Dewmar International BMC Inc (DEWM)

[Swinetime]

I haven't seen to many talking about this from one of our investments.

Investment fund for the purchase of Medicine Shoppe, a Louisiana traditional retail and specialty pharmacy combo

http://www.marketwired.com/press-release/dewmar-international-bmc-inc-dewm-announces-4-million-company-investments-from-prior-2223749.htm


MMJ
The interesting part is there will NOT be dispensary's in Louisiana . Only Pharmacy's will be allowed to sell the " MMJ medicine"

IMO This is one of the reasons Marco is buying/bought this Pharmacy along with his political connections in LA you have to think he is a shoe in to be awarded one of the license .

Louisiana MMJ Laws

Distribution of Medical Cannabis

No more than ten locations – all pharmacies in good standing – may be licensed to dispense medical cannabis products.
Federal regulation prohibits national chains from qualifying and there are only 550 independent pharmacies in the state of Louisiana.
Each licensed dispensary must have the ability, and may be required by the Louisiana Board of Pharmacy, to maintain an escrow account of $2 million in a state-headquartered financial institution.
Many independent pharmacies are already leveraged into accepting low margins on prescriptions because they have little or no bargaining power with insurance companies.
Questions about the legality of cannabis escrow accounts have been raised; other institutions have prohibited medical cannabis programs from using banking services because they are regulated by the federal government.