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InvestorNewsBreaks

InvestorNewsBreaks – Sugarmade Inc. (SGMD) Continues to Build Top-Tier, Leading Position in California Cannabis Marketplace

October 18, 2021

Sugarmade (OTC: SGMD), an innovator in the dynamic California cannabis sector, has closed on its most recent acquisition. The company intends to use the parcel located in Los Angeles as a new distribution/delivery hub for its Nug Avenue cannabis delivery segment. An article discussing the move quotes Sugarmade CEO Jimmy Chan, saying, “We are very […]

InvestorNewsBreaks

InvestorNewsBreaks – Sugarmade Inc. (SGMD) on Course to Quadruple Distribution Footprint, Establish Cultivation Operations

October 13, 2021

Sugarmade (OTC: SGMD), an innovator in the dynamic California cannabis sector, has signed a definitive agreement to obtain three non-storefront California cannabis licenses from the Los Angeles Department of Cannabis Regulation (“DCR”), along with corresponding licenses from the California Bureau of Cannabis Control (“BCC”). Each of the licenses can be used for up to three […]

InvestorNewsBreaks

InvestorNewsBreaks – Sugarmade Inc. (SGMD) Committed to Becoming True ‘Farm-to-Door’ Cannabis Company

October 8, 2021

Sugarmade (OTC: SGMD), an innovator in the dynamic California cannabis sector, recently updated its current and prospective shareholders to cover key milestones in the company’s strategic plan. The update included details on its growing Nug Avenue operations and additional strides toward verticalizing its model through the acquisition of California cannabis licenses and potentially establishing commercial […]

InvestorNewsBreaks

InvestorNewsBreaks – Sugarmade Inc. (SGMD) Leveraging ‘Prime Spot’ for Expansion of Cannabis Delivery Business

October 1, 2021

Sugarmade (OTC: SGMD), an innovator in the dynamic California cannabis sector, is positioned for opportunity as states that have already legalized cannabis, such as California, are seeing a spike in business due to the overwhelming convenience of product delivery. Sugarmade, as an innovator in the dynamic California cannabis scene with majority control and ownership of […]

News Articles

Sugarmade Inc. (SGMD) Closes on Property Acquisition, Will Use LA Spot as Nug Avenue Delivery Hub

September 27, 2021

Cannabis-delivery acquisitions increasing as companies want in on explosive growth of e-commerce cannabis sales CEO announces newly acquired property will serve as location of new SGMD Nug Avenue delivery hub Sugarmade signed MOU for licenses to serve as essential piece of plan to open three cannabis-related commercial operations in California Amid growing interest and acquisition […]

News Articles

Sugarmade Inc. (SGMD) Signs Agreement to Gain Key Licenses for Planned Cannabis Delivery Expansion

September 23, 2021

SGMD anticipates using the licenses for three new vertically integrated Nug Avenue cannabis delivery hubs Each of the licenses can be used for up to three of five categories of licensed cannabis-related business activities Definitive agreement aligns with announcement that Sugarmade has acquired LA property for first of new Nug Avenue cannabis delivery hubs In […]

News Articles

Sugarmade Inc. (SGMD) Releases Shareholder Update Spotlighting Company Milestones 

September 22, 2021

Nug Avenue has picked up more than 10,000 new unique members as of the end of June, significantly exceeding initial projections Sugarmade has opened an escrow account for the purpose of acquiring property in California to be used for delivery hub SGMD has taken steps toward making an offer on licenses for the state of […]

News Articles

Sugarmade Inc. (SGMD) Ideally Positioned in Billion-Dollar Space ‘Ripe for Cannabis Delivery’

September 20, 2021

States that have already legalized cannabis are seeing a spike in business thanks to the overwhelming convenience of cannabis delivery Article reports that delivery services can “help surge revenue for retailers that jump in to take advantage” Earlier this year, SGMD launched a new business initiative for the licensed delivery of cannabis products According to […]

InvestorNewsBreaks

InvestorNewsBreaks – Sugarmade Inc. (SGMD) Inks Definitive Agreement to Acquire California Cannabis Licenses

August 31, 2021

Sugarmade (OTC: SGMD), an emerging leader in the vertically integrated cannabis marketplace based in California, has signed a definitive agreement outlining the acquisition of three nonstorefront California cannabis licenses from the Department of Cannabis Regulation (“DCR”) in Los Angeles; the agreement also includes corresponding licenses from the California Bureau of Cannabis Control (“BCC”). Both pieces […]

InvestorNewsBreaks

InvestorNewsBreaks – Sugarmade Inc. (SGMD) Closes on Acquisition of Property Designated as Second LA Nug Avenue Delivery Hub

August 17, 2021

Sugarmade (OTC: SGMD), an emerging leader in the vertically integrated cannabis marketplace based in California, has closed on its previously announced acquisition of a Los Angelese property; the company noted that the property has been designated as a new distribution and delivery hub for SGMD’s Nug Avenue cannabis delivery segment. The company has also previously […]

InvestorNewsBreaks

InvestorNewsBreaks – Sugarmade Inc. (SGMD) Issues Update on Recent Acquisition of Pivotal Asset

August 12, 2021

Sugarmade (OTC: SGMD), an emerging leader in the vertically integrated cannabis marketplace based in California, today provided current and prospective shareholders with an update on its recent acquisition, Lemon Glow Company Inc. The acquisition included all of Lemon Glow’s assets, interests, property, and rights, including 640 acres of real estate (the “property”) located in Lake […]

InvestorNewsBreaks

InvestorNewsBreaks – Sugarmade Inc. (SGMD) Eyes Making ‘Big Impact on the LA Cannabis Delivery Marketplace’

August 5, 2021

Sugarmade (OTC: SGMD) is leveraging its position as a 70% stakeholder in NUG Avenue, a Southern California-based cannabis delivery service. This bodes well for the company as consumers are increasingly relying on home delivery for many goods, including cannabis. California, the largest state economy in the country and the sixth largest economy in the world, […]

InvestorNewsBreaks

InvestorNewsBreaks – Sugarmade Inc. (SGMD) Moves Closer to Vertically Integrated Cannabis Model

July 30, 2021

Sugarmade (OTC: SGMD), an innovator in the dynamic California cannabis sector, has made a series of strategic acquisitions to strengthen its positioning in the industry. The company, already a central player in California’s expanding cannabis delivery space, is focused on developing a full farm-to-door vertically integrated cannabis business model. As part of this effort, Sugarmade […]

InvestorNewsBreaks

InvestorNewsBreaks – Sugarmade Inc. (SGMD) Issues Shareholder Update Outlining Growing Nug Avenue Operations, Strides Toward Vertical Integration

July 22, 2021

Sugarmade (OTC: SGMD), an emerging leader in the vertically integrated cannabis marketplace based in California, today updated current and prospective shareholders on its growing Nug Avenue operations. The update also included progress on the company’s continued strides toward verticalizing its model through the acquisition of California cannabis licenses and potentially establishing commercial operations in the […]

News Articles

Sugarmade Inc. (SGMD) Makes Mark in Expanding LA Cannabis Delivery Space

July 16, 2021

Cannabis sales in California hit $4.4 billion last year, up 57% from the year prior. Consumers are relying on home delivery for many goods, including cannabis. With its Nug Avenue acquisition, SGMD plans to make significant impact on LA cannabis delivery marketplace. Boasting the largest state economy in the country and the sixth largest economy […]

News Articles

Sugarmade Inc.’s (SGMD) Acquisition Strategy Moves Company Closer to Realizing Full Farm-to-Door Model

July 15, 2021

Most recently SGMD signed MOU to obtain three non-storefront California cannabis licenses. Sugarmade plans to open three new Nug Avenue cannabis delivery hubs in the Los Angeles metro area. In May, the company completed the acquisition of Lemon Glow Company Inc., along with all of its assets, interests, property and rights. In a series of […]

InvestorNewsBreaks

InvestorNewsBreaks – Why Sugarmade Inc. (SGMD) Is ‘One to Watch’

July 8, 2021

Sugarmade (OTC: SGMD), an innovator in the dynamic California cannabis sector, is a product and brand marketing company investing in operations and technologies with disruptive potential. The company is focused on collaborating with real people in real time to identify emerging desires and behaviors poised to unlock new pathways and opportunities for growth. “Sugarmade seeks […]

News Articles

Sugarmade, Inc. (SGMD) Is ‘One to Watch’

June 29, 2021

Sugarmade Inc. aims to expand its end-market access as a central player in the growing California cannabis delivery marketplace while developing its in-house cannabis production capacity to verticalize operations in the space The company has made key cannabis industry investments in NUG Avenue and BudCars On May 17, 2021, Sugarmade announced its entry into a […]

InvestorNewsBreaks

InvestorNewsBreaks – Sugarmade Inc. (SGMD) Announces Acquisition MOU, Large-Scale Expansion

June 10, 2021

Sugarmade (OTC: SGMD), a product and branding marketing company investing in operations and technologies with disruptive potential, has signed a memorandum of understanding (“MOU”) outlining the acquisition of three non-storefront California cannabis licenses. The licenses come from the Los Angeles Department of Cannabis Regulation (“DCR”), as well as corresponding licenses from the California Bureau of […]

InvestorNewsBreaks

InvestorNewsBreaks – Sugarmade Inc. (SGMD) Completes Lemon Glow Acquisition

May 17, 2021

Sugarmade (OTC: SGMD), a product and branding marketing company investing in operations and technologies with disruptive potential, announced that it has closed on its previously announced acquisition of Lemon Glow Company Inc., including all of the company’s assets, interests, property and rights, The acquisition includes 640 acres in Lake County, California, outside of the Commercial […]

InvestorNewsBreaks

InvestorNewsBreaks – Sugarmade Inc. (SGMD) Signs LOI to Acquire Cultivation Company

April 1, 2021

Sugarmade (OTC: SGMD) has signed a letter of intent (“LOI”) regarding the acquisition of  California-based Lemon Glow Company Inc., along with all the company assets, interests, property and rights; included in the planned acquisition is 640 acres of property located in Lake County, outside of the Commercial Cannabis Cultivation Exclusion Zones. The LOI stipulates that […]

InvestorNewsBreaks

InvestorNewsBreaks – Sugarmade Inc. (SGMD) Announces Corporate Update

March 25, 2021

Sugarmade (OTC: SGMD), an innovator in the dynamic California cannabis sector, today issued an update on its operations, including details about the recent opening of its new Nug Avenue cannabis delivery operation, located in the large and rapidly growing Los Angeles metro cannabis marketplace. “We are moving forward with our core strategic plan, as announced […]

InvestorNewsBreaks

InvestorNewsBreaks – Sugarmade Inc. (SGMD) Secures 70% Stake in Nug Avenue, Enters Burgeoning Los Angeles Cannabis Delivery Market

February 12, 2021

Sugarmade (OTCQB: SGMD), an innovator in the dynamic California cannabis scene, today announced that it is launching a new business initiative for the licensed delivery of cannabis products to consumers in the Los Angeles metropolitan area. Through a definitive agreement that closed on Feb. 8, 2021, the company has acquired a 70% stake in the […]

InvestorNewsBreaks

InvestorNewsBreaks – Sugarmade Inc. (SGMD) Issues Shareholder Letter on Expansion, Progress on Farm-to-Door Verticalization

January 6, 2021

Sugarmade (OTCQB: SGMD) today issued a letter to its shareholders as it continues to steer the company into what it hopes will be a leadership role in the rapidly growing cannabis marketplace as a vertically integrated farm-to-door solution for cannabis consumers. According to the update, 2020 was a landmark year for Sugarmade as it established, […]

InvestorNewsBreaks

InvestorNewsBreaks – Sugarmade Inc. (SGMD) Set to Drive ‘Strong Margins Up and Down the Chain’

December 3, 2020

Sugarmade (OTCQB: SGMD), a leading, multidivisional/multiproduct/multisector supply company, recently secured rights to a property zoned for cannabis cultivation. The company is well on its way to benefit from this move, already in the process of obtaining cannabis cultivation licensing, preparing archaeological and biological surveys, and assembling documentation related to the architectural and engineering plans for […]

InvestorNewsBreaks

InvestorNewsBreaks – Sugarmade Inc. (SGMD) Leveraging ‘Tangible Catalysts’ to Drive Growth

November 18, 2020

Sugarmade (OTCQB: SGMD), a leading, multidivisional/multiproduct/multisector supply company, recently outlined “building blocks of a coherent and cohesive strategic vision” in a letter to shareholders from the company’s CEO Jimmy Chan. In the update, Chan discussed “next steps to manifest that vision and drive strong and sustained shareholder value as a key emerging leader in the […]

News Articles

Sugarmade Inc. (SGMD) Reports BudCars Q3 Numbers, Company Continues to Post Record Sales

November 9, 2020

SGMD releases key numbers for BudCars Q3 2020 financial report CEO reports that company “continues to perform, setting records in basically every key metric we track” BudCars has seen consistent growth since Sugarmade acquired 40% stake in the Sacramento-based cannabis delivery service Steadily growing gross margins, more than 60% growth and $2 million in gross […]

InvestorNewsBreaks

InvestorNewsBreaks – Sugarmade Inc. (SGMD) Undertakes Marketing Analysis Ahead of Planned BudCars Expansion

November 5, 2020

Sugarmade (OTCQB: SGMD) today announced that, in anticipation of the planned expansion of the BudCars cannabis delivery service into new territories, it has undertaken an analysis of the efficacy of marketing spending relative to market size and population for the existing BudCars regional delivery footprint. According to the update, Sugarmade believes this may provide some […]

News Articles

Sugarmade Inc. (SGMD) Issues Letter to Shareholders on Upcoming Expansion Steps

November 4, 2020

SGMD shareholder letter outlines building blocks of strategic vision Chan talks about two themes: geographic expansion for BudCars and Sugarmade’s move to cultivation operations BudCars is expanding into North San Francisco Bay area and wine country counties, then Los Angeles In a letter to shareholders thanking them for their support, Sugarmade (OTCQB: SGMD) CEO Jimmy […]

InvestorNewsBreaks

InvestorNewsBreaks – Sugarmade Inc. (SGMD) Has ‘Strategic Pieces in Place to Capitalize on Cultivation’

October 27, 2020

Sugarmade (OTCQB: SGMD), a leading, multidivisional/multiproduct/multisector supply company, recently entered into an agreement to lease five acres of land in Northern California (https://ibn.fm/d1XdV). SGMD intends to use the property, which is zoned for cannabis cultivation, to establish and operate licensed production with the capacity to produce as much as 3.6 million grams of high-quality cannabis […]

Press Releases

Sugarmade Signs Definitive Agreement to Acquire California Cannabis Licenses to Provide for the Opening of Three New Vertically Integrated Nug Avenue Locations

August 31, 2021

NEW YORK, Aug. 31, 2021 (GLOBE NEWSWIRE) — via InvestorWire — Sugarmade, Inc. (OTCMKTS:SGMD) (“Sugarmade,” “SGMD,” or the “Company”), an emerging leader in the vertically integrated cannabis marketplace based in California, is excited to announce the signing of a Definitive Agreement to obtain three non-storefront California Cannabis licenses from the Los Angeles Department of Cannabis […]

Press Releases

Sugarmade Announces Closing of Acquisition of New Property to Serve as Second Licensed LA Nug Avenue Delivery Hub

August 17, 2021

NEW YORK, Aug. 17, 2021 (GLOBE NEWSWIRE) — via InvestorWire – Sugarmade, Inc. (OTCMKTS: SGMD) (“Sugarmade”, “SGMD”, or the “Company”), an emerging leader in the vertically integrated cannabis marketplace based in California, is excited to announce the closing of the Company’s acquisition of a property in Los Angeles that will serve as a new distribution/delivery hub […]

Press Releases

Sugarmade Updates Recent Acquisition of Cannabis Cultivation Property

August 12, 2021

NEW YORK, Aug. 12, 2021 (GLOBE NEWSWIRE) — via InvestorWire — Sugarmade, Inc. (OTCMKTS: SGMD) (“Sugarmade,” “SGMD,” or the “Company”), an emerging leader in the vertically integrated cannabis marketplace based in California, is pleased to provide current and prospective shareholders with an update on its recent acquisition, Lemon Glow Company, Inc. (“Lemon Glow”), which included […]

Press Releases

Sugarmade Provides Shareholder Update: Nug Avenue Operational Growth, Implementation of New Licenses, and Potential Expansion into Oregon Cannabis Delivery Marketplace

July 22, 2021

NEW YORK, July 22, 2021 (GLOBE NEWSWIRE) — via InvestorWire — Sugarmade, Inc. (OTCMKTS:SGMD) (“Sugarmade,” “SGMD” or the “Company”), an emerging leader in the vertically integrated cannabis marketplace based in California, is pleased to update current and prospective shareholders on the Company’s growing Nug Avenue operations, as well as further strides toward verticalizing its model […]

Press Releases

Sugarmade Signs MOU to Acquire Three California Cannabis Licenses, Plans Large-Scale Nug Avenue Expansion in World’s Premier Cannabis Market

June 10, 2021

NEW YORK, June 10, 2021 (GLOBE NEWSWIRE) — via InvestorWire – Sugarmade, Inc. (OTCMKTS:SGMD) (“Sugarmade”, “SGMD”, or the “Company”) today announces the signing of a Memorandum of Understanding (the “MOU”) to obtain three non-storefront California Cannabis licenses from the Los Angeles Department of Cannabis Regulation (the “DCR”), along with corresponding licenses from the California Bureau […]

Press Releases

Sugarmade Closes Lemon Glow Acquisition, Gaining Cannabis Property Capable of 64 Tons of Cannabis Flower Production Per Annum

May 17, 2021

NEW YORK, May 17, 2021 (GLOBE NEWSWIRE) — via InvestorWire – Sugarmade, Inc. (OTCMKTS: SGMD) (“Sugarmade”, “SGMD”, or the “Company”) is pleased to announce the signing of a Definitive Agreement (the “Agreement”) for its acquisition of Lemon Glow Company, Inc. (“Lemon Glow”) and all of its assets, interests, property, and rights, including 640 acres of […]

Press Releases

Sugarmade Signs Binding LOI to Acquire Cultivation Operation with Potential for 64 Tons of Cannabis Flower Production Per Annum

April 1, 2021

NEW YORK, April 01, 2021 (GLOBE NEWSWIRE) — via InvestorWire — Sugarmade, Inc. (OTCMKTS:SGMD) (“Sugarmade,” “SGMD” or the “Company”) is excited to announce the signing of a Binding Letter of Intent (the “LOI”) for the acquisition of Lemon Glow Company, Inc., a California corporation (“Lemon Glow”), including all of Lemon Glow’s assets, interests, property, and […]

Press Releases

Sugarmade Issues Corporate Update

March 25, 2021

NEW YORK, March 25, 2021 (GLOBE NEWSWIRE) — via InvestorWire – Sugarmade, Inc. (OTCMKTS: SGMD) (“Sugarmade”, “SGMD”, or the “Company”) is pleased to issue the following update on operations, including information about the recent opening of its new Nug Avenue cannabis delivery operation, located in the large and rapidly growing Los Angeles metro cannabis marketplace. […]

Press Releases

Sugarmade Closes Definitive Agreement to Acquire Majority Stake in Nug Avenue, Entering the Hyper-Growth Los Angeles Cannabis Delivery Market

February 12, 2021

MONROVIA, Calif., Feb. 12, 2021 (GLOBE NEWSWIRE) — via InvestorWire – Sugarmade, Inc. (OTC:SGMD) (“Sugarmade,” “SGMD” or the “Company”), an innovator in the dynamic California cannabis scene, today announces it is launching a new business initiative for the licensed delivery of cannabis products to consumers in the Los Angeles metropolitan area. Via a definitive agreement […]

Press Releases

Sugarmade Issues Letter to Shareholders on Verticalization, Expansion and the Path Ahead in 2021

January 6, 2021

MONROVIA, Calif., Jan. 06, 2021 (GLOBE NEWSWIRE) — via InvestorWire – Sugarmade, Inc. (OTCMKTS:SGMD) (“Sugarmade” or the “Company”) is pleased to issue the following Letter to Shareholders: Dear Valued Shareholder, We would like to express our gratitude for your patience and commitment as we continue to steer Sugarmade into what we hope will be a […]

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