NetworkNewsBreaks – Sugarmade Inc. (SGMD) Strengthens Market Position via Planned Acquisition as Cultivation Supplies Shortages Rise

March 29, 2019 14:02:38

Sugarmade (OTCQB: SGMD) recently announced a planned acquisition of Sky Unlimited LLC, a major supplier to large commercial agricultural cultivation operations. An article discussing the company reads, “The acquisition is anticipated to generate new revenue streams from wholesale and commercial clients in both the traditional hydroponic markets and industrial hemp. . . . In a news release, Jimmy Chan, CEO of Sugarmade, noted that Sky Unlimited recently received new shipments of many critical grow supplies for the booming hemp cultivation sector; nonetheless, farmers are advised to order as soon as possible. Many items are experiencing long lead times, and backorders are growing. It’s possible that many cultivators will not be able to meet their planting goals due to lack of materials to support cultivation.”

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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 BizRight LLC, Athena United, and For more information, visit the company’s website at

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