Vancouver, BC – TheNewswire - February 26, 2021 - GLOBAL HEMP GROUP INC. (“GHG” or the “Company”) (CSE: GHG / OTC: GBHPF / FRANKFURT: GHG) is pleased to announce that it has signed a Research Collaboration Agreement with Aramat Querétaro (“Aramat”), an organization focused on the recognition of the substantive rights of cannabis users and legal cannabis and hemp cultivator in Mexico. The collaboration is the next step in GHG’s vision of expanding its Research Division in Mexico.

 

*AUDIO: President and CEO Curt Huber says Amarat Queretaro is ideally suited to fast-track real-testing of Global Hemp Group’s growth-through-to-construction;

 

  

With the immanent legalization of cannabis and hemp in Mexico, hemp material (hurd and fibre) will become more readily available for GHG’s research team to utilize in its ongoing development of environmentally friendly hemp-based building materials that will be utilized at the Company’s Colorado Hemp Agro-Industrial Zone and/or widely marketed.

 

In addition to the ongoing sharing of knowledge and expertise relating to hemp between the parties, Aramat has committed to grow industrial hemp to supply the R&D Division with hemp hurd and fibre for its ongoing research. The Company is currently sourcing a number of different varieties of industrial hemp seed that will be tested in an initial 1-2 hectare cultivation. GHG and Aramat are currently evaluating a number of proposed locations based on climate, soil and general growing conditions. A final location will be determined shortly.

 

This collaboration is part of the Company’s bigger vision to expand its collaboration partners while furthering development of Intellectual Property that can be patented, utilized by the Company and or marketed to the industry.

 

Aramat Querétaro

Aramat Querétaro is a civil organization, headquartered in the state of Querétaro, that is focused on the recognition of the substantive rights of cannabis users relating to recreational, medicinal and industrial cannabis. The club’s Mission is to promote health, legality, training and development in all aspects of cannabis. Prior to the organization’s official formation, Francisco Gerardo Martínez Ramos, Founder and President of Aramat Querétaro, first saw the need to study different treatments derived from cannabis aimed at helping patients with epilepsy.

 

Initially the group started out by having private events, with restricted access to close friends and relatives who sought to inform and express themselves and share their knowledge and experiences. Then in 2017 the group organized the first “Aramat Querétaro Cannabis Meeting", an event that has been held every year since, except for 2020 due to the ongoing pandemic. In 2019, the event was held at the Autonomous University of Querétaro, where it was free, open to the public, and had speakers from the medical, scientific, psychological and legal communities.

 

The group is made up of experts in the law, agriculture, biology, engineering, crop development and greenhouses, and have been providing comprehensive services for the preparation and development of cannabis projects. They have been establishing collaborations with doctors and pain clinics for consultation and participation of these experts in their public events which include interviews on local radio stations and in forums public. They have been working on the development of protocols, regulations and implementation of Mexican standards with Mexican companies that are committed to this new industry. In 2019 another facet emerged from the organization with the creation of the Aramat Cannabis Legal Consultancy. The Consultancy offers legal services in the areas of criminal, constitutional, administrative and corporate law to not only its members, but to the general public.

 

The group has derived great pleasure from the opportunity to share their knowledge with many communities in regions throughout the country. This has allowed Aramat Querétaro to develop projects that further the legal cannabis industry in Mexico. They have also been published in one the highest circulation cannabis related magazines in Latin America and Spain.

 

Francisco Gerardo Martinez Ramos, President of Aramat Queretaro stated, “We are a small club in the number of members, but large, due to the principles, values and professional knowledge of each one.”

 

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About Global Hemp Group Inc.

Global Hemp Group Inc. (CSE: GHG / OTC: GBHPF / FRANKFURT: GHG), is focused on a multi-phased strategy to build a strong presence in the industrial hemp industry the United States. The Company is headquartered in Vancouver, British Columbia, with hemp cultivation operations in the state of Oregon. The current phase of the strategy focuses on the development of “sustainable” and “green” value-added industrial hemp products utilizing the processing of the entirety of the hemp plant, as envisioned in the Colorado Hemp Agro-Industrial Zone (HAIZ) project. In addition, Global Hemp Group has established a Research and Development Division to actively pursue the development of Intellectual Property that can be patented and implemented in the hemp and/or building industry, and in particular at Company’s Colorado HAIZ. The Division will be headed by Prof. Víctor M. Castaño, Ph.D. from the National Autonomous University of Mexico, a recognized leader in areas of applied science and technology. The R&D team brings an amazing wealth of knowledge and experience in multiple disciplines and will initially focus on development of Environmentally-Friendly Construction Materials, Nanofertilizers and Enhanced Extraction from Hemp.

For Further Information Contact Global Hemp Group

Tel: 424-354-2998

info@globalhempgroup.com

https://globalhempgroup.com

Cautionary Note Regarding Forward Looking Statements

Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of Global Hemp Group Inc., including, but not limited to the impact of general economic conditions, industry conditions, volatility of commodity prices, currency fluctuations, dependence upon regulatory approvals, the availability of future financing and exploration risk, the legality of cannabis and hemp. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. Except as required by law, Global Hemp Group Inc. disclaims any intention and assumes 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, changes in factors affecting such forward looking statements or otherwise.

 

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.