$SGMD Jimmy Chan, CEO of Sugarmade commented, "We are very proud of the growth we are realizing. A year ago we had a staff of 22 packed into a small office and warehouse. We have now grown our staff to more than 45, with additional staff member recruitment underway, and our office and warehouse space has increased by more than 300%. Our new facility in Monrovia, Ca, will allow us to grow our revenue to our stated objective of at least $30 million for next year. All of us at Sugarmade thank our valued shareholders for all the support provided as we grow our organization to address what we believe is one of the most exciting business marketplaces seen over the past few decades."

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