QualityStocksNewsBreaks – Sugarmade Inc. (SGMD) Issues Update on Recent Acquisition of Pivotal Asset
Sugarmade (OTC: SGMD), an emerging leader in the vertically integrated cannabis marketplace based in California, today provided current and prospective shareholders with an update on its recent acquisition, Lemon Glow Company Inc. The acquisition included all of Lemon Glow’s assets, interests, property, and rights, including 640 acres of real estate (the “property”) located in Lake County, California, outside of the Commercial Cannabis Cultivation Exclusion Zones. “We are pleased to report that we have been able to successfully comply with the requirements attached to this acquisition process,” said Sugarmade CEO Jimmy Chan. “Lemon Glow is a pivotal asset in our verticalization…