Sugarmade, Inc. (SGMD) Turns Sights toward Supplying Burgeoning Cannabis Industries
Global hydroponics industry expected to enjoy 6.5 percent CAGR through 2025 amid competitive growth Sugarmade building hydroponics holdings with proposed acquisitions, foray into U.S. hemp market Company’s reach extending to European markets with recent targeting of global leader in hydroponic consumption The growing popularity of cannabis both as a medicinal plant extract and a relaxing recreational drug during recent years has created a bellwether effect for a number of industries that see potential in catering to the companies that in turn cater to cannabidiol (CBD) and marijuana clients. Among them, hydroponics suppliers are seeing tremendous year-over-year growth lately, and Sugarmade,…