Uncategorized Archives - Page 94 of 249

FridayJul 10, 2020 11:11 am

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 near its Sacramento Budcars Cannabis Delivery Service hub, this new facility has production potential for as much as 250 pounds of premium dried cannabis flower per month. Based on current local averages the facility has the potential of producing as much a $1.6 million in…

WednesdayJul 08, 2020 10:58 am

Pure Extract Technologies Inc. Set to Become Dominant Extraction Company in Growing Mushroom Space

Functional mushrooms seeing rise in popularity due to health benefits, alternative medicine options Predictions show global medicinal mushroom market growing annually by $13.88 billion Pure Extracts is ideally positioned to enter the space as experienced producer Used for centuries for their impressive medicinal properties and health benefits, functional mushrooms are enjoying a rise in popularity, due at least in part to increased research and study of the natural fungi as well as trends toward alternative natural health options. Pure Extract Technologies, a private, plant-based extraction company with a new vertical in functional mushrooms, is focused on becoming the dominant extraction…

TuesdayJul 07, 2020 2:29 pm

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 developing a diversified brand portfolio and revenue growth through strategic acquisitions. SGMD’s most recent acquisition, BudCars Cannabis Delivery Service has been a particularly strong move for the company as it strengthens its position in the growing hemp market. Declared essential in nearly all of the…

ThursdayJul 02, 2020 10:15 am

SinglePoint Inc. (SING) Set to Capitalize on Burgeoning Sustainable Hemp Industry

Hemp emerging as a versatile, sustainable alternative that is easily grown with minimal water, without pesticides SING leveraging growth in hemp industry through 1606 Hemp, Klen subsidiaries 1606 Hemp achieved 133% increase in quarterly sales growth with expected $5.5 million in annual sales revenue per 1,000 active accounts With hemp making headlines for its versatility and sustainability in the production of many biodegradable materials, SinglePoint (OTCQB: SING), a diversified holding company with operations in multiple industries and verticals, is leveraging this trend with multiple subsidiary businesses in this hypergrowth industry. Along with its 1606 Hemp combustible hemp cigarette brand and…

TuesdayJun 30, 2020 11:14 am

SinglePoint Inc. (SING) Initiatives in Hemp, Residential Solar Driving Record Sales Growth Despite Uncertain Economic Landscape

SING’s 1606 Hemp subsidiary achieved 133% increase in quarterly sales growth Product marketing and content strategy grew 1606 Hemp social media presence to 20,000 followers, boosting online sales SING achieved 300% increase in Q1 revenue and gross profit with majority coming from subsidiary Direct Solar Despite unusual events creating an uncertain economic landscape, 2020 is proving to be a successful year so far for SinglePoint (OTCQB: SING), a diversified holdings company with operations in several high-performance market sectors. With impressive results coming from both their 1606 Hemp and Direct Solar subsidiaries, SING continues to successfully propel its business model forward…

WednesdayJun 17, 2020 12:12 pm

Pure Extracts Corp. is “One to Watch”

Pure Extracts is the development leader in the Canadian cannabis extract segment, which is valued by Deloitte at $2.7 billion annually. The Company is positioned to be the dominant extraction company and a leader in the rapid development and commercialization of functional and medicinal psychedelic products. The psychedelic and functional mushroom industries are among the fastest growing in North America, with the global medicinal mushroom market expected to grow by $13.88 billion annually by 2024. Growing societal awareness and acceptance of mental illness as a legitimate disease have served as catalysts for a new search for innovative treatments and, as…

TuesdayJun 16, 2020 1:54 pm

Sugarmade Inc. (SGMD) Reports Record Growth, Anticipate Continued Robust Numbers

Company announced its BudCars Cannabis Delivery Service racked up 58% month over month sales growth SGMD CEO notes that “we believe our daily sales in the LA area could triple that figure relatively quickly” In addition to impressive sales figures, Sugarmade maintained extremely strong supplier relationships Sugarmade (OTCQB: SGMD), an early pioneer within California’s regulated cannabis industry, has seen record-breaking sales numbers with its latest cannabis venture: Budcars Cannabis Delivery Service. In a recent announcement, SGMD reported 58% month over month sales growth for the Sacramento-based subsidiary, which is slated to expand into the Los Angeles area this summer (http://cnw.fm/2DzuN).…

TuesdayJun 16, 2020 11:29 am

Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Q1 2020 Financials Reveal Company’s Overall Health, Showing Net Revenue, Gross Profit Increases

PLUS sees million-dollar increases in net revenues, gross profits; significant improvements in operating costs and cash balance. Q1 financial results paint picture of healthy company. Launch of PLUS CBDRelief brand marks company’s entrance into wellness, relief space of cannabis adult-use market. Plus Products (CSE: PLUS) (OTCQX: PLPRF), a U.S. cannabis-branded products company, announced its first-quarter financial results (http://cnw.fm/s19nX). The unaudited financial and operational results, reported for the three months ending March 31, 2020, noted an increase in net revenues and gross profits, with an improvement in operating costs and a multimillion-dollar cash balance. “The start of this year came with…

FridayJun 12, 2020 12:48 pm

SinglePoint Inc. (SING) Thriving While Many Struggle to Survive, Reporting Record Revenues, Impressive Profits

SinglePoint Inc. reported Q12020 financial results with revenue increase of 309% to $1,075,222 Solar subsidiary Direct Solar America was key driver for sales with company amassing record pipeline of solar bookings SinglePoint’s Hemp cigarette brand, 1606 Original Hemp, witnessed skyrocketing sales, with revenues rising 133% QoQ in Q1 2020 Along with strong operational results, the company is taking steps to strengthen balance sheet In this largely turbulent time for global markets, strategic thinking is necessary for survival. SinglePoint (OTCQB: SING), a publicly traded company dedicated to acquiring businesses focused on emerging technologies, recently published its quarterly financials for the period…

TuesdayJun 09, 2020 11:03 am

SinglePoint Inc. (SING) Surpasses $1 Million in Q1 Revenue, Reaping Significant Rewards from Pivoting Strategy During Economic Crisis

SING surpasses $1 million in Q1 revenue through new online strategy for subsidiary Direct Solar 1606 Hemp social media strategy grew followers from 100 to over 20,000 with direct increase in online sales 1606 Hemp physical distribution increased to over 400 stores within several months With a combination of perseverance and flexibility, management at SinglePoint (OTCQB: SING) led the company to increased growth surpassing $1 million in Q1 revenue as a result of its ability to strategically pivot in this challenging economic environment. As a diversified holdings company with operations in several high-performing market sectors, SING is well positioned to…

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