Sugarmade Inc. (SGMD) Releases Shareholder Update Spotlighting Company Milestones

  • Nug Avenue has picked up more than 10,000 new unique members as of the end of June, significantly exceeding initial projections
  • Sugarmade has opened an escrow account for the purpose of acquiring property in California to be used for delivery hub
  • SGMD has taken steps toward making an offer on licenses for the state of Oregon

A growing cannabis delivery service, new commercial licenses and expansion into Oregon were highlights of a recent update provided by Sugarmade (OTC: SGMD). The emerging leader in the vertically integrated California cannabis marketplace released an update for current and prospective shareholders containing details of these key milestones in the company’s strategic plan (https://cnw.fm/Yyl1Q).

“Sugarmade. . . is pleased to update current and prospective shareholders on the Company’s growing Nug Avenue operations, as well as further strides toward verticalizing its model through the acquisition of…

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NOTE TO INVESTORS: The latest news and updates relating to SGMD are available in the company’s newsroom at http://cnw.fm/SGMD

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