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From: NetworkNewsWire (Rep: 0)Date: 05/15/2018 16:15
Forum: Penny Stocks - Msg #1623 - List GBHPF msgs Thread #674009471 (Rec: 0)
NetworkNewsBreaks – Global Hemp Group, Inc. (CSE: GHG) (FRA: GHG) (OTC: GBHPF) and Marijuana Company of America, Inc. (MCOA) Post Update on CBD Hemp Farm Operations

British Columbia-based hemp cultivation company Global Hemp Group (CSE: GHG) (FRANKFURT: GHG) (OTC: GBHPF) and joint venture partner Marijuana Company of America, Inc. (OTC: MCOA) this morning provided an update on the partner’s CBD hemp farming project in Scio, Oregon. Among other highlights, the companies said that garden operations are ongoing at the farm, the initial nursery and propagation rooms has been expanded to an additional attached greenhouse to produce clones for planting in the current season, and an additional 20,000 high yielding CBD hemp clones are being purchased to meet the early June targeted planting schedule. The companies have also purchased five additional greenhouses to increase greenhouse space by 12,096 sq. ft. and are assessing other greenhouse technologies to expand indoor cultivation space to supplement its perpetual harvest model square footage. Additionally, the companies are presently looking into a field analytics software application to optimize farming operations through data collection and analysis. “The Scio Oregon high yielding CBD hemp project is something that we have been working on putting together most of this year. It’s great to see that the project is now officially underway, and we look forward to sharing pictures and results of the operation as we go forward,” Global Hemp Group president Charlie Larsen stated in the news release.

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