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Home Cannabis

Gunpowder Capital Corp. (CSE: GPC) (OTCQB: GNPWF), Enters into a Strategic Relationship with Hemp Inc., (OTC Pink: HEMP) with the Purpose of Entering into the Industrial Hemp Industry in the United States

by admin
March 1, 2019
in Cannabis, Financials
0
Gunpowder Capital Corp CSE GPC OTCQB GNPWF Hemp Inc OTC Pink HEMP Strategic Relationship News

Gunpowder Capital Corp CSE GPC OTCQB GNPWF Hemp Inc OTC Pink HEMP Strategic Relationship News

Toronto, ONT, Canada —
This release includes additional documents. Select the link(s) below to view.
GPC-2019-07.pdf

Gunpowder Capital Corp., (CSE: GPC), (CSE: GPC.PR.A), (OTCQB: GNPWF), (Frankfurt: YS6N), (“Gunpowder” or the “Corporation”) is very pleased to announce that it has entered into a strategic relationship with Hemp Inc., (OTC Pink: HEMP) of Las Vegas Nevada with the purpose of entering into the Industrial Hemp industry in the United States.

Under the terms of the agreement, Hemp Inc., and Gunpowder will both make strategic investments in each other and then explore various opportunities in the United States that Hemp Inc., will be bringing forward to Gunpowder.

Hemp Inc., will immediately issue to Gunpowder Twenty Four Million (“24,000,000”) Common Shares of Hemp Inc., and Gunpowder in return shall issue Fifteen Million (“15,000,000”) Common Shares of Gunpowder to Hemp Inc.

The two partners have already started exploring various opportunities and the two parties may make additional investments in each other based on the success of the relationship.

Mr. Paul Haber stated: “We are extremely pleased to have entered into this strategic relationship with Hemp Inc. The 2018 Farm Bill changed federal policy regarding industry hemp, including the removal of hemp from the Controlled Substances Act and the consideration of hemp as an agricultural product. Because of this, we see industrial hemp becoming a huge market in the USA with multiple applications. We have watched industry space for some time, waiting for the appropriate time to enter this lucrative and fast growing market. We have chosen Hemp Inc., to speed our entry into the US market with its potential benefits to our shareholders.

About Hemp Inc.

Hemp, Inc. (OTC Pink: HEMP) was founded in 2008. The company’s long-term goal is to be the leader in the industrial hemp industry in America, which is now estimated to be over $500 Million. Hemp, Inc.’s mission is to provide green solutions that help make the world a better place to live. We support products that are eco friendly, organic, healthy, and solutions that replace many petroleum-based products. In a forward thinking move, Hemp, Inc.’s wholly owned subsidiary Industrial Hemp Manufacturing, LLC purchased the largest decortication plant in North America, which is located in Spring Hope, North Carolina. The plant is housed in an 85,000 square foot warehouse. For more information please visit www.hempinc.com

About Gunpowder Capital Corp.

Gunpowder Capital Corp., is a merchant bank and advisory services firm based in Toronto, Ontario, Canada. Gunpowder invests in both publicly traded and private businesses that have successful management teams and attractive economic models. Gunpowder partners with these businesses to support their growth initiatives with its proven methodology of appropriate financing and structured exits. Gunpowder offers debt financing, including mezzanine and bridge loans, equity financing and advisory services. Gunpowder is also building a portfolio of companies in which it takes a long term position and view. For more information please visit www.gunpowdercapitalcorp.com

Forward-Looking Statements

Information set forth in this news release may involve forward-looking statements under applicable securities laws. The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Corporation disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although Management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein and accordingly undue reliance should not be put on such. Neither CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

Disclaimer:

Spotlight Growth is compensated, either directly or via a third party, to provide investor relations services for its clients. Spotlight Growth creates exposure for companies through a customized marketing strategy, including design of promotional material, the drafting and editing of press releases and media placement.

All information on featured companies is provided by the companies profiled, or is available from public sources. Spotlight Growth and its employees are not a Registered Investment Advisor, Broker Dealer or a member of any association for other research providers in any jurisdiction whatsoever and we are not qualified to give financial advice. The information contained herein is based on external sources that Spotlight Growth believes to be reliable, but its accuracy is not guaranteed. Spotlight Growth may create reports and content that has been compensated by a company or third-parties, or for purposes of self-marketing. Spotlight Growth was not compensated for the creation and dissemination of this content.

This material does not represent an investment solicitation. Certain statements contained herein constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may include, without limitation, statements with respect to the Company’s plans and objectives, projections, expectations and intentions. These forward-looking statements are based on current expectations, estimates and projections about the Company’s industry, management’s beliefs and certain assumptions made by management.

The above communication, the attachments and external Internet links provided are intended for informational purposes only and are not to be interpreted by the recipient as a solicitation to participate in securities offerings.  Investments referenced may not be suitable for all investors and may not be permissible in certain jurisdictions.

Spotlight Growth and its affiliates, officers, directors, and employees may have bought or sold or may buy or sell shares in the companies discussed herein, which may be acquired prior, during or after the publication of these marketing materials. Spotlight Growth, its affiliates, officers, directors, and employees may sell the stock of said companies at any time and may profit in the event those shares rise in value. For more information on our disclosures, please visit: https://spotlightgrowth.com//disclosures/

Tags: CanadacannabisCBDCBD oilcommon stockCSEemerging growthGNPWFGPCGunpowder CapitalGunpowder Capital Corphemphemp oilhemp stocksinvestinginvestmentmarijuana stocksmedical cannabismedical marijuanamicrocap stocksMJMJ newsnewsotc marketsOTCQBpot stockspublic companysalesservicessmall cap companiessmall cap stockssmall capsSpotlight GrowthSpotlight Growth Stocksstock marketstockstradingtreatment
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