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(Total Views: 175)
Posted On: 08/08/2018 9:53:19 AM
Post# of 8479
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Posted By: Lets Roll
$SGMD Sugarmade expects revenue growth to at least $30 million for 2019, with operating profitability and positive operating cash flow. For the most recently reported quarter, the Company reported revenues of just under $3 million, representing a sequential revenue increase of approximately 215% and a year over year revenue increase of approximately 228%. The Company is expecting additional revenue growth over the coming quarters due to a significant increase in the number of products being offered for sale and due to continued strong momentum in cannabis cultivation in California and other U.S. states where legalization has occurred.

https://finance.yahoo.com/news/sugarmade-retu...00702.html

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