Sugarmade Inc (SGMD)

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Offer Revenue Guidance on March 30th for Rapid Cannabis Sector Growth – Begins to Recognize Revenues From Multiple New Revenue Streams

City of Industry, CA -- March 20, 2018 -- 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.