FridayJul 31, 2020 11:09 am

Pure Extract Technologies Inc. Exec Team Offers Decades of Impressive Experience; Represents Power, Intellect Behind Organization

The private, plant-based extraction company boasts roster of leaders worth noting CEO served decade-plus in corporate leadership roles across the natural products, agriculture, cannabis sectors Team of qualified experts plus cutting-edge extraction technology means Pure Extracts is set for long-term strategic distribution, product innovation If leaders are, as a Forbes article notes, “the power and intellect behind their organizations,” Pure Extract Technologies (“Pure Extracts”) is clearly a presence to be reckoned with. Led by an impressive team of individuals with decades of experience in their areas of expertise, the private, plant-based extraction company has a roster of leaders worth noting.…

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MondayJul 20, 2020 11:39 am

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 $6 million Sugarmade (OTCQB: SGMD), a product and branding marketing company investing in operations and technologies with disruptive potential, released June numbers for its burgeoning BudCars Cannabis Delivery Service. Of note in the report were sales that topped more than $500,000 and impressive growth for…

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MondayJul 20, 2020 4:20 am

420 with CNW – Illinois Earns Double the Cannabis Taxes Predicted for First Six Months

The first half of 2020 has been brutal. After being discovered in Wuhan, China in late 2019, the coronavirus quickly spread to Europe and the U.S., and by late March, billions of people across the world were under lockdown. All but the most essential businesses were ordered to shut down, and within a month, the U.S. was approaching Great Depression era levels of unemployment. The travel and service industries were especially hit, and they have shouldered most of the job losses. One industry that seems to be weathering the health and economic crisis fairly well is cannabis. Deemed essential by…

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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…

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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…

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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…

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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…

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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…

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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…

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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).…

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