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Sugarmade, Inc. (SGMD)

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Last Post: 10/21/2019 10:18:41 PM - Followers: 311 - Board type: Free - Posts Today: 0


*P.S. Click on pictures for links!*

           750 Royal Oaks Drive Suite 108 Monrovia, CA 91016      
                            Email: info@sugarmade.com     
Phone:  (626) 346-9512                            


OTCMarkets Quote: https://www.otcmarkets.com/stock/SGMD/quote

News: https://www.otcmarkets.com/stock/SGMD/news

Disclosures: https://www.otcmarkets.com/stock/SGMD/disclosure

SEC EDGAR: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000919175&owner=exclude&count=40&hidefilings=0


Sugarmade Catalyst

BizRight/ ZenHydro Hydroponics Merger
Sky Unlimited LOI Acquisition
Budlife Cannabis Storage
Hempistry Hemp/CBD Investment
Hydro4Less Acquisition
BZRTH LLC Acquisition

* New Budlife Website *




Sugarmade to Exercise Option to Acquire BZRTH, LLC Further

Expanding its 
Presence in Cannabis Supplies Sector (Feb 2019)


MONROVIA, CA -- February 6, 2019 -- InvestorsHub NewsWire -- Sugarmade, Inc. (OTCQB: SGMD), a major supplier to the growing hydroponic cultivation sector, today announces its exercise of an option to acquire BZRTH, LLC. Under the terms of the exercise and upon closing, all BZRTH revenues will be reported through Sugarmade significantly further boosting Sugarmade's revenue base.  The acquisition is expected to be highly accretive for common shareholders.

Mr. Jimmy Chan, CEO of Sugarmade commented, "BZRTH is a sister company of BizRight, LLC. During December of 2017, Sugarmade and BizRight signed a Master Marketing Agreement where BizRight's products would be sold by Sugarmade. We recently modified that agreement to include BZRTH Our exercise of our option to fully acquire these businesses will allow us to now realize full revenue recognition, boosting our top line growth rate very significantly. We will retain the entire staff of employees, who we warmly welcome to the Sugarmade family."

This acquisition option exercise comes on the heels of recent announcements that Sugarmade would acquire Athena United, a specialist company providing hydroponic supplies to large commercial cultivators, and the announcement of its intention to acquire Washington state hydroponic supplier Hydro4Less.  Athena United is expected to produce approximately $40 million in annual revenues and the single Hydro4Less for location approximately $5 million annually. In addition, relative the Hydro4Less acquisition, Sugarmade acquired an option to acquire two additional locations, which are expected to produce in excess of $20 million annually.

Mr. Chan commented further, "Sugarmade plans to integrate these businesses fully as soon as is possible, making us one of the larger suppliers to this growing marketplace.  Additionally, we are in process of vetting other possible acquisitions to further enhanced of the portfolio of hydroponic and cultivation supply products. We are certainly excited about our prospects for the remaining part of this year and into next year."

PR- https://ih.advfn.com/stock-market/USOTC/sugarmade-inc-qb-SGMD/stock-news/79198878/sugarmade-to-exercise-option-to-acquire-bzrth-llc


Sugarmade to Acquire Hydroponic Retailer Hydro4Less Flagship

Location Adding to Streak of Planned Acquisitions (Jan. 2019)

MONROVIA, CA -- January 23, 2019 -- InvestorsHub NewsWire -- Sugarmade, Inc. (OTCQB:SGMD), a major supplier to the growing hydroponic cultivation sector, today announces its intent to acquire a retail location of Washington State-based Hydro4Less. The operation is expected to produce approximately $5 million in revenues and to be profitable during calendar 2019. Additionally, via the pending transaction, Sugarmade will gain an option to purchase two additional Hydro4Less retail operations, which are currently producing in excess of $20 million annually. Should all three acquisitions close, Sugarmade will increase its annual revenues by approximately $25 million per year.

PR- https://ih.advfn.com/stock-market/USOTC/sugarmade-inc-qb-SGMD/stock-news/79103437/sugarmade-to-acquire-hydroponic-retailer-hydro4les

On January 23, 2019 Sugarmade, Inc. (the “Company”) announced the signing of a Letter of Intent (the “LOI”) to acquire a retail location of Washington State-based Hydro4Less. The LOI outlines the general terms of a possible acquisition transaction. Pending the signing of a definitive agreement, Sugarmade will issue Five Million Dollars ($5,000,000) of its common shares at a price pegged at Ten Cents ($0.10) to the owners of Hydro4Less in exchange for the single retail operation, not including inventories on hand.

Additionally, via the pending transaction, Sugarmade will gain an option, at an acquisition price to be determined later, to purchase two additional Hydro4Less retail operations, which are currently producing in excess of Twenty Million Dollars ($20,000,000) annually. The single location acquisition that is the subject of the LOI, is expected to produce approximately Five Million Dollars ($5,000,000) for calendar year 2019 and is currently operating at a profit with positive operating cash flow. The Company believes the single location the acquisition would be accretive to earning for Sugarmade. Should all three acquisitions close, Sugarmade will increase its annual revenues by approximately Twenty Five Million Dollars ($25,000,000) million per year.

Hydro4Less is significant supplier to the growing hydroponic cultivation sector. Neither the Company nor Hydro4Less conduct any business involving the sale of any cannabis product or relating to any products containing cannabis.

8k- https://ih.advfn.com/stock-market/USOTC/sugarmade-inc-qb-SGMD/stock-news/79122401/current-report-filing-8-k


Sugarmade Executes on $40 Million Definitive Agreement to Acquire

Sky Unlimited, LLC Creating Hydroponic Supply Powerhouse (Nov. 2018)

Monrovia, CA -- November 01, 2018 -- InvestorsHub NewsWire -- Sugarmade, Inc. (OTCQB:SGMD) today announces the signing of a binding Definitive Agreement to acquire Sky Unlimited, LLC, which through its AthenaUnited.com operations and website offers multiple popular hydroponic brands to several growing agricultural cultivation sectors. As a result of this acquisition, Sugarmade is raising its revenue guidance for calendar 2019 from $30 million to $70 million. Sugarmade expects this acquisition to be highly accretive to common shareholder value.

PR- https://ih.advfn.com/p.php?pid=nmona&article=78591268



10/16/18- Sugarmade Signs LOI with to acquire Sky Unlimited LLC

(Athena United) with Revenues of 40 Million. (Oct. 2018)


On October 15, 2018, the Company signed a Letter of Intent (the “LOI” or the “Agreement) to acquire Sky Unlimited, LLC doing business as Athena United (“Sky Unlimited”), a Southern California-based, supplier of hydroponic cultivation supplies to the wholesale sector and to large commercial cultivators. Athena United operates its ecommerce website at www.AthenaUnited.com. Under the terms of the Agreement, which contains both binding and non-binding elements, Sugarmade will acquire all of the outstanding capital stock and the business operations for a combination of cash and common shares of Sugarmade. Athena United, and its associated operations, is believed to be one of the larger operators in this market sector and is producing revenues of approximately $40 million per year, is profitable, and cash flow positive. Should the Company be successful in its acquisition efforts, the operation would be integrated under the Sugarmade corporate umbrella with Sugarmade assuming all operations and recognizing all revenues and profits.

8k-  https://ih.advfn.com/p.php?pid=nmona&article=78472354&_ga=2.16722035.456879724.1539554368-1713181330.1533250972





8/21/18- Sugarmade Launches Industrial Hemp and CBD Initiative with

Hempistry Inc.

Sugarmade, Inc. (SGMD), one of the largest publicly traded hydroponics supply companies, today announces a new corporate initiative in the booming hemp market.  Sugarmade is committing up to $1,000,000 in capital over the next twelve months to invest in Hempistry, Inc. a privately held Nevada corporation, which has begun planting an ultra-high cannabidiol (CBD) industrial hemp strain in the U.S. State of Kentucky.  Additionally, Sugarmade expects to sign an agreement with Hempistry for hemp cultivation supplies.  Hempistry has already begun planting and has signed an agreement reserving up to 23,000 acres of prime Kentucky farmland for its exclusive use for hemp cultivation.  Additionally, Sugarmade's CEO, Jimmy Chan, announces he has become an advisor to and a shareholder in Hempistry, Inc.

PR Statement- https://ih.advfn.com/p.php?pid=nmona&article=78110786

8k- https://ih.advfn.com/p.php?pid=nmona&article=78119557






        Sugarmade to Become The World's Largest Publicly Traded                                         
Industry Supply Company!!


Sugarmade and BizRight Merger 

On December 13, 2017, Sugarmade Inc., a Delaware corporation (the “Company”) entered into a Master Marketing Agreement with BizRight Hydroponic, Inc. (“BizRight”), a leading marketer and manufacturer of cannabis and hydroponic growth supplies, which offers a range of hydroponics-related products including: HPS grow lights, electronic ballasts, HPS Bulbs, nutrient mixes, environmental control products, pH measurement and calibration solutions and other cannabis-related grow and storage products. BizRight operates the ZenHydro.com website and other e-commerce properties, and sells various products to distributors and retailers.

The Company believes the execution of this Agreement will make Sugarmade, Inc. the largest public supplier to the growing cannabis supply marketplace. The Company will not engage in the marketing or sale of any cannabis or cannabis-containing products via this Agreement, which has a twenty (20) years term. BizRight is expected to produce at least $30 million in revenues during calendar 2017 and to be profitable. Significant revenue growth is expected for 2018. Sugarmade plans to offer more specific revenue guidance to its investors in subsequent announcements.

Under the terms of the Master Marketing Agreement, all products procured, developed and imported by BizRight will be sold by the Company, which will recognize all revenues.

8k: https://ih.advfn.com/p.php?pid=nmona&article=76298050

Subsidaries of BizRight:


Zenhydro Hydroponics: https://www.zenhydro.com/

Growonix: https://growonix.com/

Ipower: https://www.amazon.com/stores/node/15773584011?_encoding=UTF8&field-lbr_brands_browse-bin=iPower&ref_=w_bl_hsx_s_lg_web_15773584011

Ipower trademark by BizRight: https://trademarks.justia.com/854/49/ipower-85449393.html


Ipower Sold on Amazon and Walmart Marketplace!!

Ipower Walmart




World's First And Only Patented Storage For Preserving Cannabis Flowers. Maximizing the Power of Medical Cannabis.

SUMMARY - Sugarmade, Inc. (OTCQB:SGMD) plans a leadership role in the market for cannabis storage via introduction of patented storage containers that utilize modified intelligent atmosphere packaging to extend the life of cannabis, preserve terpenes and THC/CBC levels, prevent spoilage, and reduce dangerous pathogens. 


BUDLIFE White Paper:  http://www.otcmarkets.com/financialReportViewer?symbol=SGMD&id=174762




Other Subsidaries of Sugarmade, Inc.(OTCQB:SGMD)










SGMD Share Structure : https://www.otcmarkets.com/stock/SGMD/security


Authorized Shares



Outstanding Shares









Held at DTC








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SGMD News: Current Report Filing (8-k) 10/21/2019 09:22:35 AM
SGMD News: Annual Report (10-k) 10/15/2019 05:23:12 PM
SGMD News: Notification That Annual Report Will Be Submitted Late (nt 10-k) 09/30/2019 05:21:18 PM
SGMD News: Hemp Set to Overtake Tobacco in Kentucky Amid Boom for Growers, Suppliers 09/11/2019 08:45:00 AM
SGMD News: Sugarmade Introduces New State-of-the-Art iPower Cultivation Equipment on Amazon.com 09/10/2019 10:42:27 AM
News News Alert: Current Report Filing (8-k) 10/21/2019 09:22:35 AM
#21648  Sticky Note HUGE NEWS MOMO>>>Sugarmade Introduces New State-of-the-art iPower Cultivation doogdilinger 09/10/19 09:48:10 AM
#18478  Sticky Note News: $SGMD Sugarmade to Begin Hemp Micropropagation Supply whytestocks 04/11/19 12:01:29 PM
#16987  Sticky Note SUGARMADE AMONG THE RANKS OF THE LARGEST CANNABIS-RELATED GetRich902902 01/27/19 11:16:32 AM
#22672   we hit .017 on a big 8K and MOMO 10/21/19 10:18:41 PM
#22671   BIG RUN SETTING UP! im betting 05 area SIIX 10/21/19 10:10:56 PM
#22670   Nice action today ready for more to come StockStarGucci 10/21/19 08:19:19 PM
#22669   definitely Agree SIIX SamTheTrader 10/21/19 07:52:31 PM
#22668   Solid Day BCN SamTheTrader 10/21/19 07:50:57 PM
#22667   There's an excitement here that this board hasn't Sonny Crockett 10/21/19 07:50:43 PM
#22666   Glad to take a position here today. Looking poncewaves 10/21/19 07:35:17 PM
#22665   TY BCN and goooooo SGMD!!!! Wrinkles 10/21/19 06:35:33 PM
#22664   Was a good productive day, higher highs and Wrinkles 10/21/19 06:35:07 PM
#22663   I think tomorrow we see the 02 break. SIIX 10/21/19 06:19:44 PM
#22662   *SGMD* #2 Breakout Boards https://investorshub.advfn.com/boards/breakoutboard Reeper 10/21/19 06:11:48 PM
#22661   Glad the closing is upon us. I feel Sonny Crockett 10/21/19 05:44:23 PM
#22660   SGMD Big Green Spike Chart yankee2 10/21/19 05:10:08 PM
#22659   Yes it is. See you tomorrow. Have a BCNstocks 10/21/19 05:06:07 PM
#22658   Wildcard, Agreed! suissac 10/21/19 04:54:25 PM
#22657   You think I just happen to fall here Reeper 10/21/19 04:47:32 PM
#22656   When did that happen? I don't see it. Propain 10/21/19 04:42:01 PM
#22655   Some note holder sure is! Wildcard 10/21/19 04:29:11 PM
#22654   5mill T- trade today. Let’s hope our new Wildcard 10/21/19 04:28:22 PM
#22653   I guess K&J is making some good money! suissac 10/21/19 04:17:40 PM
#22652   Haha You think doog and group are here by Wildcard 10/21/19 04:16:37 PM
#22651   It's coming....agreeeeee...... Wrinkles 10/21/19 04:00:06 PM
#22650   We are going to have a good week BCNstocks 10/21/19 03:56:19 PM
#22649   Agreed on the shorts,. "Wildcard" how many times Reeper 10/21/19 03:55:13 PM
#22648   LMAO, 25,000 shares on the .0138 ASK price specutator 10/21/19 03:53:00 PM
#22647   Agreed, could see a week on top of Reeper 10/21/19 03:51:11 PM
#22646   take advantage of the crazy traders here. this SIIX 10/21/19 03:37:47 PM
#22645   $SGMD agreed! I like that we are holding BCNstocks 10/21/19 03:33:50 PM
#22644   Agreed, Wrinkles. Nice churning in the .013s. Just BCNstocks 10/21/19 03:27:47 PM
#22643   See how a few just lost shares. GLTA SGMD. Reeper 10/21/19 03:27:15 PM
#22642   Agreed parmacorp doogdilinger 10/21/19 03:20:33 PM
#22641   Sugarmade making real value-driven progress this quarter! doogdilinger 10/21/19 03:19:30 PM
#22640   Consolidated Nicely SamTheTrader 10/21/19 03:15:01 PM
#22639   Next stop 0.02. Imo. parmarcorp 10/21/19 03:14:44 PM
#22638   SGMD just churned out the .01 flippers today. Reeper 10/21/19 03:14:06 PM
#22637   .0133 x .0135 ~ Nice and green in BCNstocks 10/21/19 03:11:08 PM
#22636   Absolutely doog... SamTheTrader 10/21/19 03:09:36 PM
#22635   *if i had 18 mil into a company irishdenny 10/21/19 02:57:44 PM
#22634   Jus Did :) irishdenny 10/21/19 02:51:45 PM
#22633   Yep! Absolutely! ;) BCNstocks 10/21/19 02:50:44 PM
#22632   Not anymore....Looks to me like a one day TTMAR 10/21/19 02:48:26 PM
#22631   Churn em & burn em right bud! doogdilinger 10/21/19 02:46:39 PM
#22630   Acquisition News BilboBAGholder 10/21/19 02:43:29 PM
#22629   $SGMD ready for the next leg BilboBAGholder 10/21/19 02:42:58 PM
#22628   Wow! Such strong buying today! .0135 taken out! BCNstocks 10/21/19 02:42:34 PM
#22627   Nice acquisition 8K on $SGMD looking for back BilboBAGholder 10/21/19 02:41:32 PM
#22626   mine ~ irishdenny 10/21/19 02:31:54 PM
#22625   Looking thin amc 10/21/19 02:29:48 PM
#22624   Bid building here. stockmoneybaby 10/21/19 02:27:23 PM
#22623   700k bid .013 nice Murdoc 10/21/19 02:26:58 PM