Sugarmade Inc. (SGMD) Reports Record Growth, Anticipate Continued Robust Numbers

June 16, 2020 12:58:11
  • Company announced its BudCars Cannabis Delivery Service racked up 58% month over month sales growth
  • SGMD CEO notes that “we believe our daily sales in the LA area could triple that figure relatively quickly”
  • In addition to impressive sales figures, Sugarmade maintained extremely strong supplier relationships

Sugarmade (OTCQB: SGMD), an early pioneer within California’s regulated cannabis industry, has seen record-breaking sales numbers with its latest cannabis venture: Budcars Cannabis Delivery Service. In a recent announcement, SGMD reported 58% month over month sales growth for the Sacramento-based subsidiary, which is slated to expand into the Los Angeles area this summer (

“We did about $6,000 per day in sales in March and over $9,500 per day in April, representing a very robust growth trend at our Sacramento hub,” said Sugarmade CEO…

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

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