SUGARMADE, INC. (OTCBB:SGMD)
INTRODUCES CANNASHROUD and BUDLIFE
CANNABIS TRANSPORT SYSTEM
AND PATENTED ATMOSPHERIC PACKAGING
FOR THE GROWING CANNABIS MARKETPLACE
ODOR FREE - DISCRETE AND
ENHANCED CANNABIS SHIPPING
Sriracha Seasoning Stix Under License from Corporate Home Page: http://www.sugarmade.com/
Huy Fong Foods, Inc.
The REALSriracha Hot Chili Sauce Company
REAL Huy Fong Foods
Now Selling Online
Sugarmade, Inc., (OTC:SGMD) is a City of Industry, California-based, publicly traded company engaged in a variety of business operations, including advertising-supported printed materials for the restaurant and takeout industries, generic and custom printed products for these same industries, and environmentally friendly tree free office and copy paper. Sugarmade also holds a minority stake in several patents relating to the seasoning of food products.
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.
Sugarmade to Become The World's Largest Publicly Traded Cannabis Industry Supply Company
Other Business Units of Sugarmade, Inc.
*LINK* 2018 Shareholder News: 2018 SGMD CEO Letter/Outlook (1/4/18)
SGMD Security Details
| ||Authorized Shares ||300,000,000 ||a/o Dec 31, 2017 |
| ||Outstanding Shares ||247,395,774 ||a/o Dec 31, 2017 |
| ||-Restricted ||108,399,718 ||a/o Dec 31, 2017 |
| ||-Unrestricted ||138,996,056 ||a/o Dec 31, 2017 |
| ||Held at DTC ||136,034,513 ||a/o Dec 31, 2017 |
| ||Float ||40,831,671 ||a/o Dec 28, 2016 |