Sugarmade Inc (SGMD)

[john44]

Sugarmade, Inc. (OTCQB: SGMD) is a product and branding marketing company investing in operations and technologies with disruptive potential. More information on Sugarmade can be accessed at: www.sugarmade.com. Sugarmade sees opportunities in business operations that combine the best areas of on-demand consumer distribution with certain areas of synergistic manufacturing and packaging to create a business model that capitalizes on the many changes in the cannabis industry. The Company has made the commitment to purchase 40% of Budcars during Quarter ending March 31, 2020 and has the options to purchase controlling stake in the company. BudCars is quickly becoming a powerful presence in the California cannabis delivery marketplace. Our primary hub in Sacramento has experienced extremely rapid growth in terms of total orders, sales, daily volume, staff, and fleet. And this growth has been dynamic, robust, and sustained over the past two months. We believe this trend will continue to define our 2020 operational outcome distribution, granting us strong conviction in our aggressive revenue targets, as outlined in Sugarmade's recent corporate communications.