Replies to post #16567 on Sugarmade Inc (SGMD)

[frontloading]

Dec26 PR excerpts...1) "The U.S. industrial hemp market is estimated to reach over $1 billion in 2018 revenues. Recently, Sugarmade has expanded its reach in the hydroponics industry and has strategic intentions to stay abreast of this burgeoning market, which will be made all the more lucrative with the passing of the 2018 legislation. The company is poised to meet this market upswell, as it has recently started planting an ultra-high cannabidiol (CBD) industrial hemp strain in Kentucky , which is known as “one of the best places to cultivate hemp in the world.”

*Again, SGMD hasn't planted anything in KY and certainly misleading, possiblg fraudulent fof PR team to continually stretch the truth..

2) "It (SGMD) has launched its own industrial hemp initiative, evidenced in part by its investment in Hempistry, a company specializing in hemp production.

*Investment in Hempistry? In yesterday's financials there is an itemized notation for "Investing Activities" indicating that there has been zero dollars invested in 2018 vs $139k for 2017..

Simply asking for Jimmy to step up and confirm BizRight and Hempistry jives with the promo team news..,

https://www.networknewswire.com/sugarmade-inc-sgmd-stays-abreast-of-the-growing-hemp-market-which-could-see-exponential-growth-with-passage-of-farm-bill-2018/

[akc232]

Have we thought of the fact BizRight also has cash ect.? I know its speculative but since revs from BizRight cant be shown we really dont know how much cash onhand SGMD has from them.