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

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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 www.MarijuanaEmail.com that is expected to help them expand as they plan to open shop in Canada in 2019

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First Foods Group Inc (OTCMKTS:FIFG) Unveils Its “Southeast Edibles” New Product Line

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First Foods Group Inc (OTCMKTS:FIFG) today disclosed details about the unveiling of its latest product called “Southeast Edibles.” This is a hemp-based premium chocolate product line and one of the company’s innovations. The business guru wants to make the product available for all the interested consumers.

First Foods and it’s business focus

First, Foods happens to be one of those companies that have been looking forward to the legalization of hemp-based products. The company has a production facility in Florida where it has been working on its chocolate edibles recipes. It has been engaging in this activity from March this year.

First Foods Group hopes that with time, it will rise to take over the market leadership. An official says that they won’t stop until they have the entire nationwide chocolate edibles market to themselves.

The business started strategizing on its success since July 1, 2019. This was the time when the governor of Florida went ahead to legalize hemp-based products. First Foods reacted promptly by unveiling its Southeast Edibles brand on August 9, 2019.

The deal with CBD Unlimited

The Company also engaged CBD Unlimited, and the two signed a letter of intent. CBD Unlimited happens to be researchers and also a top distributor of a wide array of CBD products. These products, according to it have been designed scientifically and the tests show that they should be administered in accurate dosages.

The CEO who is also the Chairman of the company Todd Davis opines, “First Food Group is a creative and emerging brand that will help drive our consumable product category as the growth of the CBD marketplace is accelerating rapidly.”

The company has been seeking to collaborate with a successful management team. The latest collaboration is a major step forward. They intend to continue supporting initiatives for targeting serving customers with great products.

The CEO & Chairman of First Foods Group Harold L. Kestenbaum believes it is crucial to vet the right partners. According to him, appropriate and befitting partners define the success levels they reach. He adds that they will also continue focusing on their marketing strategy and make enhancements.

CBD has a loyal customer base, an Unlimited’s scientific approach, and vast market access. These attributes make it an ideal partner for the company.

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General Cannabis Corp (OTCMKTS:CANN) Plans To Acquire A Denver Vertically Integrated Cultivator And Retailer

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General Cannabis Corp (OTCMKTS:CANN) is pleased to announce that it will soon make its latest acquisition. However, it first needs to make its entry into a non-binding term sheet. The target is to acquire a huge deal of assets belonging to one Colorado-based licensed recreational cannabis cultivator.

About the business deal

This Colorado business has been running some two indoor cultivation facilities. Asides from that, it has also been operating a retail cannabis dispensary which is situated in central Denver. This dispensary has risen to become one of the most trusted and successful dispensaries in Denver. Nevertheless, it prides itself in being the holder of a library of world-class cannabis genetics.

The Company has already signed the Colorado House Bill 1090 (“HB-1090”). Probably, this is the reason behind the latest activities the company has been undertaking. This law gives a leeway for the interested companies to acquire licensed cannabis companies in Colorado. The approval by the law might witness more companies follow suit in making these acquisitions.

Currently, the parties in charge are working on the various regulations in line with the implementation of the law. When finalized, the business giant reveals that it won’t hesitate in entering the binding transaction for the Business.

Focus into the future

General Cannabis has revealed its plan to purchase the Company’s common stock. These will include the company’s tangible and intangible assets. The business guru expects to pay 40% in terms of shares and sixty percent in form of cash. Focus will at some point shift to the number of common shares issued at closing. In this case, the determination will take into account the 30-day volume weighted average price.

The General Cannabis Chief Executive Officer and Executive Chairman Michael Feinsod expressed his excitement in the latest developments. He said that the acquisition of the third licensed Colorado cannabis operator was a major step forward for them. The official looks forward to the company expanding its business to central Denver. According to him, the planned move will show their dedication to an expansion strategy.

General Cannabis is set to also expand its customer base by a significant margin if all moves according to plan.

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Leafbuyer Technologies Inc (OTCMKTS:LBUY) To Create A Mobile App With Blockchain Capabilities

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Leafbuyer Technologies Inc (OTCMKTS:LBUY) today spoke at length regarding the development of a new mobile application. The company spent several months in the creation of the all-encompassing application. One top official working with the business says that they will soon give a Press release regarding the latest move.

The application

The uniqueness of the application lies in how it manages to merge the various aspects of functionality. These include Leafbuyer’s search technology and the current deals. The business guru has also designed some blockchain wallet capabilities. The purpose is to ensure that the company’s loyal customers get the most from the move.

The CEO of Leafbuyer Kurt Rossner opines, “Leafbuyer provides multiple technology solutions to help businesses in the cannabis industry to attract and retain consumers. The integration of blockchain technology within the mobile application will boost transparency and provide accessible information regarding transactions and loyalty points.”

Leafbuyer says that the hosting of its wide range of products on multiple platforms will see it generate high profits. The tablets at participating dispensaries, the Leafbuyer app, and the Greenlight app are all remarkable platforms according to analysts.

This new application is all about centralizing the experience of the various consumers. Soon, the application will be distributed via the iOS App Store and the progressive web application (PWA).

Views about the future

The COO of Leafbuyer, Mark Breen, has spoken in relation to the much-awaited rollout. The official says that they look forward to seeing their consumers interact much more easily with clients. According to him, the ongoing efforts on the connection develop a good reputation for the company. Sooner or later, Leafbuyer will become very important for product company clients and dispensaries across the country.

Most of the consumers are looking forward to the completion of this app. They say that it will make it a lot easier for them to search for deals and businesses. The other services they will enjoy include the ordering of their favorite products as well as getting other items delivered. Those consumers that need to keep track of their loyalty points will do it more easily.

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Trading Symbol

OTC: PLSI

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