- CEO
- Shawn Balaghi
- Full Time Employees
- 8
- Sector
- Healthcare
- Industry
- Drug Manufacturers - Specialty & Generic
- Address
- 870 E Research Dr Palm Springs CA United States of America 92262
- IPO Date
- Sep 1, 2022
- Business
- The Hempshire Group, Inc. (TSXV:HMPG) produces and markets non-tobacco, non-nicotine smokable hemp alternatives under the MOUNTAIN Smokes brand, formulating premium organic products including full-flower hemp smokes in 12 SKUs such as Natural, Mint Squeeze with essence capsule, and Pineapple Squeeze flavors featuring varying cannabidiol (CBD) levels below 0.3% THC; the lineup also incorporates organic mullein, organic sage, and other botanicals in sticks resembling traditional cigarettes for direct-to-consumer sales via its website and select distribution channels. The company offers white-labeling and contract manufacturing services for third-party hemp smoke brands, targets tobacco smokers, CBD users, and health-conscious consumers seeking nicotine-free options, and operates primarily in the United States with international reach in Europe and prior sales in South Africa through logistics partnerships. Headquartered in Calgary, Alberta, Canada, with operational ties to Palm Springs, California, The Hempshire Group resulted from a 2022 business combination with Hoist Capital Corp. and subsequent TSX Venture Exchange listing; recent developments include a 2023 note financing and incentive plan approvals, debt settlements, U.S. performance-based retail partnerships, European Union market entry via exclusive distributors in Belgium, and leadership changes with Shawn Balaghi appointed CEO in 2024 alongside updates to the management team comprising CFO Kevin Bautier and COO Brad Kersch.