Sugarmade Inc (SGMD)

[Supersue]

As we recently announced, we are now expanding into the Greater Los Angeles regional marketplace, which represents perhaps the biggest and most lucrative cannabis delivery market in the world. We are initially set to open two new BudCars distribution hubs in this area. Given our research into this regional marketplace opportunity and our experience thus far with the BudCars business model in Sacramento, we anticipate an annualized revenue run-rate of $15-20 million at a minimum at each of the new LA locations.