Sugarmade (OTCQB: SGMD) is a Monrovia, California-based company that invests in products and brands with disruptive potential, driving growth through brand expansion and acquisition. A recent article discussing the company reads, “Sugarmade has now announced the signing of a binding definitive agreement to acquire Sky Unlimited, LLC (http://cnw.fm/F8wtH). The company states that it expects this acquisition to be highly accretive to common shareholder value. It has increased its calendar 2019 revenue guidance from $30 million to $70 million. With this definitive agreement, Sugarmade will assume all operations, brand assets, customers and liabilities of Sky Unlimited. In addition, it will retain all employees.”
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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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