Thursday, May 12, 2011

BullnBear Group Guatemala in Joint Venture With The Hemp Network for New Products

The Hemp Network and CannaBANK Inc's (Pinksheets:MJNA - News) acquisition arm in the United States have joined forces with the BullnBear Group, S.A. of Guatemala City, Guatemala to provide hemp-related products from Guatemala into The Hemp Network's marketing platform. The joint announcement was made today from both San Diego, California (headquarters of CannaBANK) as well as from Guatemala City, Guatemala (home of the BullnBear Group, S.A.).

Guatemala is well known for its textile development and processing facilities but also for its indigenous group of workers who are talented in producing hand-weaved products. The BullnBear group, S.A. is in the process of contracting with a Guatemalan Government Charity program, known as the Cooperatives, who provide employment for these indigenous workers.

The BullnBear Group, S.A. has been selected by The Hemp Network to line up contractual arrangements to have end products manufactured and delivered to facilities in the USA. Here the worldwide efforts of The Hemp Network team will distribute to end consumers.

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