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Sugarmade, Inc. (SGMD)

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Last Post: 12/13/2018 8:36:46 PM - Followers: 266 - Board type: Free - Posts Today: 11


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           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 Executes on $40 Million Definitive Agreement to Acquire

Sky Unlimited, LLC Creating Hydroponic Supply Powerhouse


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.

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:


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 299,897,579
-Restricted 111,944,791
-Unrestricted 187,952,788
Held at DTC 183,473,775
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SGMD News: Hemp Industry Sees Profitable Harvest as Farm Bill Approaches Finale 12/04/2018 08:45:00 AM
SGMD News: Current Report Filing (8-k) 11/29/2018 08:06:17 AM
SGMD News: Annual Report (10-k) 11/28/2018 03:57:23 PM
SGMD News: Cannabis Boom Fuels Mergers and Acquisitions in Hydroponics and Beyond 11/27/2018 08:45:00 AM
SGMD News: Current Report Filing (8-k) 11/15/2018 10:56:01 AM
PlusOneCoin Top Posts
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#16129  Sticky Note Yep long just got a little longer and cheaper$$$ mud4x4 11/29/18 10:19:03 AM
#13809  Sticky Note Well Lookie Here..Jimmy name dropping Hempistry for a reason?.:) frontloading 08/23/18 01:39:41 AM
#16378   I'm a purchaser for herbal supplements, wholesale cost Maximum7 12/13/18 08:36:46 PM
#16377   You guys are way off with the numbers. 88Billion 12/13/18 01:59:47 PM
#16376   SOON REITERATE 70 MILLION IN PROFITS manslap 12/13/18 12:59:46 PM
#16375   PER 10K BUDLIFE DELIVERIES BY 12/31/18 manslap 12/13/18 12:59:05 PM
#16374   ANYTHING UNDER .15 ARE CHEAPIES manslap 12/13/18 12:57:58 PM
#16373   BIZRIGHT DEAL FINALLY CLOSED manslap 12/13/18 12:56:52 PM
#16372   APPEARS FILING 10Q FRIDAY manslap 12/13/18 12:54:46 PM
#16371   yaaa….wouldn't it be lovely if Jimmy would just ironguts 12/13/18 12:15:24 PM
#16370   nice entry. welcome. they are behind in their TradeForProfits 12/13/18 10:53:22 AM
#16369   How long has this had a yield sign? DFREIHOEFER 12/13/18 10:38:32 AM
#16368   yes, seems light activity only, need them financials TradeForProfits 12/13/18 10:20:00 AM
#16367   "Nevada hemp growers 2018 surveyed by Marijuana Business frontloading 12/12/18 10:38:07 PM
#16366   I see where you guys got the $2500 Moeclay 12/12/18 10:25:14 PM
#16365   According to a Kentucky farmer, 1 acre of Moeclay 12/12/18 09:45:35 PM
#16364   Yeah ! Good point irongut ! Will cost remember my name 12/12/18 07:43:52 PM
#16363   Thanks, missed that two strains. I believe the 4.50 Tokenwest 12/12/18 06:50:07 PM
#16362   Sounds promising for a first haul :) but, CBDmogul 12/12/18 05:45:16 PM
#16361   Thx..i also read the article...Hempistry has 20k flower.."10,000 frontloading 12/12/18 05:31:58 PM
#16360   I did a quick search and the flower Tokenwest 12/12/18 04:46:32 PM
#16359   nice... also https://hightimes.com/news/2018-farm-bill-passes-through-congress-w TradeForProfits 12/12/18 04:00:20 PM
#16358   Attention: We are now serving Kung Pao Dog manslap 12/12/18 02:47:04 PM
#16357   SGMD TO PURCHASE ENTIRE STATE OF KENTUCKY FOR manslap 12/12/18 02:45:49 PM
#16356   Per KY hemp farmer July 2018.."Last year Furnish frontloading 12/12/18 02:43:56 PM
#16354   WHERE'S THE 10 Q ? manslap 12/12/18 02:41:03 PM
#16353   NO TIKEE NO WASHEE HERE manslap 12/12/18 02:40:38 PM
#16352   they might get the hydroponics for free but ironguts 12/12/18 02:30:45 PM
#16351   2300 acres Equates to 4 remember my name 12/12/18 01:32:37 PM
#16350   https://live.house.gov/?date=2018-12-12 Jmarkutah 12/12/18 01:26:29 PM
#16349   I wonder who's putting those large block sells suissac 12/12/18 01:25:22 PM
#16348   A private company is a firm held under Jmarkutah 12/12/18 09:01:47 AM
#16347   I thought Hempistry was/is a private company still? CBDmogul 12/12/18 08:40:33 AM
#16346   Not that 2300 acres wouldn't be good. Just Jmarkutah 12/12/18 06:56:07 AM
#16345   Front, looks like SGMD .08s tomorrow. Rat Fink 12/12/18 12:46:15 AM
#16344   Front, as I told you, SGMD .09s today. Rat Fink 12/12/18 12:45:28 AM
#16343   I've reached out twice to SGMD (and once frontloading 12/11/18 11:58:25 PM
#16342   "A huge success for Hempistry and Sugarmade" frontloading 12/11/18 11:27:54 PM
#16341   What filing is that in? Dg23 12/11/18 11:09:52 PM
#16340   It's America's turn now. Farm Bill passed. Hemp/CBD Moeclay 12/11/18 10:56:19 PM
#16339   Great!!! Goes to the House next, then Trump. Moeclay 12/11/18 10:41:25 PM
#16338   peeps have been just been pumping it for ironguts 12/11/18 10:40:51 PM
#16337   •Q1 2019 revenue for the Company was $1.68 manslap 12/11/18 10:24:24 PM
#16336   NO FACE CEO PEE ON SHAREHOLDER MEETING manslap 12/11/18 10:20:22 PM
#16335   SORRY BIZRIGHT NOT HAPPENING PEOPLE manslap 12/11/18 10:19:22 PM
#16334   7 EMPLOYEES AND 6 MILLION LOSS manslap 12/11/18 10:18:36 PM
#16333   PAPER CUPS AND 6 MILLION LOSS manslap 12/11/18 10:18:02 PM
#16332   Hey, Mogul, I agree wholeheartedly. Been Three Cents 12/11/18 08:43:13 PM
#16331   Just playing devil's advocate.....BUT, we don't even know CBDmogul 12/11/18 07:45:57 PM
#16330   Passed the senate. Next Trump needs to sign. Jmarkutah 12/11/18 05:34:36 PM
#16329   likewise. that was awesome. .10 area seems to TradeForProfits 12/11/18 10:52:25 AM