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 […]
Sugarmade Provides Corporate Update as Nug Avenue Sees Accelerating Growth Ahead of Further Expansion
December 8, 2021
NEW YORK, Dec. 08, 2021 (GLOBE NEWSWIRE) — via InvestorWire – Sugarmade, Inc. (OTCMKTS: SGMD) (“Sugarmade”, “SGMD” or the “Company”) an emerging leader in the vertically integrated California cannabis marketplace, is pleased to provide this update to its shareholders as the Company moves toward new growth initiatives while continuing to expand organically within the framework of its […]
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 – 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 […]
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 […]
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 – 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 […]
Sugarmade’s Lemon Glow Subsidiary Signaled to Move Forward with Cultivation Permit Process at 640 Acre Property by County Regulators
November 5, 2021
NEW YORK, Nov. 05, 2021 (GLOBE NEWSWIRE) — via InvestorWire – Sugarmade, Inc. (OTCMKTS:SGMD) (“Sugarmade”, “SGMD” or the “Company”) an emerging leader in the vertically integrated California cannabis marketplace, is excited to announce that on Oct. 28, 2021, its wholly owned subsidiary, Lemon Glow Company (“Lemon Glow”), obtained a conditional Use Permit (UP) number from […]
Sugarmade’s Lemon Glow Subsidiary Signaled to Move Forward with Cultivation Permit Process at 640 Acre Property by County Regulators
November 5, 2021
NEW YORK, Nov. 05, 2021 (GLOBE NEWSWIRE) — via InvestorWire – Sugarmade, Inc. (OTCMKTS:SGMD) (“Sugarmade”, “SGMD” or the “Company”) an emerging leader in the vertically integrated California cannabis marketplace, is excited to announce that on Oct. 28, 2021, its wholly owned subsidiary, Lemon Glow Company (“Lemon Glow”), obtained a conditional Use Permit (UP) number from […]
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 – 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 – 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 – 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 […]
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 […]
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 […]
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 […]
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 – 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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 – 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 – 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 […]
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 […]
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 […]
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 – 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 […]
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 – 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 […]
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 […]
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 […]
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 – 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 […]
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 […]
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 […]
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. […]
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 […]