CBDNewsBreaks – Sugarmade Inc. (SGMD) Has ‘Only Scratched the Surface of What Is Possible’ for BudCars

Company: Sugarmade Inc. (SGMD)
Category: Stock Spotlights

Sugarmade (OTCQB: SGMD), a leading, multidivisional/multiproduct/multisector supply company, has continued to set multiple performance records and achieve disruptive growth through its BudCars Cannabis Delivery Service. A recent article discussing this outlines the company’s strategic initiatives and quotes Sugarmade CEO Jimmy Chan, who stated, “We are pursuing three primary avenues to drive growth: organic execution, geographic expansion, and verticalization of our supply chain. In each case, we continue to make progress. However, at this point, we have only scratched the surface of what is possible over the intermediate term for BudCars given that all of the growth we have booked so far has been exclusively about organic execution as we claim an increasing share of the market and drive enthusiastic repeat business from newly acquired customers.”

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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://cnw.fm/SUGAR

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