Sugarmade (OTCQB: SGMD), together with its BudCars Cannabis Delivery Service (“BudCars”), today provided current and prospective shareholders with BudCars performance data for the month of June. According to the update, BudCars achieved total sales of $502,903 in June, representing 36% sequential monthly top-line growth, with total sales and profits now growing by more than 30% … Continue reading “NetworkNewsBreaks – Sugarmade, Inc.’s (SGMD) BudCars Achieves Another Breakout Month With Record Growth in Every Metric”
Sugarmade (OTCQB: SGMD) today released a shareholder letter on behalf of its CEO, which discussed tremendous growth of its BudCars business, preparations to open a BudCars hub in Los Angeles, as well as what the company believes is a much larger opportunity ahead. “We have completed considerable analysis, the results of which point to strong … Continue reading “NetworkNewsBreaks – Sugarmade, Inc. (SGMD) CEO Discusses Expansion and the Road Ahead in Shareholder Letter”
Sugarmade (OTCQB: SGMD), together with its BudCars Cannabis Delivery Service (“BudCars”), today announced that the Company is submitting an application to the California Bureau of Cannabis Control to expand into cannabis cultivation as part of a strategic plan to partially verticalize its BudCars model, a process that management strongly believes will further increase the Company’s … Continue reading “NetworkNewsBreaks – Sugarmade, Inc. (SGMD) Announces Plans to Expand into Cannabis Cultivation in Verticalization of BudCars Model”
Company announced its BudCars Cannabis Delivery Service racked up 58% month over month sales growth SGMD CEO notes that “we believe our daily sales in the LA area could triple that figure relatively quickly” In addition to impressive sales figures, Sugarmade maintained extremely strong supplier relationships Sugarmade (OTCQB: SGMD), an early pioneer within California’s regulated … Continue reading “Sugarmade Inc. (SGMD) Reports Record Growth, Anticipate Continued Robust Numbers”
Sugarmade (OTCQB: SGMD), together with its BudCars Cannabis Delivery Service (“BudCars”), today announced record growth in gross profits and gross profit margins for BudCars sales during the month of May (up 46% on a sequential month-over-month basis). Per the update, the Company continues to experience strong signals during the first half of June, with gross … Continue reading “NetworkNewsBreaks – Sugarmade, Inc. (SGMD) Announces Record BudCars Sales Growth as It Gears Up to Open First LA Hub”
Sugarmade (OTCQB: SGMD), together with its BudCars Cannabis Delivery Service (“BudCars”), today announced record growth data for BudCars sales during the month of May. According to the update, the company posted nearly 30% sequential monthly growth over April sales and continues to see week-over-week sales growth at 10%, which suggests that BudCars will surpass $10 … Continue reading “NetworkNewsBreaks – Sugarmade, Inc.’s (SGMD) BudCars Achieves Record May Sales, Continues to See 10% Week-Over-Week Growth”
Sugarmade (OTCQB: SGMD) was recently the subject of a report conducted by Global Small Cap Research (http://nnw.fm/WuSY7). An article discussing the report reads, “Outlining what it called a ‘near-perfect business world’ for cannabis delivery operators, the report made a strong case by observing that ‘Sugamade is enjoying participation in a rapidly growing market. . . . … Continue reading “NetworkNewsBreaks – Sugarmade Inc. (SGMD) Featured in Global Small Cap Research Report”
Sugarmade’s (OTCQB: SGMD) recently acquired BudCars Cannabis Delivery Service announced on April 16 that it was expanding into the Southern California marketplace (http://nnw.fm/6c8TY). An article discussing the company reads, “‘Our Sacramento locations will pass the $10 million mark for annualized sales within the next 60 to 90 days,’ Sugarmade CEO Jimmy Chan stated in a … Continue reading “NetworkNewsBreaks – Sugarmade Inc.’s (SGMD) BudCars Cannabis Delivery Service Expands into LA Area”
Sugarmade (OTCQB: SGMD), together with its BudCars Cannabis Delivery Service, today announced record growth data for BudCars sales during the month of April, with sales growing 58% on a sequential monthly basis over March sales on an average daily volume basis. According to the update, data for the month of May already indicates a strong … Continue reading “NetworkNewsBreaks – Sugarmade, Inc. (SGMD) Reports Record Increase in BudCars Sales Ahead of LA Launch, Expects Continued Dramatic Growth”
April 2020 Global Small Cap Research report offers analysis of SGMD, BudCars Cannabis Delivery Service Report urges investors to watch BudCars recently announced expansion into LA, likely world’s most lucrative market COVID-19 has sent an already growing industry – cannabis delivery services – into overdrive A third-party April 2020 report conducted by Global Small Cap … Continue reading “Sugarmade Inc. (SGMD) Entering ‘Near-Perfect’ Business World, Enjoying Significant Business Opportunity”
