Friday, November 16, 2018

QualityStocksNewsBreaks – Sugarmade, Inc. (SGMD) Solidifies Market Position with Hempistry Investment


Hydroponics supply company Sugarmade (OTCQB: SGMD) has made a commitment to invest $1 million in Hempistry Inc., advancing its goal of producing ultra-high CBD-content hemp grown in Kentucky. A recent article discussing the company reads, “The investment in Hempistry is a strategic one for SGMD, as the U.S. industrial hemp market is forecast to grow to $1 billion in revenues in 2018. The expected compound annual growth rate (CAGR) for industrial hemp through 2022 in the U.S. alone is expected to be 14 percent. … Hempistry Inc. is a Nevada-based privately-held corporation focusing on the growth of ultra-high CBD industrial hemp. This hemp strain contains not more than 0.3 percent THC, the ingredient found in marijuana that is responsible for its recreational function.”

To view the full article, visit http://ibn.fm/ZxnnT

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.comCarryOutSupplies.com, and BudLife Cannabis Storage Solutions. For more information on the company’s products, please visit www.Sugarmade.com.

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php


No comments: