Hydroponic supply company Sugarmade (OTC: SGMD) earlier this
month reported that it will be investing an estimated $1 million in capital in
Hempistry, Inc. A recent article further discussing the company’s investment
reads: “One of the primary reasons that the Hempistry project is such an
attractive entry point for Sugarmade is the hemp grown by the company, which
contains high levels of CBD while containing low levels (less than 0.3 percent)
of THC. Both are natural compounds found in cannabis, but they create vastly
different effects when consumed. CBD is a non-psychoactive compound that
doesn’t produce the problematic ‘high’ associated with THC. …The
Sugarmade/Hempistry deal doesn’t end there. Sugarmade CEO Jimmy Chan will
become an advisor to and shareholder in Hempistry, and Sugarmade has announced
plans to sign an agreement with Hempistry for hemp cultivation supplies, as
well.”
To view the full article, visit http://ibn.fm/1rL5z
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, CarryOutSupplies.com, and BudLife Cannabis Storage
Solutions. For more information on the company’s products, please visit www.Sugarmade.com.
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www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
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