Sugarmade, Inc. (SGMD) Establishing Strong Position in Billion-Dollar Hemp Industry
Sugarmade announces $1 million investment in hemp company growing ultra-high CBD industrial hemp Sugarmade CEO becomes Hempistry advisor, shareholder ‘Lucrative’ supply agreement offers tremendous opportunity in fast-growing sector One of the largest publicly traded hydroponics supply companies, Sugarmade, Inc. (OTC: SGMD) is joining the ranks of savvy businesses that have chosen to enter the burgeoning hemp market. Last year, the U.S. hemp industry topped out at an impressive $820 million in revenue, and that total is expected to reach more than $1 billion by the end of 2018, with a 14 percent compound annual growth rate forecast through 2022. Sugarmade…