Sugarmade (OTCQB: SGMD), a major supplier to the growing hydroponic cultivation sector, recently announced that it intends to utilize its access to advanced Chinese extraction technologies to enter the hemp CBD extraction equipment and technologies market (http://cnw.fm/6Cn40). An article discussing the company reads, “In addition to supplying ‘legacy extraction equipment to extraction companies,’ Sugarmade plans to begin distribution of ‘next generation extraction technologies developed in the Chinese province of Yunnan where the hemp industry has existed for more than a thousand years,’ CEO Jimmy Chan stated in a news release. . . . The proprietary Chinese technologies hold the promise of increasing the efficiency of production processes used in hemp cultivation and extraction – the primary source of CBD – at a time when hemp cultivation is enjoying a resurgent popularity in the United States in tandem with federal legalization under last year’s Farm Bill (http://cnw.fm/9BPkq).”
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About Sugarmade Inc.
Sugarmade Inc. is a product and brand marketing company investing in products and brands with disruptive potential. For more information, visit the company’s website at www.Sugarmade.com.
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