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SGMD-Outdoor Cultivation. The Company continues to move toward its first planting at the large 640-acre outdoor cultivation site associated with its recently acquired Lemon Glow subsidiary. Lake County officials are reviewing materials related to the property at present. And the Company believes all necessary approvals will be in place in time for the 2022 planting season. FROM dec8 pr update
SGMD-from dec8 pr update=Outdoor Cultivation. The Company continues to move toward its first planting at the large 640-acre outdoor cultivation site associated with its recently acquired Lemon Glow subsidiary. Lake County officials are reviewing materials related to the property at present. And the Company believes all necessary approvals will be in place in time for the 2022 planting season.
from dec8,update,Outdoor Cultivation. The Company continues to move toward its first planting at the large 640-acre outdoor cultivation site associated with its recently acquired Lemon Glow subsidiary. Lake County officials are reviewing materials related to the property at present. And the Company believes all necessary approvals will be in place in time for the 2022 planting season.
hope for some green today
ur welcome
hope we get the land ready
hes in the right state, right county at the right time
it is due
could bust out
SGMD,up today 14.29% on news today
SGMD,up today 14.29% on news today
SGMD,$$$=Sugarmade Provides Corporate Update as Nug Avenue Sees Accelerating Growth Ahead of Further Expansion
Press Release | 12/08/2021
NEW YORK, NY, Dec. 08, 2021 (GLOBE NEWSWIRE) -- Sugarmade, Inc. (OTC Pink: SGMD) ("Sugarmade", "SGMD" or the "Company") an emerging leader in the vertically integrated California cannabis marketplace, is pleased to provide this update to its shareholders as the Company moves toward new growth initiatives while continuing to expand organically within the framework of its primary operating vision.
Nug Avenue Performance. The Company currently operates one Nug Avenue hub located in the Los Angeles metropolitan area. This initial location has grown dramatically since its inception in March 2021. By the end of June 2021, it had more than 10,000 unique members. That pace of growth has accelerated over recent months and the Company now has nearly 25,000 unique members.
Jimmy Chan, Sugarmade CEO, stated, "We have seen rapid and accelerating organic growth in customers at our initial Nug Avenue location since we opened the doors in March. The good news is that this trend survived reopening, with a reduction in pandemic-related measures and regulations having no impact on our growth. That provides a very healthy backdrop as we look ahead to opening new locations, upgrading our service, and verticalizing our model through our own cultivation resources."
Nug Avenue Expansion. All documentation toward the opening of the Company's second Nug Avenue location has already been submitted. The Company is now awaiting specific instructions about undergoing mandatory inspections and steps related to planning and approvals before it can move forward and officially open the new location.
In addition, management is currently in the process of evaluating additional properties for further expansion, including outside of the Los Angeles marketplace.
New Technology. The Company has also implemented new cannabis delivery technology to establish a competitive advantage in its core delivery zone: the Onfleet last mile delivery solution with Blaze. Onfleet provides AI-based automated dispatch, automatic SMS customer notifications with accurate ETAs, real-time driver tracking, proof-of-delivery, feedback collection tools, and powerful analytics to ensure every delivery is an optimal experience.
In the first month of adoption, Nug Avenue's average delivery time reduced to 41.51 minutes, and customer satisfaction rose to 4.83 out of 5 stars on average.
"The industry average is measured in hours when it comes to cannabis orders in the California delivery marketplace," Chan continued. "We are working to shorten that window and gain an edge to drive market share gains. This technology provides everything from route optimization to real-time delivery updates, saving us time and money while producing higher customer satisfaction in the process."
Outdoor Cultivation. The Company continues to move toward its first planting at the large 640-acre outdoor cultivation site associated with its recently acquired Lemon Glow subsidiary. Lake County officials are reviewing materials related to the property at present. And the Company believes all necessary approvals will be in place in time for the 2022 planting season.
About Sugarmade
Sugarmade, Inc. (OTC Pink: SGMD) is a product and branding marketing company investing in operations and technologies with disruptive potential. Our Brand portfolio includes CarryOutsupplies.com, SugarRush™, NUG Avenue, Lemon Glow and Budcars.
For more information, please visit 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 a
Sugarmade Provides Corporate Update as Nug Avenue Sees Accelerating Growth Ahead of Further Expansion
Press Release | 12/08/2021
NEW YORK, NY, Dec. 08, 2021 (GLOBE NEWSWIRE) -- Sugarmade, Inc. (OTC Pink: SGMD) ("Sugarmade", "SGMD" or the "Company") an emerging leader in the vertically integrated California cannabis marketplace, is pleased to provide this update to its shareholders as the Company moves toward new growth initiatives while continuing to expand organically within the framework of its primary operating vision.
Nug Avenue Performance. The Company currently operates one Nug Avenue hub located in the Los Angeles metropolitan area. This initial location has grown dramatically since its inception in March 2021. By the end of June 2021, it had more than 10,000 unique members. That pace of growth has accelerated over recent months and the Company now has nearly 25,000 unique members.
Jimmy Chan, Sugarmade CEO, stated, "We have seen rapid and accelerating organic growth in customers at our initial Nug Avenue location since we opened the doors in March. The good news is that this trend survived reopening, with a reduction in pandemic-related measures and regulations having no impact on our growth. That provides a very healthy backdrop as we look ahead to opening new locations, upgrading our service, and verticalizing our model through our own cultivation resources."
Nug Avenue Expansion. All documentation toward the opening of the Company's second Nug Avenue location has already been submitted. The Company is now awaiting specific instructions about undergoing mandatory inspections and steps related to planning and approvals before it can move forward and officially open the new location.
In addition, management is currently in the process of evaluating additional properties for further expansion, including outside of the Los Angeles marketplace.
New Technology. The Company has also implemented new cannabis delivery technology to establish a competitive advantage in its core delivery zone: the Onfleet last mile delivery solution with Blaze. Onfleet provides AI-based automated dispatch, automatic SMS customer notifications with accurate ETAs, real-time driver tracking, proof-of-delivery, feedback collection tools, and powerful analytics to ensure every delivery is an optimal experience.
In the first month of adoption, Nug Avenue's average delivery time reduced to 41.51 minutes, and customer satisfaction rose to 4.83 out of 5 stars on average.
"The industry average is measured in hours when it comes to cannabis orders in the California delivery marketplace," Chan continued. "We are working to shorten that window and gain an edge to drive market share gains. This technology provides everything from route optimization to real-time delivery updates, saving us time and money while producing higher customer satisfaction in the process."
Outdoor Cultivation. The Company continues to move toward its first planting at the large 640-acre outdoor cultivation site associated with its recently acquired Lemon Glow subsidiary. Lake County officials are reviewing materials related to the property at present. And the Company believes all necessary approvals will be in place in time for the 2022 planting season.
About Sugarmade
Sugarmade, Inc. (OTC Pink: SGMD) is a product and branding marketing company investing in operations and technologies with disruptive potential. Our Brand portfolio includes CarryOutsupplies.com, SugarRush™, NUG Avenue, Lemon Glow and Budcars.
For more information, please visit 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 a
sgmd,$$$=$SGMD Globe Small Cap Research - Company report on Sugarmade
Research Report - Globe Small Cap Research - Company report on Sugarmade
SGMD : Sugarmade, Inc. This report offers an analysis of growth
opportunities for Sugamade, Inc. and its Budcars
cannabis delivery service.
§ While there was already considerable growth in
cannabis delivery services mainly relating to the
growing trend toward e-commerce and home
delivery, COVID-19 has sent this trend into
overdrive.
§ Sugarmade’s Budcars is experiencing strong
growth as its current operation expands
organically. Entrance into new markets will likely
yield acceleration.
§ In particular, we urge investors to watch the
recently announced expansion into the Los
Angeles market, which is likely the world’s most
lucrative. This geographic expansion could easily
allow Budcar’s to more than double in size over
the next year.
§ COVID-19 pandemic has accelerated the many
issues for cannabis companies. This increased
uncertainty creates an opportunity for SGMD and
Budcars relative to M&A and other business
combinations.
§ Sugarmade’s public status can be leveraged to
gain advantage in a turbulent industry that has
been further impacted by COVID-19.
§ Investors should watch SGMD closely as it has
before it a significa
$$$$=sgmd=$SGMD Globe Small Cap Research - Company report on Sugarmade
Research Report - Globe Small Cap Research - Company report on Sugarmade
SGMD : Sugarmade, Inc. This report offers an analysis of growth
opportunities for Sugamade, Inc. and its Budcars
cannabis delivery service.
§ While there was already considerable growth in
cannabis delivery services mainly relating to the
growing trend toward e-commerce and home
delivery, COVID-19 has sent this trend into
overdrive.
§ Sugarmade’s Budcars is experiencing strong
growth as its current operation expands
organically. Entrance into new markets will likely
yield acceleration.
§ In particular, we urge investors to watch the
recently announced expansion into the Los
Angeles market, which is likely the world’s most
lucrative. This geographic expansion could easily
allow Budcar’s to more than double in size over
the next year.
§ COVID-19 pandemic has accelerated the many
issues for cannabis companies. This increased
uncertainty creates an opportunity for SGMD and
Budcars relative to M&A and other business
combinations.
§ Sugarmade’s public status can be leveraged to
gain advantage in a turbulent industry that has
been further impacted by COVID-19.
§ Investors should watch SGMD closely as it has
before it a significa
news=Sugarmade Provides Corporate Update as Nug Avenue Sees Accelerating Growth Ahead of Further Expansion
Press Release | 12/08/2021
NEW YORK, NY, Dec. 08, 2021 (GLOBE NEWSWIRE) -- Sugarmade, Inc. (OTC Pink: SGMD) ("Sugarmade", "SGMD" or the "Company") an emerging leader in the vertically integrated California cannabis marketplace, is pleased to provide this update to its shareholders as the Company moves toward new growth initiatives while continuing to expand organically within the framework of its primary operating vision.
Nug Avenue Performance. The Company currently operates one Nug Avenue hub located in the Los Angeles metropolitan area. This initial location has grown dramatically since its inception in March 2021. By the end of June 2021, it had more than 10,000 unique members. That pace of growth has accelerated over recent months and the Company now has nearly 25,000 unique members.
Jimmy Chan, Sugarmade CEO, stated, "We have seen rapid and accelerating organic growth in customers at our initial Nug Avenue location since we opened the doors in March. The good news is that this trend survived reopening, with a reduction in pandemic-related measures and regulations having no impact on our growth. That provides a very healthy backdrop as we look ahead to opening new locations, upgrading our service, and verticalizing our model through our own cultivation resources."
Nug Avenue Expansion. All documentation toward the opening of the Company's second Nug Avenue location has already been submitted. The Company is now awaiting specific instructions about undergoing mandatory inspections and steps related to planning and approvals before it can move forward and officially open the new location.
In addition, management is currently in the process of evaluating additional properties for further expansion, including outside of the Los Angeles marketplace.
New Technology. The Company has also implemented new cannabis delivery technology to establish a competitive advantage in its core delivery zone: the Onfleet last mile delivery solution with Blaze. Onfleet provides AI-based automated dispatch, automatic SMS customer notifications with accurate ETAs, real-time driver tracking, proof-of-delivery, feedback collection tools, and powerful analytics to ensure every delivery is an optimal experience.
In the first month of adoption, Nug Avenue's average delivery time reduced to 41.51 minutes, and customer satisfaction rose to 4.83 out of 5 stars on average.
"The industry average is measured in hours when it comes to cannabis orders in the California delivery marketplace," Chan continued. "We are working to shorten that window and gain an edge to drive market share gains. This technology provides everything from route optimization to real-time delivery updates, saving us time and money while producing higher customer satisfaction in the process."
Outdoor Cultivation. The Company continues to move toward its first planting at the large 640-acre outdoor cultivation site associated with its recently acquired Lemon Glow subsidiary. Lake County officials are reviewing materials related to the property at present. And the Company believes all necessary approvals will be in place in time for the 2022 planting season.
About Sugarmade
Sugarmade, Inc. (OTC Pink: SGMD) is a product and branding marketing company investing in operations and technologies with disruptive potential. Our Brand portfolio includes CarryOutsupplies.com, SugarRush™, NUG Avenue, Lemon Glow and Budcars.
For more information, please visit www.Sugarmade.com.
FORWARD-LOOKING STATEMENTS: This release contains "forward-looking statements" within the meaning of the safe harbor provisions
SGMD=$$$=Sugarmade Provides Corporate Update as Nug Avenue Sees Accelerating Growth Ahead of Further Expansion
Press Release | 12/08/2021
NEW YORK, NY, Dec. 08, 2021 (GLOBE NEWSWIRE) -- Sugarmade, Inc. (OTC Pink: SGMD) ("Sugarmade", "SGMD" or the "Company") an emerging leader in the vertically integrated California cannabis marketplace, is pleased to provide this update to its shareholders as the Company moves toward new growth initiatives while continuing to expand organically within the framework of its primary operating vision.
Nug Avenue Performance. The Company currently operates one Nug Avenue hub located in the Los Angeles metropolitan area. This initial location has grown dramatically since its inception in March 2021. By the end of June 2021, it had more than 10,000 unique members. That pace of growth has accelerated over recent months and the Company now has nearly 25,000 unique members.
Jimmy Chan, Sugarmade CEO, stated, "We have seen rapid and accelerating organic growth in customers at our initial Nug Avenue location since we opened the doors in March. The good news is that this trend survived reopening, with a reduction in pandemic-related measures and regulations having no impact on our growth. That provides a very healthy backdrop as we look ahead to opening new locations, upgrading our service, and verticalizing our model through our own cultivation resources."
Nug Avenue Expansion. All documentation toward the opening of the Company's second Nug Avenue location has already been submitted. The Company is now awaiting specific instructions about undergoing mandatory inspections and steps related to planning and approvals before it can move forward and officially open the new location.
In addition, management is currently in the process of evaluating additional properties for further expansion, including outside of the Los Angeles marketplace.
New Technology. The Company has also implemented new cannabis delivery technology to establish a competitive advantage in its core delivery zone: the Onfleet last mile delivery solution with Blaze. Onfleet provides AI-based automated dispatch, automatic SMS customer notifications with accurate ETAs, real-time driver tracking, proof-of-delivery, feedback collection tools, and powerful analytics to ensure every delivery is an optimal experience.
In the first month of adoption, Nug Avenue's average delivery time reduced to 41.51 minutes, and customer satisfaction rose to 4.83 out of 5 stars on average.
"The industry average is measured in hours when it comes to cannabis orders in the California delivery marketplace," Chan continued. "We are working to shorten that window and gain an edge to drive market share gains. This technology provides everything from route optimization to real-time delivery updates, saving us time and money while producing higher customer satisfaction in the process."
Outdoor Cultivation. The Company continues to move toward its first planting at the large 640-acre outdoor cultivation site associated with its recently acquired Lemon Glow subsidiary. Lake County officials are reviewing materials related to the property at present. And the Company believes all necessary approvals will be in place in time for the 2022 planting season.
About Sugarmade
Sugarmade, Inc. (OTC Pink: SGMD) is a product and branding marketing company investing in operations and technologies with disruptive potential. Our Brand portfolio includes CarryOutsupplies.com, SugarRush™, NUG Avenue, Lemon Glow and Budcars.
For more information, please visit www.Sugarmade.com.
FORWARD-LOOKING STATEMENTS: This release contains "forward-looking statements" within the meaning of the safe harbor provisions
SGMD,BIG MONEY HERE=Sugarmade Provides Corporate Update as Nug Avenue Sees Accelerating Growth Ahead of Further Expansion
Press Release | 12/08/2021
NEW YORK, NY, Dec. 08, 2021 (GLOBE NEWSWIRE) -- Sugarmade, Inc. (OTC Pink: SGMD) ("Sugarmade", "SGMD" or the "Company") an emerging leader in the vertically integrated California cannabis marketplace, is pleased to provide this update to its shareholders as the Company moves toward new growth initiatives while continuing to expand organically within the framework of its primary operating vision.
Nug Avenue Performance. The Company currently operates one Nug Avenue hub located in the Los Angeles metropolitan area. This initial location has grown dramatically since its inception in March 2021. By the end of June 2021, it had more than 10,000 unique members. That pace of growth has accelerated over recent months and the Company now has nearly 25,000 unique members.
Jimmy Chan, Sugarmade CEO, stated, "We have seen rapid and accelerating organic growth in customers at our initial Nug Avenue location since we opened the doors in March. The good news is that this trend survived reopening, with a reduction in pandemic-related measures and regulations having no impact on our growth. That provides a very healthy backdrop as we look ahead to opening new locations, upgrading our service, and verticalizing our model through our own cultivation resources."
Nug Avenue Expansion. All documentation toward the opening of the Company's second Nug Avenue location has already been submitted. The Company is now awaiting specific instructions about undergoing mandatory inspections and steps related to planning and approvals before it can move forward and officially open the new location.
In addition, management is currently in the process of evaluating additional properties for further expansion, including outside of the Los Angeles marketplace.
New Technology. The Company has also implemented new cannabis delivery technology to establish a competitive advantage in its core delivery zone: the Onfleet last mile delivery solution with Blaze. Onfleet provides AI-based automated dispatch, automatic SMS customer notifications with accurate ETAs, real-time driver tracking, proof-of-delivery, feedback collection tools, and powerful analytics to ensure every delivery is an optimal experience.
In the first month of adoption, Nug Avenue's average delivery time reduced to 41.51 minutes, and customer satisfaction rose to 4.83 out of 5 stars on average.
"The industry average is measured in hours when it comes to cannabis orders in the California delivery marketplace," Chan continued. "We are working to shorten that window and gain an edge to drive market share gains. This technology provides everything from route optimization to real-time delivery updates, saving us time and money while producing higher customer satisfaction in the process."
Outdoor Cultivation. The Company continues to move toward its first planting at the large 640-acre outdoor cultivation site associated with its recently acquired Lemon Glow subsidiary. Lake County officials are reviewing materials related to the property at present. And the Company believes all necessary approvals will be in place in time for the 2022 planting season.
About Sugarmade
Sugarmade, Inc. (OTC Pink: SGMD) is a product and branding marketing company investing in operations and technologies with disruptive potential. Our Brand portfolio includes CarryOutsupplies.com, SugarRush™, NUG Avenue, Lemon Glow and Budcars.
For more information, please visit www.Sugarmade.com.
FORWARD-LOOKING STATEMENTS: This release contains "forward-looking statements" within the meaning of the safe harbor provisions
SGMD=BIG MONEY HERE=Sugarmade’s Lemon Glow Subsidiary Signaled to Move Forward with Cultivation Permit Process at 640 Acre Property by County Regulators
Press Release | 11/05/2021
NEW YORK, Nov. 05, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Sugarmade, Inc. (OTCMKTS:SGMD) (“Sugarmade”, “SGMD” or the “Company”) an emerging leader in the vertically integrated California cannabis marketplace, is excited to announce that on Oct. 28, 2021, its wholly owned subsidiary, Lemon Glow Company (“Lemon Glow”), obtained a conditional Use Permit (UP) number from the Community Development Department of the County of Lake, California, which the Company believes is an important step towards the conditional Use Permit (UP) for commercial cannabis cultivation at its Property.
The Company had entered into an Agreement and Plan of Merger (“Agreement”), dated as of May 25, 2021, by and between Carnaby Spot Bay Corp, a California corporation (“Merger Sub”) and a wholly-owned subsidiary of the Company, Lemon Glow Company, a California corporation (“Lemon Glow”), and Ryan Santiago. The merger, which was closed on May 25, 2021, included all of Lemon Glow’s assets, interests, property, and rights.
If the necessary approvals and permits are obtained, up to 32 of the 640-acres at the Property would be designated for outdoor cannabis cultivation. Ryan Santiago, CEO of Lemon Glow, estimates that “the annual potential cultivation yield at the Property could possibly achieve 4,000 pounds of dry trimmed cannabis flower per acre annually, which represent approximately 128,000 pounds, or 64 tons, of dry trimmed cannabis flower annually in total."
While the Company believes that the issuance of the conditional Use Permit (UP) number by Lake County is an important step toward full approval to cultivate cannabis on the Property, the Company must still gain approval from other local and state regulatory authorities in California.
Furthermore, the issuance of the conditional use permit number by the County of Lake allows the Company to proceed with a state cannabis cultivation license application and applicable permits, such as those from the Department of Cannabis Control, the Department of Food and Agriculture, the Department of Pesticide Regulation, the Department of Fish and Wildlife, the State Water Resources Control Board, the Board of Forestry and Fire Protection, the Central Valley or North Coast Regional Water Quality Control Board, the Department of Public Health, and the Department of Consumer Affairs, as may be required.
“We are excited to see the process moving forward for our Lemon Glow property, which represents an important strategic asset as we further verticalize our overall model,” noted Jimmy Chan, CEO of Sugarmade. “Our vision is ‘seed to door,’ which would separate us from other players in the California cannabis marketplace, given that we have already established a leading and growing presence in the cannabis delivery market and have set in motion a process to control our own supply chain. Ramping up our cultivation resources is a significant step in fully leveraging a vertical model to drive shareholder value through margin gains.”
About Sugarmade
Sugarmade, Inc. (OTCMKTS: SGMD) is a product and branding marketing company investing in operations and technologies with disruptive potential. Our Brand portfolio includes CarryOutsupplies.com, SugarRush™, NUG Avenue, Lemon Glow and Budcars.
For more information, please visit www.Sugarmade.com.
FORWARD-LOOKI
BIG MONEY HERE=Sugarmade’s Lemon Glow Subsidiary Signaled to Move Forward with Cultivation Permit Process at 640 Acre Property by County Regulators
Press Release | 11/05/2021
NEW YORK, Nov. 05, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Sugarmade, Inc. (OTCMKTS:SGMD) (“Sugarmade”, “SGMD” or the “Company”) an emerging leader in the vertically integrated California cannabis marketplace, is excited to announce that on Oct. 28, 2021, its wholly owned subsidiary, Lemon Glow Company (“Lemon Glow”), obtained a conditional Use Permit (UP) number from the Community Development Department of the County of Lake, California, which the Company believes is an important step towards the conditional Use Permit (UP) for commercial cannabis cultivation at its Property.
The Company had entered into an Agreement and Plan of Merger (“Agreement”), dated as of May 25, 2021, by and between Carnaby Spot Bay Corp, a California corporation (“Merger Sub”) and a wholly-owned subsidiary of the Company, Lemon Glow Company, a California corporation (“Lemon Glow”), and Ryan Santiago. The merger, which was closed on May 25, 2021, included all of Lemon Glow’s assets, interests, property, and rights.
If the necessary approvals and permits are obtained, up to 32 of the 640-acres at the Property would be designated for outdoor cannabis cultivation. Ryan Santiago, CEO of Lemon Glow, estimates that “the annual potential cultivation yield at the Property could possibly achieve 4,000 pounds of dry trimmed cannabis flower per acre annually, which represent approximately 128,000 pounds, or 64 tons, of dry trimmed cannabis flower annually in total."
While the Company believes that the issuance of the conditional Use Permit (UP) number by Lake County is an important step toward full approval to cultivate cannabis on the Property, the Company must still gain approval from other local and state regulatory authorities in California.
Furthermore, the issuance of the conditional use permit number by the County of Lake allows the Company to proceed with a state cannabis cultivation license application and applicable permits, such as those from the Department of Cannabis Control, the Department of Food and Agriculture, the Department of Pesticide Regulation, the Department of Fish and Wildlife, the State Water Resources Control Board, the Board of Forestry and Fire Protection, the Central Valley or North Coast Regional Water Quality Control Board, the Department of Public Health, and the Department of Consumer Affairs, as may be required.
“We are excited to see the process moving forward for our Lemon Glow property, which represents an important strategic asset as we further verticalize our overall model,” noted Jimmy Chan, CEO of Sugarmade. “Our vision is ‘seed to door,’ which would separate us from other players in the California cannabis marketplace, given that we have already established a leading and growing presence in the cannabis delivery market and have set in motion a process to control our own supply chain. Ramping up our cultivation resources is a significant step in fully leveraging a vertical model to drive shareholder value through margin gains.”
About Sugarmade
Sugarmade, Inc. (OTCMKTS: SGMD) is a product and branding marketing company investing in operations and technologies with disruptive potential. Our Brand portfolio includes CarryOutsupplies.com, SugarRush™, NUG Avenue, Lemon Glow and Budcars.
For more information, please visit www.Sugarmade.com.
FORWARD-LOOKI
ntrr up 16%=Neutra Concludes Record-Breaking Year, Aims for Greater Success in 2022
KATY, TX / ACCESSWIRE / December 6, 2021 / Neutra Corp. is ending 2021 on a celebratory note, announcing the past year was its most successful on record. The company logged several significant achievements over the previous 12 months and has ambitious new goals for the year ahead.
"We can look back on 2021 with a great deal of satisfaction," said Neutra CEO Sydney Jim. "I'm delighted to say we are finishing a year that has proven to be challenging with success. I want to thank our hard-working employees, our vendors and most importantly, our valued shareholders, whose patience and faith has enabled us to be in the enviable position we're in today. I really excited to see what's in store for us in 2022."
Reviewing 2021, Neutra's biggest achievement was its transformation from being a CBD company to a manufacturer of a full complement of hemp-based cannabinoids, including CBD, CBN, CBG, Delta-8 THC, Delta-9 THC, THC-O and HHC. Neutra's wide expansion of products means the company now has over 75 SKUs versus only 10 a year ago.
This growth in capabilities has enabled Neutra to quadruple revenues. Neutra earned ~$9,600 in 2020, a year ravaged by COVID and an economic shutdown. This year, with the economy reopening, Neutra surpassed its total 2020 revenues in just the first quarter, and is on pace to bring in more than ten times what it earned last year:
Q1 2021 - ~$11,500
Q2 2021 - ~$15,800
Q3 - ~$26,000
Q4 2021 - ~$20,000 current Q4
Another big contributor to the 2021 success was Neutra's acquisition of Deity Wellness and its renowned recreational hemp product brand.
ntrr-Neutra Concludes Record-Breaking Year, Aims for Greater Success in 2022
KATY, TX / ACCESSWIRE / December 6, 2021 / Neutra Corp. is ending 2021 on a celebratory note, announcing the past year was its most successful on record. The company logged several significant achievements over the previous 12 months and has ambitious new goals for the year ahead.
"We can look back on 2021 with a great deal of satisfaction," said Neutra CEO Sydney Jim. "I'm delighted to say we are finishing a year that has proven to be challenging with success. I want to thank our hard-working employees, our vendors and most importantly, our valued shareholders, whose patience and faith has enabled us to be in the enviable position we're in today. I really excited to see what's in store for us in 2022."
Reviewing 2021, Neutra's biggest achievement was its transformation from being a CBD company to a manufacturer of a full complement of hemp-based cannabinoids, including CBD, CBN, CBG, Delta-8 THC, Delta-9 THC, THC-O and HHC. Neutra's wide expansion of products means the company now has over 75 SKUs versus only 10 a year ago.
This growth in capabilities has enabled Neutra to quadruple revenues. Neutra earned ~$9,600 in 2020, a year ravaged by COVID and an economic shutdown. This year, with the economy reopening, Neutra surpassed its total 2020 revenues in just the first quarter, and is on pace to bring in more than ten times what it earned last year:
Q1 2021 - ~$11,500
Q2 2021 - ~$15,800
Q3 - ~$26,000
Q4 2021 - ~$20,000 current Q4
Another big contributor to the 2021 success was Neutra's acquisition of Deity Wellness and its renowned recreational hemp product brand.
NTRR=Neutra Concludes Record-Breaking Year, Aims for Greater Success in 2022
KATY, TX / ACCESSWIRE / December 6, 2021 / Neutra Corp. is ending 2021 on a celebratory note, announcing the past year was its most successful on record. The company logged several significant achievements over the previous 12 months and has ambitious new goals for the year ahead.
"We can look back on 2021 with a great deal of satisfaction," said Neutra CEO Sydney Jim. "I'm delighted to say we are finishing a year that has proven to be challenging with success. I want to thank our hard-working employees, our vendors and most importantly, our valued shareholders, whose patience and faith has enabled us to be in the enviable position we're in today. I really excited to see what's in store for us in 2022."
Reviewing 2021, Neutra's biggest achievement was its transformation from being a CBD company to a manufacturer of a full complement of hemp-based cannabinoids, including CBD, CBN, CBG, Delta-8 THC, Delta-9 THC, THC-O and HHC. Neutra's wide expansion of products means the company now has over 75 SKUs versus only 10 a year ago.
This growth in capabilities has enabled Neutra to quadruple revenues. Neutra earned ~$9,600 in 2020, a year ravaged by COVID and an economic shutdown. This year, with the economy reopening, Neutra surpassed its total 2020 revenues in just the first quarter, and is on pace to bring in more than ten times what it earned last year:
Q1 2021 - ~$11,500
Q2 2021 - ~$15,800
Q3 - ~$26,000
Q4 2021 - ~$20,000 current Q4
Another big contributor to the 2021 success was Neutra's acquisition of Deity Wellness and its renowned recreational hemp product brand.
Neutra Concludes Record-Breaking Year, Aims for Greater Success in 2022
KATY, TX / ACCESSWIRE / December 6, 2021 / Neutra Corp. is ending 2021 on a celebratory note, announcing the past year was its most successful on record. The company logged several significant achievements over the previous 12 months and has ambitious new goals for the year ahead.
"We can look back on 2021 with a great deal of satisfaction," said Neutra CEO Sydney Jim. "I'm delighted to say we are finishing a year that has proven to be challenging with success. I want to thank our hard-working employees, our vendors and most importantly, our valued shareholders, whose patience and faith has enabled us to be in the enviable position we're in today. I really excited to see what's in store for us in 2022."
Reviewing 2021, Neutra's biggest achievement was its transformation from being a CBD company to a manufacturer of a full complement of hemp-based cannabinoids, including CBD, CBN, CBG, Delta-8 THC, Delta-9 THC, THC-O and HHC. Neutra's wide expansion of products means the company now has over 75 SKUs versus only 10 a year ago.
This growth in capabilities has enabled Neutra to quadruple revenues. Neutra earned ~$9,600 in 2020, a year ravaged by COVID and an economic shutdown. This year, with the economy reopening, Neutra surpassed its total 2020 revenues in just the first quarter, and is on pace to bring in more than ten times what it earned last year:
Q1 2021 - ~$11,500
Q2 2021 - ~$15,800
Q3 - ~$26,000
Q4 2021 - ~$20,000 current Q4
Another big contributor to the 2021 success was Neutra's acquisition of Deity Wellness and its renowned recreational hemp product brand.
Neutra's national sales team has accomplished its share, as well. The team did a successful test at Wisconsin's Festival Foods flagship store. The entire sales team has grown brand awareness of VIVIS products across six states outside of Neutra's Texas home base (New York, Virginia, Washington, Wisconsin, Ohio and Florida).
The group still has several things in the pipeline it's working to close by year-end.
Neutra has engaged with Mercury Clinical Research to conduct future clinical trials and such initiatives are ongoing.
Finally, Neutra started an equipment rental and consulting business in Oklahoma and is currently working Big Dream Cannabis.
Neutra has several big sales and marketing plans for 2022. These include:
Implementation of an EDI system
Greater focus on sales growth
Developing a new ecommerce plan
Increased Social Media Presence
Development of a new marketing plan
About Neutra Corp.
Neutra Corp. (OTC PINK:NTRR) is an early-stage research and development company with a focus on bringing modern health
NTRR$$-Neutra Concludes Record-Breaking Year, Aims for Greater Success in 2022
KATY, TX / ACCESSWIRE / December 6, 2021 / Neutra Corp. is ending 2021 on a celebratory note, announcing the past year was its most successful on record. The company logged several significant achievements over the previous 12 months and has ambitious new goals for the year ahead.
"We can look back on 2021 with a great deal of satisfaction," said Neutra CEO Sydney Jim. "I'm delighted to say we are finishing a year that has proven to be challenging with success. I want to thank our hard-working employees, our vendors and most importantly, our valued shareholders, whose patience and faith has enabled us to be in the enviable position we're in today. I really excited to see what's in store for us in 2022."
Reviewing 2021, Neutra's biggest achievement was its transformation from being a CBD company to a manufacturer of a full complement of hemp-based cannabinoids, including CBD, CBN, CBG, Delta-8 THC, Delta-9 THC, THC-O and HHC. Neutra's wide expansion of products means the company now has over 75 SKUs versus only 10 a year ago.
This growth in capabilities has enabled Neutra to quadruple revenues. Neutra earned ~$9,600 in 2020, a year ravaged by COVID and an economic shutdown. This year, with the economy reopening, Neutra surpassed its total 2020 revenues in just the first quarter, and is on pace to bring in more than ten times what it earned last year:
Q1 2021 - ~$11,500
Q2 2021 - ~$15,800
Q3 - ~$26,000
Q4 2021 - ~$20,000 current Q4
Another big contributor to the 2021 success was Neutra's acquisition of Deity Wellness and its renowned recreational hemp product brand.
Neutra's national sales team has accomplished its share, as well. The team did a successful test at Wisconsin's Festival Foods flagship store. The entire sales team has grown brand awareness of VIVIS products across six states outside of Neutra's Texas home base (New York, Virginia, Washington, Wisconsin, Ohio and Florida).
The group still has several things in the pipeline it's working to close by year-end.
Neutra has engaged with Mercury Clinical Research to conduct future clinical trials and such initiatives are ongoing.
Finally, Neutra started an equipment rental and consulting business in Oklahoma and is currently working Big Dream Cannabis.
Neutra has several big sales and marketing plans for 2022. These include:
Implementation of an EDI system
Greater focus on sales growth
Developing a new ecommerce plan
Increased Social Media Presence
Development of a new marketing plan
About Neutra Corp.
Neutra Corp. (OTC PINK:NTRR) is an early-stage research and development company with a focus on bringing modern health
nt-10-Q,OUT TODAY-https://www.otcmarkets.com/stock/SGMD/disclosure
NEWS
Neutra's Deity Wellness Reports "Booming Interest" in Sales after Texas Judge Issues Injunction Making Delta-8 Legal
KATY, TX / ACCESSWIRE / November 10, 2021 / Now that a Texas judge's ruling in favor of Delta-8's legality has ended lingering uncertainty about the substance, Neutra Corp. (OTC PINK:NTRR) subsidiary Deity Wellness has resumed working towards securing and closing numerous sales opportunities that had been placed on hold. The company also states the now-resolved Delta-8 issue should have a positive impact on Neutra as the company saw revenues jump 66% between Q2 and Q3 2021.
"We're back in full force and seeing booming interest," said Neutra CEO Sydney Jim. "Delta-8 has the great potential for good. Now that Deity Wellness has resumed sales, our phones have been blowing up with people interested in what we have to offer and wanting to make deals."
Neutra, Deity Wellness, other manufacturers, retailers and consumers had believed the 2018 Federal Farm Bill and a 2019 Texas law legalizing hemp also made Delta-8 legal for sale and use in the Lone Star State. Texas state attorneys argued otherwise. Travis County District Judge Jan Soifer sided with the plaintiffs, Sky Marketing Corp., and issued an injunction forbidding the state from adding Delta-8 to its list of illegal controlled substances.
The judge's injunction allows Deity Wellness to pick up where it left off on orders for Delta-8 infused gummies, vape cartridges, etc. In June 2021, Neutra and Deity announced a successful pre-sale initiative that brought in 2,000 early orders. The initiative, which came mere days after Neutra acquired Deity Wellness, exceeded both companies' expectations and they are eager to re-enter the sales arena to start a new initiative now that the injunction is firmly in place.
About Neutra Corp.
Neutra Corp. (OTC PINK:NTRR) is an early-stage research and development company with a focus on bringing modern healthy living solutions to a multibillion-dollar market. Cutting-edge technologies within the nutraceuticals
NEWS
Neutra's Deity Wellness Reports "Booming Interest" in Sales after Texas Judge Issues Injunction Making Delta-8 Legal
KATY, TX / ACCESSWIRE / November 10, 2021 / Now that a Texas judge's ruling in favor of Delta-8's legality has ended lingering uncertainty about the substance, Neutra Corp. (OTC PINK:NTRR) subsidiary Deity Wellness has resumed working towards securing and closing numerous sales opportunities that had been placed on hold. The company also states the now-resolved Delta-8 issue should have a positive impact on Neutra as the company saw revenues jump 66% between Q2 and Q3 2021.
"We're back in full force and seeing booming interest," said Neutra CEO Sydney Jim. "Delta-8 has the great potential for good. Now that Deity Wellness has resumed sales, our phones have been blowing up with people interested in what we have to offer and wanting to make deals."
Neutra, Deity Wellness, other manufacturers, retailers and consumers had believed the 2018 Federal Farm Bill and a 2019 Texas law legalizing hemp also made Delta-8 legal for sale and use in the Lone Star State. Texas state attorneys argued otherwise. Travis County District Judge Jan Soifer sided with the plaintiffs, Sky Marketing Corp., and issued an injunction forbidding the state from adding Delta-8 to its list of illegal controlled substances.
The judge's injunction allows Deity Wellness to pick up where it left off on orders for Delta-8 infused gummies, vape cartridges, etc. In June 2021, Neutra and Deity announced a successful pre-sale initiative that brought in 2,000 early orders. The initiative, which came mere days after Neutra acquired Deity Wellness, exceeded both companies' expectations and they are eager to re-enter the sales arena to start a new initiative now that the injunction is firmly in place.
About Neutra Corp.
Neutra Corp. (OTC PINK:NTRR) is an early-stage research and development company with a focus on bringing modern healthy living solutions to a multibillion-dollar market. Cutting-edge technologies within the nutraceuticals
NEWS
Neutra's Deity Wellness Reports "Booming Interest" in Sales after Texas Judge Issues Injunction Making Delta-8 Legal
KATY, TX / ACCESSWIRE / November 10, 2021 / Now that a Texas judge's ruling in favor of Delta-8's legality has ended lingering uncertainty about the substance, Neutra Corp. (OTC PINK:NTRR) subsidiary Deity Wellness has resumed working towards securing and closing numerous sales opportunities that had been placed on hold. The company also states the now-resolved Delta-8 issue should have a positive impact on Neutra as the company saw revenues jump 66% between Q2 and Q3 2021.
"We're back in full force and seeing booming interest," said Neutra CEO Sydney Jim. "Delta-8 has the great potential for good. Now that Deity Wellness has resumed sales, our phones have been blowing up with people interested in what we have to offer and wanting to make deals."
Neutra, Deity Wellness, other manufacturers, retailers and consumers had believed the 2018 Federal Farm Bill and a 2019 Texas law legalizing hemp also made Delta-8 legal for sale and use in the Lone Star State. Texas state attorneys argued otherwise. Travis County District Judge Jan Soifer sided with the plaintiffs, Sky Marketing Corp., and issued an injunction forbidding the state from adding Delta-8 to its list of illegal controlled substances.
The judge's injunction allows Deity Wellness to pick up where it left off on orders for Delta-8 infused gummies, vape cartridges, etc. In June 2021, Neutra and Deity announced a successful pre-sale initiative that brought in 2,000 early orders. The initiative, which came mere days after Neutra acquired Deity Wellness, exceeded both companies' expectations and they are eager to re-enter the sales arena to start a new initiative now that the injunction is firmly in place.
About Neutra Corp.
Neutra Corp. (OTC PINK:NTRR) is an early-stage research and development company with a focus on bringing modern healthy living solutions to a multibillion-dollar market. Cutting-edge technologies within the nutraceuticals
NEWS=ntrr-$$$$$
Neutra's Deity Wellness Reports "Booming Interest" in Sales after Texas Judge Issues Injunction Making Delta-8 Legal
KATY, TX / ACCESSWIRE / November 10, 2021 / Now that a Texas judge's ruling in favor of Delta-8's legality has ended lingering uncertainty about the substance, Neutra Corp. (OTC PINK:NTRR) subsidiary Deity Wellness has resumed working towards securing and closing numerous sales opportunities that had been placed on hold. The company also states the now-resolved Delta-8 issue should have a positive impact on Neutra as the company saw revenues jump 66% between Q2 and Q3 2021.
"We're back in full force and seeing booming interest," said Neutra CEO Sydney Jim. "Delta-8 has the great potential for good. Now that Deity Wellness has resumed sales, our phones have been blowing up with people interested in what we have to offer and wanting to make deals."
Neutra, Deity Wellness, other manufacturers, retailers and consumers had believed the 2018 Federal Farm Bill and a 2019 Texas law legalizing hemp also made Delta-8 legal for sale and use in the Lone Star State. Texas state attorneys argued otherwise. Travis County District Judge Jan Soifer sided with the plaintiffs, Sky Marketing Corp., and issued an injunction forbidding the state from adding Delta-8 to its list of illegal controlled substances.
The judge's injunction allows Deity Wellness to pick up where it left off on orders for Delta-8 infused gummies, vape cartridges, etc. In June 2021, Neutra and Deity announced a successful pre-sale initiative that brought in 2,000 early orders. The initiative, which came mere days after Neutra acquired Deity Wellness, exceeded both companies' expectations and they are eager to re-enter the sales arena to start a new initiative now that the injunction is firmly in place.
About Neutra Corp.
Neutra Corp. (OTC PINK:NTRR) is an early-stage research and development company with a focus on bringing modern healthy living solutions to a multibillion-dollar market. Cutting-edge technologies within the nutraceuticals
ntrr=NEWS,$$$$
Neutra's Deity Wellness Reports "Booming Interest" in Sales after Texas Judge Issues Injunction Making Delta-8 Legal
KATY, TX / ACCESSWIRE / November 10, 2021 / Now that a Texas judge's ruling in favor of Delta-8's legality has ended lingering uncertainty about the substance, Neutra Corp. (OTC PINK:NTRR) subsidiary Deity Wellness has resumed working towards securing and closing numerous sales opportunities that had been placed on hold. The company also states the now-resolved Delta-8 issue should have a positive impact on Neutra as the company saw revenues jump 66% between Q2 and Q3 2021.
"We're back in full force and seeing booming interest," said Neutra CEO Sydney Jim. "Delta-8 has the great potential for good. Now that Deity Wellness has resumed sales, our phones have been blowing up with people interested in what we have to offer and wanting to make deals."
Neutra, Deity Wellness, other manufacturers, retailers and consumers had believed the 2018 Federal Farm Bill and a 2019 Texas law legalizing hemp also made Delta-8 legal for sale and use in the Lone Star State. Texas state attorneys argued otherwise. Travis County District Judge Jan Soifer sided with the plaintiffs, Sky Marketing Corp., and issued an injunction forbidding the state from adding Delta-8 to its list of illegal controlled substances.
The judge's injunction allows Deity Wellness to pick up where it left off on orders for Delta-8 infused gummies, vape cartridges, etc. In June 2021, Neutra and Deity announced a successful pre-sale initiative that brought in 2,000 early orders. The initiative, which came mere days after Neutra acquired Deity Wellness, exceeded both companies' expectations and they are eager to re-enter the sales arena to start a new initiative now that the injunction is firmly in place.
About Neutra Corp.
Neutra Corp. (OTC PINK:NTRR) is an early-stage research and development company with a focus on bringing modern healthy living solutions to a multibillion-dollar market. Cutting-edge technologies within the nutraceuticals