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Sugarmade Inc. (SGMD) Establishes Pattern of Growth, Expansion in California Cannabis Space

  • More than a dozen California cities are opening new recreational cannabis licensing opportunities this year, article reports
  • SGMD has established a pattern of growth through the years, investing in a number of subsidiaries with active operations in the California cannabis sector
  • Company also completed the acquisition of Lemon Glow and its assets, interests, property and rights

The cannabis space appears set for growth in California, according to an MJBizDaily report (https://cnw.fm/aDsO8). The potential growth bodes well for Sugarmade (OTC: SGMD), an emerging leader in the sector that is 

“More than a dozen California cities are opening new recreational cannabis licensing opportunities this year, either by embracing the legal marijuana industry for the first time or by increasing the number of available business permits,” the MJBizDaily article reported. “Several other cities, meanwhile, are laying…

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NOTE TO INVESTORS: The latest news and updates relating to SGMD are available in the company’s newsroom at http://cnw.fm/SGMD

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