Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  RENAISSANCE CAPITAL GROWTH & INCOME FUND III INC
 2. Date of Event Requiring Statement (Month/Day/Year)
06/07/2007		 3. Issuer Name and Ticker or Trading Symbol
HEMCURE INC [HMCU.OB]
(Last)
(First)
(Middle)
8080 N CENTRAL EXPWY., SUITE 210 LB 59		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

DALLAS, TX 75206		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock (1) 1,000,000
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Warrant (right to buy) (1) 06/07/2007 06/07/2012 Common Stock 1,000,000 $ 1.5 D  
Additional Investment Option (Right to Buy) (2) 06/07/2007 06/07/2008 Common Stock 370,370 $ 1.35 D  
Additional Investment Option Warrant (Right to Buy) (2)   (3)   (3) Common Stock 370,370 $ 1.5 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
RENAISSANCE CAPITAL GROWTH & INCOME FUND III INC
8080 N CENTRAL EXPWY., SUITE 210 LB 59
DALLAS, TX 75206		     X    

Signatures

Russell Cleveland, President 06/18/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The reported securities are included in 1,000,000 Units purchased by the reporting person for $1.00 per Unit. Each Unit consists of one share of common stock and a 5-year warrant to purchase one share of common stock at $1.50 each.
(2) For 12 months following the closing date, the reporting person has the right to purchase additional Units up to 50% of the dollar amount invested, at a price of $1.35 per Unit.
(3) The warrant will be immediately exercisable upon exercise of the Additional Investment Option and will expire 5 years from such date.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

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