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An update from Global Hemp ( (TSE:GHG) ) is now available.
Global Hemp Group Inc. announced a non-brokered private placement aiming to raise up to $434,000 to support general working capital. The company is also expanding its business by entering into a Commercialization Agreement for a next-generation 3D house printing technology, which promises to reduce construction costs and environmental impact. This move aligns with the growing demand for affordable and sustainable housing, with the 3D printed homes market expected to grow significantly in the coming years. Initial discussions with large residential builders have been positive, and further updates are anticipated once commitments are fulfilled.
More about Global Hemp
Global Hemp Group Inc. operates in the green industrial sector, focusing on the environmental applications of hemp, particularly in construction and sustainable bio-energy sources.
YTD Price Performance: 50.0%
Average Trading Volume: 120,872
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$728.7K
For an in-depth examination of GHG stock, go to TipRanks’ Stock Analysis page.