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NetworkNewsBreaks – Sugarmade Inc. (SGMD) Enters

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Posted On: 04/18/2019 4:36:47 PM
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Posted By: NetworkNewsWire
NetworkNewsBreaks – Sugarmade Inc. (SGMD) Enters Supply Contract to Support Hempistry’s Micropropagation Work

Sugarmade (OTCQB: SGMD), a major supplier to the growing hydroponic cultivation sector, recently entered an agreement with Hempistry Inc., a Kentucky-based hemp cultivator, to deliver resources for its plant micropropagation work. A recent article discussing the company reads, “Sugarmade’s supply contract with Hempistry for the latter’s micropropagation operations is expected to be an ongoing relationship, as Hempistry grows domestically and into the international arena. . . . Micropropagation is a process that involves cloning or ‘propagating’ new hemp plants from existing ‘mother’ plants that have shown a desirable genetic profile. Much of the hemp cultivated in North America is grown through this propagation process rather than from seed, and the micropropagation process not only ensures exact replicas of the best mother plants but also allows for a very large number of plants to be readied simultaneously, according to the company.”

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