Sugarmade Inc (SGMD)

[manslap]

"Next year we plan to produce in excess of $45 million in revenues, which will make Sugarmade one of the premier public companies in the cannabis market sector, but this does not include any revenues from the Sriracha Seasoning Stix, Seasoning Stix or BudLife product lines where there could be significant upside. With revenue multiples for comparable public companies easily exceeding 4X or 5X next year's revenues, we believe it's easy for most to see the value we plan to create. Thus, we believe this deal will be highly accretive and beneficial to current Sugarmade shareholders, our employees and our trading and manufacturing partners and Sylvestor," continued Mr. Chan.