World Hemp : Joins the U.S. Hemp Constructing Affiliation

The GLOBAL HEMP GROUP joins the US HEMP BUILDING ASSOCIATION

Vancouver, BC – (February 12, 2021) – GLOBAL HEMP GROUP INC. (‘GHG’ or the ‘Company’) (CSE: GHG / OTC: GBHPF / FRANKFURT: GHG) is pleased to announce that it has become a member of the US Hemp Building Association (‘USHBA’). As the company continues development of its Colorado Hemp Agro-Industrial Zone (“HAIZ”), having access to a resource like the USHBA and other industry professionals will be of great benefit. The Colorado HAIZ is being developed under the banner of Innovative Hemp Technologies (“IHT”). The main goal of IHT; Developing “green” and “affordable” homes in a Planned Unit Development (PUD) using hemp-based building materials to meet historical pent-up demand in the region, including developing large-scale irrigation and growing industrial hemp and manufacturing building products and hemp-based textiles. This will significantly expand real estate as well as existing water rights and infrastructure assets while generating multiple sources of income for the company.

The US Hemp Building Association

The mission of the US Hemp Building Association is to support and stand up for hemp building professionals, hemp building projects and hemp building materials in the United States. Through initiatives focused on driving hemp adoption in building codes, creating educational materials, and gathering information on current products, buildings in which hemp is used, and supply chain options, they strive to provide the industry with the tools to use To provide what it needs to thrive. ‘Together we can change the world’.

Since the world is full of health and environmental problems, hemp building products offer a solution for both. The use of chemicals in our buildings has increased as we try to improve their fire resistance and thermal performance. This has increased the prevalence of sick building syndrome, which is caused by exposure to these toxins. Hemp materials can replace the use of these chemical laden products and improve the health of the people living in them.

The construction industry has one of the largest carbon footprints of any industry. As the world continues to focus on ways to reduce its negative impact on the environment, the construction industry needs to be overhauled. Hemp building materials bind the carbon absorbed by the plant during the growth process into the building and retain it for the life of the structure. Houses made from hemp from the region, which are made from hemp concrete, can be CO2 negative. The positive effects of using hemp in building materials are clear and our goal is to make this widely understood.

Jacob Waddell, President of USHBA stated, ‘The future will require improvements in our building practices to create a sustainable industry. Hemp is our chance to improve the health of our families and our world by building smarter. Please join USHBA in making healthy cannabis homes a reality. ‘

To learn more about membership in the USHBA, click this USHBA Membership Plans link.

The company would also like to announce that it has a 6 month marketing and advisory agreement with North Equities Corp. (“North Equities”) from Toronto. North Equities specializes in various social media platforms to enable greater investor engagement and widespread corporate news coverage, as well as accessible content showcasing the Global Hemp Group and its initiatives. Through his marketing skills on various social media platforms, the communication range is to be expanded and, at the same time, current information about greenhouse gases is made available to a much larger audience. In compensation, the company has issued 1,000,000 common shares of North Equities at an assumed price of $ 0.07 CDN per common share. All common shares issued to North Equities were subject to a holding period of 6 months.

About Global Hemp Group Inc.

Global Hemp Group Inc. (CSE: GHG / OTC: GBHPF / FRANKFURT: GHG) is focused on a multi-phase strategy to build a strong presence in the industrial hemp industry in the United States. The company is headquartered in Vancouver, British Columbia and operates hemp in the state of Oregon. The current phase of the strategy focuses on the development of “sustainable” and “green” industrial hemp products with added value, in which the entire hemp plant is processed, as envisaged in the “Colorado Hemp Agro-Industrial Zone” (HAIZ) project. Additionally, the Global Hemp Group has established a research and development department to actively promote the development of intellectual property that can be patented and implemented in the hemp and / or construction industries, particularly in the company’s Colorado HAIZ. The department is headed by Prof. Víctor M. Castaño, Ph.D. from the National Autonomous University of Mexico, a recognized leader in applied science and technology. The research and development team has an amazing wealth of knowledge and experience in various disciplines and will initially focus on the development of environmentally friendly building materials, nanofertilizers and improved extraction from hemp.

Contact the Global Hemp Group for more information

Tel .: 424-354-2998

info@globalhempgroup.com

https://www.globalhempgroup.com.

Cautionary Note Regarding Forward-Looking Statements

Certain information in this press release may contain forward-looking statements that involve significant known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond the control of Global Hemp Group Inc. including, but not limited to, the effects of general economic conditions, industry conditions, commodity price volatility and currency fluctuations, subject to regulatory approvals , Availability of future funding and exploration risks, legality of cannabis and hemp. Readers are cautioned that the assumptions made in preparing this information, although believed to be reasonable at the time of preparation, may prove to be inaccurate and undue reliance should be placed on forward-looking statements. Except as required by law, Global Hemp Group Inc. disclaims any intention and undertakes no obligation to update or revise any forward-looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, or changes in factors, such forward-looking statements or otherwise.

The CSE has not reviewed this version and assumes no responsibility for the adequacy or accuracy of this version.

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Disclaimer of liability

Global Hemp Group Inc. posted this content on February 26, 2021 and is solely responsible for the information contained therein. Distributed by the public, unedited and unchanged, on February 26, 2021 16:16:05 UTC.


Publicnow 2021

All the news about GLOBAL HEMP GROUP INC.
Sales 2020 0.03 M.
0.02 M.
0.02 M.
Net income 2020 -1.27 M.
-1.00 M.
-1.00 M.
Net debt 2020 0.81 M.
0.64 M.
0.64 M.
KGV 2020 -2.97x
Income 2020 – –
capitalization 22.8 M.
18.2 M.
18.0 M.
EV / Sales 2019 3 096x
EV / Sales 2020 166x
Number of employees – –
Free float 98.1%
Chart GLOBAL HEMP GROUP INC.

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