 17 - Initial sale to CO Hemp Works.pdf

                        CSE: GHG              FF: GHG        OTC: GBHPF
#106   1169 Mt. Seymour Road, North Vancouver, BC V7H 2Y4      Tel:424-354-2998   info@globalhempgroup.com

                                          For Immediate Release:

         GLOBAL HEMP GROUP SELLS INITIAL HEMP SEED ORDER
                   TO COLORADO HEMP WORKS

Vancouver, BC -- (November 17, 2015) -- GLOBAL HEMP GROUP INC. ("GHG" or the
Company") (CSE: GHG / FRANKFURT: GHG / OTCQB: GBHPF) is pleased to announce
that is has completed an initial sale of whole raw hemp seed to Colorado Hemp Works LLC
(CHWS) for use in an oil pressing processing test. Upon successful test, GHG and CHWS will
enter into a longer term supply contract to supply CHWS from Canada, until commercial
quantities of seed is available in Colorado. This order is in the process of being shipped to
CHWS.

"Colorado Hemp Works is the first, and only US-based commercial hemp seed processor", stated
Matt Birkholz, President of CHWS. "We wholesale a wide range of food-grade products all
derived from this one versatile seed. Unlike our international counterparts, Colorado Hemp
Works is able to offer natural food companies local and on-demand processing. Instead of
products sitting in large warehouses for months before being shipped to customers, we offer the
freshest products available through processing seed just days before our customers are ready to
use these ingredients in their own products".

"We are excited to establish this relationship with Colorado Hemp Works and be a part of their
testing program", stated Charlie Larsen, President of Global Hemp. "With the ongoing changes
to legislation in the United States, commercialization of hemp production and processing will
continue to open up new markets for hemp, and food processing will emerge as a significant
segment of that market, just as in Canada".

In addition, two of the parties that purchased the Company's 15% convertible debenture (as
announced on June 12, 2015) have elected to convert their debenture to shares. As per the terms
of the debenture, principal and accrued interest in the amount of $97,397.26 has been converted
into 2,782,779 common shares of the Company.

About Global Hemp Group Inc.
Global Hemp Group ("GHG") is a publicly traded company founded in 2012, headquartered in
British Columbia, Canada with base operations in Southern California, USA and having a
strategic partnership in South Africa. The Company is focused on acquiring and/or joint
venturing with companies across all sectors of the hemp and cannabis industries in an effort to
build a "soil-to-shelf" portfolio of complementary companies that will enable GHG to capture
cash flow, revenues and value from its acquisitions and establish a far greater collective
valuation than GHG or the individual companies would have on their own.
                                               ###
 On behalf of the Board of Directors,

"Charles Larsen"
Charles Larsen
President & CEO

www.globalhempgroup.com

Forward Looking Statements   Certain information set forth in this news release may contain forward-
looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking
statements are subject to numerous risks and uncertainties, certain of which are beyond the control of Global
Hemp Group Inc., including, but not limited to the impact of general economic conditions, industry
conditions, volatility of commodity prices, currency fluctuations, dependence upon regulatory approvals, the
availability of future financing and exploration risk. Readers are cautioned that the assumptions used in the
preparation of such information, although considered reasonable at the time of preparation, may prove to be
imprecise and, as such, undue reliance should not be placed on forward-looking statements.

   The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
 


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