living the budlife
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New York City NY SGMD CEO to tour NASDAQ trade clearing center on 11/26/2018 in anticipation of 2019 Listing.
Shenyang China 11/22/2018 SGMD CEO tours budlife production line
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Sugarmade Debuts BudLife Prototypes - World's First and Only Patented Storage for Preserving Cannabis Flowers
Sugarmade, Inc. (OTCQB: SGMD) and Plantation Corp., today unveil the prototype design for BudLife, a unique patent protected device for the long-term storage of cannabis. The companies expect to begin taking orders for BudLife during the fourth quarter in order to prepare for the opening of the California recreational cannabis market on January 1, 2018. Sugarmade has produced a new video demonstrating BudLife, which can be viewed at http://www.sugarmade.com.
"We think BudLife is a game changer for the cannabis industry. The industry has been lacking an effective storage device that will preserve THC levels, prohibit terpene degradation and safeguard the other important properties of cannabis. As the exclusive distributor for BudLife for the single largest cannabis market in the world - California, Oregon, and Washington - we are particularly proud of this product and look forward to helping the industry preserve its flowers during 2018 and beyond," commented No Face, CEO of Sugarmade.
Sugarmade Signs Exclusive West Coast Distribution for Patented Breakthrough Cannabis Storage Technology
City of Industry, California, /PRNewswire/ --
Sugarmade, Inc. (OTCQB: SGMD), today announces the signing of an exclusive distribution agreement with privately held Plantation Corp. for its breakthrough preservation technology based on radical integration of specialized gases and natural agents that dramatically extends the useful life of medical marijuana up to six (6) months by actively monitoring the internal containers environment and automatically adjusting its atmosphere as needed; all without the need for refrigeration.
Under the terms of the agreement, Sugarmade gains exclusive distribution to the largest U.S. markets, California, Oregon and Washington markets through 2018, including the very important hydroponic retail distribution network, with automatic renewals based on success milestones. Plantation and Sugarmade expect to begin distribution of the products later this year.
The storage containers will be protected via a strong patent portfolio, which protects the use of a modified atmosphere container for storing cannabis. As such the cannabis container system being developed will be unique, and cannot be copied or replicated by a competitor.
No Face, CEO of Sugarmade, commented, "This is a critical capability in the case of cannabis since unlike fruits and vegetables that thrive in chilly conditions, refrigeration degrades and undermines the efficacy of the plant medical benefits. Simply put, the technology's innovative features extend the life of medical marijuana, while protecting it from infestation, mold and pathogens to ensure product safety. This is a major event for our company that will further solidify our growing presence in this booming industry."
About Sugarmade, Inc. (OTCQB: SGMD)
Sugarmade, Inc. is a product and brand marketing company investing in products and brands with disruptive potential. Sugarmade's brands include CaliGrownSupplies.com, CarryOutSupplies.com, FreeHand ThumbTray, and Sriracha Seasoning Stix, a revolutionary culinary seasoning product under official license from Irwindale, California- based Huy Fong Foods, Inc., the maker of Sriracha Hot Chili Sauce. For more information on the company's products, please visit: http://www.Sugarmade.com.
FORWARD-LOOKING 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.
NO FACE CEO LEAVING ON A JET PLANE 11/23/18 DON'T KNOW WHEN HE WILL BE BACK AGAIN
"grandpa tell me the sgmd shareholder meeting story again" sylvestor the accredited investor
EXPECTING CBD ANTI CANCER DRUG NEXT
BRILLIANT !
NO FACE CEO ON EXPEDIA FOR 11/23 FLIGHT RESERVATION
EARNINGS SOON BADA BOOM!
FRIDAY .30 SHARE PRICE BADA BOOM!
UPLIST TO NASDAQ BADA BOOM
30-40 M REVENUE BADA BOOM WITH 10K
BIZRIGHT BADA BOOM WITH 10K
Hedge Fund Boom with 10K
"come and get it!" sylvestor the accredited investor
UPLISTING IMMINENT 2019
It generally takes 4-6 weeks to process a listing application. This time frame is variable and may be shortened considerably, if the application raises no issues and the company responds to staff comments.
Week 1. Company submits application for listing and NASDAQ listing Qualifications staff begins its review.
Week 2-3. Staff completes its preliminary review and prepares comment letter.Week 3-4. Company addresses any issues raised by staff.
Week 5-6. Staff completes their review and company is approved for listing.
NASDAQ won't allow just any company to be traded on its exchange. Only companies with a solid history and top-notch management behind them are considered. NASDAQ has three sets of listing requirements. Each company must meet at least one of the three requirement sets, as well as the main rules for all companies.
Listing Standard No. 1The company must have aggregate pre-tax earnings in the prior three years of at least $11 million, in the prior two years at least $2.2 million, and no one year in the prior three years can have a net loss.
Listing Standard No. 2The company must have a minimum aggregate cash flow of at least $27.5 million for the past three fiscal years, with no negative cash flow in any of those three years. In addition, its average market capitalization over the prior 12 months must be at least $550 million, and revenues in the previous fiscal year must be $110 million, minimum.
Listing Standard No. 3Companies can be removed from the cash flowrequirement of Standard No. 2 if the average market capitalization over the past 12 months is at least $850 million, andrevenuesover the prior fiscal year are at least $90 million.
NEXT AQUISITION - MULTIPLE DISPENSARIES
ONCE IN LIFETIME CHANCE BEFORE NASDAQ
PRICE TARGET NOW $ 1.68 ONE DOLLAR SIXTY EIGHT
Soon .80
NASDAQ Soon Bada Boom !
"will announce 3rd acquisition 11/26/2018" sylvestor the accredited investor
"g working with j on uplsiting" sylvestor the accredited investor
"Next Friday Will Be VERY Good" sylvestor the accredited investor
"bizright guidance raised to 40 Million" sylvestor the accredited investor
Sugarmade Signs Exclusive West Coast Distribution for Patented Breakthrough Cannabis Storage Technology
City of Industry, California, June 15, 2017 /PRNewswire/ --
Sugarmade, Inc. (OTCQB: SGMD), today announces the signing of an exclusive distribution agreement with privately held Plantation Corp. for its breakthrough preservation technology based on radical integration of specialized gases and natural agents that dramatically extends the useful life of medical marijuana up to six (6) months by actively monitoring the internal containers environment and automatically adjusting its atmosphere as needed; all without the need for refrigeration.
Under the terms of the agreement, Sugarmade gains exclusive distribution to the largest U.S. markets, California, Oregon and Washington markets through 2018, including the very important hydroponic retail distribution network, with automatic renewals based on success milestones. Plantation and Sugarmade expect to begin distribution of the products later this year.
The storage containers will be protected via a strong patent portfolio, which protects the use of a modified atmosphere container for storing cannabis. As such the cannabis container system being developed will be unique, and cannot be copied or replicated by a competitor.
No Face, CEO of Sugarmade, commented, "This is a critical capability in the case of cannabis since unlike fruits and vegetables that thrive in chilly conditions, refrigeration degrades and undermines the efficacy of the plant medical benefits. Simply put, the technology's innovative features extend the life of medical marijuana, while protecting it from infestation, mold and pathogens to ensure product safety. This is a major event for our company that will further solidify our growing presence in this booming industry."
About Sugarmade, Inc. (OTCQB: SGMD)
Sugarmade, Inc. is a product and brand marketing company investing in products and brands with disruptive potential. Sugarmade's brands include CaliGrownSupplies.com, CarryOutSupplies.com, FreeHand ThumbTray, and Sriracha Seasoning Stix, a revolutionary culinary seasoning product under official license from Irwindale, California- based Huy Fong Foods, Inc., the maker of Sriracha Hot Chili Sauce. For more information on the company's products, please visit: http://www.Sugarmade.com.
FORWARD-LOOKING 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 inquiries please contact:
No Face
+1-(888)982-1628
info@Sugarmade.com
"Boom 100% profit for Me!" sylvestor the accredited investor
"selling me .05's at .10 slowly and steady baby!" sylvestor the accredited investor
"it's a beautiful day!" sylvestor the accredited investor
We need another 122 Days to file
"we love the Thumb Tray at our BBQ" sylvestor the accredited investor
"my dad says dubble your money!" sylvestor the accredited investor
SUGARMADE FILES QUARTERLY RESULTS PROVIDES INVESTOR UPDATE
Mr. No Face, CEO of Sugarmade commented, "The filing of our financial results has been delayed as we revamped our financial team and systems in order to manage the strong growth we are currently realizing and to prepare for the growth we are forecasting for future periods. While we have experienced growing pains, the good news is we have implemented some strong systems and augmented our financial staffs, which will allow us to be more timely in future reporting. We will be back on track with our reporting very soon. We continue to believe our future is very bright, as we expand our operations and rapidly expand our revenue base."
Financial Reporting - Sugarmade has now filed its results for the quarter ending September 30, 2018 and is in process of finalizing reports for the quarters ending December 31, 2017 and March 30, 2018. Much of the delay in reporting was caused by personnel augmentations relating to the significant expansion of revenues and operations that is occurring. Sugarmade expects to return the Company to fully reporting status over the short term and sees no major issues moving forward relative to timely financial reporting.
Financial Staff and Functions The accounting and financial staffs at Sugarmade have been significantly expanded with these new individuals mainly concentrating on integrating new revenues streams into the previously existing and newly installed financial management systems. These integrations have largely been completed, significantly streamlining the overall reporting function.
Offer Revenue Guidance for Rapid Cannabis Sector Growth – Begins to Recognize Revenues From Multiple New Revenue Streams
InvestorsHub NewsWire -- Sugarmade, Inc. (OTC:SGMD) one of the largest publicly traded cannabis-related hydroponics supply companies, today announces a significant milestone for the Company with the beginning of revenue recognition relating to its master marketing agreement with cannabis cultivation and hydroponic supplier, BizRight Hydroponics, Inc.
The Company is now recognizing revenue under this new agreement with the month of April expected to be the first full month of reporting. Sugarmade expects to see rapid growth in realized revenues throughout the June quarter and throughout fiscal 2018.
No Face, Sugarmade CEO commented, “Preparing to grow a company at a rate in excess of that of the hyper-growing cannabis marketplace has taken a significant amount of planning. I am happy to report we have now implemented the critical components of our internal systems, installed a very talented pool of individuals, and meaningfully enhanced our financial reporting and controls, allowing us to begin booking revenues from multiple new revenue streams, most of which are directly related to cannabis cultivation. Sugarmade has now completed its 2017 audit and financial reporting, freeing its staff to soon report the two completed quarters of fiscal 2018. For the foreseeable future, we expect to see revenue growth rates well in excess of the overall cannabis marketplace. We will be outlining these expectations after the market closes on March 30th.”
The rapid growth in cannabis cultivation is expected to drive Sugarmade’s revenue growth for the next few years as more California State’s licenses are approved and additional States open up to medical and recreational cultivation and usage of cannabis. While the California and other West Coast marketplaces are driving a meaningful portion of the Company’s growth, revenue growth is being realized from almost all regions within the United States and Canada.
Yes 10K 11/14/18 10Q 11/15/18
Sugarmade Debuts BudLife Prototypes - World's First and Only Patented Storage for Preserving Cannabis Flowers
Sugarmade, Inc. (OTCQB: SGMD) and Plantation Corp., today unveil the prototype design for BudLife, a unique patent protected device for the long-term storage of cannabis. The companies expect to begin taking orders for BudLife during the fourth quarter in order to prepare for the opening of the California recreational cannabis market on January 1, 2018. Sugarmade has produced a new video demonstrating BudLife, which can be viewed at http://www.sugarmade.com.
"We think BudLife is a game changer for the cannabis industry. The industry has been lacking an effective storage device that will preserve THC levels, prohibit terpene degradation and safeguard the other important properties of cannabis. As the exclusive distributor for BudLife for the single largest cannabis market in the world - California, Oregon, and Washington - we are particularly proud of this product and look forward to helping the industry preserve its flowers during 2018 and beyond," commented No Face, CEO of Sugarmade.
NO FACE CEO HAS NEVER COME THROUGH ON ANYTHING
WHILE WERE WAITING NO FACE AT 37,000 FEET 11/15/18