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Dewmar International (DEWM) Lauds Adoption Of The Farm Bill As They Expect Their Hemp Business To Flourish Through Hemp Corporation



Dewmar International MBC, Inc. (OTCMKTS:DEWM) has issued a report applauding United States legislators for passing the Farm Bill which makes industrial hemp legal. The move is good news for Dewmar’s subsidiary, United States Hemp Corporation which deals with the manufacture of hemp products. The Farm Bill is expected to be approved to by the president later this month and companies such as United States Hemp Corporation will have a leeway to start farming hemp and possibly manufacture CBD and Hemp Products.

The Bill expected to transform Hemp business

United States Hemp Corporation is among the small enterprises that have been in the hemp industry in the past four years, and this development is expected to benefit them significantly. The company is looking to strategically open offices in different states so that they can be in a position to take advantage of the farm Bill to generate serious income from hemp.

Partnership with New West Genetics

Back in 2015, United States Hemp Corporation was the pioneer in investing in New West Genetics. New West genetics deals with genetic hemp seed technology, and according to the founder and CEO of Dewmar, the move was aimed at understanding the great opportunities and potential of hemp seed technology. Their investment is expected to yield returns following the approval of the farm bill, and thus they can be able to grow their shareholder base.

In a press release, New west Genetics has announced an increase in capital of around $3 million that is supposed to support their hemp research and development program. They expect to invest the capital in bringing required changes in the hemp industry in terms of greenhouse seeds that expect to yield high quality and those that are grown from exclusive seed.

There is much expectation in the hemp seeds that are produced through the New West Genetics technologies as they are likely to be the most sought-after hemp in the United States. The CEO indicated that Dewmar had achieved high status at the OTC markets following their updating of their financials. They have equally started a new business in that is expected to help them expand as they plan to open shop in Canada in 2019

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