Vancouver, British Columbia--(Newsfile Corp. - March 25, 2014) - Global Hemp Group (CSE: GHG) (Frankfurt: ANI) is one of the latest new listings on the Canadian Securities Exchange, formerly known as the Canadian National Stock Exchange. Located in Surrey, British Columbia, the company was previous named Arris Holdings, and traded under the symbol AAF.
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Charles Larsen, CEO stated, "This name change is aligned with our global vision of bringing the many facets of the Global Hemp Industry under our umbrella. As the Global Hemp business expands, investors worldwide are looking at many companies in this sector, and as a fully reporting company, that is trading on multiple international exchanges, in the Hemp business we are pleased to provide a high level of transparency in all of our business activities."
Hemp, a variety of cannabis, is grown for the fiber and seeds. Hemp seeds can be eaten raw, ground into a meal, sprouted, made into hemp milk, prepared as tea, and used in baking. The fresh leaves can also be consumed in salads.
It had been illegal for anyone to grow hemp in the United States as hemp was illegal under the marijuana prohibition act, but since Colorado changed the laws, it has paved the way for industrial hemp production again in the United States. Since becoming legal to grow again in Canada, the crop has taken off and has become a booming multi-million dollar export.
Now hemp oils, hemp plastics, hemp building materials and many hemp fiber products can be seen and purchased on the market. Hemp is truly an amazing plant with the potential to help "green up" many industries.
Following the recent share split of 5 new for 1 old share, there are 117.9 million shares outstanding. The shares are currently trading at $0.12, which gives the company a capitalization of $14.1 million.
For more information please visit the company's website www.GlobalHempGroup.com, or contact Charles Larsen at 604-592-6881.
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