Sugarmade (OTCQB: SGMD), a major supplier to the growing hydroponic cultivation sector, is poised to benefit as the industrial hemp sector is forecasted to reach $13.03 billion by 2026 from $4.63 billion in 2018, increasing at a CAGR of 13.7% (http://nnw.fm/M1qBs). An article discussing the company reads, “There are several reasons why this market is forecast … Continue reading “NetworkNewsBreaks – Sugarmade Inc. (SGMD) Primed for Profit as Industrial Hemp Sector Rapidly Expands”
SGMD aims to market next-generation hemp machinery and proprietary extraction technologies Hemp extraction and cultivation is a growing business, as the passage of the 2018 Farm Bill continues to result in rising demand SGMD plans to provide both legacy and new technology, including water-based sonification extraction, microwaves and other low-cost techniques and equipment Sugarmade Inc. … Continue reading “Sugarmade Inc. (SGMD) Focuses on Next-Generation Extraction Tech to Prepare Hemp Sector for Expected Crop Boom”
Legislative changes and growing demand are forecast to enable the industrial hemp sector to grow at a CAGR of 13.7 percent through 2026 The worldwide market is expected to eclipse $13 billion within the next seven years Such rapid growth is expected to provide strategic expansion opportunities for innovative cultivation equipment suppliers like Sugarmade Inc. … Continue reading “Industrial Hemp Market Records Steady Growth, Creating New Opportunities for Suppliers Like Sugarmade Inc. (SGMD)”
Sugarmade (OTCQB: SGMD), a major supplier to the growing hydroponic cultivation sector, recently announced that it intends to utilize its access to advanced Chinese extraction technologies to enter the hemp CBD extraction equipment and technologies market (http://nnw.fm/1qlSN). An article discussing the company reads, “In addition to supplying ‘legacy extraction equipment to extraction companies,’ Sugarmade plans to … Continue reading “NetworkNewsBreaks – Sugarmade Inc. (SGMD) Leveraging Advanced Chinese Extraction Technologies to Enter Hemp CBD Extraction Equipment Market”
The rising global popularity of cannabidiol as a wellness product is leading market forecasts of revenues up to $22 billion by 2022 and $50 billion or more by the end of the next decade The market optimism is fueling hopes for ancillary market players as well, such as hydroponics equipment supplier Sugarmade Inc. Sugarmade announced … Continue reading “Sugarmade Inc. (SGMD) Entering Hemp CBD Extraction Equipment Market with Chinese Technological Backup”
Major supplier to the growing hydroponic cultivation sector Sugarmade (OTCQB: SGMD) this morning announced a new business initiative intended to expand its revenue base. According to the update, the company, over the coming weeks, will be entering the market for hemp extraction equipment and technologies, including several Chinese proprietary technologies, with the potential of increasing … Continue reading “NetworkNewsBreaks – Sugarmade Inc. (SGMD) to Enter Hemp Extraction Technologies and Equipment Market”
Sugarmade (OTCQB: SGMD), a major supplier to the growing hydroponic cultivation sector, entered into a supply contract with Hempistry Inc. in April, securing its spot in the newly legal industrial hemp sector (http://nnw.fm/81Jfc). A recent article discussing Sugarmade reads, “‘With at least 42,000 acres of hemp expected to be planted in Kentucky and considering an average … Continue reading “NetworkNewsBreaks – Sugarmade Inc. (SGMD) Gains Traction in Industrial Hemp Sector”
The booming hydroponics crop market is projected to be worth over $27 billion by 2022 Sugarmade is one of the largest publicly traded hydroponics supply companies investing in the legal cultivation sector The global industrial hemp market is expected to reach $10.6 billion by 2025 Sugarmade Inc. (OTCQB: SGMD), a major supplier to the growing … Continue reading “Growing Demand in Hemp Sector Breeds Opportunity for Major Hydroponics Cultivation Supplier Sugarmade Inc. (SGMD)”
Major supplier to the growing hydroponic cultivation sector Sugarmade (OTCQB: SGMD) is tapping the power of artificial intelligence to develop an innovative hemp cultivation and agricultural monitoring system. A recent article quotes Sugarmade CEO Jimmy Chan stating, “AI-based monitoring systems are especially beneficial within the hemp cultivation industry. As hemp is turning into one of … Continue reading “NetworkNewsBreaks – Sugarmade Inc. (SGMD) Tapping Power of AI in Real-Time Tracking, Monitoring System”
Sugarmade Inc., one of the largest publicly traded hydroponics supply companies, recently announced that it will be developing a cultivation monitoring system based on artificial intelligence (AI) technology The system will enable real-time field monitoring and will also make intelligent recommendations to address problems Through the use of the Sugarmade monitoring system, hemp and other … Continue reading “Sugarmade Inc.’s (SGMD) Artificial Intelligence Development to Enable Better Hemp Cultivation, Other Agricultural Monitoring”