Dewmar International BMC, Inc. (DEWM) Discusses the Louisiana
Medical Marijuana Opportunity and the Potential Economic Impact on
Dewmar International as a Consultant.
LOS ANGELES, CA--(NewMediaWire - Jul 27, 2017)
- Dewmar International BMC, Inc. (OTC
PINK: DEWM) today discussed further details pertaining to the
two cultivation licenses approved by state law for issuance by
Louisiana-based universities Louisiana State
University ("LSU") and Southern University A&M.
US Hemp Corporation (USHC), a subsidiary of Dewmar International
BMC, Inc., has contracted to assist one of the applicants in
preparing a response to a Request for Application ("RFA")
anticipated to be issued soon by Southern University, who has been
granted a license by the State of Louisiana to be a therapeutic
marijuana producer. This license would include responsibilities to
build and operate a facility, cultivate, process, extract, and
manufacture products.
In the United States, the use of cannabis for medical purposes
has been approved in 29 states plus the territories of
District of Columbia, Guam and Puerto Rico. The state of Louisiana
has created and approved the framework for one of the most
sophisticated medical marijuana programs of any state in the
South.
The state is tightly regulating cultivation and limiting the
number of groups that will be legally entitled to dispense medical
marijuana. The cultivation and processing of all medical marijuana
will be overseen by only two state run institutions. LSU has
already granted one private operator with the enormous economic
opportunity to run the grow operation. Within the next week,
Southern University expects to announce its list of finalists who
will be required to make a formal oral presentation before a
special committee in August 2017.
Patients in Louisiana diagnosed with cancer, glaucoma, AIDS,
cachexia, seizure disorders, muscle spasms, multiple sclerosis or
Crohn's Disease will be protected by the state's medical marijuana
laws and are therefore, eligible to use marijuana extracts in the
state. Patients will be limited to keep a 30-day supply of
non-smokeable preparations of marijuana and its constituents.
USHC has also helped their client in locating and selecting
their executive staff, key personnel and cannabis industry experts,
including a cultivation operations firm, architectural engineering
firm, cultivation facility builder and master grower. Furthermore,
if the client is successfully selected, USHC will assist the
applicant in choosing research projects and selecting qualified
researchers.
Marco Moran, CEO of Dewmar International, commented, "I am glad
to have been contacted by one of the applicants for the Southern
University cultivation project to provide specialized consulting
services through our hemp subsidiary. We have made recommendations
for the convening of a naturally diverse, respected team of
experienced professionals that we believe can help Southern
University A&M and Southern University Agricultural
Research & Extension Center to not only achieve its
immediate financial goals but to maximize its long-term, residual
earning potential from this unique cannabis cultivation
opportunity."
Dewmar International Board Member and Director, Dr. Derrick
Brooks, a Baton Rouge native and well respected emergency medicine
physician, has been named a recent author in one of the Southern
University applicant's submission where he is willing to assist in
facilitating in a number of medicinal cannabis research initiatives
allowed by the state via Louisiana Senate Bill
271 allowing physicians to legally "recommend" medical
marijuana to patients afflicted with one of the allowed conditions
in the state.
About U.S. Hemp Corporation
The U.S. Hemp Corporation is a Colorado based business focused
on research and product development for the industrial hemp and
medicinal marijuana industry. The business is led by a team of hemp
industry leaders to capitalize on the recently signed 2014
Agricultural Act ("the Farm Bill"). This strategically selected
team provides consulting services and product development resources
to clients across the country. U.S. Hemp Corporation forms
partnerships, brand alliances and develops unique consumer products
that use the hemp plant for nutraceutical, functional food and
medicinal purposes. Colleges, universities and state departments of
agriculture participating in the Farm Bill's authorized "pilot
studies" will benefit from a partnership with U.S. Hemp Corporation
by having a clear path to monetizing viable research,
entertainment, educational and product development opportunities
for long-term residual income.
About Dewmar International BMC, Inc.
Dewmar International BMC, Inc. is a certified service-disabled
veteran business concern, new product development, manufacturing
and brand management company. Established in 2003, Dewmar's primary
business strategy has been in creating high profit margins with
functional foods and beverages, such as Lean Slow Motion
Potion and Kush Cakes, which are rated as the top selling
relaxation products in the U.S. market today. The company has
offices in Clinton, MS; Houston, TX; Denver, CO; and New Orleans,
LA.
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