New Green Hemp Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $119.0M
- Price
- $1.22
- % Change (Daily % change from the live per-ticker quote feed.)
- +23.11%
- Volume
- 118
About
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.
Quick stats
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Key info
SectorEnergy
IndustryOil & Gas Equipment & Services
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001574676
Websitehttps://galenfehainc.com
AI Summary
AI-generated1/2
minorneutralexecutive change
New Green Hemp Announces Leadership Realignment, EcoGreen Development Priorities and Capital Planning Update
New Green Hemp's board approved a leadership realignment effective August 13, 2026: CEO Travis Cockerham took on the interim CFO role, Michael C. Minardi was named President, and Tracy S. Anderson and Archibald Lowe stepped down from their officer and director positions.
Subsidiary EcoGreen Biotech is developing hemp-based bioplastics, composites, and construction formulations including spray insulation and potential 3D printing, plus exploratory work on insulation for battery enclosures and discussions involving New York housing developments.
All commercialization efforts remain subject to technical evaluation, commercial agreements, and available funding; university research collaborations and pilot-scale infrastructure are being pursued with no committed timelines.
The board also discussed financing alternatives and considered a potential forward stock split, but deferred a final determination and approved no split ratio or implementation date.
Red flags
- CEO assuming interim CFO role with no permanent CFO named
- two officers/directors (Tracy S. Anderson, Archibald Lowe) departed the company
- financing alternatives under discussion signal potential future capital raise
- forward stock split considered but not approved -- no ratio or date
- pre-commercialization stage: all opportunities contingent on funding, technical validation, and agreements