TORONTO, ON / ACCESSWIRE / December 9, 2019 / California Gold Mining Inc. (“California Gold” or “CGM” or the “Company”) (CSE: CGM) (OTC-QX: CFGMF) is pleased to provide the following updates regarding its operations: California Gold’s President and CEO, Mr. Vishal Gupta stated, “We are delighted that despite our recent entry into the high-CBD hemp space and the prevalent industry-wide price compression, CGM is well-positioned to post a healthy operating profit in Q1 2020. The completion of our crop harvest in Illinois, and partnership with an industry-leading cannabinoid extraction company in North Carolina, are important operational milestones for the Company. Even more significant are the relationships that the Company has recently formed with several farming families in Virginia and North Carolina that have the potential to transform a one-time revenue-generation event resulting from the sale of cannabinoid-rich finished products extracted from our hemp biomass harvested in Illinois, into a continuous revenue stream due to the availability of several hundred thousand pounds of unsold, high-quality hemp biomass in these farming c...