GHG Global Hemp Group Inc

NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED
STATES.


GLOBAL HEMP GROUP INC. ("GHG" or the "Company")
(CSE:GHG)(FRANKFURT:GHG)(PINKSHEETS:GBHPF) announces that it will be conducting
a non-brokered private placement of fifteen million units at a price of $.10 per
unit (the "Units") to raise an aggregate total of CAD$1,500,000.00 (the
"Financing"). The Company plans to have several tranches during this offering.


Each Unit will consist of one common share in the equity of GHG and one share
purchase warrant (the "Warrant"). Each Warrant entitles the holder to purchase
one additional common share at a price of $.15 per share for a period of thirty
six (36) months after the close of the financing. Any securities issued as a
result of this financing will be subject to a statutory hold period. 


The funds raised from the Financing will be used to pay for industrial hemp
inventory sourced from farmers, forward contracts for future raw material, a
planned acquisition transaction and working capital. There may be finder's fees
and finders warrants paid in relation to this financing. Finder's warrants will
bear the same terms and conditions as the Warrants. Completion of the Financing
is subject to the completion of formal documentation and may be subject to
regulatory approval.


On behalf of the Board of Directors

Charles Larsen, Chairman & CEO 

To view Global Hemp Group, Inc. on the Canadian Securities Exchange under symbol
GHG click HERE. 


To view Global Hemp Group, Inc. on the Boerse-Frankfurt Exchange/XETRA exchange
under symbol GHG click HERE. 


To view Global Hemp Group, Inc. on the OTC Markets in the United States under
symbol GBHPF click HERE.


This press release, required by applicable Canadian laws, is not for
distribution to U.S. news services or for dissemination in the United States,
and does not constitute an offer of the securities described herein. These
securities have not been registered under the United States Securities Act of
1933, as amended, or any state securities laws, and may not be offered or sold
in the United States or to U.S. persons unless registered or unless an exemption
from such registration is applicable.


Forward Looking Statements - Certain information set forth in this news release
may contain forward-looking statements that involve substantial known and
unknown risks and uncertainties. These forward-looking statements are subject to
numerous risks and uncertainties, certain of which are beyond the control of
Global Hemp Group Inc., including, but not limited to the impact of general
economic conditions, industry conditions, volatility of commodity prices,
currency fluctuations, dependence upon regulatory approvals, the availability of
future financing and exploration risk. Readers are cautioned that the
assumptions used in the preparation of such information, although considered
reasonable at the time of preparation, may prove to be imprecise and, as such,
undue reliance should not be placed on forward-looking statements. 


The Company believes that the expectations reflected in this news release are
reasonable including closing of the offering on the terms contemplated, but
actual results may be affected by a variety of variables and risks such as the
inability to obtain subscriptions on the terms proposed, loss of market, changes
in the equity markets in general, general economic conditions, timing of
applications and approvals as well as risks and variables associated in general
with the Company's industry.


The CNSX has not reviewed and does not accept responsibility for the adequacy or
accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Global Hemp Group Inc.
Direct: +1.604.592.6881
Frankfurt Office: +49.69.173 226 6672
www.globalhempgroup.com

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