HempNewsBreaks – Sugarmade Inc. (SGMD) Eyeing Verticalization to Form Solid Line from Farm to Delivery

Sugarmade (OTCQB: SGMD), a leading, multidivisional/multiproduct/multisector supply company, has continued to report record growth across “every single metric” for its BudCars Cannabis Delivery Service. While the company continues with breakout growth, it also is focused on vertical integration, in a pending move designed to expand its model from seed to sale. A recent article discussing this reads, “In addition, SGMD is looking to grow BudCars through verticalization. Pending approval from the California Bureau of Cannabis Control, the expansion into cultivation would connect the dots and form a solid product and supply line from farm to delivery that would further cut costs and increase the profit margins (http://cnw.fm/aNWaD).”

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About Sugarmade Inc.

Sugarmade is a product and branding marketing company investing in operations and technologies with disruptive potential. More information on Sugarmade can be accessed at: www.Sugarmade.com. Sugarmade sees opportunities in business operations that combine the best areas of on-demand consumer distribution with certain areas of synergistic manufacturing and packaging to create a business model that capitalizes on the many changes in the cannabis industry. The company has made agreements with several market participants, which will be announced in 2020. The company views these opportunities as scalable and capable of producing strong revenue growth.

NOTE TO INVESTORS: The latest news and updates relating to SGMD are available in the company’s newsroom at http://cnw.fm/SUGAR

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