News & Videos - SUGARMADE INC. SGMD - English

NEW YORK, Feb. 15, 2023 (GLOBE NEWSWIRE) -- via InvestorWire -- Sugarmade, Inc. (OTC Pink: SGMD) (“Sugarmade,” “SGMD” or the “Company”), a product and branding marketing company investing in operations and technologies with disruptive potential, is pleased to issue the following letter to shareholders from Chief Executive Officer Jimmy Chan. Dear Valued Shareholder, Pivoting toward new opportunities is an essential element of good stewardship, and Sugarmade continues to welcome...

NEW YORK, Aug. 22, 2022 (GLOBE NEWSWIRE) -- via InvestorWire – Sugarmade, Inc. (OTC Pink: SGMD) ("Sugarmade" or the "Company"), an emerging leader in the licensed cannabis sector, is pleased to announce that its wholly owned subsidiary, SugarRush, has entered into a Management Services Agreement (the “MSA”) with Canndis, Inc. (“Canndis”), a California Cannabis Micro License holder based in Desert Hot Springs, California, providing for an expansion in the Company’s manufacturing and...

NEW YORK, June 30, 2022 (GLOBE NEWSWIRE) -- via InvestorWire – Sugarmade, Inc. (OTC Pink: SGMD) ("Sugarmade", "SGMD" or the "Company") an emerging leader in the licensed cannabis sector, is excited to announce the signing of a Letter of Intent (the “LOI”) toward the acquisition of 40% of the business and associated property known as RMI Ventures (d/b/a Jerusalem Grade Farm) located in Lake County, California (“RMI Ventures” or “RMI”). According to the LOI, the Parties agree to be...

NEW YORK, May 04, 2022 (GLOBE NEWSWIRE) -- via InvestorWire – Sugarmade, Inc. (OTC Pink: SGMD) ("Sugarmade", "SGMD" or the "Company"), an emerging leader in the licensed cannabis sector, today announces its first transaction relative to its collaborative cannabis cultivation strategy via a definitive and executed contract with Cannabis Global, Inc. (OTC Pink: CBGL). Under the terms of the agreement, Sugarmade, via partner licensed and permitted Lake County, California, cannabis cultivators,...

NEW YORK, May 02, 2022 (GLOBE NEWSWIRE) -- via InvestorWire – Sugarmade, Inc. (OTC Pink: SGMD) ("Sugarmade", "SGMD" or the "Company") an emerging leader in the licensed cannabis sector, is pleased to issue the following letter to shareholders from Chief Executive Officer Jimmy Chan. Dear Sugarmade Shareholders: The California cannabis market continues to evolve, creating opportunities for Sugarmade and its shareholders. While there is undoubtedly short-term turbulence in the market, we believe...

NEW YORK, March 30, 2022 (GLOBE NEWSWIRE) -- via InvestorWire – Sugarmade, Inc. (OTC Pink: SGMD) ("Sugarmade", "SGMD" or the "Company") an emerging leader in the licensed cannabis sector, is pleased to announce the signing of Definitive Agreements (the “Agreements”) related to the Company’s expansion, including the establishment of majority ownership in a fully licensed new Hollywood cannabis delivery hub (the “Delivery Hub”) located on the world famous Sunset Strip as well as a...

MONROVIA, CA, March 16, 2022 (GLOBE NEWSWIRE) -- via InvestorWire -- Sugarmade, Inc. (OTC Pink: SGMD) ("Sugarmade" or the "Company"), an emerging company in the licensed cannabis sector, is excited to announce that the Company is exploring a possible joint venture with a well-established business to create access to the Los Angeles reservation-only omakase sushi restaurant marketplace. The joint venture may include an on-site cannabis event area and cannabis delivery services hub. Management...

NEW YORK, Jan. 24, 2022 (GLOBE NEWSWIRE) -- via InvestorWire – Sugarmade, Inc. (OTC Pink: SGMD) ("Sugarmade", "SGMD" or the "Company") an emerging leader in the licensed cannabis sector, is pleased to announce the signing of a binding Letter of Intent (the “LOI”) with GenCann, Inc. (“GenCann”), the exclusive licensor for a set of cannabis chemovars particularly rich in the cannabinoid Tetrahydrocannabivarin (THC-V) (the “GenCann Chemovars”). Under the terms outlined in the LOI,...

NEW YORK, NY, Dec. 08, 2021 (GLOBE NEWSWIRE) -- Sugarmade, Inc. (OTC Pink: SGMD) ("Sugarmade", "SGMD" or the "Company") an emerging leader in the vertically integrated California cannabis marketplace, is pleased to provide this update to its shareholders as the Company moves toward new growth initiatives while continuing to expand organically within the framework of its primary operating vision. Nug Avenue Performance. The Company currently operates one Nug Avenue hub located in the Los Angeles...

NEW YORK, Dec. 08, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Sugarmade, Inc. (OTCMKTS: SGMD) (“Sugarmade”, “SGMD” or the “Company”) an emerging leader in the vertically integrated California cannabis marketplace, is pleased to provide this update to its shareholders as the Company moves toward new growth initiatives while continuing to expand organically within the framework of its primary operating vision. Nug Avenue Performance. The Company currently operates one Nug Avenue hub...

NEW YORK, Nov. 05, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Sugarmade, Inc. (OTCMKTS:SGMD) (“Sugarmade”, “SGMD” or the “Company”) an emerging leader in the vertically integrated California cannabis marketplace, is excited to announce that on Oct. 28, 2021, its wholly owned subsidiary, Lemon Glow Company (“Lemon Glow”), obtained a conditional Use Permit (UP) number from the Community Development Department of the County of Lake, California, which the Company believes is an...

NEW YORK, Nov. 05, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Sugarmade, Inc. (OTCMKTS:SGMD) (“Sugarmade”, “SGMD” or the “Company”) an emerging leader in the vertically integrated California cannabis marketplace, is excited to announce that on Oct. 28, 2021, its wholly owned subsidiary, Lemon Glow Company (“Lemon Glow”), obtained a conditional Use Permit (UP) number from the Community Development Department of the County of Lake, California, which the Company believes is an...

NEW YORK, Aug. 31, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- Sugarmade, Inc. (OTCMKTS:SGMD) (“Sugarmade,” “SGMD,” or the “Company”), an emerging leader in the vertically integrated cannabis marketplace based in California, is excited to announce the signing of a Definitive Agreement to obtain three non-storefront California Cannabis licenses from the Los Angeles Department of Cannabis Regulation (the “DCR”), along with corresponding licenses from the California Bureau of...

NEW YORK, Aug. 17, 2021 (GLOBE NEWSWIRE) -- via InvestorWire - Sugarmade, Inc. (OTCMKTS: SGMD) (“Sugarmade”, “SGMD”, or the “Company”), an emerging leader in the vertically integrated cannabis marketplace based in California, is excited to announce the closing of the Company’s acquisition of a property in Los Angeles that will serve as a new distribution/delivery hub for its Nug Avenue cannabis delivery segment. This follows the Company’s recent announcement that it has signed a...

NEW YORK, Aug. 12, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- Sugarmade, Inc. (OTCMKTS:SGMD) (“Sugarmade,” “SGMD,” or the “Company”), an emerging leader in the vertically integrated cannabis marketplace based in California, is pleased to provide current and prospective shareholders with an update on its recent acquisition, Lemon Glow Company, Inc. (“Lemon Glow”), which included all of Lemon Glow’s assets, interests, property, and rights, including six-hundred-forty (640)...

NEW YORK, July 22, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- Sugarmade, Inc. (OTCMKTS:SGMD) (“Sugarmade,” “SGMD” or the “Company”), an emerging leader in the vertically integrated cannabis marketplace based in California, is pleased to update current and prospective shareholders on the Company’s growing Nug Avenue operations, as well as further strides toward verticalizing its model through the acquisition of California cannabis licenses and potentially establishing commercial...

NEW YORK, June 10, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Sugarmade, Inc. (OTCMKTS:SGMD) (“Sugarmade”, “SGMD”, or the “Company”) today announces the signing of a Memorandum of Understanding (the “MOU”) to obtain three non-storefront California Cannabis licenses from the Los Angeles Department of Cannabis Regulation (the “DCR”), along with corresponding licenses from the California Bureau of Cannabis Control (the “BCC”), which collectively provide the licensing...

NEW YORK, May 17, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Sugarmade, Inc. (OTCMKTS: SGMD) (“Sugarmade”, “SGMD”, or the “Company”) is pleased to announce the signing of a Definitive Agreement (the “Agreement”) for its acquisition of Lemon Glow Company, Inc. (“Lemon Glow”) and all of its assets, interests, property, and rights, including 640 acres of real estate (the “Property”) located in Lake County, California, outside of the Commercial Cannabis Cultivation...

NEW YORK, April 01, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- Sugarmade, Inc. (OTCMKTS:SGMD) (“Sugarmade,” “SGMD” or the “Company”) is excited to announce the signing of a Binding Letter of Intent (the “LOI”) for the acquisition of Lemon Glow Company, Inc., a California corporation (“Lemon Glow”), including all of Lemon Glow’s assets, interests, property, and rights, which includes six-hundred-forty (640) acres of real estate (the “Property”) located in Lake County,...

NEW YORK, March 25, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Sugarmade, Inc. (OTCMKTS: SGMD) (“Sugarmade”, “SGMD”, or the “Company”) is pleased to issue the following update on operations, including information about the recent opening of its new Nug Avenue cannabis delivery operation, located in the large and rapidly growing Los Angeles metro cannabis marketplace. “We are moving forward with our core strategic plan, as announced and discussed during 2020, which consists of...