Hydroponic supply company Sugarmade (OTC: SGMD) is strengthening its portfolio through various proposed acquisitions as the hydroponic supply sector is forecasted to experience steady growth over the next few years. An article discussing the company reads, “Sugarmade is a Southern California company invested in the development of products and brands with disruptive potential. Recently, the company expanded into Europe’s hydroponics supply market and saw its revenue growth patterns expand geographically from California-centric last year to an increasing number of U.S. states where legalization has eased restriction and on into the United Kingdom. … On August 28, Sugarmade announced that it had filed a disclosure statement with the Securities and Exchange Commission about its formal acquisition negotiations with two companies that provide online and retail hydroponic and other agricultural cultivation supplies, which Sugarmade believes may enhance its portfolio.”
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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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