Hydroponic supply company Sugarmade (OTC: SGMD) is a product
and brand marketing company investing in products and brands with disruptive
potential. A recent article further discussing the company reads: “Sugarmade
recently launched a new corporate initiative in the booming industrial hemp and
CBD, committing up to $1 million in capital over the next 12 months to invest
in Hempistry, Inc., a privately held Nevada corporation. Hempistry has begun
planting an ultra-high cannabidiol (CBD) industrial hemp strain on a land
option it holds on 23,000 acres of prime Kentucky farmland. The strain of
industrial hemp being grown by Hempistry is ultra-rich in CBD but contains less
than 0.3 percent of THC, the psychoactive ingredient found in cannabis. The
U.S. hemp industry is expected to produce well over $1 billion in revenues in
2018, with a compound annual growth rate of 14 percent through 2022, according
to the Hemp Business Journal.”
To view the full article, visit http://ibn.fm/Chadx
About Sugarmade, Inc.
Sugarmade, Inc. is a product and brand marketing company
investing in products and brands with disruptive potential. Sugarmade’s brands
include ZenHydro.com, CarryOutSupplies.com, and BudLife Cannabis Storage
Solutions. For more information on the company’s products, please visit www.Sugarmade.com.
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www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
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