QualityStocksNewsBreaks – Sugarmade, Inc. (SGMD) Eyeing Opportunity Amid California’s Expected Mass ‘Green Lighting’ of Annual Cannabis Cultivation Applications
Hydroponics supply company Sugarmade (OTCQB: SGMD) today provided comments on its expected revenue growth in hydroponic related supplies amidst the rapidly-changing California cannabis cultivation licensing environment. Sugarmade expects accelerated revenue growth as a result of the state’s projected mass "Green Lighting" of annual cultivation permits that it projects will spur purchase of cultivation supplies by large grow operations. "Our customers, especially those in Santa Barbara, Monterey and Humbolt counties, the three most prolific cultivation areas in California, are indicting to us they too are expecting the permitting process to break free shortly and they are thus informing us of their…