NetworkNewsBreaks – Sugarmade Inc. (SGMD) Streng
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Posted On: 03/29/2019 4:47:15 PM
NetworkNewsBreaks – Sugarmade Inc. (SGMD) Strengthens Market Position via Planned Acquisition as Cultivation Supplies Shortages Rise
Sugarmade (OTCQB: SGMD) recently announced a planned acquisition of Sky Unlimited LLC, a major supplier to large commercial agricultural cultivation operations. An article discussing the company reads, “The acquisition is anticipated to generate new revenue streams from wholesale and commercial clients in both the traditional hydroponic markets and industrial hemp. . . . In a news release, Jimmy Chan, CEO of Sugarmade, noted that Sky Unlimited recently received new shipments of many critical grow supplies for the booming hemp cultivation sector; nonetheless, farmers are advised to order as soon as possible. Many items are experiencing long lead times, and backorders are growing. It’s possible that many cultivators will not be able to meet their planting goals due to lack of materials to support cultivation.”
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) recently announced a planned acquisition of Sky Unlimited LLC, a major supplier to large commercial agricultural cultivation operations. An article discussing the company reads, “The acquisition is anticipated to generate new revenue streams from wholesale and commercial clients in both the traditional hydroponic markets and industrial hemp. . . . In a news release, Jimmy Chan, CEO of Sugarmade, noted that Sky Unlimited recently received new shipments of many critical grow supplies for the booming hemp cultivation sector; nonetheless, farmers are advised to order as soon as possible. Many items are experiencing long lead times, and backorders are growing. It’s possible that many cultivators will not be able to meet their planting goals due to lack of materials to support cultivation.”
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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