Sugarmade (OTCQB: SGMD) aims to provide
next-generation equipment and techniques to companies that process and extract
from industrial hemp for the highly anticipated peak crop in 2019. An article
discussing the company reads, “SGMD’s new initiative includes making available
to its customers new technology such as water-based sonification extraction,
microwaves and other techniques. These machines could reduce the cost of
extraction and help cultivators increase output without significant increases
in cost. SGMD is not in the hemp cultivation business itself, but it has a
business model centered on supporting cultivators. . . . The combination of
rising demand and the passage of the 2018 Farm Bill, which provides legal
relief for hemp cultivators, is driving what is expected to be a record 2019
crop of industrial hemp. SGMD’s initiative is expected to increase the
company’s revenue base as it introduces new-generation machinery and
proprietary technologies for hemp extraction (http://ibn.fm/FKcnM). Some of the new offerings, which are
more efficient and reduce the cost to cultivators seeking to meet the high
demand, come from Southern China.”
To view the full article, visit http://ibn.fm/2DLYj
About Sugarmade Inc.
Sugarmade is a product and brand marketing company investing
in products and brands with disruptive potential. 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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