Sugarmade Inc. SGMD Archives - Page 15 of 20

TuesdayJun 18, 2019 11:02 am

Sugarmade Inc. (SGMD) Entering Hemp CBD Extraction Equipment Market with Chinese Technological Backup

The rising global popularity of cannabidiol as a wellness product is leading market forecasts of revenues up to $22 billion by 2022 and $50 billion or more by the end of the next decade The market optimism is fueling hopes for ancillary market players as well, such as hydroponics equipment supplier Sugarmade Inc. Sugarmade announced this month that it will enter the hemp CBD extraction equipment market, drawing on access to advanced Chinese extraction technologies The health and wellness market sector for cannabidiol (CBD) products continues to grow at such a pace that analysts at the Brightfield Group predict that…

WednesdayJun 12, 2019 11:46 am

QualityStocksNewsBreaks – Sugarmade Inc. (SGMD) to Enter Hemp Extraction Technologies and Equipment Market

Major supplier to the growing hydroponic cultivation sector Sugarmade (OTCQB: SGMD) this morning announced a new business initiative intended to expand its revenue base. According to the update, the company, over the coming weeks, will be entering the market for hemp extraction equipment and technologies, including several Chinese proprietary technologies, with the potential of increasing efficiencies. “Our staff has done extensive research into the fast growing hemp industry. We continue to see an imbalance between cultivation outputs and extraction capacities within the industry,” Sugarmade CEO Jimmy Chan said in the news release. “This leads us to believe the market for…

FridayJun 07, 2019 1:27 pm

QualityStocksNewsBreaks – Sugarmade Inc. (SGMD) Gains Traction in Industrial Hemp Sector

Sugarmade (OTCQB: SGMD), a major supplier to the growing hydroponic cultivation sector, entered into a supply contract with Hempistry Inc. in April, securing its spot in the newly legal industrial hemp sector (http://ibn.fm/td7jj). A recent article discussing Sugarmade reads, “‘With at least 42,000 acres of hemp expected to be planted in Kentucky and considering an average plant density per acre of well over 1,000, farmers in Kentucky will need hundreds of millions of clones over the coming years,’ Sugarmade CEO Jimmy Chan, who is also a Hempistry director, stated in the news release. ‘When these numbers are multiplied over the…

WednesdayJun 05, 2019 11:39 am

Growing Demand in Hemp Sector Breeds Opportunity for Major Hydroponics Cultivation Supplier Sugarmade Inc. (SGMD)

The booming hydroponics crop market is projected to be worth over $27 billion by 2022 Sugarmade is one of the largest publicly traded hydroponics supply companies investing in the legal cultivation sector The global industrial hemp market is expected to reach $10.6 billion by 2025 Sugarmade Inc. (OTCQB: SGMD), a major supplier to the growing hydroponic cultivation sector, is diversifying its portfolio with supply commitments to the budding industrial hemp sector. A new agreement with Kentucky-based hemp cultivator Hempistry Inc. to deliver resources for its plant micropropagation work reveals a solid strategy as Sugarmade moves into the legal cultivation space, as…

FridayMay 24, 2019 3:43 pm

QualityStocksNewsBreaks – Sugarmade Inc. (SGMD) Tapping Power of AI in Real-Time Tracking, Monitoring System

Major supplier to the growing hydroponic cultivation sector Sugarmade (OTCQB: SGMD) is tapping the power of artificial intelligence to develop an innovative hemp cultivation and agricultural monitoring system. A recent article quotes Sugarmade CEO Jimmy Chan stating, “AI-based monitoring systems are especially beneficial within the hemp cultivation industry. As hemp is turning into one of the most valuable crops in the world, cultivators are seeking effective monitoring methodologies that guarantee optimal yields. The Sugarmade AI platform will enable real-time tracking of field conditions, while also providing intelligent recommendations to mitigate existing issues.” To view the full article, visit http://ibn.fm/6MEc7 About…

ThursdayMay 23, 2019 12:00 pm

Sugarmade Inc.’s (SGMD) Artificial Intelligence Development to Enable Better Hemp Cultivation, Other Agricultural Monitoring

Sugarmade Inc., one of the largest publicly traded hydroponics supply companies, recently announced that it will be developing a cultivation monitoring system based on artificial intelligence (AI) technology The system will enable real-time field monitoring and will also make intelligent recommendations to address problems Through the use of the Sugarmade monitoring system, hemp and other agricultural cultivators will ensure optimal growth conditions designed to optimize yields Sugarmade Inc. (OTCQB: SGMD), a major supplier to the growing hydroponic cultivation sector, will be developing an artificial intelligence-based hemp cultivation and agricultural monitoring system, as the company announced in a press release on…

TuesdayMay 14, 2019 11:10 am

QualityStocksNewsBreaks – Sugarmade Inc. (SGMD) Announces Corporate Initiative to Develop AI-Based Hemp Cultivation Monitoring Systems

Major supplier to the growing hydroponic cultivation sector Sugarmade (OTCQB: SGMD) this morning announced a new corporate initiative to develop cultivation monitoring systems for hemp and other agricultural commodities that will allow active monitoring of conditions in real time. Per the update, the Artificial Intelligence (“AI”) driven devices, placed at various field locations, will gather vital information about soil moisture, temperature, humidity, etc., linking the data back to central control systems. “Hemp is becoming one of the world's most valuable crops. Cultivators and investors are actively seeking ways to monitor the health of the crop to ensure maximum yields,” Sugarmade…

FridayMay 10, 2019 2:37 pm

QualityStocksNewsBreaks – Sugarmade Inc. (SGMD) Plans Expansion to Meet Rising Need Amid Kentucky Hemp Boom

A major supplier to the growing hydroponic cultivation sector, Sugarmade (OTCQB: SGMD) is planning a significant expansion of its hemp-cultivation product supplies to assist hemp farmers in Kentucky who are struggling to meet the rising demand for their crop. A recent article discussing the legislation reads, “Jimmy Chan, CEO of SGMD, noted in a news release his belief that hundreds of millions of hemp clones will be needed in that state to keep pace (http://ibn.fm/RtJ85). . . . According to Chan, the hemp industry will require plant clones for cultivation to meet future demand. He cited farmers in Kentucky facing…

WednesdayMay 08, 2019 10:59 am

Sugarmade Inc. (SGMD) Shipping Micropropagation Supplies for the Plant Clones Needed to Meet Demand from Kentucky Hemp Farmers

SGMD CEO says that the company is planning to “significantly expand” its operations to provide supplies for growers of hemp Jimmy Chan, CEO, estimates that hemp farmers in Kentucky will ultimately require “hundreds of millions” of hemp plant clones SGMD, focused on supplying hydroponic and cultivation products, has started to make deliveries of micropropagation supplies to farmers Sugarmade Inc. (OTCQB: SGMD), focused on hydroponic and hemp growing supplies, plans to significantly expand its supplies of hemp-cultivation products, specifically to farmers in Kentucky who are hard-pressed to meet booming demand. Jimmy Chan, CEO of SGMD, noted in a news release his…

FridayApr 26, 2019 3:01 pm

QualityStocksNewsBreaks – Sugarmade Inc. (SGMD) Poised to Profit after Passing of Legislation

Sugarmade (OTCQB: SGMD), a major supplier to the growing hydroponic cultivation sector, is expected to profit from cannabis banking legislation if it is approved by Congress. A recent article discussing the legislation reads, “The lack of banking services has led the cannabis enterprises to transact finances, including corporate taxes, in sometimes large sums of cash that can’t be legally mailed and have to be carried to their destinations, creating fears of heightened criminal vulnerability as the cash is moved. However, the new Congressional measures would block federal agencies from being able to ‘prohibit, penalize, or otherwise discourage a depository institution…

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