Sugarmade Inc (SGMD)

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Jimmy Chan, 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