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Sugarmade (SGMD) Secures Cultivation Facility, Continues Impressive Upward Trajectory

Secures a 5,000-square-foot facility with potential for 250 pounds output per month Seeing month-over-month growth with BudCars across all metrics Submitted application to expand BudCars into cannabis cultivation Sugarmade (OTCQB: SGMD), a product and branding marketing company investing in operations and technologies with disruptive potential, recently secured a 5,000-square-foot indoor premium cannabis cultivation facility. Located … Continue reading “Sugarmade (SGMD) Secures Cultivation Facility, Continues Impressive Upward Trajectory”

QualityStocksNewsBreaks – Sugarmade, Inc.’s (SGMD) BudCars on Pace to Hit Annualized Revenues at or Above $11M

Sugarmade (OTCQB: SGMD), together with its BudCars Cannabis Delivery Service (“BudCars”), today provided an update on revenue expectations for July and calendar Q3 BudCars performance. According to the update, management now forecasts continued month-over-month sequential sales growth of 30% in July and August, positioning the Company for July sales of at least $650K, and a … Continue reading “QualityStocksNewsBreaks – Sugarmade, Inc.’s (SGMD) BudCars on Pace to Hit Annualized Revenues at or Above $11M”

Sugarmade Inc. (SGMD) Capitalizing on Steep Increase in Cannabis Space, Strengthening Diverse Portfolio

SGMD offers diversified portfolio across various industries, including cannabis and industrial hemp Cannabis sales have increased during pandemic; social distancing hampers in-store sales, so delivery seeing increased volumes SGMD capitalizing on growing relevance of cannabis delivery with its BudCars delivery service Sugarmade (OTCQB: SGMD), a leading, multidivisional/multiproduct supply company crossing various industries, is focused on … Continue reading “Sugarmade Inc. (SGMD) Capitalizing on Steep Increase in Cannabis Space, Strengthening Diverse Portfolio”

QualityStocksNewsBreaks – Sugarmade, Inc.’s (SGMD) BudCars Achieves Another Breakout Month With Record Growth in Every Metric

Sugarmade (OTCQB: SGMD), together with its BudCars Cannabis Delivery Service (“BudCars”), today provided current and prospective shareholders with BudCars performance data for the month of June. According to the update, BudCars achieved total sales of $502,903 in June, representing 36% sequential monthly top-line growth, with total sales and profits now growing by more than 30% … Continue reading “QualityStocksNewsBreaks – Sugarmade, Inc.’s (SGMD) BudCars Achieves Another Breakout Month With Record Growth in Every Metric”

QualityStocksNewsBreaks – Sugarmade, Inc. (SGMD) CEO Discusses Expansion and the Road Ahead in Shareholder Letter

Sugarmade (OTCQB: SGMD) today released a shareholder letter on behalf of its CEO, which discussed tremendous growth of its BudCars business, preparations to open a BudCars hub in Los Angeles, as well as what the company believes is a much larger opportunity ahead. “We have completed considerable analysis, the results of which point to strong … Continue reading “QualityStocksNewsBreaks – Sugarmade, Inc. (SGMD) CEO Discusses Expansion and the Road Ahead in Shareholder Letter”

QualityStocksNewsBreaks – Sugarmade, Inc. (SGMD) Announces Plans to Expand into Cannabis Cultivation in Verticalization of BudCars Model

Sugarmade (OTCQB: SGMD), together with its BudCars Cannabis Delivery Service (“BudCars”), today announced that the Company is submitting an application to the California Bureau of Cannabis Control to expand into cannabis cultivation as part of a strategic plan to partially verticalize its BudCars model, a process that management strongly believes will further increase the Company’s … Continue reading “QualityStocksNewsBreaks – Sugarmade, Inc. (SGMD) Announces Plans to Expand into Cannabis Cultivation in Verticalization of BudCars Model”

Sugarmade Inc. (SGMD) Reports Record Growth, Anticipate Continued Robust Numbers

Company announced its BudCars Cannabis Delivery Service racked up 58% month over month sales growth SGMD CEO notes that “we believe our daily sales in the LA area could triple that figure relatively quickly” In addition to impressive sales figures, Sugarmade maintained extremely strong supplier relationships Sugarmade (OTCQB: SGMD), an early pioneer within California’s regulated … Continue reading “Sugarmade Inc. (SGMD) Reports Record Growth, Anticipate Continued Robust Numbers”

QualityStocksNewsBreaks – Sugarmade, Inc. (SGMD) Announces Record BudCars Sales Growth as It Gears Up to Open First LA Hub

Sugarmade (OTCQB: SGMD), together with its BudCars Cannabis Delivery Service (“BudCars”), today announced record growth in gross profits and gross profit margins for BudCars sales during the month of May (up 46% on a sequential month-over-month basis). Per the update, the Company continues to experience strong signals during the first half of June, with gross … Continue reading “QualityStocksNewsBreaks – Sugarmade, Inc. (SGMD) Announces Record BudCars Sales Growth as It Gears Up to Open First LA Hub”

QualityStocksNewsBreaks – Sugarmade, Inc.’s (SGMD) BudCars Achieves Record May Sales, Continues to See 10% Week-Over-Week Growth

Sugarmade (OTCQB: SGMD), together with its BudCars Cannabis Delivery Service (“BudCars”), today announced record growth data for BudCars sales during the month of May. According to the update, the company posted nearly 30% sequential monthly growth over April sales and continues to see week-over-week sales growth at 10%, which suggests that BudCars will surpass $10 … Continue reading “QualityStocksNewsBreaks – Sugarmade, Inc.’s (SGMD) BudCars Achieves Record May Sales, Continues to See 10% Week-Over-Week Growth”

QualityStocksNewsBreaks – Sugarmade Inc. (SGMD) Featured in Global Small Cap Research Report

Sugarmade (OTCQB: SGMD) was recently the subject of a report conducted by Global Small Cap Research (http://ibn.fm/1Mca5). An article discussing the report reads, “Outlining what it called a ‘near-perfect business world’ for cannabis delivery operators, the report made a strong case by observing that ‘Sugamade is enjoying participation in a rapidly growing market. . . … Continue reading “QualityStocksNewsBreaks – Sugarmade Inc. (SGMD) Featured in Global Small Cap Research Report”

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