Sugarmade (OTCQB: SGMD) this morning commented on recent
provisions of the U.S. Farm Bill regarding specific hemp cultivation and
legalization. The company believes the passage of the bill could create extra
revenue and investment opportunities, as the industrial hemp, CBD oils and
other hemp products markets are expected to skyrocket upon implementation of
the provisions. “Our vast experience in the supply of cultivation, harvesting
and processing products places Sugarmade in a strong position to increase its
revenue and profit outlooks as dozens of new operations prepare to come
online,” Sugarmade CEO Jimmy Chan stated in the news release. “Many of our
current products apply directly to the industrial hemp market, which is now
opening up. Additionally, we will be marketing other products directly to this
emerging market, particularly relating to post-harvest processing. We see this
an important market in which we plan to be involved.”
To view the full press release, visit http://ibn.fm/JuKYg
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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