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Posted On: 06/01/2018 7:53:11 PM
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NetworkNewsBreaks – Global Hemp Group, Inc. (CSE: GHG) (FRA: GHG) (OTC: GBHPF) Acquires Equity Interest in Cash Crop Today Media, LLC
British Columbia-based hemp cultivation company Global Hemp Group (CSE: GHG) (FRANKFURT: GHG) (OTC: GBHPF) this morning announced that it has entered a purchase agreement with Cash Crop Today Media, LLC (“CCT”) to acquire a 50% equity interest in CCT. Per the terms of the agreement, Global Hemp Group will pay a total of $150,000 for its 50% interest in CCT, comprised of a cash payment of $60,000 and the issuance of 600,000 common shares to be delivered to CCT within 15 days of closing. The issued shares are subject to a customary one-year hold period. “Founder Dave Hill has been successful with similar models to Cash Crop in music and other industries, and we believe he will make Cash Crop Today the “go to” portal for investors in the hemp and cannabis space. We look forward to working with Dave and his associates and having them become a part of our GHG team,” Global Hemp Group CEO Charlie Larsen stated in the news release.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
British Columbia-based hemp cultivation company Global Hemp Group (CSE: GHG) (FRANKFURT: GHG) (OTC: GBHPF) this morning announced that it has entered a purchase agreement with Cash Crop Today Media, LLC (“CCT”) to acquire a 50% equity interest in CCT. Per the terms of the agreement, Global Hemp Group will pay a total of $150,000 for its 50% interest in CCT, comprised of a cash payment of $60,000 and the issuance of 600,000 common shares to be delivered to CCT within 15 days of closing. The issued shares are subject to a customary one-year hold period. “Founder Dave Hill has been successful with similar models to Cash Crop in music and other industries, and we believe he will make Cash Crop Today the “go to” portal for investors in the hemp and cannabis space. We look forward to working with Dave and his associates and having them become a part of our GHG team,” Global Hemp Group CEO Charlie Larsen stated in the news release.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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