LimeLight of The week is

Sugarmade, Inc. (SGMD)

The founders of Sugarmade, Inc. (SGMD), one of the largest publicly traded hydroponics supply companies moving into the industrial hemp space, is a product and brand marketing company investing in products and brands with disruptive potential. Sugarmade’s brands include: ZenHydro.com and CarryOutSupplies.com. Headquartered in Monrovia, California, a city within Los Angeles county, Sugarmade has various business operations in diverse marketplaces including packaging and paper goods for various industries, agricultural supplies.

Sugarmade has expanded into the European hydroponics supply market with a growing base of orders taken through Amazon UK. Over the past few financial quarters, Sugarmade has seen revenue growth patterns expand geographically. As recently as mid-2017, the majority of hydroponic-related revenue growth was seen from California and other West Coast marketplaces, however growth is becoming more geographically dispersed among U.S. states where legalization has eased restriction. This movement into the United Kingdom further expands the base of geographic growth areas for Sugarmade.

Investment Considerations

• Strategic investment in Hempistry, allowing Sugarmade shareholders to possibly benefit from relationship with industrial-hemp cultivation company
• Industrial hemp market in the U.S. projected to reach over $1 billion in revenues in 2018 with an expected 14% CAGR through 2022
• Sugarmade is one of the largest, publicly traded hydroponic supply companies investing in the legal cultivation sector
• Expansion into European hydroponics supply market to provide additional revenue growth opportunities
• Led by experienced team of executives instrumental in successfully growing multiple business operations

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Featured Conference

Grow Up Conference and Expo - Niagara Falls, ON - 9/12/19 to 9/14/19

Grow Up Conference & Expo is your opportunity to learn, network and grow with some of the leaders of the cannabis industry. Set to take place September 12-14, 2019, at Scotiabank Convention Center in Niagara Falls, Ontario, this event is focused on education, collaboration and expansion in the evolving cannabis space. The Niagara region provides clear driving access to 55 percent of the U.S. and 62 percent of the Canadian population, positioning Grow Up squarely in the crossroads of the North American cannabis sector, and the event’s organizers are capitalizing on this venue in ‘the greenhouse capital of Canada’ with an impressive agenda of presentations and seminars.

Upcoming Conferences

• Cannabis Cup Oklahoma - Oklahoma City - 8/24/19 to 8/25/19
• Cannabis Science Conference - Portland, OR - 9/4/19 to 9/6/19
• MJ Biz Con INT’L - Toronto - 9/4/19 to 9/6/19
• NECANN’s Atlantic City Convention - Atlantic City, NJ - 9/14/19 to 9/15/19
• Cannabis Consumer & Business Expo - Toronto - 11/22/19 to 11/24/19

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