$SGMD This acquisition option exercise comes on th
Post# of 18853
(Total Views: 209)
Posted On: 02/06/2019 10:11:34 AM
$SGMD This acquisition option exercise comes on the heels of recent announcements that Sugarmade would acquire Athena United, a specialist company providing hydroponic supplies to large commercial cultivators, and the announcement of its intention to acquire Washington state hydroponic supplier Hydro4Less. Athena United is expected to produce approximately $40 million in annual revenues and the single Hydro4Less for location approximately $5 million annually. In addition, relative the Hydro4Less acquisition, Sugarmade acquired an option to acquire two additional locations, which are expected to produce in excess of $20 million annually.
https://www.thestreet.com/press-releases/suga...r-14857101
https://www.thestreet.com/press-releases/suga...r-14857101
(0)
(0)
Consider all my posts my opinion and not advice to buy or sell anything. I post on stocks I own or am considering owning. Do your own DD!
Scroll down for more posts ▼