Global Hemp Group Inc. (GHG), is focused on a multi-phased strategy to build a strong presence in the industrial hemp industry in the United States. The first phase of this strategy is to develop hemp cultivation for cannabinoid (CBD, CBG, CBN & CBC) extraction, creating a near term revenue stream that will allow the Company to expand and develop successive phases of the strategy. The Company’s Joint Venture hemp farm in the state of Oregon, in the United States, is an example of the execution of this first phase of the strategy (https://www.globalhempgroup.com/oregon-1).
The second phase of the strategy will focus on the development of value-added industrial products utilizing the processing of the whole hemp plant, as envisioned in the Company’s Hemp Agro-Industrial Zone (HAIZ) strategy (https://www.globalhempgroup.com/hemp-agro-industrial-zone). These zones are designed to be replicated in any region where there is the cultivation of industrial hemp.