Sugarmade, Inc. (SGMD) Signs $40 Million Definitive Agreement to Acquire Sky Unlimited

November 8, 2018
  • Sugarmade invests in products and brands with considerable revenue potential
  • The company is moving ahead into the industrial hemp space
  • Sugarmade recently announced the signing of a binding Definitive Agreement to acquire Sky Unlimited, LLC

Sugarmade, Inc. (OTCQB: SGMD) is a product and brand marketing company based in Monrovia, California. It invests in products and brands with disruptive potential and focuses on growth via brand expansion and acquisition. The company has diverse business operations in varied marketplaces. These include packaging and paper goods for different industries, as well as agricultural supplies. The company’s brands include ZenHydro.com, CarryOutSupplies.com, BudLife, Cannabis Storage Solutions and Cali Grown Supplies.

Sugarmade is also a supplier of generic and custom printed products to the QSR (Quick Service Restaurant) sub-sector of the restaurant industry. However, its new primary focus is advancing into the industrial hemp space. The company’s main concentration is now on the…

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