(Total Views: 461)
Posted On: 12/03/2020 5:05:03 PM
Post# of 386
![Avatar](https://investorshangout.com/images/ProfileImages/1508297859_36546_Logo-margin - 200px22.jpg)
NetworkNewsBreaks – Sugarmade Inc. (SGMD) Set to Drive ‘Strong Margins Up and Down the Chain’
Sugarmade (OTCQB: SGMD), a leading, multidivisional/multiproduct/multisector supply company, recently secured rights to a property zoned for cannabis cultivation. The company is well on its way to benefit from this move, already in the process of obtaining cannabis cultivation licensing, preparing archaeological and biological surveys, and assembling documentation related to the architectural and engineering plans for construction of greenhouses and a processing building. “We believe we have all of the strategic pieces in place to capitalize on cultivation, with the market currently chronically undersupplied,” said Sugarmade CEO Jimmy Chan in a recent update. “We also have relationships in place, especially through our BudCars investment, to hit the ground running on the branded products side, driving strong margins up and down the chain.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Sugarmade (OTCQB: SGMD), a leading, multidivisional/multiproduct/multisector supply company, recently secured rights to a property zoned for cannabis cultivation. The company is well on its way to benefit from this move, already in the process of obtaining cannabis cultivation licensing, preparing archaeological and biological surveys, and assembling documentation related to the architectural and engineering plans for construction of greenhouses and a processing building. “We believe we have all of the strategic pieces in place to capitalize on cultivation, with the market currently chronically undersupplied,” said Sugarmade CEO Jimmy Chan in a recent update. “We also have relationships in place, especially through our BudCars investment, to hit the ground running on the branded products side, driving strong margins up and down the chain.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
![](/m/images/thumb-up.png)
![](/m/images/thumb-down.png)
Scroll down for more posts ▼