The Company was formed as a Nevada corporation on November 26, 2007 as Keyser Resources, Inc. On June 14, 2011, the Company changed its name to Lone Star Gold, Inc. The Company has been inactive since September 30, 2013. As of December 31, 2013, all the Company's projects regarding La Candelaria and Chihuahua, Mexico (the Tailings Project) were abandoned and all contracts incident to those projects expired and or were terminated.
The Company was involved in exploration and development of mining properties until September 30, 2013 when it discontinued operations. In June of 2017 the Company's creditors filed a petition in the District Court of Harris County, Texas for the appointment of a receiver. In August of 2017, Angela Collette was appointed receiver pursuant to the petition. In connection with the receivership, Ms. Collette was appointed President, Secretary, Treasurer and Director of the Company. In February 2018 Ms. Collette appointed William Alessi as a director of the Company and then resigned as a director and officer of the Company.
The Company is now a North Carolina based company that is made up of industry veterans for exploiting niche markets in the hemp industry. Good Hemp® includes 2 lines of hemp based beverages. Good Hemp® 2oh! is a hemp derived CBD infused line of flavored waters and Good Hemp® fizz! is a line of carbonated hemp oil infused sodas. Good Hemp® products have been sold throughout the United States since 2016 via Amazon.com, as well as local retailers. The Good Hemp IP owned by the Company was previously owned by one of the company's directors, S. Mark Spoone and acquired by the company in 2019.