What Global Hemp Group does

Global Hemp Group Inc. is a Canadian micro-cap public company (CSE: GHG; OTCQB: GBHPF; FRA: GHG0) headquartered in North Vancouver, founded in 2009 by Charles Larsen, that operates two business segments: an Industrial Hemp division focused on environmental applications of hemp (carbon-negative construction materials, hempcrete blocks, sustainable bio-energy, and a 2025 extension into 3D-printed housing); and a Health & Wellness / Biopharma division that holds an exclusive perpetual license to four Apollon Formularies pharmaceutical patents covering cancer and inflammation treatments using cannabinoids, functional mushrooms and psychedelic mushrooms. The company also holds a 15% interest in Serres Thériault (2021) Inc. (STI), a Health Canada–licensed, vertically integrated cannabis operator in New Brunswick, with an option to acquire 100% of STI by June 3, 2026.

GHG generates revenue, in principle, through vertically integrated cannabis product sales (dried cannabis, extracts, edibles, topicals, plants and seeds) to provincial retailers such as Cannabis New Brunswick and through a Farmgate store; through industrial hemp cultivation (35 acres with Groupe Savoie) for hurd, fibre and biomass energy; through sublicensing of Apollon IP to licensed manufacturers, distributors and retail partners in the US and Canada; and potentially through carbon-credit participation from biochar. The company is also pursuing a HAIZ (Hemp Agro-Industrial Zone) replicable model and R&D in Querétaro, Mexico, for hemp-fibre and rice-husk construction materials under Prof. Víctor M. Castaño.

The company has 1–10 employees, has not disclosed a specific revenue figure, has reported negative EBITDA across the 2019–2023 period, and has been operating since January 29, 2025 under a BCSC Management Cease Trade Order and since April 15, 2025 under a Failure-to-File Cease Trade Order tied to delayed audited financial statements. Capital has been raised through a series of small, dilutive non-brokered private placements in 2025 ($90K closed, $300K, $434K and $400K proposed) and through debt-for-shares settlements totalling approximately $314K.

Name

Global Hemp Group

Legal name

Global Hemp Group Inc.

Website

https://globalhempgroup.com

Company type

Public

Founded year

2009

Operating status

Operating

Headcount range

1–10 employees

Short description

Global Hemp Group Inc. is a Canadian micro-cap public company operating in industrial hemp (construction materials, bio-energy, 3D-printed housing) and biopharma (exclusive perpetual license to Apollon's cannabis- and mushroom-based cancer/inflammation patents), with a 15% stake and acquisition option in Health Canada–licensed cannabis operator Serres Thériault.

Ownership category

akta.pro rank

Product category

Industrial Hemp and Biopharma (Cannabis-Based Therapeutics)

NAICS

Tobacco Manufacturing (31223), Medicinal and Botanical Manufacturing (325411), Drugs and Druggists' Sundries Merchant Wholesalers (424210)

SIC

Tobacco Products (2100), Medicinal Chemicals & Botanical Products (2833), Patent Owners & Lessors (6794)

akta.pro primary industry

Industrial Hemp Farming (Fiber-Grade) (AFAGAFAC)

akta.pro secondary industries

Hemp & CBD Product Wholesale Distribution (CRAOAIAG), CBD/Hemp Specialty Stores (Tinctures, Oils, Edibles) (CRANAHAA), CBD/Hemp Wellness & Supplements Retail (CRANAHAC)

Keywords

• Industrial hemp cultivation
• Hemp-based construction materials
• Cannabis biopharma licensing
• Carbon-negative building solutions
• Sustainable biomass energy

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Technology or R&D, Personnel, Marketing or Sales, Supply Chain, Others

Revenue model

1. Cannabis Product Sales: STI operates as a vertically integrated cannabis operator selling dried cannabis, fresh cannabis, cannabis topicals, extracts, edibles, plants and seeds to provincial retailers and through Farmgate retail store. 21 product SKUs actively listed for sale with Cannabis New Brunswick.
2. Hemp Cultivation and Processing: 35 acres of industrial hemp cultivated as part of strategic alliance with Groupe Savoie for proof of concept using hemp biomass for sustainable energy. Revenue from hemp hurd and fibre for construction materials, bio-composites, textiles.
3. IP Licensing and Sublicensing: Exclusive perpetual license to Apollon patents covering cancer treatments using cannabinoids, functional mushrooms, psychedelic mushrooms and combinations. Company sublicenses IP to licensed manufacturers, distributors and retail partners in US and Canada for near-term sublicensing revenue.
4. Private Placement Financing: Non-brokered private placement financing to raise capital for operational expenses and filing obligations. Units consist of common shares and warrants.
5. Carbon Credits: Sourcing equipment for biochar development in collaboration with STI to capture highest value with carbon credit participation. Hemp cultivation acts as powerful carbon sink.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Global Hemp Group develops and commercializes industrial hemp applications for construction materials (hempcrete blocks, novel MDF-replacement composites, EcoHome roof tiles, 3D printed houses) and sustainable bio-energy (hemp biomass torrefaction and pelletization) through its HAIZ (Hemp Agro-Industrial Zone) model. It also holds exclusive perpetual licenses to Apollon Formularies' IP for cancer treatments using cannabinoids, functional mushrooms, and psychedelic mushrooms, sublicensing these patents to licensed manufacturers and distributors in North America and the EU. The company additionally holds an exclusive option to acquire Serres Thériault (2021) Inc., a vertically integrated cannabis operator with 8.6 acres of cultivation, processing, packaging, sales licenses, and a Farmgate retail operation in New Brunswick.

Product overview

Global Hemp Group operates two core business segments: Industrial Hemp and Health & Wellness (Biopharma). The Industrial Hemp division encompasses the Hemp Agro-Industrial Zone (HAIZ) concept, which includes hemp-based construction materials (hempcrete blocks, 3D printed houses), sustainable bio-energy products, and R&D for novel construction materials. The Biopharma division holds exclusive licensing to Apollon Formularies' patents for cancer treatments using cannabinoids, functional mushrooms, and psychedelic mushrooms. The company also holds an exclusive option to acquire Serres Thériault, a vertically integrated cannabis operator with hemp focus in New Brunswick. GHG's R&D Division, led by Prof. Víctor M. Castaño, develops patented technologies for hemp-based eco-friendly construction materials.

Differentiator

Problem solved

Functional benefit

Products and services

• STI Cannabis Product Supply (Dried Cannabis, Fresh Cannabis, Edibles, Extracts, Topicals, Plants, Seeds) Vertically integrated supply of dried cannabis, fresh cannabis, cannabis topicals, extracts, edibles, plants, and seeds produced by Serres Thériault (2021) Inc. under Health Canada Micro Processing, Packaging, and Sales licenses. Sold to provincial retailers (e.g., 21 active SKUs listed with Cannabis New Brunswick) and through the Farmgate retail store (Pinnacle Farms).
• Hempcrete Building Blocks Carbon-negative building material made from hemp hurd and water mixed with hydrated and hydraulic lime, used in affordable housing construction projects in Quebec, Canada. A single hempcrete house captures at least 8t CO2e while avoiding 62t CO2e versus conventional materials.
• Novel MDF-Replacement Building Material (Hemp Fibre + Rice Husks) R&D-stage novel building material utilizing hemp fibre chemically modified to increase mechanical performance, combined with rice husks to create a replacement for Medium-Density Fibreboard (MDF). Developed by Prof. Castaño and the R&D team in Querétaro, Mexico.
• EcoHome Roof Tiles Roof tiles made from rice husk and resins, marketed and installed in Mexico. Patented eco-friendly sustainable construction technology by Prof. Castaño and the R&D team.
• 3D House Printing Technology Next-generation 3D house printing technology that is considerably less costly to develop, lighter, easier to transport, simpler and quicker to set up and take down, and does not require level setting to operate. The R&D Division is exploring hemp fibre in the printer mixture. Commercialized via a Commercialization Agreement signed in March 2025.
• Apollon Patent Portfolio Sublicensing (Cancer Treatments) Exclusive perpetual license to four key Apollon Formularies patents covering cancer treatments using natural biologics including medical cannabis, functional mushrooms, and psychedelic mushrooms. Sublicensed to legally licensed manufacturers, distributors, and retail partners in the United States and Canada. Exclusive perpetual license covers North America (US, Canada, Mexico) plus EU for composition patents.
• Hemp Biomass Sustainable Energy Products (Torrefied Pellets and Briquettes) Sustainable biomass energy products produced by torrefaction of hemp biomass and densification through pelletization and briquetting. Hemp biomass has similar calorific value to wood with higher density, reduced moisture, improved storage stability, and enhanced transportability. Produced through the alliance with Groupe Savoie in New Brunswick.
• Farmgate Retail Store – Pinnacle Farms Onsite Farmgate retail store in New Brunswick operated under STI's Health Canada sales license, providing exclusive distribution of products manufactured by STI to walk-in retail consumers.

Quantifiable outcome

• Captures at least 8t CO2e in building while avoiding 62t CO2e compared to conventional materials
• +3 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature4 records

Partnerships

Eight partnerships are on record, tiered growth, core and minor.

• 3D House Printing Technology DevelopergrowthTechnology or Integration · 18 March 2025Commercialization Agreement with developer of next generation 3D house printing technology. The technology offers advantages over existing systems: considerably less costly to develop, lighter, easier to transport, simpler and quicker to set up and take down, and does not require level setting. GHG also exploring hemp fibre in printer mixture.
• Apollon Formularies PlccoreOEM/ Whitelabel/ Licensing Partner · 15 January 2024GHG acquired exclusive perpetual license to Apollon IP including four key patents for cancer treatments using natural biologics (cannabinoids, functional mushrooms, psychedelic mushrooms). License covers North America (US, Canada, Mexico) plus EU for composition patents. Apollon is a UK-based pharmaceutical company using AI-based drug discovery platform. GHG has engaged Dr. Stephen D. Barnhill MD, creator of the IP and Chairman & CEO of Apollon, as Special Medical Advisor.
• Serres Thériault (2021) Inc. (STI)coreStrategic or Co-development Partner · 11 January 2024Amended Exclusive Option Agreement provides GHG with 15% interest in STI and clear pathway to acquire this vertically integrated cannabis operator with additional focus on hemp. Option term extended to June 3, 2026. STI holds Health Canada licenses, operates 8.6-acre compound with Farmgate retail, and has strategic alliance with Groupe Savoie. GHG to assume $1.6M in debts/liabilities if option exercised.
• Université de SherbrookeminorStrategic or Co-development Partner · 1 January 2024Discussions underway with university's department of civil engineering to find suitable substitute to hydraulic lime for hempcrete production. Partnership to support R&D for alternative materials in sustainable construction.
• Groupe SavoiecoreStrategic or Co-development Partner · 1 January 2023Strategic alliance with Groupe Savoie, a leading pellet manufacturer in New Brunswick, for cultivation of 35 acres of industrial hemp. Collaboration utilizes hemp biomass for proof of concept as sustainable energy source. Focus on torrefaction of biomass and densification through pelletization and briquetting for commercialization in European markets.
• Innov-Habitat-Victo (IHV)coreStrategic or Co-development Partner · 1 January 2023Municipal housing authority created in 2023 by Victoriaville's housing authority as non-profit dedicated to acquiring, renovating or building affordable housing. Initial funding provided by Desjardins cooperative movement. GHG partnering on pilot project for three-apartment building using hempcrete blocks with carbon-negative concrete floors.
• BGA-Achitectes (Bourassa Gaudreau & Associés Architectes)coreStrategic or Co-development Partner · 1 January 2023Architectural firm with 30+ years experience in durable construction, use of natural or non-polluting materials and energy efficiency. Partnering with GHG on affordable housing project using hempcrete blocks. Provides project management services for sustainable building projects.
• ALTE Engineering CooperativecoreImplementation/ SI/ Consulting Partner · 1 January 2023Engineering cooperative dedicated to design and implementation of alternative and affordable technologies in development of energy efficient and environmentally sound building projects. Part of core team implementing HAIZ project in Quebec.

Scale indicators14 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Pyxus International: Specialty agricultural processor with industrial hemp and cannabinoid operations after restructuring from Alliance One. Comparable as a public small-cap with diversified hemp/cannabis exposure, agricultural processing, and capital-constrained growth profile.
• OrganiGram Holdings: Canadian licensed cannabis producer with provincial distribution across multiple provinces and a focus on cost-efficient cultivation — a useful peer for understanding the economics of single-province operators scaling nationally.
• Canopy Growth Corporation: Major Canadian licensed cannabis producer with provincial retail distribution, similar to GHG's STI operation. Comparable in pursuit of cannabis biopharma adjacencies and downstream product diversification.
• Aurora Cannabis: Canadian vertically integrated cannabis cultivator and product manufacturer serving provincial retailers. Directly comparable in SKU breadth, wholesale-to-provincial-retailer model, and exposure to small-cap Canadian cannabis economics.
• Cronos Group: Canadian cannabis company with a strategic biopharma focus and cannabinoid-based R&D, analogous to GHG's Apollon IP and medicinal-cannabis positioning. Listed on Nasdaq and TSX with similar micro-cap volatility profile.
• Tilray Brands: Canadian-headquartered cannabis operator with cultivation, processing, and distribution plus a biopharma division. Closest large-cap analog to GHG/STI's vertically integrated cannabis business plus Apollon-style pharma IP strategy.

Emerging players

• Icon (3D printed homes): US-based developer of 3D-printed residential construction technology, including multi-storey homes. Directly comparable to GHG's 3D house printing commercialization agreement; both target the housing affordability and speed-to-build problem.
• CarbonCure Technologies: Canadian cleantech company injecting CO2 into concrete for carbon-negative building materials. Comparable to GHG's hempcrete carbon-negative positioning and target market of affordable housing developers and government construction projects.

Broad incumbents

• Jazz Pharmaceuticals (GW Pharmaceuticals): Owns the Epidiolex franchise (cannabinoid-derived FDA-approved therapy) following its acquisition of GW Pharmaceuticals. The most prominent example of cannabinoid IP being commercialised at scale, illustrating the upside pathway for GHG's Apollon cancer-treatment IP if sublicensed successfully.

Regional players

• HempFlax: European industrial hemp cultivator and processor producing fibre, hurd, and shives for construction, automotive, and textile applications. Comparable to GHG's HAIZ model of hemp cultivation-to-processing, though operating primarily in the Netherlands/Germany/France rather than North America.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/Hemp_Global

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Global Hemp Group