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Sugarmade, Inc. (SGMD)

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Last Post: 5/21/2019 9:37:48 AM - Followers: 273 - Board type: Free - Posts Today: 28

SUGARMADE,INC (OTCQB:SGMD)




*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 *

http://budlife.io/

 

 


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

 


 

*IT'S ALL ABOUT THE HEMP*

 

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


https://www.facebook.com/SugarmadeInc/posts/1979692298760508

 

 

 

 

        Sugarmade to Become The World's Largest Publicly Traded                                         
                           Cannabis 
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



















 












 



BUDLIFE CANNABIS STORAGE

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)


 



 

 


 

CHART:


 

http://www.barchart.com/charts/stocks/SGMD

 




 

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

 

Authorized Shares

1,990,000,000

12/31/2018

Outstanding Shares

646,888,318

12/31/2018

-Restricted

454,296,711

12/31/2018
 

-Unrestricted

192,591,607

12/31/2018
 

Held at DTC

184,493,775

12/31/2018
 

 

Float

190,091,607

12/27/2018
 

 

SGMD
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Volume:
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SGMD News: Current Report Filing (8-k) 06:07 AM
SGMD News: Quarterly Report (10-q) 05/20/2019 04:21:08 PM
SGMD News: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 05/15/2019 01:53:57 PM
SGMD News: Sugarmade Begins Development of Artificial Intelligence Based Hemp Cultivation Monitoring Systems 05/14/2019 12:00:00 PM
SGMD News: Sugarmade Begins Development of Artificial Intelligence Based Hemp Cultivation Monitoring Systems 05/14/2019 12:00:00 PM
News News Alert: Current Report Filing (8-k) 05/21/2019 06:07:22 AM
PlusOneCoin Top Posts
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PostSubject
#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
#19457   Well I can say this much for sure. akc232 05/21/19 09:43:41 AM
#19456   .03+ bids building nicely now. $SGMD huge revs TradeForProfits 05/21/19 09:42:21 AM
#19455   mrw21j, good point! suissac 05/21/19 09:37:48 AM
#19454   as expected market uncertain, $SGMD load time imo TradeForProfits 05/21/19 09:33:06 AM
#19453   The problem is that by pattern of preceding mrw21j 05/21/19 09:31:55 AM
#19452   Jimmy orchestrated the share price down, now everyone suissac 05/21/19 09:29:28 AM
#19451   Revs are up about 500K vs last year. akc232 05/21/19 09:20:54 AM
#19450   I agree, I think it was safe to akc232 05/21/19 09:11:15 AM
#19449   TradeForProfits, they played it this way for their suissac 05/21/19 09:10:29 AM
#19448   frontloading, Jimmy needs to be exiled from the suissac 05/21/19 09:06:37 AM
#19447   while it has taken longer, good to see TradeForProfits 05/21/19 09:03:44 AM
#19446   Just read your post..agree..:) Unethical puts it mildly.. frontloading 05/21/19 08:59:52 AM
#19445   mrw21j, exactly, and now the other unethical problem suissac 05/21/19 08:53:24 AM
#19444   As expected, it's Tuesday and Jimmy up early frontloading 05/21/19 08:40:10 AM
#19443   Yes, but Jimmy is now using that wording frontloading 05/21/19 08:39:27 AM
#19442   It is unethical for him to report revenue mrw21j 05/21/19 08:36:08 AM
#19441   Exactly as stated prior. I do agree 1dmg1 05/21/19 08:30:14 AM
#19440   From the 8K: Revenue recognition will occur when mrw21j 05/21/19 08:15:20 AM
#19439   ZERO! mrw21j 05/21/19 08:04:24 AM
#19438   RMN enjoy the drink and rest of your 1dmg1 05/21/19 07:25:19 AM
#19437   8k is out. With Detailed info kdominic2001 05/21/19 07:24:40 AM
#19436   I'm in this too deep. I'm not going Sonny Crockett 05/21/19 06:49:13 AM
#19435   corr. on POC's, email error. suissac 05/21/19 06:31:24 AM
#19434   Point of contacts on the SeeThrEquaty case, I'm suissac 05/21/19 06:26:30 AM
#19433   mud4x4 NO JOKE! suissac 05/21/19 03:16:34 AM
#19432   mud4x4 NO JOKE! suissac 05/21/19 03:16:27 AM
#19431   mud4x4 NO JOKE! suissac 05/21/19 03:16:20 AM
#19430   Guys On vaca ! Congrat iron ! Are remember my name 05/21/19 01:48:55 AM
#19429   Anybody else find it telling that RMN is ironguts 05/20/19 10:56:59 PM
#19428   pffffffft!! {spits coffee all over the screen}LMAO! Ya mud4x4 05/20/19 10:54:00 PM
#19427   akc232, we're going to find out! suissac 05/20/19 09:47:38 PM
#19426   remember my name, explain your predictions. suissac 05/20/19 09:45:40 PM
#19425   Yeh I think Jimmy really needs to be akc232 05/20/19 09:45:20 PM
#19424   Remember this, when Jimmy said they were recognizing suissac 05/20/19 09:31:47 PM
#19423   My Congressional Complaint will be CC'd to Maxine suissac 05/20/19 09:12:06 PM
#19422   Meat3137, exactly, orchestrated! suissac 05/20/19 08:53:46 PM
#19421   Disappointed in that revenue number. How much Sonny Crockett 05/20/19 08:34:20 PM
#19420   I see this as positive points also. What Jmarkutah 05/20/19 08:23:03 PM
#19419   I think jimmy is laughing all the way Meat3137 05/20/19 07:14:32 PM
#19418   Tough to sugarcoat today's Q release.. far worse frontloading 05/20/19 07:08:07 PM
#19417   Sorry for the grammar, auto correct and I Meat3137 05/20/19 06:57:25 PM
#19416   Think about, he sold the shares to all Meat3137 05/20/19 06:54:58 PM
#19415   Lol funny Meat3137 05/20/19 06:42:15 PM
#19414   Doesn't the Asian calendar have 140 quarters in Sonny Crockett 05/20/19 06:41:46 PM
#19413   Only senerio I can think of is, SugarMade Meat3137 05/20/19 06:32:49 PM
#19412   Yeah I’m out I’ve been in this stock Meat3137 05/20/19 06:27:21 PM
#19411   Looks like the August 15 Q will be Sonny Crockett 05/20/19 06:26:14 PM
#19410   I bet jimmy Chan tan and the rest Meat3137 05/20/19 06:21:29 PM
#19409   ..and YoY QMar19 vs 18 revenues dropped a frontloading 05/20/19 06:03:28 PM
#19408   Somebody please resuscitate Suissac! frontloading 05/20/19 05:51:48 PM
PostSubject