$SGMD Management notes the investment boom in the production of raw hemp and hemp-related crops has tightened margins for growers through a massive expansion in the sheer number of producers. This process is driving an associated boom in the market for goods and services that improve efficiency in producing these crops as producers compete for market share and return on invested capital. Sugarmade and other companies in the hydroponic supplies markets are perhaps the most natural beneficiaries of this dynamic due to the ability to maximize output relative to inputs – invested capital, time, energy, and resources.

https://www.bloomberg.com/press-releases/2019...annualized