NetworkNewsBreaks – Sugarmade, Inc. (SGMD) Closes Agreement to Acquire Significant Stake in Sacramento-Based Budcars Cannabis Delivery Service
Sugarmade (OTCQB: SGMD) today announced the closing of an agreement to acquire a significant stake in Sacramento-based Budcars Cannabis Delivery Service, owned by Indigo Dye Group Corp. According to the update, Sugarmade will acquire 40% of Budcars for $700,000 and will be granted an option to purchase an additional 30% stake, providing Sugarmade with a controlling interest in the growing delivery service, which serves the greater Sacramento, California metropolitan area. “Many of us have seen the multitudes of negative news stories about problems in California’s regulated cannabis industry. While there certainly are issues, there are also many positive changes happening…







