NetworkNewsBreaks – Sugarmade Inc.’s (SGMD) Co
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Sugarmade (OTC: SGMD), an innovator in the dynamic California cannabis sector, is among companies welcoming Assembly Bill 45 (“AB-45”). The bill went into effect recently, creating a comprehensive regulatory framework for the manufacture and sale of hemp-derived products in California and setting a new focus on safety and consistency. Sugarmade is a California-based company that is committed to providing high-quality products and excellent services. “Sugarmade is a majority owner and operator (70%) of Nug Avenue, a cannabis-delivery services brand based in southern California that offers hand-selected, top-shelf products. The company is committed to providing convenient mobile ordering and online access to its exclusive, quality products,” reads a recent article, which contains excerpts from a High Times news report detailing the AB-45 legislation. “While CBD products are freely found in stores, they are considered ‘adulterated’ under existing California law, which is defined under the Sherman Food, Drug and Cosmetic Law,” stated the High Times publication. “What AB-45 will do is provide clarity for the hemp industry — more importantly, reassuring hemp consumers that products are independently tested and labeled properly.”
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