ECGI Holdings Inc. (ECGI) Is ‘One to Watch’
May 21, 2024
ECGI Holdings (OTC: ECGI) is a diversified holding company with a distinctive portfolio encompassing viticulture and luxury fashion. The company owns and manages a five-acre vineyard in Lake County, California, specializing in cultivating the Petite Sirah varietal, known for its bold and rich character, aligning with the growing demand for unique and high-quality wine experiences. […]
InvestorNewsBreaks – Sugarmade Inc. (SGMD) Names New Board, Audit Committee Member
March 2, 2023
Sugarmade (OTC: SGMD), a product and branding marketing company investing in operations and technologies with disruptive potential, has appointed Darren Kenney as a new independent director and audit committee member. In the announcement, Sugarmade noted that it is focusing on an aggressive growth strategy and is looking to Kenney and his expertise to ensure the accuracy and […]
InvestorNewsBreaks – Sugarmade Inc. (SGMD) Moves to Create Dynamic New PubCo Targeting Hospitality, Entertainment and Multimedia Production Sectors
February 23, 2023
Sugarmade (OTC: SGMD), a product and branding marketing company investing in operations and technologies with disruptive potential, today announced its entry into a binding letter of intent (“LOI”) to acquire the real estate assets and businesses of Treasure Mountain Holdings, LLC and Victorville Treasure Holdings, LLC. Management believes that the full resolution of this strategic […]
InvestorNewsBreaks – Sugarmade Inc. (SGMD) Releases Letter to Shareholders, Corporate Update
February 15, 2023
Sugarmade (OTC: SGMD), a product and branding marketing company investing in operations and technologies with disruptive potential, today issued a letter to shareholders from its Chief Executive Officer Jimmy Chan. “Pivoting toward new opportunities is an essential element of good stewardship, and Sugarmade continues to welcome favorable developments in its corporate structure. While the optics […]
Sugarmade (SGMD) Issues Shareholder Letter and 2023 Corporate Update
February 15, 2023
NEW YORK, Feb. 15, 2023 (GLOBE NEWSWIRE) — via InvestorWire — Sugarmade, Inc. (OTC Pink: SGMD) (“Sugarmade,” “SGMD” or the “Company”), a product and branding marketing company investing in operations and technologies with disruptive potential, is pleased to issue the following letter to shareholders from Chief Executive Officer Jimmy Chan. Dear Valued Shareholder, Pivoting toward […]
InvestorNewsBreaks – Sugarmade Inc. (SGMD) Leveraging Portfolio Data to Improve Efficiency, Profit Margins, Top-Line Sales
October 12, 2022
Sugarmade (OTC: SGMD), an emerging leader in the licensed cannabis sector, is well poised as the California government shows support for the cannabis industry. “As the California legislature ended its session last month, more than a dozen cannabis reform bills were approved and sent to Governor Gavin Newsom for his consideration; ultimately, the governor signed […]
InvestorNewsBreaks – Sugarmade Inc. (SGMD) Lays Foundation for Significantly Expanded Manufacturing, Distribution Infrastructure
October 6, 2022
Sugarmade (OTC: SGMD), an emerging leader in the licensed cannabis sector, recently signed a management services agreement (“MSA”), marking a key milestone as the company actively strengthens its position in the California cannabis space. “SGMD signed the MSA through its subsidiary, SugarRush, which entered into the agreement with Canndis Inc., a California cannabis micro license […]
Sugarmade Inc. (SGMD) Positioning Itself in Space Seeing Growing Government Support
October 4, 2022
More than a dozen cannabis reform bills were passed by the California legislature during the summer Governor Newsom signed 10 of the bills SGMD is focused on strengthening its presence in a variety of spaces, including cannabis As the California legislature ended its session last month, more than a dozen cannabis reform bills were approved […]
Sugarmade Inc. (SGMD) Makes Strategic Advancements in Plan to Grow Presence in California Cannabis Space
September 30, 2022
SGMD inks MSA with California cannabis micro license holder Agreement “lays a foundation for a significantly expanded manufacturing and distribution infrastructure,” says CEO Key partnerships are essential pieces of Sugarmade’s focus on California cannabis space With the recent signing of a management services agreement (“MSA”) (https://ibn.fm/2KYof), Sugarmade (OTC: SGMD) is making key progress toward the […]
InvestorNewsBreaks – Sugarmade Inc. (SGMD) Subsidiary Inks MSA for Manufacturing, Distribution Expansion
August 22, 2022
Sugarmade (OTC: SGMD) subsidiary SugarRush has signed a management services agreement (“MSA”) with Canndis Inc., a California cannabis micro-license holder. The MSA outlines an expansion for the company’s manufacturing and distribution operations based on Canndis’ license, which includes delivery, manufacturing, distribution and cultivation capabilities. The MSA calls for Sugarmade to take over cannabis product manufacturing, […]
Sugarmade Signs Management Services Agreement for Cannabis Product Manufacturing, Distribution, Delivery Licensing and Facility Management Ahead of First Harvest at Its Partner’s Farm
August 22, 2022
NEW YORK, Aug. 22, 2022 (GLOBE NEWSWIRE) — via InvestorWire – Sugarmade, Inc. (OTC Pink: SGMD) (“Sugarmade” or the “Company”), an emerging leader in the licensed cannabis sector, is pleased to announce that its wholly owned subsidiary, SugarRush, has entered into a Management Services Agreement (the “MSA”) with Canndis, Inc. (“Canndis”), a California Cannabis Micro […]
InvestorNewsBreaks – Sugarmade Inc. (SGMD) Benefiting from ‘Snowballing’ Fresh Frozen Cannabis Market
July 14, 2022
Sugarmade (OTC: SGMD), an emerging leader in the licensed cannabis sector, recently announced the first transaction under its contract with Cannabis Global Inc. (OTC: CBGL). “The transaction calls for Sugarmade to produce an estimated 25,000 pounds of Fresh Frozen cannabis, which Cannabis Global will use in its product lines and will distribute to the California […]
InvestorNewsBreaks – Sugarmade Inc. (SGMD) ‘Embarking on a New and Bold Strategy’
July 5, 2022
Sugarmade (OTC: SGMD) CEO Jimmy Chan’s recent letter to shareholders outlines several strategic opportunities the company intends to pursue. “Noting several significant changes in the marketplace, including an uncertain regulatory environment, high taxes and drop in prices for cultivated cannabis products, Chan observed that numerous cannabis cultivation license holders, including unlicensed growers, have been forced […]
InvestorNewsBreaks – Sugarmade Inc. (SGMD) Signs LOI Outlining Minority Stake Acquisition of Cannabis Cultivation Property
June 30, 2022
Sugarmade (OTC: SGMD), an emerging leader in the vertically integrated cannabis sector, has taken steps toward a 40% acquisition of the business and associated property known as RMI Ventures (d/b/a Jerusalem Grade Farm). SGMD signed a letter of intent (“LOI”) agreeing to complete a definitive acquisition agreement that would make Sugarmade a minority owner of […]
Sugarmade Announces Fully Executed LOI Toward Minority Stake Acquisition of Turnkey Cannabis Cultivation Property
June 30, 2022
NEW YORK, June 30, 2022 (GLOBE NEWSWIRE) — via InvestorWire – Sugarmade, Inc. (OTC Pink: SGMD) (“Sugarmade”, “SGMD” or the “Company”) an emerging leader in the licensed cannabis sector, is excited to announce the signing of a Letter of Intent (the “LOI”) toward the acquisition of 40% of the business and associated property known as RMI Ventures […]
Sugarmade Inc. (SGMD) Announces First Transaction Under Cannabis Global Inc. Contract
June 24, 2022
SGMD will produce an estimated 25,000 pounds of Fresh Frozen cannabis, which Cannabis Global will use in its product lines The market for Fresh Frozen cannabis is “snowballing,” says Cannabis Global CEO With the rapid Fresh Frozen harvesting process, airtight storage and near cryogenic storage temperatures, almost all of the natural cannabis plant essence is […]
Sugarmade Inc. (SGMD) Shareholder Letter Outlines Short-Term, Long-Term Plans for Growth, Strong Margins
June 22, 2022
CEO notes that company will be well-positioned moving forward, “especially as our large Lemon Glow property comes online.” Short term, Sugarmade is embarking on a bold, new strategy to enter into contract arrangements with local Lake County, California, cultivators. SGMD is already in negotiations with local permitted and licensed operators that are agreeable to partnership […]
InvestorNewsBreaks – Sugarmade Inc. (SGMD) Differentiating Itself in Competitive Cannabis Space
May 27, 2022
Sugarmade (OTC: SGMD) has once again showed its expertise in savvy business strategy. “The cannabis space is known for its competition, but Sugarmade, an emerging leader in the sector, has distinguished itself by its smart, creative decisions,” a recent article reads. “Last month, Sugarmade entered into a definitive agreement designed to expand its cannabis delivery […]
InvestorNewsBreaks – Sugarmade Inc. (SGMD) Leveraging Dynamic Short- and Long-Term Strategies to Gain Market Share
May 20, 2022
Sugarmade (OTC: SGMD), an emerging leader in the licensed cannabis sector, last year completed the acquisition of Lemon Glow. The move, according to Sugarmade CEO Jimmy Chan, was part of the company’s efforts to set the stage to improve margins, expand end-market access, and grow, refine, produce, and distribute in the largest and fastest-growing cannabis […]
Sugarmade Inc. (SGMD) Announces Key Agreements that Solidify Company Strategy, Success Moving Forward
May 17, 2022
SGMD enters into a definitive agreement designed to expand its cannabis delivery footprint Company inks deal to establish a minority stake in an expanding reservation-only restaurant brand that includes private event space offering cannabis consumption Sugarmade also partners with BHG to be first-choice cannabis provider The cannabis space is known for its competition, but Sugarmade […]
Sugarmade Inc. (SGMD) Establishes Pattern of Growth, Expansion in California Cannabis Space
May 13, 2022
More than a dozen California cities are opening new recreational cannabis licensing opportunities this year, article reports SGMD has established a pattern of growth through the years, investing in a number of subsidiaries with active operations in the California cannabis sector Company also completed the acquisition of Lemon Glow and its assets, interests, property and […]
InvestorNewsBreaks – Sugarmade Inc. (SGMD) Executes on Collaborative Cannabis Cultivation Model
May 4, 2022
Sugarmade (OTC: SGMD), an emerging company in the licensed cannabis sector, today announced its first transaction relative to its collaborative cannabis cultivation strategy via a definitive and executed contract with Cannabis Global Inc. (OTC: CBGL). Under the agreement, Sugarmade, via partner licensed and permitted Lake County, California, cannabis cultivators, will produce approximately 25,000 pounds of […]
Sugamade Executes on Its Collaborative Cannabis Cultivation Strategic Model – Enters the ‘Fresh Frozen’ Cannabis Market via Contract Cultivation Contract with Cannabis Global, Inc.
May 4, 2022
NEW YORK, May 04, 2022 (GLOBE NEWSWIRE) — via InvestorWire – Sugarmade, Inc. (OTC Pink: SGMD) (“Sugarmade”, “SGMD” or the “Company”), an emerging leader in the licensed cannabis sector, today announces its first transaction relative to its collaborative cannabis cultivation strategy via a definitive and executed contract with Cannabis Global, Inc. (OTC Pink: CBGL). Under […]
InvestorNewsBreaks – Sugarmade Inc. (SGMD) Shares Corporate Update through Shareholder Letter
May 2, 2022
Sugarmade (OTC: SGMD), an emerging leader in the licensed cannabis sector, has released a shareholder letter from CEO Jimmy Chan. In the letter, Chan noted short-term turbulence in the market but reaffirmed the company’s belief that the long-term outlook for the industry is bright, particularly for California producers and distributors. The letter notes that the […]
Sugarmade (SGMD) Issues Shareholder Letter and Corporate Update
May 2, 2022
NEW YORK, May 02, 2022 (GLOBE NEWSWIRE) — via InvestorWire – Sugarmade, Inc. (OTC Pink: SGMD) (“Sugarmade”, “SGMD” or the “Company”) an emerging leader in the licensed cannabis sector, is pleased to issue the following letter to shareholders from Chief Executive Officer Jimmy Chan. Dear Sugarmade Shareholders: The California cannabis market continues to evolve, creating […]
InvestorNewsBreaks – Sugarmade Inc. (SGMD) Announces Expansion of Cannabis Delivery Business, New Distribution Model with Dining Partnership
March 30, 2022
Sugarmade (OTC: SGMD), an emerging leader in the vertically integrated cannabis marketplace based in California, has signed two definitive agreements designed to expand the company’s footprint. One of the agreements establishes SGMD’s majority ownership in a fully licensed new Hollywood cannabis delivery hub on Strip as well as a minority stake in an expanding reservation-only […]
Sugarmade Expands Cannabis Delivery Business and Launches Innovative Distribution Model with Dining Partnership
March 30, 2022
NEW YORK, March 30, 2022 (GLOBE NEWSWIRE) — via InvestorWire – Sugarmade, Inc. (OTC Pink: SGMD) (“Sugarmade”, “SGMD” or the “Company”) an emerging leader in the licensed cannabis sector, is pleased to announce the signing of Definitive Agreements (the “Agreements”) related to the Company’s expansion, including the establishment of majority ownership in a fully licensed […]
InvestorNewsBreaks – Sugarmade Inc. (SGMD) Establishing Competitive Advantage, Verticalizing Operations in Growing Marketplace
March 28, 2022
Sugarmade (OTC: SGMD) is an emerging leader in the licensed cannabis sector. The company has “set its eyes on expanding its end-market access as a central player in the growing California cannabis delivery marketplace while also developing its in-house cannabis production capacity to verticalize operations in the space,” reads a recent article. “Sugarmade currently operates […]
InvestorNewsBreaks – Sugarmade Inc. (SGMD) Exploring Potential Move into Omakase Sushi and Cannabis Venture Space
March 16, 2022
Sugarmade (OTC: SGMD), an emerging company in the licensed cannabis sector, today announced that it is exploring a possible joint venture with a well-established business to create access to the Los Angeles reservation-only omakase sushi restaurant marketplace. According to the update, the joint venture may include an on-site cannabis event area and cannabis delivery services […]
Sugarmade Exploring Potential Move into Omakase Sushi and Cannabis Venture Space in West Hollywood LA
March 16, 2022
MONROVIA, CA, March 16, 2022 (GLOBE NEWSWIRE) — via InvestorWire — Sugarmade, Inc. (OTC Pink: SGMD) (“Sugarmade” or the “Company”), an emerging company in the licensed cannabis sector, is excited to announce that the Company is exploring a possible joint venture with a well-established business to create access to the Los Angeles reservation-only omakase sushi […]
Sugarmade Inc. (SGMD) in Strong Position as California Wholesale Cannabis Prices Rebound
March 15, 2022
A “bear run” in California’s volatile wholesale cannabis market may be over “A wholesale turnaround would be welcome news for thousands of growers across the state SGMD operates Nug Avenue, a cannabis delivery service located in the Los Angeles metropolitan area As wholesale cannabis prices increase in California, cannabis companies operating in the state are […]
InvestorNewsBreaks – Sugarmade Inc. (SGMD) Attentive as Broad Federal Cannabis Decriminalization Agenda Gets off the Ground
February 11, 2022
Sugarmade (OTC: SGMD), an emerging leader in the licensed cannabis sector, is closely watching the growing bipartisan support for federal cannabis reform. A recent article, which contains excerpts from a December 2021 write-up in the National Law Review (“NLR”), reads, “‘Long-anticipated federal cannabis reform may be on the horizon… In the last month, bipartisan governors […]
InvestorNewsBreaks – Sugarmade Inc. (SGMD) Establishes Enviable Position in Legal Cannabis Market
February 2, 2022
Sugarmade (OTC: SGMD), an emerging leader in the licensed cannabis sector, is positioned in the growing legal cannabis market, which is expected to see an estimated 16.6% growth in the coming years. “At the beginning of 2021, Sugarmade CEO Jimmy Chan called 2020 a ‘landmark year’ for the company, telling shareholders that in 2021 SGMD […]
Sugarmade Inc. (SGMD) Watching Growing Support for Federal Cannabis Reform
January 31, 2022
NLR reports that bipartisan support for cannabis policies could reshape federal enforcement, set the stage for further state legalization GOP sponsorship of bills could mean greater likelihood of success SGMD’s strategic plan is centered on expanding end-market access as a central player in the growing California cannabis delivery marketplace As 2021 wound to a close, […]
Sugarmade Inc.’s (SGMD) Progress in 2021 Leads to Strong Position in Growing Cannabis Space
January 27, 2022
NA legal cannabis market size projected to grow at CAGR of 16.6% from 2022 to 2028 More than 3,500 peer-reviewed scientific papers studying cannabis were published in 2020 alone SGMD reaches key objectives, seeing key growth in 2021 After a year of impressive progress and growth, Sugarmade (OTC: SGMD) has established an enviable position in the […]
InvestorNewsBreaks – Sugarmade Inc. (SGMD) Moves to Enter Rare Cannabinoid Market Through License Agreement for Patented THC-V-Rich Chemovars
January 24, 2022
Sugarmade (OTC: SGMD), an emerging leader in the licensed cannabis sector, today announced its entry into a binding letter of intent (“LOI”) with GenCann Inc., the exclusive licensor for a set of cannabis chemovars particularly rich in the cannabinoid tetrahydrocannabivarin (“THC-V”) (the “GenCann Chemovars”). Under the terms of the LOI, Sugarmade and its licensed cannabis […]
Sugarmade Signs Binding LOI to Enter Rare Cannabinoid Market via License Agreement for Patented THC-V Rich Chemovars
January 24, 2022
NEW YORK, Jan. 24, 2022 (GLOBE NEWSWIRE) — via InvestorWire – Sugarmade, Inc. (OTC Pink: SGMD) (“Sugarmade”, “SGMD” or the “Company”) an emerging leader in the licensed cannabis sector, is pleased to announce the signing of a binding Letter of Intent (the “LOI”) with GenCann, Inc. (“GenCann”), the exclusive licensor for a set of cannabis chemovars particularly […]
InvestorNewsBreaks – Sugarmade Inc. (SGMD) Further Verticalizing Model to Drive Shareholder Value Through Margin Gains
January 21, 2022
Sugarmade (OTC: SGMD), an innovator in the dynamic California cannabis sector, has made significant progress toward its goal of becoming a central player in the growing California cannabis space. Sugarmade recently announced that its wholly-owned subsidiary, Lemon Glow Company, has received a conditional use permit (“UP”) number from the Community Development Department of Lake County, […]
InvestorNewsBreaks – Sugarmade Inc. (SGMD) Verticalizing Operations, Expanding End-Market Access in California Cannabis Delivery Marketplace
January 12, 2022
Sugarmade (OTC: SGMD), an innovator in the dynamic California cannabis sector, is leveraging the combination of NUG Avenue’s high performance and new delivery technology as it moves forward with expansion plans. NUG, which opened its doors at its initial location in March 2021, had gathered more than 10,000 unique members by the end of June […]
Sugarmade Inc. (SGMD) Subsidiary Obtains Permit, Takes Key Step Toward Commercialization
January 7, 2022
SGMD’s Lemon Glow receives conditional use permit number from county Sugarmade’s seed-to-door vision separates the company from other players in the California cannabis marketplace Estimated for Lemon Glow property could reach as much as 64 tons of dry trimmed cannabis flower annually Sugarmade (OTC: SGMD) is making significant progress toward its end goal of becoming […]