|
|
News and publishing service
for cannabis related companies
|
|
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.
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.
|
Receive SMS Text Alerts from CannabisNewsWire
Text "Cannabis" to 21000
(US Mobile Phones Only)
|
Featured Event
Psychedelic Opportunity Summit
Virtual Event
6/22/21 - 6/23/21
The momentum towards providing safe and affordable access to psychedelics and empathogens for therapeutic relief from behavioral health issues continues to build and inspire shifting regulations, increasing investment and what might eventually become a bubble of emerging entrepreneurial ventures.
Join us at The Second Psychedelic Opportunity Summit taking place June 22nd, 2021 via a Virtual Event Platform to gain the knowledge and connections needed to tap into the therapies and applications driving this exploding market.
THE FOUNDER’S MISSION:
"I founded the Psychedelic Opportunity Summit in 2020 because as someone who battled depression, anxiety, and PTSD for much of my life, I was finally saved by MDMA therapy, and wanted to do my part to support the responsible growth of this industry and provide a way to help many who still suffer, like I did."
Ben Greenzweig
CEO, Co-Founder, Momentum Events
Upcoming Events
|
About CannabisNewsWire (CNW)
CannabisNewsWire (CNW) is a multifaceted financial news and publishing company that delivers a new generation of social communication solutions, news aggregation and syndication, and enhanced news release services. Leveraging a professional team of journalists and writers, CNW introduces private and public companies to a wide audience of investors, consumers,
journalists and the general public via social media and a rapidly expanding network of over 5,000 key distribution outlets. Cutting through information overload, CNW's innovative and proprietary systems clearly and succinctly deliver its clients much needed visibility, recognition and brand awareness. CNW is where news, content and information converge.
|
Stay Informed
We will be posting information about the presenting companies as they take the stage.
|
Connect With Us
Follow us on social media for the latest news and information from our network of brands and clients.
|
|
|
CannabisNewsWire
303 S Broadway, Denver, CO 80209 (303) 498-7722 |
|