Sugarmade Inc. SGMD Archives - Page 14 of 20

TuesdayAug 13, 2019 12:06 pm

Sugarmade Inc. (SGMD) Focuses on Hydroponic, Cultivation Supplies in Booming Hemp Sector

SGMD is commencing hemp cultivation by exercising an investment option in Hempistry Inc. Hempistry has a site in Madisonville, Hopkins County, Kentucky, where it is cultivating a fast-growing strain of hemp that’s rich in cannabidiol Hemp Business Journal reports that hemp generated more than $1 billion in revenues in the U.S. in 2018; the market is projected to reach $1.9 billion by 2022 Sugarmade Inc. (OTCQB: SGMD), a supplier of hydroponic and cultivation equipment to operators in the booming industrial hemp sector, has commenced hemp cultivation with Hempistry Inc. in Madison County, Kentucky. Sugarmade also announced that it is exercising…

FridayAug 09, 2019 11:06 am

Sugarmade Inc. (SGMD) Enters Kentucky Hemp Boom, Announces Completion of BZRTH Audit

Sugarmade recently announced an initial investment in Kentucky’s Hempistry The company is in the process of acquiring leading hemp-supply firms that are currently producing more than $70 million in annual revenue Sugarmade has announced the completion of audits for BZRTH, a target acquisition Sugarmade Inc. (OTCQB: SGMD), a product and brand marketing company investing in products and brands with disruptive potential, initially entered the burgeoning hemp sector through hydroponics. Today, Sugarmade is one of the leading providers of hydroponic equipment and supplies in the industrial hemp space. A recent article discussed Kentucky’s hemp boom and the interest it is creating…

ThursdayAug 01, 2019 11:03 am

QualityStocksNewsBreaks – Sugarmade Inc. (SGMD) Announces Commencement of Hemp Cultivation with Hempistry, Inc.

Sugarmade (OTCQB: SGMD) this morning announced commencement of hemp cultivation in conjunction with Hempistry, Inc., a Kentucky hemp cultivator for which Sugarmade recently announced it had begun to exercise its investment option. According to the update, the hemp being cultivated this year by Hempistry is a fast growing strain especially rich in cannabidiol (“CBD”). "Our investment in Hempistry, our commencement to the state of Kentucky and our pending acquisition of BZRTH provide Sugarmade with multiple options for growth, while our recently effective S-1 filing expands our ability to finance the many initiatives in front of the Company," SGMD CEO Jimmy…

MondayJul 29, 2019 1:15 pm

QualityStocksNewsBreaks – Sugarmade Inc. (SGMD) Leveraging Hydroponic Expertise to Target Rapidly Expanding Markets

Hydroponics supply company Sugarmade (OTCQB: SGMD) is utilizing its expertise to expand across market sectors and seize various opportunities as they arise. An article discussing the company reads, “Utilizing a narrowband Internet of Things (NB-IoT) technology, the company has created an AI-based hemp cultivation and agricultural monitoring system. This AI platform enables real-time tracking of field conditions that include soil moisture, temperature, humidity and more. It also provides intelligent recommendations to mitigate existing issues and thereby optimize yield (http://ibn.fm/ZsEfW). . . . The hydroponics market is growing, in large part due to the U.S. industrial hemp market and the rapidly…

MondayJul 22, 2019 2:15 pm

Sugarmade Inc. (SGMD) Tapping into Growing Hydroponic Supply Demand

Sugarmade continues to expand its operations into diverse marketplaces The company created an AI-based monitoring system to optimize agricultural yields Sugarmade is leveraging its hydroponic expertise regarding current market trends to further diversify revenue streams Sugarmade Inc. (OTCQB: SGMD), one of the industry’s largest publicly traded hydroponic supply companies, continues to expand operations into diverse marketplaces. What began as a small but innovative quick-service restaurant supply firm has grown into a multiproduct company. Sugarmade has seen success because it continues to invest in products, brands and industries with disruptive potential. This allows the company to expand across market sectors and…

FridayJul 19, 2019 11:27 am

QualityStocksNewsBreaks – Sugarmade Inc. (SGMD) Staying Ahead of Curve for Anticipated Record Crop in 2019

Sugarmade (OTCQB: SGMD) aims to provide next-generation equipment and techniques to companies that process and extract from industrial hemp for the highly anticipated peak crop in 2019. An article discussing the company reads, “SGMD’s new initiative includes making available to its customers new technology such as water-based sonification extraction, microwaves and other techniques. These machines could reduce the cost of extraction and help cultivators increase output without significant increases in cost. SGMD is not in the hemp cultivation business itself, but it has a business model centered on supporting cultivators. . . . The combination of rising demand and the…

WednesdayJul 10, 2019 2:08 pm

QualityStocksNewsBreaks – Sugarmade Inc. (SGMD) Primed for Profit as Industrial Hemp Sector Rapidly Expands

Sugarmade (OTCQB: SGMD), a major supplier to the growing hydroponic cultivation sector, is poised to benefit as the industrial hemp sector is forecasted to reach $13.03 billion by 2026 from $4.63 billion in 2018, increasing at a CAGR of 13.7% (http://ibn.fm/fYbkb). An article discussing the company reads, “There are several reasons why this market is forecast to expand at such a rapid rate. Hemp is a highly versatile plant that can be cultivated as a renewable source for raw materials utilized by various industries. In addition, hemp is a very lucrative rotation crop due to its ability to detoxify the…

WednesdayJul 10, 2019 11:14 am

Sugarmade Inc. (SGMD) Focuses on Next-Generation Extraction Tech to Prepare Hemp Sector for Expected Crop Boom

SGMD aims to market next-generation hemp machinery and proprietary extraction technologies Hemp extraction and cultivation is a growing business, as the passage of the 2018 Farm Bill continues to result in rising demand SGMD plans to provide both legacy and new technology, including water-based sonification extraction, microwaves and other low-cost techniques and equipment Sugarmade Inc. (OTCQB: SGMD) plans to offer next-generation equipment and techniques to its customers that process and extract from industrial hemp to help meet what is anticipated to be a peak crop in 2019. To this end, SGMD was recently featured in a CannabisNewsWire analysis article discussing…

ThursdayJun 27, 2019 9:46 am

Industrial Hemp Market Records Steady Growth, Creating New Opportunities for Suppliers Like Sugarmade Inc. (SGMD)

Legislative changes and growing demand are forecast to enable the industrial hemp sector to grow at a CAGR of 13.7 percent through 2026 The worldwide market is expected to eclipse $13 billion within the next seven years Such rapid growth is expected to provide strategic expansion opportunities for innovative cultivation equipment suppliers like Sugarmade Inc. Sugarmade Inc. (OTCQB: SGMD), a major supplier to the booming hydroponic cultivation sector, looks set to benefit from the many opportunities presented by the quickly expanding industrial hemp sector, as statistics indicate that the market is anticipated to reach $13.03 billion by 2026 from $4.63…

FridayJun 21, 2019 2:52 pm

QualityStocksNewsBreaks – Sugarmade Inc. (SGMD) Leveraging Advanced Chinese Extraction Technologies to Enter Hemp CBD Extraction Equipment Market

Sugarmade (OTCQB: SGMD), a major supplier to the growing hydroponic cultivation sector, recently announced that it intends to utilize its access to advanced Chinese extraction technologies to enter the hemp CBD extraction equipment and technologies market (http://ibn.fm/RIIAy). An article discussing the company reads, “In addition to supplying ‘legacy extraction equipment to extraction companies,’ Sugarmade plans to begin distribution of ‘next generation extraction technologies developed in the Chinese province of Yunnan where the hemp industry has existed for more than a thousand years,’ CEO Jimmy Chan stated in a news release. . . . The proprietary Chinese technologies hold the promise of…

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