Dewmar International BMC Inc (OTCMKTS:DEWM) is a micro-cap name that continues to draw eyeballs on the OTC after a red hot emergence onto the scene in the Spring. DEWM was reborn into the cannabis patch in recent months and just announced that the company is now beginning a series of cannabis television show. They are called The Collective and Weed for Warriors. Both of these program are managed by their subsidiary United States Hemp Corporation. Also, DEWM announced a licensing deal with KW Brands, which sis owned by Duck Commander CEO Willie Robertson also of Duck Dynasty. The deal is to manage Robertson’s restaurant in Louisiana.
“Many networks like NBC, CNN, MSNBC and Showtime are some of the first networks to invest heavily in hit series shows and documentaries within the burgeoning cannabis industry over the past several years,” says Dr. Marco Moran. “We continue to see this trend to significantly increase over the upcoming years based upon the aggressiveness of streaming video companies like AppleTV says our production affiliate, Royal Studios, which constantly receives calls requesting reviews of The Collective trailers that we hope to be able to fully submit to the public soon,” Dr. Moran continued.
Dewmar International BMC Inc (OTCMKTS:DEWM) and its subsidiaries develop, market and distribute goods, therapeutics and services in national and international markets through licensing agreements, e-commerce platforms, fee-for-service arrangements and distribution contracts. The Company’s largest retail customer is Wal-Mart Stores, Inc.
According to company materials, “Dewmar International BMC, Inc. is a U.S. based 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, as well as introducing new simple yet meaningful innovations to markets of great demand. The Company’s flagship product, Lean Slow Motion Potion, whose flavors include Yella, Purp and Easta Pink, is rated as one of the top 3 national selling relaxation beverages in the U.S. market. The company has offices in Clinton, MS; Houston, TX: Denver, CO and New Orleans, LA.”
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Per the release, here are details about the shows:
The Collective is a business reality television show where entrepreneurs make a presentation to up to 5 panelists. The typical makeup of a panel will be two hedge fund managers or accredited investors, at least two cannabis industry experts and possibly one celebrity guest. Each entrepreneur, referred to as a “ganjapreneur,” has a business or invention related to the cannabis industry. CEO Marco Moran is one of the rare panelists on the show who plays a dual role as both an investor and healthcare industry expert. Four pilot episodes of the show have been completed. Dr. Moran is the only panelist that has been invited to film a follow-up to one of the investments that he chose under contract by U.S. Hemp Corporation.
Dewmar was also invited to be an investor in Weed for Warriors because Dewmar is a Louisiana certified service-disabled veteran owned business concern and the Company CEO definitely believes in the cause of the program. This educational documentary videos the journey of several disabled veterans traveling from San Francisco, CA to Washington, D.C. on the eve of Veterans Day to promote their primary mission of trying to convince United States government officials of how medical marijuana can provide beneficial relief for veterans suffering from service related disabilities. We invite you to click here on this link to visit the website and help make donations toward this worthy cause.
Recent action has seen 13% added to share values of the company over the past month of action. This is emblematic of the stock. DEWM has evidenced sudden upward volatility on many prior occasions. Furthermore, the listing has benefited from a jump in recent trading volume to the tune of nearly 180% over what the stock has registered over the longer term.
At this time, carrying a capital value in the market of $25.89M, DEWM has a chunk ($131K) of cash on the books, which must be weighed relative to about $1.3M in total current liabilities. One should also note that debt has been growing over recent quarters. DEWM is pulling in trailing 12-month revenues of $690K. However, the company is seeing recent declines on the top line on a sequential quarterly basis, with revenues falling at -10.4% as of its latest reporting period. You can bet we will update this one again as new information comes into view. For continuing coverage on shares of $DEWM stock, as well as our other hot stock picks, sign up for our free newsletter today and get our next hot stock pick!
Disclosure: we hold no position in $DEWM, either long or short, and we have not been compensated for this article.