$SGMD Globe Small Cap Research - Company report on

$SGMD Globe Small Cap Research - Company report on Sugarmade
Research Report - Globe Small Cap Research - Company report on Sugarmade
SGMD : Sugarmade, Inc. This report offers an analysis of growth
opportunities for Sugamade, Inc. and its Budcars
cannabis delivery service.
§ While there was already considerable growth in
cannabis delivery services mainly relating to the
growing trend toward e-commerce and home
delivery, COVID-19 has sent this trend into
overdrive.
§ Sugarmade’s Budcars is experiencing strong
growth as its current operation expands
organically. Entrance into new markets will likely
yield acceleration.
§ In particular, we urge investors to watch the
recently announced expansion into the Los
Angeles market, which is likely the world’s most
lucrative. This geographic expansion could easily
allow Budcar’s to more than double in size over
the next year.
§ COVID-19 pandemic has accelerated the many
issues for cannabis companies. This increased
uncertainty creates an opportunity for SGMD and
Budcars relative to M&A and other business
combinations.
§ Sugarmade’s public status can be leveraged to
gain advantage in a turbulent industry that has
been further impacted by COVID-19.
§ Investors should watch SGMD closely as it has
before it a significant business opportunity.

https://sec.report/otc/financial-report/244757