Sugarmade (OTCQB: SGMD) today announced a new and bold
shift in its business strategy toward the virtualization of the cannabis sector
as part of the major shift in the U.S. business model toward an on-demand
economy. According to the update, Sugarmade will make several strategic moves
over the coming weeks as it launches on-demand and related business operations
via internally developed initiatives and new relationships with proven sector
business operators. “Things are changing in society and in the economy as virtualization
proliferates. Many of the most dynamic and innovative growth companies are part
of this on-demand revolution and it is our goal to ensure Sugarmade is an
important component of these trends. We see the acceleration of on-demand
services within the cannabis sector and we believe it is the most lucrative
area for us to pursue,” Sugarmade CEO Jimmy Chan said in the news release. “We
have radically changed our business model via internally developed initiatives
and through upcoming relationships with established sector participants. Our
investors should stay tuned for our new business model to develop over the
coming weeks.”
To view the full press release, visit http://ibn.fm/804TP
About Sugarmade, Inc.
Sugarmade, Inc. (OTCQB: SGMD) is a product and branding
marketing company investing in operations and technologies 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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