Tuesday, February 25, 2020

QualityStocksNewsBreaks – Sugarmade, Inc. (SGMD) and Budcars Significantly Increase Cannabis Delivery Reach in Northern California


Sugarmade (OTCQB: SGMD), together with cannabis delivery service Budcars, this morning announced a substantial expansion of cannabis delivery services within the Sacramento metropolitan area. The expansion will include adding the communities of Granite Bay, Folsom, Arden Arcade, Carmichael, Citrus Heights, Orangevale, and Roseville/Rocklin this week. “The investment in Budcars and this geographic expansion are just the start of Sugarmade’s moves into California’s regulated cannabis marketplace. With the significant turmoil in California’s cannabis marketplace occurring over the past year and the resulting industry shakeout, we are seeing a host of very attractive investment opportunities. We feel Sugarmade’s capital structure is conducive to addressing these pending opportunities and we are in the process of performing due diligence on several. We are particularly interested in the many cultivation and retail non-storefront opportunities that now exist. We hope to soon make several other investments in these areas,” Sugarmade CEO Jimmy Chan stated in the news release.

To view the full press release, visit http://ibn.fm/0Gx7t

About Sugarmade, Inc.

Sugarmade, Inc. (OTCQB: SGMD) is a product and branding marketing company investing in operations and technologies with disruptive potential. The company’s portfolio includes CarryOutsupplies.comSugarRush(TM) and Budcars.com. 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

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.

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