living the budlife
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NO FINANCIALS UNTIL SUMMER 2019
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WILL AQUIRE EXISTING NASDAQ COMPANY JAN 2019?
Sugarmade Signs Exclusive West Coast Distribution for Patented Breakthrough Cannabis Storage Technology
PR Newswire
City of Industry, California, June 15, 2017
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
"come and get it!" sylvestor the accredited investor
NOT PROFITABLE MAYBE IN 2023 BREAK EVEN
WARNING THE 10Q WILL BE FILED AFTER THE 10K 11/23/2018
MR. GIOVANNI IS A NICE MAN
I'LL BE LEAVING ON A JET PLANE 11/15/18 DON'T KNOW WHEN I'LL BE BACK AGAIN -CEO NO FACE
"Ring my Bell!" sylvestor the accredited investor
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 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.
SUGARMADE RETURNS TO THE OTCQB AS FULLY REPORTING-CEO NO FACE COMMENTS ON GROWTH
Monrovia, CA -- August 8, 2018 -- InvestorsHub NewsWire -- Sugarmade, Inc. (OTC:SGMD), one of the largest publicly traded cannabis-related hydroponics supply companies returns to the OTCQB Venture Market trading venue as a fully reporting company with the U.S. Securities & Exchange Commission
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CEO NO FACE ATE DOG
DOG ATE 10Q
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10K MONDAY 11/12/18 BOOM!
SKY 30% NET PROFIT MARGIN - BOOM!
BIZRITE 25% NET PROFIT MARGIN - BOOM!
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10Q 11/15/18 BOOM !
CEO NO FACE WILL BE ON A PLANE 11/15/18 AGAIN!
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CEO NO FACE "DOG ATE 10K I ATE DOG - SORRY"
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