NetworkNewsBreaks – Sugarmade, Inc. (SGMD) Recei
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Sugarmade (OTCQB: SGMD) today announced its receipt of over $10 million in new orders for consumable sanitary supplies and non-medical personal protective items as America prepares to get back to work. As businesses across the country are scrambling for supplies in preparation to reopen, facing moral and legal obligations to protect their workers, Sugarmade’s CarryOutsupplies.com operating unit is benefiting in helping to meet this demand. “We have never seen anything like this situation. We believe we are in a unique situation relative to the re-opening of America,” Sugarmade CEO Jimmy Chan stated in the news release. “Approximately two months ago we began importing consumable sanitary supplies and non-medical personal protective gear. As it turns out, this was a wise move. We sold out of nearly all of what we received. Fortunately, we have the sourcing and trans-Pacific logistical experience to bring in much larger quantities to help meet the insatiable demand that is developing as business, universities, and government institutions order supplies to protect their workers and customers. We have a lot more product in the supply chain that will soon be headed to our customers.”
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