Dewmar International BMC, Inc. (DEWM) Announces Filing of Kush Cakes Trademark to Continue Canadian Cannabis Industry Strategy
Denver, CO, Dec. 07, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Dewmar International BMC, Inc. (OTCPINK: DEWM ) announced today that it has filed for trademark protection in Canada. On October 12, 2018, Dewmar International filed for protection of the Kush Cakes brand with the Canadian Intellectual Property Office. The application number is 1925039. The trademark is under a formalized status and is pending further review. If the mark is granted, it is expected to be effective in all 10 Canadian provinces.
As previously announced, Dewmar plans to pursue licensing agreements in Canada for the Kush Cakes brand and the filing of this trademark in Canada is a continuation of that strategy.
Marco Moran, Chairman and Chief Executive Officer, commented, “We have experienced increased interest in our Kush Cakes brand from wholesalers and distributors both in U.S. and Canadian markets, so we are aggressively pursuing expansion strategies which we believe will best position us to take advantage of our brand equity and market trends. As previously announced on November 27, 2018, Dewmar is in the process of rolling out a new business model and expects to share more details about the model within days.”
Dewmar International currently has no outstanding toxic funding notes on record. The Company has no intentions or interest in selling any of its outstanding debt to toxic funders. As noted in recent financial disclosures, Dewmar was successful in negotiating terms to have a consultant forfeit their remaining number of shares to prevent the issuance of hundreds of millions of additional shares. Additionally, the Company recently hired a website developer that will soon be updating the corporate website with current information and links to upcoming new business endeavors which will include a specific link for upcoming Canadian cannabis industry business ventures.
About Dewmar International BMC, Inc.
Dewmar International BMC, Inc. is a certified service-disabled veteran business concern, 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, such as Lean Slow Motion Potion, which is rated as one of the top 3 national selling relaxation beverages in the U.S. market and Kush Cakes relaxation brownies. The company has offices in Clinton, MS; Houston, TX; Denver, CO and New Orleans, LA.
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