$SGMD NEW YORK, Oct. 22, 2019 (GLOBE NEWSWIRE) --

$SGMD NEW YORK, Oct. 22, 2019 (GLOBE NEWSWIRE) -- via NetworkWire – Sugarmade, Inc. (SGMD) (“Sugarmade”, “SGMD”, or the “Company”), a major supplier to the hydroponic cultivation and hemp sectors, is pleased to announce the finalization of terms between Sugarmade and BZRTH Inc. for a definitive agreement whereby Sugarmade will acquire BZRTH Inc. (“BZRTH”), a leading ecommerce supplier to the rapidly expanding hydroponic agricultural space. The Parties expect the acquisition to be finalized and closed by October 31, 2019.

https://www.wsj.com/articles/PR-CO-20191022-909373

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