Doog's Dugout

[BCNstocks]

$SGMD ~ Sugarmade closed the BZRTH Acquisition, Creating Dominant Entity in $24B Global Hydroponics Market making Sugarmade now one of the largest publicly traded hydroponics companies in the world >>

“Sugarmade Closes BZRTH Acquisition, Creating Dominant Entity in $24B Global Hydroponics Market” https://t.co/CzE1TTYvQe #SGMD #hydroponics #CBD pic.twitter.com/ZhXG2J1NNs

— Sugarmade Inc (OTC:SGMD) (@Sugarmade1) October 31, 2019

https://finance.yahoo.com/news/sugarmade-closes-bzrth-acquisition-creating-123005913.html

According to recent research from Mordor Intelligence, the Global Hydroponics Market was valued at $24 billion in 2018 and is expected to register strong growth over coming years. Maximize Market Research also forecasts a coming boom in this market space, driving total annual sales from $26.6 billion in 2017 to $37.7 billion by 2026.

About Sugarmade, Inc.

Sugarmade, Inc. (SGMD) is a product and branding marketing company investing in operations and technologies with disruptive potential. The Company is becoming a leading supplier to the growing hemp industry and is benefitting from the growth of the hydroponic marketplace. The Company is in the process of acquiring several leading hydroponic and agricultural supply companies that are currently producing in excess of $70 million in annual revenues. Sugarmade is also an investor in fast growing Hempistry, Inc., a Kentucky-based cultivator of industrial hemp, and operates Carryoutsupplies.com a leader provider to the quick service restaurant industry.

#MJ #Hemp #CBD #Cannabis #hydroponics