- Sugarmade
continues to expand its operations into diverse marketplaces
- The
company created an AI-based monitoring system to optimize agricultural
yields
- Sugarmade
is leveraging its hydroponic expertise regarding current market trends to
further diversify revenue streams
Sugarmade Inc. (OTCQB: SGMD), one of the industry’s largest
publicly traded hydroponic supply companies, continues to expand operations
into diverse marketplaces. What began as a small but innovative quick-service
restaurant supply firm has grown into a multiproduct company. Sugarmade has
seen success because it continues to invest in products, brands and industries
with disruptive potential. This allows the company to expand across market
sectors and seize opportunities, thereby providing more value to customers and
investors.
CarryOutSupplies.com is a division of Sugarmade that has
made its mark as a leading national, high-quality, cost-efficient restaurant
and packaging products supplier. The company already holds 25 percent of the
quick-service restaurant goods market and has plans for further expansion.
In addition to restaurant supply, Sugarmade continues to
seek out ways to strengthen its reputation and bring added benefits to
customers in the agricultural industry. Utilizing a narrowband Internet of
Things (NB-IoT) technology, the company has created an artificial intelligence
(AI)-based hemp cultivation and agricultural monitoring system. This AI
platform enables real-time tracking of field conditions that include soil
moisture, temperature, humidity and more. It also provides intelligent
recommendations to mitigate existing issues and thereby optimize yield (http://ibn.fm/ZsEfW).
The hydroponics market is growing, in large part due to the
U.S. industrial hemp market and the rapidly expanding California hydroponics
supply market. Sugarmade is leveraging its expertise and knowledge of indoor
and outdoor gardening goods and equipment to build on these growing trends.
Orders for SGMD products have increased through Amazon UK and throughout the
United States due to the expanded legalization of hemp.
Through the possible acquisitions of Sky Unlimited
Inc. (http://ibn.fm/JFM6E),
ZenHydro.com and AthenaUnited.com, Sugarmade offers a variety of popular
hydroponic brands to agricultural cultivation sectors. This has increased and
diversified revenue streams for the company as it continues to remain a leader
in the provision of supplies and equipment that maximize yield and optimize
growing conditions. Hydroponics is an exciting market sector with the promise
of strong diversified growth.
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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www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
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