$SGMD Over the past 15 years of operations, Sugarmade has gained considerable experience relative to sourcing paper and consumable products from Asian factories and importing these products into the United States. The Company has drawn on these experiences and industry contacts to identify multiple factory sources that indicate a willingness to supply millions of dollars of products to Sugarmade. By way of this experience, the Company believes it will be able to facilitate the movement of the huge amounts of supplies that companies and government entities are now demanding as they begin to execute plans to re-start operations.

Mr. Chan continued, “America is getting back to work and we are here to help with many of the supplies businesses and other institutions are demanding. We are quickly expanding our sourcing and importing efforts to help U.S. businesses and other institutions protect their employees and provide safe working environments. While the gating factor in filling these orders, over the short term, will be the availability of air freight, we also believe we are well position relative to the longer term as our considerable experience in trans-Pacific logistics is brought to bear.”

Investors, the public, and other interested parties are advised to reference the Company’s recent filing with the U.S. Securities & Exchange Commission on Form 8-K concerning these events and to reference other disclosures and risk factors outlined in other filings put forth by the Company, which are available on the Commission’s website and via other resources.

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