NetworkNewsBreaks – Sugarmade, Inc. (SGMD) Enters European Hydroponics Market

October 8, 2018 14:07:45

Sugarmade (OTCQB: SGMD) has set its sights on the budding hydroponics market in Europe. An article discussing the company reads, “Sugarmade, Inc. (OTC: SGMD) is targeting the European hydroponics market, supplying multiple products for cultivators via its first order through the Amazon UK program. Its agreement calls for it to offer several dozen stock keeping units (SKUs) to be sold in the United Kingdom. A cannabis-related supply company, SGMD projects that its 2019 volume will reach $30 million at operating profitability ( … In a news release, Jimmy Chan, CEO of SGMD, said, “While we have previously informed our investors of our $30 million revenue goal for next year, revenues continue to grow across the board.” He cited the opportunities presented by the lack of available quality products at attractive prices within the European market.”

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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, and BudLife Cannabis Storage Solutions. For more information on the company’s products, please visit

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