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Posted On: 11/20/2019 10:57:17 AM
Post# of 27269
$SGMD ~ the recent acquisition of BZRTH has made Sugarmade one of the largest publicly traded hydroponics supply companies moving into the industrial hemp space. >>
Sugarmade CEO Issues Shareholder Letter on M&A Strategy Following Landmark Deal in $24B Hydroponics
https://www.otcmarkets.com/stock/SGMD/news/Su...?id=245109
About Sugarmde, Inc.
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, CarryOutSupplies.com and pending acquisition of AthenaUnited.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.
#MJ #Hemp #CBD #Cannabis #hydroponics
Sugarmade CEO Issues Shareholder Letter on M&A Strategy Following Landmark Deal in $24B Hydroponics
https://www.otcmarkets.com/stock/SGMD/news/Su...?id=245109
About Sugarmde, Inc.
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, CarryOutSupplies.com and pending acquisition of AthenaUnited.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.
#MJ #Hemp #CBD #Cannabis #hydroponics
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