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InvestorNewsBreaks

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 […]

News Articles

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 […]

News Articles

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

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

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 […]

News Articles

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 […]

News Articles

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

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 […]

InvestorNewsBreaks

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 […]

Press Releases

Sugarmade (SGMD) Issues Shareholder Letter and Corporate Update

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

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 […]

InvestorNewsBreaks

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

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 […]

News Articles

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

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

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 […]

News Articles

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, […]

News Articles

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

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 […]

InvestorNewsBreaks

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

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 […]

News Articles

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 […]

News Articles

Sugarmade Inc.’s (SGMD) Nug Avenue Growth Fuels Expansion Plans

January 5, 2022

Nug Avenue success provides healthy backdrop as SGMD looks ahead to opening new locations In addition to adding members, Nug Avenue has added new cannabis delivery technology to its format New delivery tech provides everything from route optimization to real-time delivery updates, saving time and money while producing higher customer satisfaction Cannabis delivery continues to […]

InvestorNewsBreaks

InvestorNewsBreaks – Sugarmade Inc. (SGMD) Releases Corporate Update, Notes Nug Avenue Growth

December 8, 2021

Sugarmade (OTC: SGMD), an emerging leader in the vertically integrated cannabis marketplace based in California, is moving toward new growth initiatives and expanding organically, according to a recent corporate update. The company noted that the expansion was organic, within the framework of its primary operating vision. Currently, Sugarmade operates a Nug Avenue location in Los […]

InvestorNewsBreaks

InvestorNewsBreaks – Sugarmade Inc. (SGMD) Expanding End-Market Access in Growing California Cannabis Delivery Sector

December 3, 2021

Sugarmade (OTC: SGMD), an innovator in the dynamic California cannabis sector, is focused on expanding its end-market access as a central player in the growing space. This comes as more consumers around the world become aware of the potential benefits of cannabis. As a result, the market is projected to see significant growth, with a […]

InvestorNewsBreaks

InvestorNewsBreaks – Sugarmade Inc.’s (SGMD) Commitment to Quality Products Dovetails with California’s Recently Passed AB-45

November 23, 2021

Sugarmade (OTC: SGMD), an innovator in the dynamic California cannabis sector, is among companies welcoming Assembly Bill 45 (“AB-45”). The bill went into effect recently, creating a comprehensive regulatory framework for the manufacture and sale of hemp-derived products in California and setting a new focus on safety and consistency. Sugarmade is a California-based company that […]

News Articles

Sugarmade Inc. (SGMD) Looks to Leverage Expertise as It Eyes Projected Double-Digit CAGR Growth

November 10, 2021

Global cannabis market estimated to reach $19.89 billion in 2021, projected to grow at a CAGR of 27% North America projected to record the highest market share during the forecast period SGMD is expanding role as a central player in growing California cannabis delivery marketplace, developing in-house cannabis production capacity As growing numbers of consumers […]

News Articles

Sugarmade Inc. (SGMD) Continues Commitment to Excellence as Cannabis Bill Creates State Regulatory Framework

November 8, 2021

Assembly Bill 45 provide clarity for the hemp industry and reassures consumers that products are independently tested and labeled properly Bill allows the sale of hemp-derived extracts that comply with testing and labeling standards SGMD, Nug Avenue committed to providing convenient mobile ordering and online access to its exclusive, quality products Keeping in line with […]

InvestorNewsBreaks

InvestorNewsBreaks – Sugarmade Inc. (SGMD) Lemon Glow Subsidiary Takes Step Toward Commercial Cannabis Cultivation

November 5, 2021

Sugarmade (OTC: SGMD), an emerging leader in the vertically integrated cannabis marketplace based in California, through its wholly owned subsidiary Lemon Glow, has been granted a conditional use permit (“UP”) number from the Lake County, California, Community Development Department. The company notes that this permit takes the company one step closer to obtaining a UP […]

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 […]

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