Sugarmade, Inc. (OTCQB: SGMD), announces the completion of an agreement allowing the Company to introduce a new and revolutionary set of intelligent and active packaging systems for cannabis transport and storage. These products will allow cultivators and retailers to preserve THC levels, protect trichomes and save terpenes, while helping to mitigate pathogen levels, all of which are critical to the marketing and enjoyment of high-quality cannabis flowers.
This stock is diversified but it also has an enormous component which could be a game changer in the MJ, legal or recreational industry.
Many people felt that the Spicer press conference gave an idea of how the Feds would come after MJ and thus people got spooked and sparked a massive sell off. Good for the longs on this board bc they were able to buy more at .12 and .13 other than .17 or .18
Because they are developing mj packaging and grower products Trump's announcement hurt the share price yesterday causing nervous investor's to jump ship which held the share price down which was great for me I tripled my position. If not for Trump's announcement IMO this stock would have broke well past .20 yesterday.