HOUSTON, TX- February 20, 2014 - Dewmar International BMC, Inc. (OTCQB: DEWM) (OTCBB: DEWM) ("Dewmar" or "Company"), a leading provider of consumer brands to global markets announced that it has secured U.S. Hemp Corporation, Inc. d/b/a United States Hemp Corporation as a wholly-owned subsidiary for the purpose of holding and marketing the future hemp-related assets of Dewmar. "With U.S. Hemp Corporation in place, as an official Nevada corporation, we can better align our business processes and resources to support the pipeline of cannabidiol (CBD) related products and services we have slated for introduction to the marketplace while allowing Lean Slow Motion Potion,™ the company's flagship brand, to continue its expansion into additional big-box retailers. As per our distribution agreement with C+Swiss Hemp Ice Tea, which happened to be featured on BevNet.com yesterday, Dewmar is very committed to expanding a leadership position in the hemp market. That said; it is essential that we continue to advance the success of our flagship brand and stay on message with our retail partners and consumers in that space. Out of all the industrial hemp and medical marijuana companies, we may be the only company that has a product in a major retailer," said Dr. Marco Moran, CEO of Dewmar International.
While current revenue projections for Lean Slow Motion Potion,™ continue to be adjusted upwards, the Company is diversifying its sources of revenue. Dewmar executives and its team of advisors noticed several positive indicators suggesting that the timing is right for investment in the industrial hemp industry. Such indicators as the Obama Administration legalizing the cultivation of industrial hemp; which, according toFood Product Design®, will benefit the food and beverage industry since the hemp plant is extensively used as nutritional additives for everything from milk to granola bars to cooking oil. In fact, organic hemp seed supplements can be purchased at every major nutritional store in the country such as GNC and Vitamin World as an additive to smoothies, cereal and more as it is a great source of fiber, protein and heart healthy Omega 3 & 6 fatty acids.
Many economic strategists suggest that the recently signed 2014 Agricultural Act ("the Farm Bill") which allows for hemp to be cultivated for research purposes in specified states versus an 'import-only' scenario makes sense for the U.S. economy and its consumers; possibly leading to the emergence of an entire new market of product and services. The formation of the U.S. Hemp Corporation will take full advantage of this new opportunity as Dr. Moran utilizes his years of academic research experience to share information with major U.S. Colleges & Universities in an attempt to form partnerships for the development of innovative uses for the hemp plant for nutraceutical and medicinal purposes. Additionally, those Colleges & Universities with agricultural programs could benefit significantly from a partnership with U.S. Hemp Corporation in a concerted effort to cultivate the hemp plant for the multitude of industrial applications such as the manufacturing of textiles, ropes, clothing, building materials, paper and animal feed to name a few.
"This week, I plan to start my Monday at the Clinton, MS location then visit our newest bottler in Indiana for our largest batch run of Lean in over a year. From there, I will travel to our Las Vegas office to interview potential new staff, conduct planning sessions with the consultants of the Industrial Hemp and Medical Marijuana Consulting Company, and outline strategy sessions with medical professionals about clinical applications of cannabidiols to further enhance our aggressive approach to be a major player in the industrial hemp and medical marijuana industry," said Dr. Marco Moran, Dewmar CEO & President. "I anticipate finishing the week at our Houston office in a series of meetings with my executive team finalizing negotiations on several pending opportunities."
Dr. Marco Moran was recently featured in a Washington Times article detailing the emergence of industrial hemp as a product category the company is pursuing, "The marijuana -- albeit medical or recreational -- and industrial hemp industries have been expanding for several years now, culminating in complete legalization by Washington and Colorado," Dewmar CEO Marco Moran tells Inside the Beltway. This interview, in addition to others, has positioned Dr. Moran as a thought leader within the industry.
About U.S. Hemp Corporation, Inc.
The United States Hemp Corporation, Inc. is a Nevada corporation whose primary goal is to promote the cultivation, research and new product development of hemp based nutraceuticals, industrial goods and consumer goods in the United States to be shared with the World. The U.S. Hemp Corporation's staff is to make every concerted effort to be the leader in the marketing, sales, promotions and distribution of hemp products both with a primary goal to take pride in the Made in America mantra as to enhance the economic benefit of U.S. citizens as it provides quality products for sale locally and for worldwide export.
About Dewmar International BMC, Inc.
Dewmar International BMC, Inc. is a leading provider of consumer brands to global markets. The Company's flagship product, LEAN SLOW MOTION POTION™ whose three flavors are Yella, Purp and Easta Pink, is rated as one of the top 3 national selling relaxation beverages currently available in the U.S. market, Trinidad & Tobago, Puerto Rico and Mexico. The Company has entered into significant business relationships, consultant agreements and medical discussions intended to leverage the explosion in the national popularity of both the industrial hemp and medical marijuana industries, and forecast a strong presence in the space for both the immediate and long-term future. The company has offices in Clinton, MS; Houston, TX and Las Vegas, NV.
For more information about our Company please visit us at www.DewmarInternational.com. If you are a distributor or retailer inquiring about purchasing our product for resale, please contact us at 1-877-SIP-LEAN or 1-877-747-5326. If you are an Investor please contact us atInvestorRelations@DewmarInternational.com
About Food Product Design®
A multi-media brand focused on the application of science based ingredients that drive innovative & compliant food and beverage products for the consumer market. For more information on Food Product Design®, visit the company's web site at visit http://www.foodproductdesign.com/.
Safe Harbor Statement
This news release contains forward looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the failure to meet schedule or performance requirements of the Company's contracts, the Company's liquidity position, the Company's ability to obtain new contracts, the emergence of competitors with greater financial resources, general economic conditions and the impact of competitive pricing. In light of these uncertainties, the forward-looking events referred to in this release might not occur.
Dewmar International BMC, Inc.
1-877-SIP-LEAN or 1-877-747-5326
SOURCE: Dewmar International BMC, Inc.