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Sugarmade, Inc. (OTC: SGMD)

Sugarmade, Inc. (OTC: SGMD) https://www.networknewswire.com/wp-admin/post.php?post=30940&action=edit

Investment Considerations
  • While many businesses are seeing coronavirus downturns, cannabis delivery service companies are seeing boom times
  • Despite reported issues within California’s regulated cannabis industry, positive changes have occurred as regulators work to improve the system
  • As black-market operators are driven out of the market, a need for legal operators is created
  • Sacramento population—as California’s third-largest metropolitan area at 2.4 million people—shows growing acceptance of cannabis use and delivery
  • Strategic investment in Hempistry, allowing Sugarmade shareholders to possibly benefit from a relationship with industrial-hemp cultivation companies
  • The global industrial hemp market size was estimated at USD $4.71 billion in 2019 and is expected to register a revenue-based CAGR of 15.8% over forecast period 2016-2027
  • Led by experienced team of executives instrumental in successfully growing multiple business operations
Additional Resources

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