$SGMD Sugarmade is in late stage acquisition negot

$SGMD Sugarmade is in late stage acquisition negotiations with a major distributor of cannabis cultivation and hydroponic supplies. Under the framework of the current negotiations, Sugarmade would acquire this privately-held entity through a combination of cash and Company common shares, with Sugarmade being the surviving entity. This distributor is currently producing in excess of $30 million per year in revenues, is growing rapidly, and is profitable.

https://finance.yahoo.com/news/sugarmade-acqu...00511.html

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