Hydroponics supply company Sugarmade (OTCQB: SGMD) is in a great position for growth through its various endeavors in the diverse cannabis industry, which is forecasted to reach $47 billion within the next 10 years. An article further discussing the company reads, “The company is one of the largest publicly traded hydroponics supply companies, with brands that include Zen Hydro, Carry Out Supplies, BudLife Cannabis Storage Solutions and Cali Grown Supplies. With a finger in so many pies, Sugarmade is poised for growth as the cannabis industry continues its exponential expansion. Spending on legal cannabis is projected to quadruple to over $47 billion over the next decade from its present level of about $11 billion (http://nnw.fm/E874e). … Headquartered in Monrovia, Los Angeles County, California, Sugarmade has been operating in several areas. The company is a supplier of generic and custom printed products to the quick service restaurant sub-sector of the restaurant industry, but its main focus is on the supply of hydroponic and other cultivation systems, with particular emphasis on the cannabis industry. Sugarmade aims to become a major force in the cannabis cultivation market as a supplier; however, the company will not be directly involved in the cultivation, processing, distribution or marketing of cannabis.”
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About Sugarmade, Inc.
Sugarmade, Inc. is a product and brand marketing company investing in products and brands with disruptive potential. Sugarmade’s brands include ZenHydro.com, CarryOutSupplies.com, and BudLife Cannabis Storage Solutions. For more information on the company’s products, please visit www.Sugarmade.com.
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