Business
Dewmar Is Diversified in the $50B Cannabis Industry -- CFN Media
Dewmar Is Diversified in the $50B Cannabis Industry -- CFN Media.
About this update from Dewmar Intl Bmc Inc
[{"type":"text","content":"\n \n \n Dewmar Is Diversified in the $50B Cannabis Industry -- CFN Media\n \n \nDewmar Is Diversified in the $50B Cannabis Industry -- CFN Media\n \n SEATTLE, WA--(Marketwired - Oct 4, 2017) -  CFN Media Group (\"CannabisFN\"), the leading creative agency and media network dedicated to legal cannabis, announces publication of an article covering how Dewmar International Inc. (OTC PINK: DEWM) offers diversified exposure to several areas of the cannabis industry, which could help reduce risk by spreading out exposure across multiple industry subsets, including consumer goods, healthcare, entertainment, and legal cannabis.\n The U.S. cannabis industry will generate $6 billion in revenue this year, according to Cowen & Co., and could see sales soar to $50 billion by 2026. While the drug remains a Schedule I Controlled Substance, many states have legalized medical and recreational marijuana and researchers have embraced the potential of cannabinoids. Non-psychoactive cannabinoids -- such as cannabidiol (CBD) -- are also legal to buy and sell nationwide.\n Companies in the burgeoning cannabis industry have many different models, ranging from cultivators to dispensaries and everything in between, but many of these companies face unique risk factors. For example, a cultivator's entire income could be wiped out by a bad harvest or natural disaster, or federal or state regulators could step in and make dramatic changes to a business with operations in only one area.\n Consumer Brands\n Dewmar CEO Dr. Marco Moran became interested in developing consumer relaxation products after witnessing the abuse of prescription drugs as a licensed pharmacist. After developing an understanding of why the abuse was occurring, Dewmar developed a series of products designed to support relaxation while appealing to the hip-hop community. These products have since become extremely popular outside of hip-hop culture as well.\n Dewmar's flagship brand, Lean Slow Motion Potion, is a top three relaxation brand in the United States with over $5 million in revenue. At $2.99 per can at convenience stores, $1.98 at Walmart, the premium beverage combines a functional product with a hip-hop lifestyle brand. The product is Dr. Moran's brainchild, formulated with the most clinically effective relaxation supplements, and has been mentioned prominently in hip-ho...