This document details the isolation and NMR spectral assignments of two olenane triterpenes: 18β-glycyrrhetinic acid-3-O-β-D-glucuronide and 18β-glycyrrhetinic acid, derived from the hydrolysis of glycyrrhizic acid, a potent compound from Licorice roots. The structures were characterized using extensive 1D and 2D NMR techniques alongside mass spectral data, confirming their respective chemical compositions. Additionally, the document discusses the pharmaceutical applications and traditional uses of Glycyrrhiza glabra, emphasizing its historical significance in medicine.