LimeLight of The week is
 

Sugarmade, Inc.
(OTC: SGMD)

Sugarmade, Inc. (OTC: SGMD) 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 the emerging desires and behaviors poised to unlock new opportunities and pathways for growth. Sugarmade seeks to redefine the marketplace by nurturing an innovative and compelling relationship between brand, botany and business – resulting in both undeniable consumer value and an intriguing cross-pollination of revenue sources.

The company’s core strategic plan is centered on expanding 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. Through a combination of organic growth and strategic acquisitions, Sugarmade intends to develop a full farm-to-door vertically integrated cannabis business.

Brand Portfolio

Sugarmade has investments in a number of subsidiaries with active operations in the California cannabis sector. These include:

• NUG Avenue– Sugarmade owns a 70% stake in NUG Avenue, a cannabis delivery service based in Southern California providing hand-selected top-shelf products from Stiiizy, Kanha, PlugPlay and more.
• BudCars– Sugarmade is an investor in cannabis delivery service of BudCars’ first operating location in Sacramento, California. BudCars is an online-shopping experience designed to provide new customers with an easy way to discover and order cannabis products within minutes.

Investment Considerations

• 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 definitive agreement for its acquisition of Lemon Glow Company Inc.
• The Lemon Glow acquisition includes 640 acres of property, 32 of which have already been designated for outdoor cannabis cultivation.
• California’s legal market hit $4.4 billion in sales in 2020, up from $2.8 billion in 2019.

Recent Coverage

Sugarmade Inc.’s (SGMD) Progress in 2021 Leads to Strong Position in Growing Cannabis Space Sugarmade Inc.’s (SGMD) Progress in 2021 Leads to Strong Position in Growing Cannabis Space

January 27, 2022 10:30 AM

• 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 legal cannabis market, a sector that is expected to see an estimated 16.6% growth in the coming years (https://cnw.fm/jxVvI).

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Featured Event

Alternative Products Expo, Fort Lauderdale
March 11-13, 2022 - Ft. Lauderdale, FL

Venue: BROWARD COUNTY CONVENTION CENTER

With the allure of the city – gorgeous beaches and favorable weather – beckoning, Fort Lauderdale will host the United States’ largest CBD and hemp event: the Alternative Products Expo, from March 11 to March 13, 2022. The event will include workshops, keynotes, and educational seminars featuring more than 50 industry professionals as speakers. It will also offer networking opportunities to the thousands of expected attendees. Moreover, vendors will showcase/sell their products in their respective booths.

The Alternative Products Expo comes to Florida at a time when the state has relaxed, to some extent, its once stringent cannabis legislation. Presently, medical marijuana use is legal and more than 500,000 Floridians have active medical marijuana cards. The three-day event will focus on the business side of the cannabidiol (“CBD”) and the hemp industry, CBD’s health benefits, medicinal use, legality and current and future trends in the CBD market.

Conference Highlights

• 50+ speakers will address the thousands of expected attendees
• The event will feature vendor booths as well as workshops, keynotes and educational seminars
• Fort Lauderdale has gorgeous beaches and beautiful weather, factors that led to its selection as a host city for the Alternative Products Expo

Upcoming Events

• The Cannabis Investing Virtual Expo — Virtual Event — 3/18/22 - 3/20/22
• NECANN’s Boston Convention — Boston — 3/18/22 - 3/20/22
• Alternative Products Expo, Colombia — Colombia — 5/21/22 - 5/22/22

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