Sugarmade Inc. (SGMD) Issues Letter to Shareholders on Upcoming Expansion Steps
SGMD shareholder letter outlines building blocks of strategic vision Chan talks about two themes: geographic expansion for BudCars and Sugarmade’s move to cultivation operations BudCars is expanding into North San Francisco Bay area and wine country counties, then Los Angeles In a letter to shareholders thanking them for their support, Sugarmade (OTCQB: SGMD) CEO Jimmy Chan outlined the “building blocks of a coherent and cohesive strategic vision” and noted that the company is putting in motion “key next steps to manifest that vision and drive strong and sustained shareholder value as a key emerging leader in the California cannabis marketplace”…