NetworkNewsBreaks – Sugarmade, Inc. (SGMD) Stand
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Posted On: 01/04/2019 5:36:43 PM
NetworkNewsBreaks – Sugarmade, Inc. (SGMD) Stands Firm in its Commitment to Supply the Legal Cannabis Cultivation Industry
Sugarmade (OTCQB: SGMD) remains focused on supplying equipment and technologies to support the legal cultivation, processing and storage of cannabis and other agricultural products. A recent article discussing the company reads, “Sugarmade is expecting substantial payoff for its commitment to the industry. The company intends to invest in Hempistry, Inc. a privately held Nevada corporation, which has begun planting an ultra-high cannabidiol (CBD) industrial hemp strain in the U.S. State of Kentucky (http://nnw.fm/Gy5Yu). In addition, Sugarmade has signaled strong interest in an agreement with Hempistry for hemp cultivation supplies. Hempistry has already begun planting and has signed an agreement reserving up to 23,000 acres of prime Kentucky farmland for its exclusive use for hemp cultivation. This venture will expand the scope of Sugarmade’s operations, which include CarryOutSupplies, a provider of essential supplies to quick-serve restaurants; ZenHydro, an online hydroponics store; and BudLife Cannabis Storage Solutions, which offers a novel way to preserve the quality of cannabis flowers over long periods.”
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) remains focused on supplying equipment and technologies to support the legal cultivation, processing and storage of cannabis and other agricultural products. A recent article discussing the company reads, “Sugarmade is expecting substantial payoff for its commitment to the industry. The company intends to invest in Hempistry, Inc. a privately held Nevada corporation, which has begun planting an ultra-high cannabidiol (CBD) industrial hemp strain in the U.S. State of Kentucky (http://nnw.fm/Gy5Yu). In addition, Sugarmade has signaled strong interest in an agreement with Hempistry for hemp cultivation supplies. Hempistry has already begun planting and has signed an agreement reserving up to 23,000 acres of prime Kentucky farmland for its exclusive use for hemp cultivation. This venture will expand the scope of Sugarmade’s operations, which include CarryOutSupplies, a provider of essential supplies to quick-serve restaurants; ZenHydro, an online hydroponics store; and BudLife Cannabis Storage Solutions, which offers a novel way to preserve the quality of cannabis flowers over long periods.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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