Sugarmade (SGMD) Numbers In Line with Cannabis Industry Increasing Projections
Projections for U.S. retail sales of medical, recreational cannabis on pace to reach $15 billion by end of 2020 SGMD seeing consistent growth in numbers, supporting expert predictions CEO reports “increase in gross margins while demonstrating another breakout month-over-month performance on both the top and bottom line” Even with the global COVID-19 pandemic causing a speed bump, projections for the retail sales of medical and recreational cannabis in the United states are on pace to reach $15 billion by the end of 2020 (https://ibn.fm/tqh6O). Those numbers, which are an increase of approximately 40% over 2019 sales figures, may not surprise Sugarmade…