10:22:17 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Global Hemp Group Inc (2)
Symbol GHG
Shares Issued 24,291,458
Close 2024-02-20 C$ 0.06
Market Cap C$ 1,457,487
Recent Sedar Documents

Global Hemp appoints Vallee as development adviser

2024-02-21 09:07 ET - News Release

An anonymous director reports

GLOBAL HEMP GROUP WELCOMES LOUIS RENE VALLEE AS BUSINESS DEVELOPMENT ADVISOR

Global Hemp Group Inc. has appointed Louis Rene Vallee, president and chief executive officer of Power Food Group Inc., based in Montreal, Que., to the company's team as business development adviser. He is a marketing specialist, and an expert in brand creation, new product introductions, and positioning of products across retail and wholesale sectors in Canada and the United States.

Mr. Vallee will play a key role in spearheading Global Hemp's business development and marketing efforts, for both the company's industrial hemp division, and its health and wellness division. He brings to Global Hemp an impressive network of relationships in the financial, banking and governmental sectors, along with C-suite contacts to major grocery chains in both Canada and the United States.

Over the years, Mr. Vallee has helped analyze markets and created many new products for the companies he represented, as well as assisting early-stage business startups to properly guide them in their business development.

Over the past 25 years, Mr. Vallee, founder and president of Power Food Group, has specialized in merchandising in the retail and food service sector, including industrial and co-packing. In addition to its work in North America, Power Foods has been involved in export sales of products in Asia and Europe. The company also does private label products, provides branding and marketing services, and has a trading division for transactions with other countries. Prior to ownership of his own corporation, Mr. Valle was a senior officer or director of various companies in the food brokerage industry.

About Global Hemp Group Inc.

Global Hemp Group is a dynamic company currently focused on two key business segments -- industrial hemp and biopharma.

The industrial hemp division's primary focus lies in the environmental uses of hemp for construction and hemp for sustainable bio-energy sources, both contributing to a carbon-negative footprint. Its R&D (research and development) team is engaged in developing intellectual property that can be patented and implemented within the company's projects and beyond.

The health and wellness division is focused on the acquisition of exclusive patents and IP (intellectual property) through licensing agreements. The company acquired exclusive rights to key patents and IP of Apollon Formularies PLC, a United Kingdom-based international pharmaceutical company, the formulations and patents of which specialize in developing cancer treatments from natural biologics, including cannabinoids and functional mushrooms. More recently, the company has signed a letter of intent with B-Organic R&D Corp., relating to the use of its bioactive lipid agents (BLA) technology with cannabinoids, terpenes, flavonoids and mushroom extracts. BLA enhances the solubility and bioavailability of various "poorly soluble pharma ingredients."

These strategic alliances form the basis for the commercialization of promising independently preclinically tested formulations, underscoring the company's commitment to cutting-edge innovation in the commercial biopharma sector.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.