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Global Hemp Group Secures 664 Acre Property Locking Up Remaining Strategic Land Required for Long Term Development of its Planned Green Community in Hayden Colorado
(TheNewswire) Vancouver, BC - TheNewswire - August 23, 2021 - GLO...
About this update from Global Hemp Group, Inc.
[{"type":"text","content":"Global Hemp Group Secures 664 Acre Property Locking Up Remaining Strategic Land Required for Long Term Development of 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 August 23, 2021 -\n \n \n GLOBAL HEMP GROUP INC. (“GHG” or the\n“Company”)\n \n \n (\n \n \n C\n \n \n \n NSX\n \n \n \n :GHG\n \n .\n \n CN)\n \n \n (\n \n \n OTC:GBHPF\n \n \n \n )\n \n \n \n (\n \n \n FRANKFURT:GHG\n \n \n )\n \n \n announces that in accordance with targeted objectives for the\nHEMP AGRO-INDUSTRIAL ZONE (HAIZ) project, a third acquisition contract\nfor 664 acres of contiguous land is now fully executed. This brings\nthe current total land assemblage to 874+ strategic acres closed or\nunder definitive contract by the Company for development of the HAIZ\nproject in the northwestern Colorado town of Hayden.\n \n \n \n \n The Company’s first acquisition was the 44+ acre\nannexed and zoned industrial/commercial site\n \n \n (\n \n \n \n see the Company’s\nnews release of May 10 for further details\n \n \n \n )\n \n \n as the home for a\ncentralized processing/manufacturing center at its Hemp\nAgro-Industrial Zone (HAIZ) closed on June 15, 2021. The Company’s\nsecond acquisition was a 166+ acre annexed property for development of\naffordable housing, now under “hard” contract pending closing.\n \n \n This third contract\nencompassing 664 acres of the total 874-acre assemblage will expand\nGHG’s available hemp farming acreage in the near term and will\nprovide for the phased construction of affordable homes in the context\nof a Planned Unit Development (PUD) subject to approval by the Town of\nHayden.\n \n \n This 664-acre property is contiguous to\nthe 166 acre annexed land parcel\n \n \n (\n \n \n \n see the Company’s\nnews release of May 17 for further details\n \n \n \n )\n \n \n , making 830 acres\navailable for the development of affordable homes over the Company’s\n20+ year development horizon for the project.\n \n \n \n \n In collaboration with Western Sierra Resource\nCorporation (OTC:WSRC) this “vertically integrated” project\ncontemplates the beneficial use of substantial existing water\nresources to irrigate and cultivate industrial hemp; process and\nut...