Business
Global Hemp Group Completes Due Diligence on 664 Acre Property and Initiates Detailed Design Strategies for Its Planned Green Community in Hayden Colorado
(TheNewswire) Vancouver, BC – TheNewswire - September 24, 2021...
About this update from Global Hemp Group, Inc.
[{"type":"text","content":"Global Hemp Group Completes Due Diligence on 664 Acre Property and Initiates Detailed Design Strategies for Its Planned Green Community in Hayden Colorado\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n Vancouver, BC –\n \n \n TheNewswire\n \n \n - September 24, 2021 -\n \n \n GLOBAL HEMP GROUP INC. (“GHG” or the\n“Company”)\n \n \n (\n \n \n \n \n CSE:GHG\n \n \n \n \n \n )\n \n \n \n /\n \n \n (\n \n \n \n \n OTC:GBHPF\n \n \n \n \n \n \n )\n \n \n \n \n \n \n /\n \n \n (\n \n \n \n \n FRANKFURT:GHG\n \n \n \n \n ) /\n \n \n (CNSX:GHG.CN)\n \n \n is pleased\nto\n \n \n announce that Management has completed its\nfinal due diligence on its latest\n \n \n strategic\n \n \n land acquisition, a 664 acre parcel\n \n \n for its Planned Green Community in Hayden, Colorado.\n \n \n \n \n With the completion of the due diligence, the\n \n \n US$200,000\n \n \n e\n \n \n arnest money that had previously been advanced on the\ncontract\n \n \n (for further details\nsee the\n \n \n \n \n GHG\nnews release of September 7, 2021\n \n \n \n \n )\n \n \n has become\nnon-refundable. The next step in the transaction requires the vendors\nto put the title deed to the property in escrow with the Title\nCompany, which will give the Company equitable title on to the\nacreage. Upon completion of this next step, the purchase will be\nscheduled for closing with final payments payable on or before April\n1, 2022.\n \n \n \n \n In collaboration with Western Sierra Resource\nCorporation (OTC:WSRC), this Planned Green Community is a\n“vertically integrated” project and contemplates the beneficial\nuse of substantial existing water resources to cultivate irrigated\nindustrial hemp; process the hemp in the on-site manufacturing of\ngreen renewable construction products; and finally, to build\naffordable carbon neutral/carbon negative housing – all in one\nlocation under the Company’s Master Plan.\n \n \n \n \n ADDING TO THE TEAM OF LOCAL\nPROFESSIONALS\n \n \n \n \n Human resources are a critical component of the\nCompany’s Planned Green Community in Hayden Colorado. The continued\nand long-term expansion of this extensive project presents unique\ncareer opportunities for the local community. With innovative system\ndesigns to be implemented in agriculture, engineering, hydrology,\nengineer...