Monday, July 21, 2014
Large-Scale Hemp Processing Completed for Global Hemp Group
LOS ANGELES, CALIFORNIA (Marketwired Jul 21, 2014) - GLOBAL HEMP GROUP INC. ( GHG or the Company )(OTCQB:GBHPF)(CSE:GHG) (FRANKFURT:GHG) announced today it has processed 42 tons of hemp seed into raw materials and products to be delivered to its subsidiary, HempNatura™. With today s announcement, GHG has now fully enacted its soil-to-shelf strategy. GHG previously took delivery of 93,000 lbs. of hemp seed from NeverIdle Farms Ltd., a farming partner in Alberta, Canada, and is utilizing the services of hemp processors to create value-added materials and consumer market products. The products will be further processed, distributed and retailed by HempNatura, of which GHG owns 20 percent, giving GHG a presence at every stage of the hemp foods supply chain. Of the seed delivered, 28 tons has been processed into approximately 15,000 lbs. of hemp oil (using a cutting-edge cold press process) and 45,000 lbs. of seed cake now being milled into hemp protein powder and hemp flour. A further
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