$SGMD ~ Sugarmade recently released news regarding
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Posted On: 01/15/2020 2:50:09 PM
$SGMD ~ Sugarmade recently released news regarding entrance into Hemp Extraction Equipment Supply Business. Most likely this will be addressed in this weeks PR update. >>
Sugarmade Enters Hemp Extraction Equipment Supply Business – Initial Customer Order En Route to Mega Hemp Extraction Facility
https://finance.yahoo.com/news/sugarmade-ente...10428.html
To note from PR: "Sugarmade has entered into an agreement with manufacturers located throughout China that have significant experience in designing and manufacturing equipment used to extract essential oils from plants, terpenes, especially medicinal herbs and flowers. The experience in these specific extraction technologies, which has been gained over the decades, is now being brought to bear relative to the extraction of the oils from hemp. In collaboration with Sugarmade, these Chinese companies have increased the scale of the equipment to fit the larger crop sizes associated with hemp cultivation, while maintaining the high levels of efficiency for which these manufacturers have become known throughout Asia.
Sugarmade is entering this business as part of a major business expansion outlined in its recently approved strategic plan. The plan calls for the Company to continue to supply extraction and laboratory equipment into the hemp extraction sub-sector of the marketplace. Sugarmade believes it is especially capable of success in this business segment due to its extensive experience in Asian product sourcing, its strong relationships with manufacturers and its considerable expertise in international logistics."
Sugarmade Enters Hemp Extraction Equipment Supply Business – Initial Customer Order En Route to Mega Hemp Extraction Facility
https://finance.yahoo.com/news/sugarmade-ente...10428.html
To note from PR: "Sugarmade has entered into an agreement with manufacturers located throughout China that have significant experience in designing and manufacturing equipment used to extract essential oils from plants, terpenes, especially medicinal herbs and flowers. The experience in these specific extraction technologies, which has been gained over the decades, is now being brought to bear relative to the extraction of the oils from hemp. In collaboration with Sugarmade, these Chinese companies have increased the scale of the equipment to fit the larger crop sizes associated with hemp cultivation, while maintaining the high levels of efficiency for which these manufacturers have become known throughout Asia.
Sugarmade is entering this business as part of a major business expansion outlined in its recently approved strategic plan. The plan calls for the Company to continue to supply extraction and laboratory equipment into the hemp extraction sub-sector of the marketplace. Sugarmade believes it is especially capable of success in this business segment due to its extensive experience in Asian product sourcing, its strong relationships with manufacturers and its considerable expertise in international logistics."
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