NetworkNewsBreaks – Sugarmade Inc. (SGMD) Announ
Post# of 386
Sugarmade (OTCQB: SGMD) this morning announced commencement of hemp cultivation in conjunction with Hempistry, Inc., a Kentucky hemp cultivator for which Sugarmade recently announced it had begun to exercise its investment option. According to the update, the hemp being cultivated this year by Hempistry is a fast growing strain especially rich in cannabidiol (“CBD”). “Our investment in Hempistry, our commencement to the state of Kentucky and our pending acquisition of BZRTH provide Sugarmade with multiple options for growth, while our recently effective S-1 filing expands our ability to finance the many initiatives in front of the Company,” SGMD CEO Jimmy Chan said in the news release. “We wish Hempistry well in their efforts this season.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer