Sugarmade has agreed to acquire Sky Unlimited, LLC, a hydroponic cultivation supplier SGMD has a second formal acquisition proposal in place The company has directly invested in hemp production to benefit from explosive growth in the market for CBD products Sugarmade is also targeting the European hydroponics market California-based hydroponics company Sugarmade, Inc. (OTCQB: SGMD) … Continue reading “Sugarmade, Inc. (SGMD) Growing through Acquisition and Brand Expansion as Supplier to the Cannabis Cultivation Market”
Hydroponics supply company Sugarmade (OTCQB: SGMD) is anticipating a surge in top line revenue growth following the acquisition of two hydroponic cultivation companies. An article further discussing the company reads, “The company’s formal acquisition proposals target a profitable and cash-flow positive Southern California-based major supplier of hydroponic cultivation supplies to the wholesale sector and to … Continue reading “NetworkNewsBreaks – Sugarmade, Inc. (SGMD) Strengthening its Foothold in the Cannabis Industry through Marketing Agreements and Acquisitions”
Cannabis industry set to quadruple to $47 billion over next 10 years Sugarmade strategy centers on supplying “picks” and “shovels” to growers Focused on the supply of hydroponic cultivation systems Getting cannabis to market involves many stages. Before you can sell it, you have to grow it and perform myriad operations to ensure that’s done … Continue reading “Sugarmade, Inc. (SGMD) Set to Grow with Cannabis Industry”
Hydroponics supply company Sugarmade (OTCQB: SGMD) this morning reported that it has signed a binding Letter of Intent (“LOI”) to acquire Sky Unlimited, LLC, dba Athena United. Sky Unlimited is a supplier of cannabis cultivation materials to wholesalers and commercial cannabis cultivators. The company anticipates that this acquisition will drive earnings and shareholder value, so … Continue reading “NetworkNewsBreaks – Sugarmade, Inc. (SGMD) Inks LOI to Acquire Sky Unlimited; Increases FY2019 Revenues Guidance to $70M”
Hydroponics supply company Sugarmade (OTCQB: SGMD) is cultivating opportunity in producing ultra-high grade cannabidiol hemp ahead of increased demand. A recent article includes CEO Jimmy Chan’s comments on key opportunity and timing, stating, “We are especially excited about the particular strain of hemp that was planted, which is expected to yield up to 14 percent … Continue reading “NetworkNewsBreaks – Sugarmade, Inc. (SGMD) Cultivating Opportunity with Ultra-High Grade CBD Hemp Amidst Higher Demand”
If successful, acquisition of two profitable hydroponic cultivation supply companies will boost Sugarmade’s 2019 revenue guidance to $75 million Global hydroponics market expected to be worth more than $10 billion by 2023 Expansion into hemp market includes significant investment into hemp cultivation Hemp-derived cannabidiol market worth $591 million, expected to hit $22 billion in under … Continue reading “Sugarmade, Inc. (SGMD) Sees Significant Future Revenue Growth, Cost Synergies with Targeted Acquisition Proposals”
SeeThruEquity recommends a share price of $0.30 Bill would make hemp an ordinary agricultural product and no longer a controlled substance Hemp-derived cannabidiol market worth $591 million, expected to hit $22 billion in under five years With the U.S. Congress on the verge of making hemp an ordinary agricultural crop instead of a controlled substance, … Continue reading “SeeThruEquity Features Sugarmade, Inc. (SGMD) as Company Looks Forward to Passage of Hemp Bill”
Sugarmade (OTCQB: SGMD) has set its sights on the budding hydroponics market in Europe. An article discussing the company reads, “Sugarmade, Inc. (OTC: SGMD) is targeting the European hydroponics market, supplying multiple products for cultivators via its first order through the Amazon UK program. Its agreement calls for it to offer several dozen stock keeping … Continue reading “NetworkNewsBreaks – Sugarmade, Inc. (SGMD) Enters European Hydroponics Market”
Shares of Sugarmade, Inc. (OTCQB: SGMD) surged 10 percent in early trade, moving on volume of more than 2.5 million, after the hydroponics supply company said it has issued formal proposals to acquire two profitable hydroponic cultivation supply companies in the cannabis sector. Should the acquisitions be successful, the company said it will boost its … Continue reading “NetworkNewsBreaks – Sugarmade, Inc. (SGMD) Takes Steps to Acquire Hydroponic Companies for $45M Revenue Stream”
Hydroponic supply company Sugarmade (OTC: SGMD) is strengthening its portfolio through various proposed acquisitions as the hydroponic supply sector is forecasted to experience steady growth over the next few years. An article discussing the company reads, “Sugarmade is a Southern California company invested in the development of products and brands with disruptive potential. Recently, the … Continue reading “NetworkNewsBreaks – Sugarmade, Inc. (SGMD) Expands within Surging Hydroponics Supply Sector”
