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NetworkNewsBreaks – Sugarmade Inc. (SGMD) Releases BudCars Q3 Numbers, Report Highlights Sales Records for Burgeoning Business

Sugarmade (SGMD), a leading, multidivisional/multiproduct/multisector supply company, has shared a preannouncement of financial numbers for its BudCars Cannabis Delivery Service (“BudCars”). The announcement notes several new sales records. Highlights of the report include gross receipts reaching nearly $2 million, with more than 60% growth being reported in net sales, customer orders and gross profits on … Continue reading “NetworkNewsBreaks – Sugarmade Inc. (SGMD) Releases BudCars Q3 Numbers, Report Highlights Sales Records for Burgeoning Business”

NetworkNewsBreaks – Sugarmade Inc. (SGMD) Updates Shareholders on Two Key Initiatives

Sugarmade (OTCQB: SGMD), today issued a letter to its shareholders, on behalf of its CEO Jimmy Chan, that provided an update on coming expansion steps in regard to its BudCars delivery service as well as the company’s vertical integration. “Today, I want to highlight two themes that will help to drive our value proposition for … Continue reading “NetworkNewsBreaks – Sugarmade Inc. (SGMD) Updates Shareholders on Two Key Initiatives”

Sugarmade (SGMD) Numbers In Line with Cannabis Industry Increasing Projections

Projections for U.S. retail sales of medical, recreational cannabis on pace to reach $15 billion by end of 2020 SGMD seeing consistent growth in numbers, supporting expert predictions CEO reports “increase in gross margins while demonstrating another breakout month-over-month performance on both the top and bottom line” Even with the global COVID-19 pandemic causing a … Continue reading “Sugarmade (SGMD) Numbers In Line with Cannabis Industry Increasing Projections”

Sugarmade, Inc. (SGMD) Leases Property with Plans for Licensed Cannabis Cultivation Operations

SGMD signs agreement to lease five acres of land in Northern California Company preparing required documentation to apply for approval for construction of greenhouses, processing building Sugarmade to market cannabis as both white-label and branded cannabis products; also likely be distributed through BudCars Cannabis Delivery Service Sugarmade (OTC: SGMD), a product and branding marketing company … Continue reading “Sugarmade, Inc. (SGMD) Leases Property with Plans for Licensed Cannabis Cultivation Operations”

NetworkNewsBreaks – Sugarmade Inc.’s (SGMD) BudCars Featured on ‘Cannabis Talk 101’

Sugarmade’s (OTCQB: SGMD) BudCars Cannabis Delivery Service was spotlighted during a recent episode of “Cannabis Talk 101.” BudCars founder and CEO Clinton Walker joined the program to discuss the history, future and impressive potential of the budding business in which Sugarmade holds strategic investment. Among other highlights, Walker discussed the upcoming opening of LA BudCars … Continue reading “NetworkNewsBreaks – Sugarmade Inc.’s (SGMD) BudCars Featured on ‘Cannabis Talk 101’”

Sugarmade (SGMD) 8K Filing Notes Status, Potential of Upcoming LA-Based Cannabis-Delivery Locations

SGMD has filed updated Form 8K Current Report with SEC Filing includes information about issues related to company’s status, including planned expansion of BudCars cannabis-delivery service Sugarmade sees “major business opportunities out of both sites once operations begin” Sugarmade (OTCQB: SGMD), a product and branding marketing company investing in operations and technologies with disruptive potential, … Continue reading “Sugarmade (SGMD) 8K Filing Notes Status, Potential of Upcoming LA-Based Cannabis-Delivery Locations”

Sugarmade Inc. (SGMD) Garners Accolades by BudCars CEO on Top Cannabis Nationwide Radio Show

BudCars CEO featured guest during “Cannabis Talk 101” show SGMD partnership allowed company to “focus on growth” Walker recognizes Sugarmade’s great accounting, management team The history and future of BudCars Cannabis Delivery Service was spotlighted during a recent “Cannabis Talk 101” episode. BudCars founder and CEO Clinton Walker was a featured guest on the global … Continue reading “Sugarmade Inc. (SGMD) Garners Accolades by BudCars CEO on Top Cannabis Nationwide Radio Show”

NetworkNewsBreaks – Sugarmade Inc. (SGMD) Signs Agreement for Property to Use for Planned Cannabis Cultivation

Sugarmade (SGMD) a leading, multidivisional/multiproduct/multisector supply company, has entered into a property lease agreement with LMK Capital LLC. The agreement includes five acres of cropland located in Northern California, which has been zoned for cannabis cultivation. Sugarmade plans to use the property to operate a licensed cannabis production business, which it anticipates may produce up … Continue reading “NetworkNewsBreaks – Sugarmade Inc. (SGMD) Signs Agreement for Property to Use for Planned Cannabis Cultivation”

NetworkNewsBreaks – Sugarmade Inc. (SGMD) Signs LOI, Plans to Operate California Cannabis Cultivation Facility

Sugarmade Inc. (OTCQB: SGMD), a leading, multidivisional/multiproduct/multisector supply company announced it has signed a nonbinding letter of intent (“LOI”) to negotiate a definitive lease agreement granting access to an estimated 40 acres of property located in North California. The LOI is with LMK Capital LLC. SGMD announced that it plans to allocate five acres of … Continue reading “NetworkNewsBreaks – Sugarmade Inc. (SGMD) Signs LOI, Plans to Operate California Cannabis Cultivation Facility”

NetworkNewsBreaks – Sugarmade Inc. (SGMD) Has ‘Only Scratched the Surface of What Is Possible’ for BudCars

Sugarmade (OTCQB: SGMD), a leading, multidivisional/multiproduct/multisector supply company, has continued to set multiple performance records and achieve disruptive growth through its BudCars Cannabis Delivery Service. A recent article discussing this outlines the company’s strategic initiatives and quotes Sugarmade CEO Jimmy Chan, who stated, “We are pursuing three primary avenues to drive growth: organic execution, geographic … Continue reading “NetworkNewsBreaks – Sugarmade Inc. (SGMD) Has ‘Only Scratched the Surface of What Is Possible’ for BudCars”

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