We’re back in penny stock territory. How many other listed cannabis / hemp companies will follow GHG once the initial cannabis bump has subsided.
Redmond Register reports..
Shares of Global Hemp Group (CNSX:GHG) reached a new 52-week low during mid-day trading on Friday . The company traded as low as $0.02 and last traded at $0.03, with a volume of 71000 shares trading hands. The stock had previously closed at $238,899.00.
The business has a 50 day simple moving average of $0.03 and a 200-day simple moving average of $0.04.
About Global Hemp Group (CNSX:GHG)
Global Hemp Group Inc (GHG), headquartered in Vancouver, British Columbia, Canada, with base operations in Montreal and Los Angeles, was founded in 2014. The Company is focused on a multi-phased strategy to build a strong presence in the industrial hemp industry in both Canada and the United States. The first phase of this strategy is to develop hemp cultivation with the objective of extracting cannabinoids (CBD, CBG, CBN & CBC) and creating a near term revenue stream that will allow the Company to expand and develop successive phases of the strategy.