Sugarmade Inc (SGMD)

[mrw21j]

Looking at the 2 year chart, there is a pattern of either P&D, mild YOY growth, or company that cannot execute.
The peak SP in early 2017 trickled down, then climbed around the end of that year. The second phase of that pattern looks similar, from the early 2018 spike trickling down to current price. It is not yet as low as last year, and the next phase of this pattern may yield growth in a similar fashion. It is generally higher than 1, 2, or 3 years ago. There is no reason to believe this won't continue.

The current execution and performance is not inconsistent with previous performance.

To that end, expect a shift from hydroponics to the next shiny new toy in about 1-2 years.