NetworkNewsBreaks – Sugarmade Inc. (SGMD) Establ
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Posted On: 03/28/2022 4:53:29 PM
NetworkNewsBreaks – Sugarmade Inc. (SGMD) Establishing Competitive Advantage, Verticalizing Operations in Growing Marketplace
Sugarmade (OTC: SGMD) is an emerging leader in the licensed cannabis sector. The company has “set its eyes on expanding its end-market access as a central player in the growing California cannabis delivery marketplace while also developing its in-house cannabis production capacity to verticalize operations in the space,” reads a recent article. “Sugarmade currently operates Nug Avenue, a cannabis delivery service located in the Los Angeles metropolitan area. The location opened in March 2021, and by the end of June 2021, it had more than 10,000 unique members. That growth has continued, and the company now has nearly 25,000 unique members with plans for a second location underway and other locations being explored. In addition, SGMD has implemented new cannabis delivery technology to establish a competitive advantage in its core delivery zone: the Onfleet last-mile solution with Blaze. And Sugarmade is finalizing plans for its first planting at the large 640-acre outdoor cultivation site associated with its recently acquired Lemon Grow subsidiary.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Sugarmade (OTC: SGMD) is an emerging leader in the licensed cannabis sector. The company has “set its eyes on expanding its end-market access as a central player in the growing California cannabis delivery marketplace while also developing its in-house cannabis production capacity to verticalize operations in the space,” reads a recent article. “Sugarmade currently operates Nug Avenue, a cannabis delivery service located in the Los Angeles metropolitan area. The location opened in March 2021, and by the end of June 2021, it had more than 10,000 unique members. That growth has continued, and the company now has nearly 25,000 unique members with plans for a second location underway and other locations being explored. In addition, SGMD has implemented new cannabis delivery technology to establish a competitive advantage in its core delivery zone: the Onfleet last-mile solution with Blaze. And Sugarmade is finalizing plans for its first planting at the large 640-acre outdoor cultivation site associated with its recently acquired Lemon Grow subsidiary.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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