Sugarmade, Inc. (SGMD) is “One to Watch” - Strategic

New Post Public Reply Private Reply Replies (0) Message Board
NetworkNewsWire
563
Sugarmade, Inc. (SGMD) is “One to Watch”

- Strategic investment in Hempistry, allowing Sugarmade shareholders to possibly benefit from relationship with industrial-hemp cultivation company
- Industrial hemp market in the U.S. projected to reach over $1 billion in revenues in 2018 with an expected 14% CAGR through 2022
- Sugarmade is one of the largest, publicly traded hydroponic supply companies investing in the legal cultivation sector
- Expansion into European hydroponics supply market to provide additional revenue growth opportunities
- Led by experienced team of executives instrumental in successfully growing multiple business operations

Sugarmade, Inc. (OTC: 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 BudLife. 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.

Sugarmade recently launched a new corporate initiative in the booming industrial hemp and CBD, committing up to $1 million in capital over the next 12 months to invest in Hempistry, Inc., a privately held Nevada corporation. Hempistry has begun planting an ultra-high cannabidiol (CBD) industrial hemp strain on a land option it holds on 23,000 acres of prime Kentucky farmland. The strain of industrial hemp being grown by Hempistry is ultra-rich in CBD but contains less than 0.3 percent of THC, the psychoactive ingredient found in cannabis. The U.S. hemp industry is expected to produce well over $1 billion in revenues in 2018, with a compound annual growth rate of 14 percent through 2022, according to the Hemp Business Journal.

Demand for industrial hemp and products derived from hemp is soaring, with no let-up in sight, which the company sees as a “tremendous opportunity to become a supplier to this fast-growing sector,” said Chairman and CEO Jimmy Chan, who is also an advisor and minority shareholder of Hempistry.

Sugarmade’s investment into the market for high-CBD hemp is expected to be highly accretive for common shareholders in two ways. First, Sugarmade’s investment will be in the form of common shares in Hempistry allowing Sugarmade common shareholders to possibly benefit from any future initial public offering of Hempistry. Second, Sugarmade is expected to sign a supply agreement with Hempistry for cultivation supplies, which would be additive to corporate revenues.

Sugarmade has also completed a master market agreement with industry leader BizRight Hydroponics, Inc., a leading marketer and manufacturer of cannabis and hydroponic growth supplies, which offers a range of hydroponics-related products including: HPS grow lights, electronic ballasts, HPS bulbs, nutrient mixes, environmental control products, pH measurement and calibration solutions and storage products. BizRight operates the ZenHydro.com website and other e-commerce properties and sells various products to distributors and retailers. BizRight is expected to produce in excess of $30 million in revenues during 2017, with substantial growth expected for 2018.

Sugarmade division CarryOutSupplies.com, the leader in paper and plastic take-out supplies, serves nationwide customers by offering a wide array of high quality products that are cost-efficient, custom-made and delivered on time. This business unit currently serves 2,000 quick service restaurants, garnering from 30-40 percent of the market share. Sugarmade plans to expand operations via the addition of market share and the introduction of new product offerings.

Management

CEO Jimmy Chan is an experienced business executive instrumental in growing multiple business operations with a strong expertise in international trade and banking, and international manufacturing and importation. He is also the founder of CarryOutSupplies.com, a company that revolutionized the custom-printed paper supplies subsector of the quick service restaurant industry, which merged with Sugarmade in 2014.

Arman Tabatabaei serves as operations consultant, providing high-level, day-to-day strategic guidance and tactical operational supervision for all aspects of the corporation’s business. He is an expert at data collection and analysis relative to resource management, risk forecasting and profit and loss management.

Sugarmade specializes in growing and acquiring innovative brands to maximize value for company employees, shareholders and other stakeholders. Sugarmade believes its future is very bright as the company expands operations within the cultivation sector and rapidly increases its revenue base.

For more information, visit the company’s website at www.Sugarmade.com

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 Inc. (SGMD) Stock Research Links

SGMD Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

World Treadmill Championship: A New Run Begins

Updated Category News Views 2

A Run Like No Other I’ll bet you’ve heard it all when it comes to races—winding city marathons, grueling ultras with rough terrain, and everything in between. But a world championship on treadmills? Now that's a fresh spin! October 23rd, 2026 is when the RUN X™ World Treadmill Championship kicks off, stretching out across the planet in 400 fitness centres...

Continue Reading
MSG Rangers Joining S&P SmallCap 600: Key Moves

Updated Category News Views 5

MSG Rangers Takes Center Ice—In the Market Here we go—MSG Rangers (NYSE: MSGR) is sliding into the S&P SmallCap 600 like a puck on fresh ice, ready to switch places with Arbor Realty Trust (NYSE: ABR) come October 27. Now, that's not just a game changer for MSGR, but also throws some shuffle onto the board for investors in these organizations. We've got Madison Square...

Continue Reading
Ellington's Q3 Earnings Call: What Investors Need to Know

Updated Category News Views 3

An Anticipated Unveiling Ellington Financial Inc. (NYSE:EFC) is gearing up to spill the beans on its third-quarter financials for 2026. It's all going down after the markets close on November 4th. I can tell you, folks, anyone keeping an eye on EFC will be itching to know what's inside those numbers. With a company this deep into financial assets, reading between the...

Continue Reading
Tajín's Chamoy Twist: Spice Up Everyday Treats

Updated Category News Views 5

A New Flavor Adventure Lands on Aisles Alright, folks, nothing quite spices up a mundane snack session like a new sauce from a brand with serious street cred. Tajín's latest brainchild, the Twist Chamoy Sauce, just hit a retailer near you. It's promising to take your tastebuds on a rollercoaster ride—no ticket needed, just a generous pour over whatever munchies you're...

Continue Reading
Lyric Health's Grace: Transforming Virtual Healthcare

Updated Category News Views 9

Grace in the Spotlight: A Game-Changer in Virtual Healthcare If you're tired of healthcare tech making big promises and delivering little, this might pique your interest. Lyric Health has rolled out Grace, a multimodal AI addition to their Virtual Care Operating System. This isn’t your run-of-the-mill chatbot — it’s a blend of proactive health monitoring,...

Continue Reading
Saab Q3 2026: Major Contracts Fuel Impressive Growth

Updated Category News Views 3

Saab's Stellar Q3 Performance If there’s one picture capturing the essence of Saab’s third quarter in 2026, it's one brimming with contracts, cash, and sheer growth. They’re racking up tangible wins left and right, and if you're an investor who loves numbers doing a solid 30.6% high jump, Saab's buzzing red-hot. Key Contracts Putting Saab in the Spotlight The very...

Continue Reading
TTMI Under Scrutiny: Ademi LLP's Fraud Investigation

Updated Category News Views 0

Ademi LLP Puts TTMI in the Spotlight If you blinked, you might have missed it, but TTM Technologies, listed on NASDAQ as TTMI, has taken a nosedive recently—shedding over 25% of its stock value in what’s proving to be a hot mess for its shareholders. The cherry on top? Ademi LLP is rolling up its sleeves for an investigation into what looks like a tangled web of...

Continue Reading
FM's Bold $855M Resilience Credit: A Game Changer

Updated Category News Views 5

Breaking Down the US$855 Million Payout Just when you think you’ve got the insurance landscape figured out, FM spins the wheel with a US$855 million resilience credit, all thanks to its mutual structure and healthy results. Let’s unpack this hefty premium offset, shall we? A Second Year of Solid Savings This isn’t FM’s first rodeo. We're talking about a 10%...

Continue Reading
Country Stars Illuminate Art in Philly, Mississippi

Updated Category News Views 3

A Mural Tribute to Country Music Roots Forget about skyscrapers and bustling metropolises; sometimes, it's about bringing a bit of soul back to the heartland. That's precisely what the unveiling of the "Wildflowers and Wild Horses" mural in Philadelphia, Mississippi, did. Lainey Wilson and Marty Stuart's Vision Partners in crime — or, more fittingly, in country —...

Continue Reading
Wood Coatings Market Set for Sustainable Surge by 2032

Updated Category News Views 1

Riding the Wave of Sustainable Coatings Who'd have thought we'd be chatting about wood coatings making such a splash? Turns out, this unsung hero of the materials world is gearing up for some serious growth, with the market projected to hit a crisp $33.34 billion by 2032. That's a decent jump from where it stands today, and it's all thanks to the shift towards...

Continue Reading

Top 5 Most Recently Viewed Articles

How Nasuni Helps Retail Giants Prepare for the Holiday Rush

Updated Category News Views 35

Nasuni Empowers Major Brands for Holiday Success Household brands are continually enhancing their competitiveness, driving customer growth, and boosting productivity with Nasuni's cutting-edge hybrid cloud solutions. As the holiday season approaches, the demands on retailers increase significantly. Nasuni, an enterprise data platform known for its robust capabilities in...

Continue Reading
JDE Peet’s Grants Shares and Awards to Incentive Plan Participants

Updated Category News Views 192

JDE Peet’s Employee Incentive Plans: Recent Grants and Transfers JDE Peet’s N.V. (EURONEXT: JDEP) has made significant strides in its approach to employee incentives, emphasizing its dedication to valuing its workforce. In a recent announcement, the company outlined its actions regarding share grants as part of its ongoing employee incentive plans. These initiatives...

Continue Reading
Liongard Appoints Brook Lee as VP for Community Growth

Updated Category News Views 329

Liongard Appoints Brook Lee as VP to Enhance MSP Engagement Liongard, a leading name in Attack Surface Management catering to Managed Service Providers (MSPs) and IT Service Providers, is excited to announce the appointment of Brook Lee as its new Vice President of Community and Channel. With more than 15 years of experience within the MSP industry, Brook brings a wealth...

Continue Reading
Celebrating Dr. Rachel L. Ivory's Influence in Education

Updated Category News Views 174

Honoring Dr. Rachel L. Ivory for Her Educational Contributions Featured prominently as a Pinnacle Professional Member, Dr. Rachel L. Ivory stands out for her substantial contributions to the fields of education and literature. Her dedication has led her to be recognized by many for her impactful work, especially in leadership training, publishing, and community...

Continue Reading
Zenocutuzumab Trial Yields Promising Results for Cancer

Updated Category News Views 9

Results Revealed: A Game Changer in Cholangiocarcinoma Treatment Zenocutuzumab is stirring the pot in cancer treatment with some potentially ground-breaking results recently unveiled. Partner Therapeutics, a biotech player with skin in the oncology game, has revealed results from the eNRGy trial. These findings have not only turned heads but also led to U.S. FDA approval...

Continue Reading