Monday, August 31, 2020

QualityStocksNewsBreaks – Sugarmade Inc.’s (SGMD) BudCars Driving Steady Growth

 Sugarmade (OTCQB: SGMD), a leading, multidivisional/multiproduct/multisector supply company, has announced and continues to expect robust growth and record metrics for its BudCars Cannabis Delivery Service. BudCars is a retail business that offers same-day delivery of a variety of products including edibles, flower, pre-rolls, vapes, tinctures and concentrate across dozens of premium brands. A recent article discussing this reads, “BudCars has reported constant improvement in almost every major metric — from increasing new customers and increasing orders per customer to strong repeat business — since Sugarmade invested in the company earlier this year. This steady growth provides a high degree of confidence in the company’s forecast of continued 30% sequential monthly topline growth and the likelihood that SGMD will close out Q3 2020 with an extremely strong performance heading into year-end.”

To view the full article, visit http://ibn.fm/4ozC4

About Sugarmade Inc.

Sugarmade is a product and branding marketing company investing in operations and technologies with disruptive potential. More information on Sugarmade can be accessed at: www.Sugarmade.com. Sugarmade sees opportunities in business operations that combine the best areas of on-demand consumer distribution with certain areas of synergistic manufacturing and packaging to create a business model that capitalizes on the many changes in the cannabis industry. The company has made agreements with several market participants, which will be announced in 2020. The company views these opportunities as scalable and capable of producing strong revenue growth.

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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