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New Green Hemp Inc., established in 2013 and headquartered in Tallahassee, Florida, specializes in the cultivation and sale of various hemp products. The company adopted its current name in December 2024, having previously operated under the name Galenfeha, Inc.
New Green Hemp, Inc. (OTC: NGHI) Announces Strategic Vision Following EcoGreen Biotech Acquisition
New Green Hemp announced the integration of its subsidiary EcoGreen Biotech, marking a strategic pivot toward advanced materials and sustainable plastics alternatives.
The company is developing patent-pending biomaterial technologies using hemp feedstocks for manufacturing applications like 3D printing and injection molding.
Management stated it is pursuing potential collaborations with academic institutions, though no specific agreements or financial metrics were disclosed.