Business
Harvest Underway at Global Hemp Group's CBD Hemp Poject in Scio, Oregon
(via TheNewswire) Vancouver, BC / TheNewswire / October 2, 2018 -- GLOB...
About this update from Global Hemp Group, Inc.
[{"type":"text","content":"Harvest Underway at Global Hemp Group's CBD Hemp Poject in Scio, Oregon(via TheNewswire)\n \n \nVancouver, BC / TheNewswire / October 2, 2018 -- GLOBAL HEMP GROUP INC. (\"GHG\" or the \"Company\") (CSE: GHG / OTC: GBHPF / FRANKFURT: GHG) and its joint venture partner Marijuana Company of America, Inc. (OTC: MCOA) (the \"Partners\") are pleased to provide an update on their high yielding CBD hemp project in Scio, Oregon.\n\n \n \nHarvest \n\n\n \n\n\n\nClick Image To View Full Size\n\n\n\nHarvest has begun at the farm. Over the next 10 days the team in Scio will harvest this year's crop, which consists of approximately 36,000 high yielding CBD hemp plants that were grown in an orchard style cultivation on 33 acres. The team planted six different cultivars this year to determine which would be the optimal hemp variety to grow in the coming year. The team continues to evaluate hemp cultivars that will provide higher CBD yields and a reduced flowering period, which will allow the team to complete the harvest earlier in the year prior to the fall rains.\n\n\n\n \n \nPreparation for Extraction\n\n\n \nOnce the hemp is harvested, it will be dried in preparation for storage prior to processing. Drying this season will take place in the project's four recently completed greenhouses on the farm and will utilize a traditional hanging method, as well as testing an innovative rack drying system. Prior to next season's harvest, the Partners will construct a permanent drying facility on site. Once the hemp is dried to a 10-12% moisture content, it can be stored with little or no cannabinoid/plant matter degradation, prior to extraction. \n\n \n \n\n\n\nClick Image To View Full Size\n\n\n\nGreenhouses\n\n\n\n \n \nThe team has now completed the setup of the first four of five greenhouses, giving the project 15,000+ sq. ft. of active greenhouse space for its drying and cloning operations. A fifth greenhouse (already purchased) will be installed after the drying of this year's crop is complete. This will increase the active greenhouse space at the project to over 19,000 sq. ft. An additional 20,000 sq. ft. of greenhouse space will be purchased in October as part of further project expansion, with the vision of implementing a year-round perpetual harvest model to enhance revenue generation and cash flow, and increasing the size of the cloning oper...