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CannabisNewsBreaks – Sugarmade Inc.’s (SGMD) Cannabis Delivery Service Reports Highest Performance to Date

Sugarmade (OTCQB: SGMD), a leading, multidivisional/multiproduct/multisector supply company, has released its July financial report, including record performance numbers for BudCars, the company’s newest acquisition. The cannabis delivery service organization reported more than $660,000 in total gross sales, which represented a 32% sequential monthly top-line growth. The report also included other performance highlights. “Last month featured … Continue reading “CannabisNewsBreaks – Sugarmade Inc.’s (SGMD) Cannabis Delivery Service Reports Highest Performance to Date”

CannabisNewsBreaks – Sugarmade Inc. (SGMD) Revises ‘Expectations to the Upside’ with Dramatic BudCars Growth

Sugarmade (OTCQB: SGMD), a leading, multidivisional/multiproduct/multisector supply company, has seen dramatic growth and is working on further geographic expansion since its February acquisition of BudCars, a cannabis retail business that offers same-day delivery of top-shelf product. BudCars’ service currently reaches the communities of Granite Bay, Folsom, Arden Arcade, Carmichael, Citrus Heights, Orangevale and Roseville/Rocklin (http://cnw.fm/q1OQD), and … Continue reading “CannabisNewsBreaks – Sugarmade Inc. (SGMD) Revises ‘Expectations to the Upside’ with Dramatic BudCars Growth”

CannabisNewsBreaks – Sugarmade, Inc. (SGMD) Announces New Form 8K Highlighting Further Details on Performance and Outlook

Sugarmade (OTCQB: SGMD), today announced the publication of a new Form 8K Current Report filing (the “8K”) with the United States Securities and Exchange Commission (the “SEC”) highlighting specific information about multiple issues pertinent to its performance and outlook. According to the update, the 8K covers information about Sugarmade’s reported purchase orders for non-medical personal … Continue reading “CannabisNewsBreaks – Sugarmade, Inc. (SGMD) Announces New Form 8K Highlighting Further Details on Performance and Outlook”

CannabisNewsBreaks – Sugarmade, Inc. (SGMD) Announces Publication of New 8K Highlighting Specific BudCars Investment Information

Sugarmade (OTCQB: SGMD), today announces the publication of a new Form 8K Current Report filing (the “8K”) with the United States Securities and Exchange Commission (the “SEC”). According to the update, the 8K highlights specific information about the Company’s investment position in Indigo Dye Group, Inc., which conducts business as a cannabis delivery service under … Continue reading “CannabisNewsBreaks – Sugarmade, Inc. (SGMD) Announces Publication of New 8K Highlighting Specific BudCars Investment Information”

CannabisNewsBreaks – Sugarmade Inc.’s (SGMD) BudCars Driving Success with Same-Day Cannabis Delivery

Sugarmade (OTCQB: SGMD), a leading, multidivisional/multiproduct/multisector supply company, is building a diverse brand portfolio through strategic, accreditive acquisitions. The company’s most recent acquisition, BudCars Cannabis Delivery Service, is one such move that is driving success. A recent article discussing this reads, “Quick to seize market opportunities as they arise, SGMD acquired BudCars, a premier cannabis-delivery … Continue reading “CannabisNewsBreaks – Sugarmade Inc.’s (SGMD) BudCars Driving Success with Same-Day Cannabis Delivery”

Sugarmade, Inc. (SGMD) Releases Numbers, Calls June ‘Breakout’ Month for BudCars Growth for ‘Every Single Metric’

SGMD’s BudCars sales topped more than $500,000; company grew for third consecutive month ‘We did more business with more people and booked a significant jump in gross profits while holding our 47% gross margin level as volume increased,’ CEO reports Company expects to close out first half of 2020 with a linear pace already at … Continue reading “Sugarmade, Inc. (SGMD) Releases Numbers, Calls June ‘Breakout’ Month for BudCars Growth for ‘Every Single Metric’”

CannabisNewsBreaks – Sugarmade, Inc.’s (SGMD) BudCars on Pace to Set Multiple New Performance Records

Sugarmade (OTCQB: SGMD), together with its BudCars Cannabis Delivery Service (“BudCars”), today issued a mid-month performance update for July, which is now on pace to set multiple new Company performance records for sales, gross profits and total customer orders. The Company is on pace to meet or exceed its target of $650,000 in total July … Continue reading “CannabisNewsBreaks – Sugarmade, Inc.’s (SGMD) BudCars on Pace to Set Multiple New Performance Records”

Sugarmade (SGMD) Secures Cultivation Facility, Continues Impressive Upward Trajectory

Secures a 5,000-square-foot facility with potential for 250 pounds output per month Seeing month-over-month growth with BudCars across all metrics Submitted application to expand BudCars into cannabis cultivation Sugarmade (OTCQB: SGMD), a product and branding marketing company investing in operations and technologies with disruptive potential, recently secured a 5,000-square-foot indoor premium cannabis cultivation facility. Located … Continue reading “Sugarmade (SGMD) Secures Cultivation Facility, Continues Impressive Upward Trajectory”

CannabisNewsBreaks – Sugarmade, Inc.’s (SGMD) BudCars on Pace to Hit Annualized Revenues at or Above $11M

Sugarmade (OTCQB: SGMD), together with its BudCars Cannabis Delivery Service (“BudCars”), today provided an update on revenue expectations for July and calendar Q3 BudCars performance. According to the update, management now forecasts continued month-over-month sequential sales growth of 30% in July and August, positioning the Company for July sales of at least $650K, and a … Continue reading “CannabisNewsBreaks – Sugarmade, Inc.’s (SGMD) BudCars on Pace to Hit Annualized Revenues at or Above $11M”

Sugarmade Inc. (SGMD) Capitalizing on Steep Increase in Cannabis Space, Strengthening Diverse Portfolio

SGMD offers diversified portfolio across various industries, including cannabis and industrial hemp Cannabis sales have increased during pandemic; social distancing hampers in-store sales, so delivery seeing increased volumes SGMD capitalizing on growing relevance of cannabis delivery with its BudCars delivery service Sugarmade (OTCQB: SGMD), a leading, multidivisional/multiproduct supply company crossing various industries, is focused on … Continue reading “Sugarmade Inc. (SGMD) Capitalizing on Steep Increase in Cannabis Space, Strengthening Diverse Portfolio”

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