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There are a number of companies that are public and private that one could invest in and there are also companies, such as Tinley Beverage, that has a foot in the legal hemp market as well as the legal marijuana market. Another interesting company is the Global Hemp Group Inc (CSE:GHG; OTC:GBHPF). According to their website:
Global Hemp Group (“GHG”) is a publicly traded company founded in 2012, headquartered in British Columbia, Canada with base operations in Montreal and Southern California. The Company is focused on the production and processing of hemp and collaboration with companies that will enable GHG to develop and implement the Hemp Agro-Industrial Zone concept. Through partnerships, joint ventures and acquisitions, the Company will capture cash flow, revenues and value, and establish a greater collective valuation.
GHG recently entered into an LOI with Marijuana Company of America, Inc (MCOA) and Space Cowboys Inc with the intent to create a Joint Venture. GHG and MCOA already have a joint venture between them. A review of the board of both companies reveals some common names. GHG, and by extension MCOA, are examples of companies seeking diversification and strategic relationships that should translate into shareholder value and therefore ROI. When you think of Hemp companies the investment niches are as diversified and broad are many broad indexes due to the many uses of hemp. Hemptech Corp (HTCO) is a good example of embracing the new world:
- GrowDroid Product Line and Artificial Intelligence.
- Developing the new global exchange for cannabis – blockchain
- “SmartEnergy” energy management systems – users can save
5% to 25% in utility expenses.
- Investing in Medical Marijuana Treatment Centers in FLA.