WednesdaySep 05, 2018 1:27 pm

Sugarmade, Inc. (SGMD) Establishing Strong Position in Billion-Dollar Hemp Industry

Sugarmade announces $1 million investment in hemp company growing ultra-high CBD industrial hemp Sugarmade CEO becomes Hempistry advisor, shareholder ‘Lucrative’ supply agreement offers tremendous opportunity in fast-growing sector One of the largest publicly traded hydroponics supply companies, Sugarmade, Inc. (OTC: SGMD) is joining the ranks of savvy businesses that have chosen to enter the burgeoning hemp market. Last year, the U.S. hemp industry topped out at an impressive $820 million in revenue, and that total is expected to reach more than $1 billion by the end of 2018, with a 14 percent compound annual growth rate forecast through 2022. Sugarmade…

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TuesdayAug 28, 2018 10:11 am

QualityStocksNewsBreaks – Sugarmade, Inc. (SGMD) Files Disclosure Statement with SEC Regarding Potential Acquisitions in Hydroponic Supply Sector

Hydroponic supply company Sugarmade, Inc. (OTC: SGMD) this morning announced the filing of a disclosure statement with the Securities & Exchange Commission concerning multiple possible acquisitions. Per the update, Sugarmade has entered into formal acquisition negotiations with two companies that provide online and retail hydroponic and other agricultural cultivation supplies. “The hydroponic supply sector is still highly fragmented with many of the larger players not likely to reach public company liquidity events for the original entrepreneurial teams,” Jimmy Chan, CEO of Sugarmade, stated in the news release. “We have entered into talks with at least two of these companies for…

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MondayAug 27, 2018 11:46 am

Sugarmade, Inc. (SGMD) is “One to Watch”

Strategic investment in Hempistry, allowing Sugarmade shareholders to possibly benefit from relationship with industrial-hemp cultivation company Industrial hemp market in the U.S. projected to reach over $1 billion in revenues in 2018 with an expected 14% CAGR through 2022 Sugarmade is one of the largest, publicly traded hydroponic supply companies investing in the legal cultivation sector Expansion into European hydroponics supply market to provide additional revenue growth opportunities Led by experienced team of executives instrumental in successfully growing multiple business operations Sugarmade, Inc. (OTC: SGMD), one of the largest publicly traded hydroponics supply companies moving into the industrial hemp space,…

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