QualityStocksNewsBreaks – Sugarmade Inc. (SGMD) Eyes Making ‘Big Impact on the LA Cannabis Delivery Marketplace’
Sugarmade (OTC: SGMD) is leveraging its position as a 70% stakeholder in NUG Avenue, a Southern California-based cannabis delivery service. This bodes well for the company as consumers are increasingly relying on home delivery for many goods, including cannabis. California, the largest state economy in the country and the sixth largest economy in the world, also tops the global marijuana market. A recent Forbes article reported that the state’s cannabis sales hit $4.4 billion last year, up 57% from the year prior (https://ibn.fm/0MKpB). “We strongly believe the LA delivery market is the prime spot for expansion of our business,” Sugarmade…