CALGARY, AB, June 10, 2024 /CNW/ - The Hempshire Group, Inc. (TSXV:HMPG) ("Hempshire" or the "Company") provides an update with respect to the management cease trade order (the "MCTO") issued by the Alberta Securities Commission (the "ASC") on May 9, 2024. The MCTO was issued in connection with the filing of its annual financial statements, management's discussion and analysis and related certifications for the financial year ended December 31, 2023 (collectively, the "Annual Filings"). The MCTO does not affect the ability of shareholders who are not insiders of the Company to trade their securities. The Company went through a CFO transition which has caused delays, however the Company is continuing to work on the steps required to complete the Annual Filings and its interim financial statements, management's discussion and analysis and related certifications for the three month period ended March 31, 2024 (the "Interim Filings") and expects to file the Annual Filings and the Interim Filings by