A major supplier to the growing hydroponic cultivation
sector, Sugarmade (OTCQB: SGMD) is planning a significant
expansion of its hemp-cultivation product supplies to assist hemp farmers in
Kentucky who are struggling to meet the rising demand for their crop. A recent
article discussing the legislation reads, “Jimmy Chan, CEO of SGMD, noted in a
news release his belief that hundreds of millions of hemp clones will be needed
in that state to keep pace (http://ibn.fm/RtJ85).
. . . According to Chan, the hemp industry will require plant clones for
cultivation to meet future demand. He cited farmers in Kentucky facing the
challenge of a hemp boom, stating, ‘With at least 42,000 acres of hemp expected
to be planted in Kentucky and considering an average plant density per acre of
well over 1,000, farmers in Kentucky will need hundreds of millions of clones
over the coming years.’”
To view the full article, visit http://ibn.fm/oEF1y
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, AthenaUnited.com, CarryOutSupplies.com and
BudLife Cannabis Storage Solutions. For more information, visit the company’s website
at www.Sugarmade.com.
NOTE TO INVESTORS: The latest news and updates
relating to SGMD are available in the company’s newsroom at http://ibn.fm/SUGAR
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