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Press Release Category: Cannabis
Monday May 17, 2021 - 11:39 am

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

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 real estate (the “Property”) located in Lake County, California, outside…

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Thursday May 06, 2021 - 8:30 am

All-Risks Insurance Brokers Ltd and Senses Cannabis Group Launch Industry Leading Retail Cannabis Store Insurance Program

WINDSOR, Ontario, May 06, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- All-Risks Insurance Brokers Ltd, a full-service insurance brokerage, and cannabis insurance broker Fady Kamel announce a partnership with Senses Cannabis Group, to launch a market-leading retail cannabis store insurance product through Burns & Wilcox, a globally recognized leader in wholesale insurance brokerage and underwriting. Senses Cannabis Group powers the largest network of cannabis stores…

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Monday May 03, 2021 - 4:00 pm

CannabisNewsWire Returns as a Media Sponsor for GIE Media’s Cannabis Conference 2021

DENVER, May 03, 2021 (GLOBE NEWSWIRE) -- via CannabisNewsWire -- CannabisNewsWire (“CNW”), a specialized communications platform for the cannabis sector and one of the 50+ brands within the InvestorBrandNetwork (“IBN”), is pleased to announced that it has been re-engaged by GIE Media to serve as a media sponsor of Cannabis Conference 2021, presented by Cannabis Business Times, Cannabis Dispensary and Hemp Grower magazines. Cannabis Conference 2021 is set to…

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Tuesday Apr 27, 2021 - 4:47 pm

RYAH Group Inc. To Commence Trading on the CSE on May 4, 2021, Under Ticker Symbol ‘RYAH’

TORONTO, April 27, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – RYAH Group Inc. (formerly Prime Blockchain Inc.) (the “Company” or “RYAH”), is pleased to announce that its common shares (“Subordinate Voting Shares”) will commence trading on the Canadian Securities Exchange (the “CSE”) under the ticker symbol "RYAH" on May 4, 2021. A listing statement, prepared in accordance with the policies of the CSE, (the “Listing Statement”),…

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Thursday Apr 01, 2021 - 12:18 pm

InvestorBrandNetwork (IBN) to Serve as Media Sponsor for the Upcoming Roth Virtual Golden Cannabis Day

LOS ANGELES, April 01, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- InvestorBrandNetwork (“IBN”), a multifaceted communications organization engaged in connecting public companies to the investment community through 50+ brands such as CannabisNewsWire (“CNW”), is pleased to announce today that it will be collaborating with Roth Capital Partners on the occasion of their upcoming Roth Virtual Golden Cannabis Day, with the event set to be held in an entirely…

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Thursday Apr 01, 2021 - 8:30 am

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

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 rights, which includes six-hundred-forty (640) acres of real estate (the…

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Wednesday Mar 31, 2021 - 8:30 am

Outlier Biopharma to Open One of the Largest Extraction Plants in the Caribbean

KINGSTON, Jamaica, March 31, 2021 (GLOBE NEWSWIRE) -- via InvestorWire - Outlier Biopharma, one of Jamaica’s newest cannabis agro-processing, research, development, manufacturing and distribution companies, is making waves within the local and international cannabis industries with the upcoming opening of its state-of-the-art extraction plant which will be one of the largest of its kind in the Caribbean. The plant, which is scheduled to commence operations…

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Monday Mar 29, 2021 - 6:00 am

Seasoned Media and Digital Marketing Executive Sharon Boddie Joins Grapefruit Board of Directors

LOS ANGELES and DESERT HOT SPRINGS, Calif., March 29, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- Grapefruit USA, Inc. (OTCQB: GPFT) (“Grapefruit” or the “Company”) today announces that Sharon Boddie will join its Board of Directors, effective immediately. Sharon has over 20 years’ experience working in global media and digital marketing roles, leading Amazon, Apple, Fox, Farmers Insurance, Hulu and other Fortune 500 media campaigns.…

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Thursday Mar 25, 2021 - 8:30 am

Sugarmade Issues Corporate Update

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. “We are moving forward with our core strategic plan, as…

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Tuesday Mar 16, 2021 - 8:30 am

Green Hygienics Holdings Inc. Closes on Acquisition of Castillo Seed Co. Assets

SAN DIEGO, March 16, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- Green Hygienics Holdings Inc. (OTCQB: GRYN) ("Green Hygienics" or the "Company") announces today that it has closed the acquisition of certain assets of Castillo Seed LLC. (Castillo), a pioneering hemp seed company with an extensive library of proven genetics backed by years of R&D efforts. The assets include seed inventories, thousands of stock plants, an established…

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Thursday Mar 11, 2021 - 6:00 am

Grapefruit USA, Inc. Signs Digital Services Consulting Agreement

LOS ANGELES and DESERT HOT SPRINGS, Calif., March 11, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Grapefruit USA, Inc. (OTCQB: GPFT) (“Grapefruit” or the “Company”), a premiere, fully licensed California-based cannabis company, today announces the execution of a digital services consulting agreement with Roger Choudhury and his Business Financial Network (“BFN”), which broadcasts presentations concerning selected public companies. BFN will produce tailored video presentations about…

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Wednesday Mar 10, 2021 - 6:00 am

Grapefruit USA, Inc. Accepts Outside Director’s Resignation

LOS ANGELES/DESERT HOT SPRINGS, Calif., March 10, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Grapefruit USA, Inc. (OTCQB: GPFT) (“Grapefruit” or the “Company”), a premiere, fully licensed California-based cannabis company, announces the resignation of John M. Hollister. Mr. Hollister served as the Company’s CEO prior to its reverse acquisition by Grapefruit Boulevard Investments, Inc. and its transition from a developer of 3D imaging to fully licensed…

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Monday Mar 08, 2021 - 6:00 am

Grapefruit USA, Inc. Issues Further Update on Informal Acquisition Inquiry

Discussions Include Possible Joint Venture to Distribute Hourglass Products in Canada LOS ANGELES and DESERT HOT SPRINGS, Calif., March 08, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Grapefruit USA, Inc. (OTCQB: GPFT) (“Grapefruit” or the “Company”), a premiere, fully licensed California-based cannabis company, is further updating its recent announcement that it has been approached by a Canadian cannabis company (the “Canadian Partner”) to enter into…

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Friday Mar 05, 2021 - 8:30 am

Green Hygienics Holdings Inc. Closes on Acquisition of Primordia Assets

SAN DIEGO, March 05, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- Green Hygienics Holdings Inc. (OTCQB: GRYN) ("Green Hygienics" or the "Company") announces today that after months of negotiation and diligence, it has closed the acquisition of certain assets of Primordia, a seed-to-soil, single-origin hemp supply company (https://www.primordia.eco/), with a combination of cash and other future rights and entitlements. Primordia will continue with its remaining operations under…

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Thursday Mar 04, 2021 - 8:00 am

InvestorBrandNetwork Announces Gamechangers LIVE Interview with Gage Cannabis Co. President & Director Fabian Monaco

LOS ANGELES, March 04, 2021 (GLOBE NEWSWIRE) -- via InvestorWire — InvestorBrandNetwork (“IBN”), a multifaceted financial news and publishing company for private and public entities, today announces that Fabian Monaco, President & Director of Gage Cannabis Co., recently appeared on Gamechangers LIVE, a podcast series putting a spotlight on individuals who are gamechangers in their fields and sharing perspective on their journeys, mindsets, struggles and successes in an effort to…

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Monday Mar 01, 2021 - 6:00 am

Grapefruit USA, Inc. Issues Further Update Concerning Initial Informal Acquisition Inquiry

Signs Memorandum of Understanding for Formation of Joint Venture with Canadian Partner to Manufacture and Distribute Hourglass Products in Canada LOS ANGELES and DESERT HOT SPRINGS, Calif., March 01, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Grapefruit USA, Inc. (OTCQB: GPFT) (“Grapefruit” or the “Company”), a premiere, fully licensed California-based cannabis company, is further updating its recent announcement that it has been approached by a Canadian cannabis…

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Friday Feb 26, 2021 - 9:04 am

Golden Leaf Holdings Announces It Has Entered into LOI to Acquire Retail Chain

PORTLAND, Ore., Feb. 26, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) (“Golden Leaf,” “GLH” or the “Company”), a premier, consumer-driven cannabis company specializing in retail, production, processing, wholesale and distribution, today announces it has signed a non-binding letter of intent to acquire a multistore chain in Northwest Oregon.  It is expected that these stores will generate at…

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Wednesday Feb 24, 2021 - 9:35 am

InvestorBrandNetwork (IBN) and CannabisNewsWire (CNW) Expand Collaboration with NECANN to Serve as the Official Newswire for All 2021–2022 Events

LOS ANGELES, Feb. 24, 2021 (GLOBE NEWSWIRE) -- InvestorBrandNetwork (“IBN”), a multifaceted financial news and publishing company, today announces the expansion of its ongoing collaboration with New England Cannabis Network (“NECANN”) to encompass NECANN’s full line-up of events throughout 2021–2022. Since 2014, NECANN has established a strong reputation as an industry thought leader within the North American cannabis sector, specializing in creating a series of must-attend events that educate…

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Monday Feb 22, 2021 - 12:08 pm

PacRoots Announces Closing of Lords of Grasstown Acquisition

VANCOUVER, British Columbia, Feb. 22, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Pac Roots Cannabis Corp. (“PacRoots” or the “Company”) (CSE: PACR) (OTCQB: PACRF), is pleased to announce the closing of a Share Purchase Agreement with the shareholders of Lords of Grasstown Holdings Ltd., a company existing under the laws of British Columbia (“Grasstown”) pursuant to which the Company will acquire all the issued and outstanding shares of Grasstown (the “Transaction”). Grasstown is…

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Monday Feb 22, 2021 - 6:00 am

Grapefruit USA, Inc. Secures Trademark Protection for the ‘Hourglass’ Name and Logo

LOS ANGELES and DESERT HOT SPRINGS, Calif., Feb. 22, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- Grapefruit USA, Inc. (OTCQB: GPFT) (“Grapefruit” or the “Company”), a premiere, fully licensed California-based cannabis company, is announcing today that it has obtained California Trademark protection (CA Registration Nos.: 02009331 and 02009332) for Grapefruit’s patented disruptive Hourglass™ THC/Cannabinoid time-release delivery cream. The Hourglass™ name and logo are now protected…

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Friday Feb 19, 2021 - 9:35 am

The Benzinga Cannabis Capital Conference Kicks Off Next Week, CannabisNewsWire Re-Engaged for Additional Visibility

DETROIT, Feb. 19, 2021 (GLOBE NEWSWIRE) -- via CannabisNewsWire -- The Benzinga Cannabis Capital Conference, renown for being the premier gathering of cannabis entrepreneurs and investors in North America, will return for its tenth installment in an entirely digital format on February 25-26, 2021. Traditionally held throughout the year in a number of North American cities prior to converting to a virtual format, the Benzinga Cannabis…

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Thursday Feb 18, 2021 - 6:00 am

Grapefruit USA, Inc. Issues Update Concerning Initial Informal Acquisition Inquiry, Announces Development of Memorandum of Understanding for Potential Joint Venture

LOS ANGELES and DESERT HOT SPRINGS, Calif., Feb. 18, 2021 (GLOBE NEWSWIRE) -- via InvestorWire --Grapefruit USA, Inc. (OTCQB: GPFT) (“Grapefruit” or the “Company”), a premiere, fully licensed California-based cannabis company, is updating its recent announcement that it has been approached by a Canadian cannabis company to enter into discussions concerning a potential acquisition transaction. The discussions have evolved to include development of a memorandum…

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Wednesday Feb 17, 2021 - 9:15 am

PacRoots Announces Share Purchase Agreement with Lords of Grasstown

Vancouver, British Columbia, Feb. 17, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- Pac Roots Cannabis Corp. (“PacRoots” or the “Company”) (CSE: PACR) (OTCQB: PACRF) is pleased to announce the execution of a Share Purchase Agreement with the shareholders of Lords of Grasstown Holdings Ltd., a company existing under the laws of British Columbia (“Grasstown”) pursuant to which the Company will acquire all the issued and outstanding shares of Grasstown (the “Transaction”).…

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Friday Feb 12, 2021 - 11:30 am

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

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 closed on Feb. 8, 2021, the Company has acquired a…

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Thursday Feb 11, 2021 - 3:53 pm

Grapefruit USA, Inc. Announces Receipt of Initial Informal Acquisition Inquiry

LOS ANGELES and DESERT HOT SPRINGS, Calif., Feb. 11, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Grapefruit USA, Inc. (OTCQB: GPFT) (“Grapefruit” or the “Company”), a premiere, fully licensed California-based cannabis company, announces it has recently been approached by a Canadian cannabis company to enter into discussions concerning a potential acquisition transaction. Bradley J. Yourist, Grapefruit CEO, commented, “Grapefruit is not surprised to be approached…

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Thursday Feb 11, 2021 - 8:30 am

Green Hygienics Holdings Inc. Adds Key Personnel to Roll Out Plans for In-house Processing Division

SAN DIEGO, Feb. 11, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- Green Hygienics Holdings Inc. (OTCQB: GRYN) ("Green Hygienics" or the "Company") is pleased to announce the addition of Daniel Claycamp to the Company’s Advisory Board.  He is a seasoned expert in hemp extraction, refinement, crystallization and remediation technologies. Claycamp is the current president of DLC Process Consulting, LLC, and past vice president of operations for GenCanna…

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Tuesday Feb 09, 2021 - 8:30 am

ECGI Holdings Creates Nug Avenue Subsidiary – Announces Definitive Agreement for Cannabis Delivery Services in Thriving Los Angeles Marketplace

LOS ANGELES, Feb. 09, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – ECGI Holdings, Inc. (“ECGI” or the "Company") (OTC PINK: ECGI), which plans to operate as Elite Cannabis Group and has been reorganized as an acquisition-oriented corporation with California-based targets of distressed cannabis assets, properties zoned for cannabis cultivation and processing, today announces its second agreement within the fast-growing California regulated cannabis market. The Company has signed…

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Monday Feb 08, 2021 - 8:30 am

Green Hygienics Holdings Inc. Announces Strategic Sales & Marketing Plans After Engaging Massive Media, Executing Distribution Agreement with GG Marketing LLC

SAN DIEGO, Feb. 08, 2021 (GLOBE NEWSWIRE) -- via InvestorWire  -- Green Hygienics Holdings Inc. (OTCQB: GRYN) ("Green Hygienics" or the "Company"), a California-based innovative, technology-driven enterprise focused on the high standard cultivation and processing of industrial hemp and manufacturing of pharmaceutical-grade bioactive cannabinoids, today announces it has engaged Massive Media Inc. and GG Marketing LLC to, respectively, refresh the Company’s brand, including creating a…

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Monday Feb 08, 2021 - 6:00 am

Grapefruit USA, Inc. Announces Preliminary Revenue Growth of 714% for Calendar Year 2020 Over Calendar Year 2019

LOS ANGELES and DESERT HOT SPRINGS, Calif., Feb. 08, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Grapefruit USA, Inc., (OTCQB: GPFT) (“Grapefruit” or the “Company”), a premiere, fully licensed California-based cannabis company, today provides unaudited preliminary results for calendar year 2020. The Company achieved currently unaudited total revenues of approximately $3,672,353 for the year ended Dec. 31, 2020 – an increase of approximately $3,221,156 or…

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Tuesday Jan 26, 2021 - 8:30 am

ECGI Holdings Closes on Definitive Agreement to Acquire California Property for Cannabis Cultivation and Manufacturing

LOS ANGELES, Jan. 26, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – ECGI Holdings, Inc. (“ECGI” or the "Company") (OTC PINK: ECGI) today takes its first steps toward the development of its special cannabis acquisition model via the closing of a definitive agreement to acquire a privately held farm, which includes a 1.7 million-square-foot Northern California property zoned for cannabis cultivation, processing and manufacturing. The Company…

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Wednesday Jan 20, 2021 - 10:30 am

Green Hygienics Holdings Inc. To Host Shareholder Update Jan. 28, 2021

SAN DIEGO, Jan. 20, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- Green Hygienics Holdings Inc. (OTCQB: GRYN) ("Green Hygienics" or the "Company") is pleased to announce it will host a shareholder update call. The call will be facilitated by Green Hygienics’ CEO Ron Loudoun. He will be joined by COO Kyle MacKinnon. The team will provide an update on the Company’s achievements over the past…

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Tuesday Jan 19, 2021 - 8:30 am

ECGI to Reorganize as Elite Cannabis Group, Targeting Special Acquisition Model – Emphasis Cannabis Delivery and Cultivation

LOS ANGELES, Jan. 19, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – ECGI Holdings, Inc. (“ECGI” or the "Company") (OTC PINK: ECGI), today announces a realignment of its corporate strategy toward an acquisition model within the fast-growing legal cannabis marketplace. The Company will target the entry into selected California cannabis business areas that can be successfully expanded into a national footprint. Over the coming weeks, the board of…

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Wednesday Jan 06, 2021 - 8:30 am

Sugarmade Issues Letter to Shareholders on Verticalization, Expansion and the Path Ahead in 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 leadership role in the rapidly growing cannabis marketplace as a…

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Tuesday Dec 15, 2020 - 8:17 am

Way2Grow (W2G) Biopharma Company Enters Cannabis Productivity and Announces Plans to Seek Health Canada Approval for Magic Mushroom (Psilocybin and Psilocin) Dealer and Research Licencing

OSOYOOS, British Columbia, Dec. 15, 2020 (GLOBE NEWSWIRE) -- via CannabisNewsWire – Way2Grow Nurseries (“Way2Grow” or “W2G”), a privately held biopharma company, is pleased to announce it is entering the productivity phase of cannabis cultivation, micropropagation and extraction. The company further announces its preparation of a Health Canada application towards psychedelic research and development for a medicinal mushroom (Psilocybe semilanceata) Dealer Licence and for a…

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Monday Dec 14, 2020 - 11:06 am

Green Hygienics Holdings Inc. to Present at 13th Annual LD Micro Main Event

SAN DIEGO, Dec. 14, 2020 (GLOBE NEWSWIRE) -- via InvestorWire -- Green Hygienics Holdings Inc. (OTCQB: GRYN) ("GHH" or the "Company"), is pleased to announce that it will present at the LD Micro's 13th Annual Main Event. The Company is scheduled to present today, Monday, December 14, 2020, at 1:20 P.M. EST. A webcast of the presentation session and a copy of the company's latest investor presentation will…

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Thursday Dec 10, 2020 - 8:30 am

InvestorBrandNetwork (IBN) Coverage Initiated for CannAssist International Corp.

NEW YORK, Dec. 10, 2020 (GLOBE NEWSWIRE) -- via InvestorWire – CannAssist International Corp. (OTCQB: CNSC), a biotechnological pharmaceutical and wellness company marketing the Xceptol consumer brand, today announces it has selected the corporate communications expertise of the InvestorBrandNetwork (“IBN”), a multifaceted financial news and publishing company for private and public entities. CannAssist is the owner of Xceptor Labs, an R&D and raw material manufacturing outfit leveraging its…

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Tuesday Dec 08, 2020 - 8:30 am

Pac Roots Cannabis Corp. CEO Discusses Current Operations and Looks Ahead to a Bright 2021

NEW YORK, Dec. 08, 2020 (GLOBE NEWSWIRE) -- via NetworkNewsAudio — Pac Roots Cannabis Corp. (CSE: PACR) today announces that the company’s president and chief executive officer, Patrick Elliott, has been featured in an exclusive audio interview with NetworkNewsWire (“NNW”), a financial news and content distribution company and one of 50+ brands in the InvestorBrandNetwork (“IBN”). During the interview, Elliott discussed milestones reached since PacRoots began trading earlier this year and looked ahead…

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Tuesday Dec 08, 2020 - 8:30 am

Gage Cannabis Co. Executive Chairman Provides Updates on Robust Sales in Fast-Growing Michigan Cannabis Market, Announces Pre-IPO Early Financing Round

NEW YORK, Dec. 08, 2020 (GLOBE NEWSWIRE) -- via NetworkNewsAudio — Gage Cannabis Co., a leading vertically integrated operator in the cannabis industry, today announces Executive Chairman Bruce Linton, the former CEO and Chairman of Canopy Growth Corp. (WEED, CGC), has been featured in an exclusive audio interview with NetworkNewsWire (“NNW”), a financial news and content distribution company and one of 50+ brands in the InvestorBrandNetwork (“IBN”). During the interview,…

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Tuesday Dec 08, 2020 - 8:17 am

Way2Grow (W2G) Biopharma Company Receives Health Canada Standard Cultivation License, Processing License and Medical Sales License

OSOYOOS, British Columbia, Dec. 08, 2020 (GLOBE NEWSWIRE) -- via CannabisNewsWire – Way2Grow Nurseries (“Way2Grow” or “W2G”), a privately owned biopharma company, is pleased to announce that it has received Health Canada’s approval for the standard cultivation, standard processing and sale for medical purposes under the Cannabis Regulations. The licenses are effective as of Nov. 20, 2020. Licensing The terms of the licenses include approval of…

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Thursday Nov 05, 2020 - 8:30 am

Sugarmade Announces Analysis of BudCars’ Marketing Activities and Expenditures Ahead of Planned BudCars Expansion

MONROVIA, Calif., Nov. 05, 2020 (GLOBE NEWSWIRE) -- via InvestorWire – Sugarmade, Inc. (OTCQB:SGMD) (“Sugarmade”, “SGMD”, or the “Company”) today announced that in anticipation of the planned expansion of the BudCars cannabis delivery service into new territories, Sugarmade has undertaken an analysis of the efficacy of marketing spending relative to market size and population for the existing BudCars regional delivery footprint. Sugarmade believes this may…

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