- Global hydroponics industry expected to enjoy 6.5 percent CAGR through 2025 amid competitive growth
- Sugarmade building hydroponics holdings with proposed acquisitions, foray into U.S. hemp market
- Company’s reach extending to European markets with recent targeting of global leader in hydroponic consumption
The growing popularity of cannabis both as a medicinal plant extract and a relaxing recreational drug during recent years has created a bellwether effect for a number of industries that see potential in catering to the companies that in turn cater to cannabidiol (CBD) and marijuana clients. Among them, hydroponics suppliers are seeing tremendous year-over-year growth lately, and Sugarmade, Inc. (OTC: SGMD) hopes to build on its product and brand marketing experience to take advantage of the trend.
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…
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