Major supplier to the growing hydroponic cultivation sector Sugarmade (OTCQB: SGMD) this morning announced a new corporate initiative to develop cultivation monitoring systems for hemp and other agricultural commodities that will allow active monitoring of conditions in real time. Per the update, the Artificial Intelligence (“AI”) driven devices, placed at various field locations, will gather … Continue reading “NetworkNewsBreaks – Sugarmade Inc. (SGMD) Announces Corporate Initiative to Develop AI-Based Hemp Cultivation Monitoring Systems”
A major supplier to the growing hydroponic cultivation sector, Sugarmade (OTCQB: SGMD) is planning a significant expansion of its hemp-cultivation product supplies to assist hemp farmers in Kentucky who are struggling to meet the rising demand for their crop. A recent article discussing the legislation reads, “Jimmy Chan, CEO of SGMD, noted in a news … Continue reading “NetworkNewsBreaks – Sugarmade Inc. (SGMD) Plans Expansion to Meet Rising Need Amid Kentucky Hemp Boom”
SGMD CEO says that the company is planning to “significantly expand” its operations to provide supplies for growers of hemp Jimmy Chan, CEO, estimates that hemp farmers in Kentucky will ultimately require “hundreds of millions” of hemp plant clones SGMD, focused on supplying hydroponic and cultivation products, has started to make deliveries of micropropagation supplies … Continue reading “Sugarmade Inc. (SGMD) Shipping Micropropagation Supplies for the Plant Clones Needed to Meet Demand from Kentucky Hemp Farmers”
Sugarmade (OTCQB: SGMD), a major supplier to the growing hydroponic cultivation sector, is expected to profit from cannabis banking legislation if it is approved by Congress. A recent article discussing the legislation reads, “The lack of banking services has led the cannabis enterprises to transact finances, including corporate taxes, in sometimes large sums of cash … Continue reading “NetworkNewsBreaks – Sugarmade Inc. (SGMD) Poised to Profit after Passing of Legislation”
Sugarmade is focusing its hydroponic agricultural supplies operation on the emerging hemp industry Passage of the 2018 Farm Bill opened the gates to a new wave of hemp farming that portends a possible boom market The hemp industry has suffered from the same banking antipathy afflicting state-legal marijuana businesses because of federal regulation of cannabis’ … Continue reading “Sugarmade Inc. (SGMD) Among Hemp-Related Businesses Likely to Benefit if Congress Approves Cannabis Banking Legislation”
Sugarmade (OTCQB: SGMD), a major supplier to the growing hydroponic cultivation sector, recently entered an agreement with Hempistry Inc., a Kentucky-based hemp cultivator, to deliver resources for its plant micropropagation work. A recent article discussing the company reads, “Sugarmade’s supply contract with Hempistry for the latter’s micropropagation operations is expected to be an ongoing relationship, … Continue reading “NetworkNewsBreaks – Sugarmade Inc. (SGMD) Enters Supply Contract to Support Hempistry’s Micropropagation Work”
Hemp industry’s growth exhibiting boom trends in wake of the 2018 Farm Bill’s passage, altering regulatory oversight of the plant Sugarmade is focusing efforts on supporting the nascent hemp industry with hydroponic growth supplies The company has also signed a supply agreement with Kentucky-based private hemp cultivator Hempistry to support Hempistry’s micropropagation work Micropropagation helps … Continue reading “Sugarmade Inc. (SGMD) and Hempistry Ink Supply Contract amid Boom in Kentucky Hemp Industry”
Major supplier to the growing hydroponic cultivation sector Sugarmade (OTCQB: SGMD) this morning announced its entry into a supply contract with Hempistry, Inc., as the Kentucky-based hemp cultivator acquires supplies for its hemp micropropagation operation. Per the update, Sugarmade expects the supply relationship to be ongoing as Hempistry expands both domestic and international operations. “With … Continue reading “NetworkNewsBreaks – Sugarmade Inc. (SGMD) Enters Supply Contract with Hempistry, Inc.”
Sugarmade (OTCQB: SGMD) recently announced a planned acquisition of Sky Unlimited LLC, a major supplier to large commercial agricultural cultivation operations. An article discussing the company reads, “The acquisition is anticipated to generate new revenue streams from wholesale and commercial clients in both the traditional hydroponic markets and industrial hemp. . . . In a … Continue reading “NetworkNewsBreaks – Sugarmade Inc. (SGMD) Strengthens Market Position via Planned Acquisition as Cultivation Supplies Shortages Rise”
As the acreage of cultivated hemp spikes this year, shortages in cultivation supplies are accelerating Companies across the hemp cultivation supply chain are feeling the pinch; while most supply provider are privately-held, publicly traded Sugarmade Inc. stands to benefit via recently announced acquisitions In addition, Sugarmade offers various other brands that add value to additional … Continue reading “Sugarmade Inc. (SGMD) Positioned to Benefit as Constraints in Cultivation Create Unique Investment Opportunities”