Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Anyone know why FNHI is in trouble? some are saying the CSE listing is a farce, just trying to suck investors money in.
More News Coming, $SGMD Headed HIGHER
$SGMD #hydroponics #cannabis could boost rev guidance to $75M
https://finance.yahoo.com/news/sugarmade-targets-45-million-revenue-110000305.html
Sugarmade Targets $45 Million Revenue Stream for Highly Accretive Acquisitions in Cannabis Supply Sector
PR Newswire PR Newswire•October 2, 2018
MONROVIA, California, October 2, 2018 /PRNewswire/ --
Sugarmade, Inc. (SGMD), one of the largest publicly traded hydroponics supply companies, today announces it has issued formal proposals to acquire two hydroponic cultivation supply companies within the fast growing cannabis sector. Sugarmade recently reiterated its 2019 revenue guidance of $30 million representing growth of over 700%, but should these acquisition efforts be successful, the Company would immediately boost its revenue guidance to $75 million for next year, representing one of the fastest revenue growth rates in the cannabis industry. In addition to boosting the top line growth rate, management of Sugarmade believes these acquisitions will also be highly accretive to both overall shareholder value and net income.
Sugarmade has issued two formal acquisition proposals. The first acquisition target is a Southern California-based, major supplier of hydroponic cultivation supplies to the wholesale sector and to large commercial cultivators, which is profitable and cash flow positive, producing in excess of $40 million of revenue per year. Under the terms of the proposal, Sugarmade would acquire the organization for a combination of cash and Sugarmade common stock.
The second is a Washington state-based retailer, which is also profitable and cash flow positive, producing approximately $5 million of revenue per year. Under the terms of the proposal, Sugarmade would issue common stock to acquire the retailer.
Mr. Jimmy Chan, CEO of Sugarmade commented, "These acquisitions will not only very significantly boost our top line revenue growth, but will also expand our distribution across the most important sectors of the fast-growing cannabis marketplace, including the wholesale market, which services brick and mortar retailers and to large commercial cultivation operations, which are rapidly expanding their cultivation footprints. In addition to the revenue growth opportunities, we will also be afforded very meaningful cost savings across many operational functions. In particular, we believe there are strong cost synergies relative to manufacturing, purchasing, international transport, warehousing, and shipment to customers. Perhaps most exciting, however, is that these acquisitions will place us among the largest public companies in the booming cannabis sector."
Relative to the proposed acquisitions, management of the Company and its board of directors believe the acquisitions will be highly accretive to common shareholder value and will significantly strengthen the Company's position in the fast growing hydroponic cultivation and supply market sector.
About Sugarmade, Inc. (SGMD):
Sugarmade, Inc. is a product and brand marketing company investing in products and brands with disruptive potential. Sugarmade's brands include ZenHydro.com, CarryOutSupplies.com, and BudLife Cannabis Storage Solutions.
STATEMENTS: This release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements also may be included in other publicly available documents issued by the Company and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management's current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "would," "could," "will" and other words of similar meaning in connection with a discussion of future operating or financial performance. Examples of forward looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance.
Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause the Company's actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. Such risks, uncertainties and other factors include, among others such as, but not limited to economic conditions, changes in the laws or regulations, demand for products and services of the company, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward looking statements.
Any forward-looking information provided in this release should be considered with these factors in mind. We assume no obligation to update any forward-looking statements contained in this report.
For more information on the Company's products, please visit http://www.Sugarmade.com.
For inquiries please contact Jimmy Chan at (888)982-1628 or info@Sugarmade.com.
$SGMD #hydroponics #cannabis could boost rev guidance to $75M
https://finance.yahoo.com/news/sugarmade-targets-45-million-revenue-110000305.html
Sugarmade Targets $45 Million Revenue Stream for Highly Accretive Acquisitions in Cannabis Supply Sector
PR Newswire PR Newswire•October 2, 2018
MONROVIA, California, October 2, 2018 /PRNewswire/ --
Sugarmade, Inc. (SGMD), one of the largest publicly traded hydroponics supply companies, today announces it has issued formal proposals to acquire two hydroponic cultivation supply companies within the fast growing cannabis sector. Sugarmade recently reiterated its 2019 revenue guidance of $30 million representing growth of over 700%, but should these acquisition efforts be successful, the Company would immediately boost its revenue guidance to $75 million for next year, representing one of the fastest revenue growth rates in the cannabis industry. In addition to boosting the top line growth rate, management of Sugarmade believes these acquisitions will also be highly accretive to both overall shareholder value and net income.
Sugarmade has issued two formal acquisition proposals. The first acquisition target is a Southern California-based, major supplier of hydroponic cultivation supplies to the wholesale sector and to large commercial cultivators, which is profitable and cash flow positive, producing in excess of $40 million of revenue per year. Under the terms of the proposal, Sugarmade would acquire the organization for a combination of cash and Sugarmade common stock.
The second is a Washington state-based retailer, which is also profitable and cash flow positive, producing approximately $5 million of revenue per year. Under the terms of the proposal, Sugarmade would issue common stock to acquire the retailer.
Mr. Jimmy Chan, CEO of Sugarmade commented, "These acquisitions will not only very significantly boost our top line revenue growth, but will also expand our distribution across the most important sectors of the fast-growing cannabis marketplace, including the wholesale market, which services brick and mortar retailers and to large commercial cultivation operations, which are rapidly expanding their cultivation footprints. In addition to the revenue growth opportunities, we will also be afforded very meaningful cost savings across many operational functions. In particular, we believe there are strong cost synergies relative to manufacturing, purchasing, international transport, warehousing, and shipment to customers. Perhaps most exciting, however, is that these acquisitions will place us among the largest public companies in the booming cannabis sector."
Relative to the proposed acquisitions, management of the Company and its board of directors believe the acquisitions will be highly accretive to common shareholder value and will significantly strengthen the Company's position in the fast growing hydroponic cultivation and supply market sector.
About Sugarmade, Inc. (SGMD):
Sugarmade, Inc. is a product and brand marketing company investing in products and brands with disruptive potential. Sugarmade's brands include ZenHydro.com, CarryOutSupplies.com, and BudLife Cannabis Storage Solutions.
STATEMENTS: This release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements also may be included in other publicly available documents issued by the Company and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management's current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "would," "could," "will" and other words of similar meaning in connection with a discussion of future operating or financial performance. Examples of forward looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance.
Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause the Company's actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. Such risks, uncertainties and other factors include, among others such as, but not limited to economic conditions, changes in the laws or regulations, demand for products and services of the company, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward looking statements.
Any forward-looking information provided in this release should be considered with these factors in mind. We assume no obligation to update any forward-looking statements contained in this report.
For more information on the Company's products, please visit http://www.Sugarmade.com.
For inquiries please contact Jimmy Chan at (888)982-1628 or info@Sugarmade.com.
Up 25% on $SGMD targets $45M rev stream in #cannabis sector
https://finance.yahoo.com/news/sugarmade-targets-45-million-revenue-110000305.html
Sugarmade Targets $45 Million Revenue Stream for Highly Accretive Acquisitions in Cannabis Supply Sector
PR Newswire PR Newswire•October 2, 2018
MONROVIA, California, October 2, 2018 /PRNewswire/ --
Sugarmade, Inc. (SGMD), one of the largest publicly traded hydroponics supply companies, today announces it has issued formal proposals to acquire two hydroponic cultivation supply companies within the fast growing cannabis sector. Sugarmade recently reiterated its 2019 revenue guidance of $30 million representing growth of over 700%, but should these acquisition efforts be successful, the Company would immediately boost its revenue guidance to $75 million for next year, representing one of the fastest revenue growth rates in the cannabis industry. In addition to boosting the top line growth rate, management of Sugarmade believes these acquisitions will also be highly accretive to both overall shareholder value and net income.
Sugarmade has issued two formal acquisition proposals. The first acquisition target is a Southern California-based, major supplier of hydroponic cultivation supplies to the wholesale sector and to large commercial cultivators, which is profitable and cash flow positive, producing in excess of $40 million of revenue per year. Under the terms of the proposal, Sugarmade would acquire the organization for a combination of cash and Sugarmade common stock.
The second is a Washington state-based retailer, which is also profitable and cash flow positive, producing approximately $5 million of revenue per year. Under the terms of the proposal, Sugarmade would issue common stock to acquire the retailer.
Mr. Jimmy Chan, CEO of Sugarmade commented, "These acquisitions will not only very significantly boost our top line revenue growth, but will also expand our distribution across the most important sectors of the fast-growing cannabis marketplace, including the wholesale market, which services brick and mortar retailers and to large commercial cultivation operations, which are rapidly expanding their cultivation footprints. In addition to the revenue growth opportunities, we will also be afforded very meaningful cost savings across many operational functions. In particular, we believe there are strong cost synergies relative to manufacturing, purchasing, international transport, warehousing, and shipment to customers. Perhaps most exciting, however, is that these acquisitions will place us among the largest public companies in the booming cannabis sector."
Relative to the proposed acquisitions, management of the Company and its board of directors believe the acquisitions will be highly accretive to common shareholder value and will significantly strengthen the Company's position in the fast growing hydroponic cultivation and supply market sector.
About Sugarmade, Inc. (SGMD):
Sugarmade, Inc. is a product and brand marketing company investing in products and brands with disruptive potential. Sugarmade's brands include ZenHydro.com, CarryOutSupplies.com, and BudLife Cannabis Storage Solutions.
STATEMENTS: This release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements also may be included in other publicly available documents issued by the Company and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management's current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "would," "could," "will" and other words of similar meaning in connection with a discussion of future operating or financial performance. Examples of forward looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance.
Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause the Company's actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. Such risks, uncertainties and other factors include, among others such as, but not limited to economic conditions, changes in the laws or regulations, demand for products and services of the company, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward looking statements.
Any forward-looking information provided in this release should be considered with these factors in mind. We assume no obligation to update any forward-looking statements contained in this report.
For more information on the Company's products, please visit http://www.Sugarmade.com.
For inquiries please contact Jimmy Chan at (888)982-1628 or info@Sugarmade.com.
Up 25% on $SGMD targets $45M rev stream in #cannabis sector
https://finance.yahoo.com/news/sugarmade-targets-45-million-revenue-110000305.html
Sugarmade Targets $45 Million Revenue Stream for Highly Accretive Acquisitions in Cannabis Supply Sector
PR Newswire PR Newswire•October 2, 2018
MONROVIA, California, October 2, 2018 /PRNewswire/ --
Sugarmade, Inc. (SGMD), one of the largest publicly traded hydroponics supply companies, today announces it has issued formal proposals to acquire two hydroponic cultivation supply companies within the fast growing cannabis sector. Sugarmade recently reiterated its 2019 revenue guidance of $30 million representing growth of over 700%, but should these acquisition efforts be successful, the Company would immediately boost its revenue guidance to $75 million for next year, representing one of the fastest revenue growth rates in the cannabis industry. In addition to boosting the top line growth rate, management of Sugarmade believes these acquisitions will also be highly accretive to both overall shareholder value and net income.
Sugarmade has issued two formal acquisition proposals. The first acquisition target is a Southern California-based, major supplier of hydroponic cultivation supplies to the wholesale sector and to large commercial cultivators, which is profitable and cash flow positive, producing in excess of $40 million of revenue per year. Under the terms of the proposal, Sugarmade would acquire the organization for a combination of cash and Sugarmade common stock.
The second is a Washington state-based retailer, which is also profitable and cash flow positive, producing approximately $5 million of revenue per year. Under the terms of the proposal, Sugarmade would issue common stock to acquire the retailer.
Mr. Jimmy Chan, CEO of Sugarmade commented, "These acquisitions will not only very significantly boost our top line revenue growth, but will also expand our distribution across the most important sectors of the fast-growing cannabis marketplace, including the wholesale market, which services brick and mortar retailers and to large commercial cultivation operations, which are rapidly expanding their cultivation footprints. In addition to the revenue growth opportunities, we will also be afforded very meaningful cost savings across many operational functions. In particular, we believe there are strong cost synergies relative to manufacturing, purchasing, international transport, warehousing, and shipment to customers. Perhaps most exciting, however, is that these acquisitions will place us among the largest public companies in the booming cannabis sector."
Relative to the proposed acquisitions, management of the Company and its board of directors believe the acquisitions will be highly accretive to common shareholder value and will significantly strengthen the Company's position in the fast growing hydroponic cultivation and supply market sector.
About Sugarmade, Inc. (SGMD):
Sugarmade, Inc. is a product and brand marketing company investing in products and brands with disruptive potential. Sugarmade's brands include ZenHydro.com, CarryOutSupplies.com, and BudLife Cannabis Storage Solutions.
STATEMENTS: This release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements also may be included in other publicly available documents issued by the Company and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management's current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "would," "could," "will" and other words of similar meaning in connection with a discussion of future operating or financial performance. Examples of forward looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance.
Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause the Company's actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. Such risks, uncertainties and other factors include, among others such as, but not limited to economic conditions, changes in the laws or regulations, demand for products and services of the company, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward looking statements.
Any forward-looking information provided in this release should be considered with these factors in mind. We assume no obligation to update any forward-looking statements contained in this report.
For more information on the Company's products, please visit http://www.Sugarmade.com.
For inquiries please contact Jimmy Chan at (888)982-1628 or info@Sugarmade.com.
$SGMD pops over 25% from lows yesterday on #CBD news today https://finance.yahoo.com/news/sugarmade-targets-45-million-revenue-110000305.html
Sugarmade Targets $45 Million Revenue Stream for Highly Accretive Acquisitions in Cannabis Supply Sector
$SGMD pops over 25% from lows yesterday on #CBD news today https://finance.yahoo.com/news/sugarmade-targets-45-million-revenue-110000305.html
Sugarmade Targets $45 Million Revenue Stream for Highly Accretive Acquisitions in Cannabis Supply Sector
Headed back to the .20's, and easy run to the .30's
$$$$ SGMD STRONG BUY $$$$ CLIMBING HIGHER, MORE NEWS COMING!!!
$$$$ SGMD UP 25% and headed back into the .20"$$$$$
$$$$ SGMD UP 25% and headed back into the .20"$$$$$
$$$$ SGMD UP 25% and headed back into the .20"$$$$$
UP 25% from Yesterday-BOOM $SGMD 8K OUT- $45M in Acquisitions and possibly up to $90M in REVENU$$$$$
https://www.marketwatch.com/investing/Stock/sgmd/SecFilings?subview=secarticle&sid=7360146&guid=12986151&type=8
UP 25% from Yesterday-BOOM $SGMD 8K OUT- $45M in Acquisitions and possibly up to $90M in REVENU$$$$$
https://www.marketwatch.com/investing/Stock/sgmd/SecFilings?subview=secarticle&sid=7360146&guid=12986151&type=8
UP 25% from Yesterday-BOOM $SGMD 8K OUT- $45M in Acquisitions and possibly up to $90M in REVENU$$$$$
https://www.marketwatch.com/investing/Stock/sgmd/SecFilings?subview=secarticle&sid=7360146&guid=12986151&type=8
$$$ FNHI Strong BUY $$$
$FNHI Worksport, Franchise Holdings International’s wholly owned subsidiary, was founded in 2011 to breathe innovation into existing tonneau / truck-bed cover marketplace. Worksport, a manufacturer of high quality, cost effective tonneau covers for the light duty truck market. The company’s product line offers innovation, affordability and dependability which is the sweet spot for this market. Worksport currently serves customers in Canada and the United States. Listen to the conference call here: https://franchiseholdingsinternational.com/media/conference-calls/ https://smallcapvoice.com/blog/7-18-18-smallcapvoice-interview-with-franchise-holdings-international-inc-fnhi/.
$FNHI on alert, check it out! On the Journey to the Fully Electric Pickup Truck https://franchiseholdingsinternational.com/on-the-journey-to-the-fully-electric-pickup-truck/
$FNHI on alert, check it out! On the Journey to the Fully Electric Pickup Truck https://franchiseholdingsinternational.com/on-the-journey-to-the-fully-electric-pickup-truck/
$FNHI CC and CEO Interview out, unbelievably undervalued OTC investment.
FNHI 20X BAGGER
Low Locked Float, Zero Debt, #Revenues, Global Sales,Dual Listing #Automotive #Manufacturing #OTCQB #CSE #Trucks #OTCMarkets
$FNHI CC and CEO Interview out, unbelievably undervalued OTC investment.
FNHI 20X BAGGER
Low Locked Float, Zero Debt, #Revenues, Global Sales,Dual Listing #Automotive #Manufacturing #OTCQB #CSE #Trucks #OTCMarkets
$FNHI Alert- OTCQB Uplisting coming by EOM. CEO Interview $FNHI- Next Leg Up .10 - .12pps https://www.barchart.com/stocks/quotes/FNHI/t...l-analysis
Interview Heard at #Smallcapvoice.com https://smallcapvoice.com/blog/7-18-18-smallc...-inc-fnhi/.
OTCQB Uplisting in July - CSE Listing August/September
$FNHI DELIVERS Q1 2018 10Q https://finance.yahoo.com/news/franchise-hold...00375.html
FNHI 20X BAGGER
Low Locked Float, Zero Debt, #Revenues, Global Sales,Dual Listing #Automotive #Manufacturing #OTCQB #CSE #Trucks #OTCMarkets
$FNHI Alert- OTCQB Uplisting coming by EOM. CEO Interview $FNHI- Next Leg Up .10 - .12pps https://www.barchart.com/stocks/quotes/FNHI/t...l-analysis
Interview Heard at #Smallcapvoice.com https://smallcapvoice.com/blog/7-18-18-smallc...-inc-fnhi/.
OTCQB Uplisting in July - CSE Listing August/September
$FNHI DELIVERS Q1 2018 10Q https://finance.yahoo.com/news/franchise-hold...00375.html
FNHI 20X BAGGER
Low Locked Float, Zero Debt, #Revenues, Global Sales,Dual Listing #Automotive #Manufacturing #OTCQB #CSE #Trucks #OTCMarkets
$$$ CEO Interview $$$
https://smallcapvoice.com/blog/7-18-18-smallc...-inc-fnhi/.
$$$ CEO Conference Call $$$
https://franchiseholdingsinternational.com/me...nce-calls/
$$$ Zero Debt $$$
$$$ Revenues $$$$
$$$ OTCQB $$$
$$$ CSE $$$
$$$ Locked Float $$$
Excellent post, $FHNI Strong BUY
@TheHonest_CEO $FNHI #WorkSport
$FNHI @TheHonest_CEO #WorkSport
$FNHI @TheHonest_CEO #WorkSport
Smart Money is on $FNHI up over 110% in the last several weeks, once OTCQB listing this month is achieved, you'll see .05pps over night. Do your own DD, this is a real OTC Investment, no pump n dump here.
$FNHI just getting started, be sure to listen to CC from Monday, OTCQB/CSE listings coming very quickly, you'll be chasing it. Do your own DD, this is a winner/winner.
$$$ @TheHonest_CEO #WorkSport $$$
$$$ $FNHI $$$
$FNHI - STRONG BUY
Low Locked Float, Zero Debt, Revenue, Global Sales, No Toxic Notes or Financing, $1 Billion in Revenue Manufacturer wants to sell their product, this all says $1pps is coming, and he wants to be on NASDAQ as well.
Conference Call is a must listen.
https://t.co/OToNbsECdv?amp=1