U.S. hemp industry set for CAGR of 14 percent through 2022 Interest in 23,000-acre ultra-high cannabidiol (CBD) hemp project in Kentucky Raises revenue guidance for 2019 to $70 million after announcing acquisition of hydroponics retailer Despite the abstrusity that still surrounds the legal status of hemp, cultivation of the plant in the U.S. is undergoing a … Continue reading “Sugarmade, Inc.’s (SGMD) Hydroponic Solutions Could Fast Track Growth of US Hemp Industry”
Sugarmade (OTCQB: SGMD) is a Monrovia, California-based company that invests in products and brands with disruptive potential, driving growth through brand expansion and acquisition. A recent article discussing the company reads, “Sugarmade has now announced the signing of a binding definitive agreement to acquire Sky Unlimited, LLC (http://nnw.fm/R4uVG). The company states that it expects this … Continue reading “NetworkNewsBreaks – Sugarmade, Inc. (SGMD) Investing in Products, Brands with Substantial Revenue Potential”
Cannabis industry revenues expected to top $20 billion this year and grow to over $63 billion by 2024 Hydroponics market expectations will rise with cannabis’ fortunes, anticipating a 20.7 percent CAGR worldwide through 2023 The predictions have captured specialty product supplier Sugarmade’s attention, and the company continues to develop its hydroponic supply lines Sugarmade’s acquisition … Continue reading “Sugarmade, Inc. (SGMD) Building Supply Resources to Ride Wave of Cannabis Industry Growth”
Hydroponics supply company Sugarmade (OTCQB: SGMD) has made a commitment to invest $1 million in Hempistry Inc., advancing its goal of producing ultra-high CBD-content hemp grown in Kentucky. A recent article discussing the company reads, “The investment in Hempistry is a strategic one for SGMD, as the U.S. industrial hemp market is forecast to grow … Continue reading “NetworkNewsBreaks – Sugarmade, Inc. (SGMD) Solidifies Market Position with Hempistry Investment”
Recently completed $40 million acquisition of Sky Unlimited, LLC in an effort to diversify Demand for hydroponically grown plants greater than ever Early and healthy investment in hemp solidifies company’s position as a leader in the industry As hydroponic and cultivation sectors are evolving from home operators to larger commercial cultivators, one company is making … Continue reading “Rising Hydroponics Company Sugarmade, Inc. (SGMD) Reaps Benefits of Smart Investments and Strategic Market Maneuvers”
Sugarmade invests in products and brands with considerable revenue potential The company is moving ahead into the industrial hemp space Sugarmade recently announced the signing of a binding Definitive Agreement to acquire Sky Unlimited, LLC Sugarmade, Inc. (OTCQB: SGMD) is a product and brand marketing company based in Monrovia, California. It invests in products and … Continue reading “Sugarmade, Inc. (SGMD) Signs $40 Million Definitive Agreement to Acquire Sky Unlimited”
Sugarmade invests $1 million in Hempistry through common stock to boost ultra-high CBD hemp growing The U.S. industrial hemp market is projected to hit $1 billion in revenue in 2018 Legislative process underway to legalize commercial production of industrial hemp by removing it from the Controlled Substances Act Sugarmade, Inc. (OTCQB: SGMD) is a product … Continue reading “Sugarmade, Inc. (SGMD) Invests in Hempistry to Reinforce Its CBD Market Position”
Hydroponics supply company Sugarmade (OTCQB: SGMD) is expanding in the rapidly growing cannabis industry through acquisitions, including a direct investment in hemp production. A recent article discussing the company reads, “Sugarmade is also positioned to benefit through a more direct investment in the cultivation of hemp for production of cannabidiol, or CBD, a compound with … Continue reading “NetworkNewsBreaks – Sugarmade, Inc. (SGMD) to Reap the Rewards of Explosive Growth in the CBD Market”
Hydroponics supply company Sugarmade (OTCQB: SGMD) this morning announced its signing of a binding definitive agreement to acquire Sky Unlimited, LLC, which offers a variety of popular hydroponic brands to several growing agricultural cultivation sectors through its AthenaUnited.com operations and website. Sugarmade expects the acquisition to be highly accretive to common shareholder value and is … Continue reading “NetworkNewsBreaks – Sugarmade, Inc. (SGMD) Inks $40M Definitive Agreement for Strategic Acquisition of Sky Unlimited, LLC”
Hydroponics supply company Sugarmade (OTCQB: SGMD) is in a great position for growth through its various endeavors in the diverse cannabis industry, which is forecasted to reach $47 billion within the next 10 years. An article further discussing the company reads, “The company is one of the largest publicly traded hydroponics supply companies, with brands … Continue reading “NetworkNewsBreaks – Sugarmade, Inc. (SGMD) to Grow Alongside Rapidly Expanding Cannabis Market Forecasted to Reach $47B by 2027”
