Sugarmade Inc. (SGMD) Capitalizes on Growth Opportunities in Regulated Cannabis Market
California’s cannabis-industry designation as essential service leads to sharp increase in industry sales SGMD enjoyed strong start to year; delivery business’ volume grows by more than 300% Company seeking to leverage growth opportunities in delivery services As businesses shuttered and residents sheltered in place, confined to their homes as a result of the COVID-19 worldwide pandemic, the State of California designated the cannabis industry as an “essential” service, allowing those in the cannabis space to continue operating. Sugarmade Inc. (OTCQB: SGMD), an early pioneer within California’s regulated cannabis industry, has been quick to respond to the opportunity. The designation as…
