Sugarmade Inc. (SGMD) Ideally Positioned in Billion-Dollar Space ‘Ripe for Cannabis Delivery’

Sep 20, 2021

  • States that have already legalized cannabis are seeing a spike in business thanks to the overwhelming convenience of cannabis delivery
  • Article reports that delivery services can “help surge revenue for retailers that jump in to take advantage”
  • Earlier this year, SGMD launched a new business initiative for the licensed delivery of cannabis products

According to a recent article, states that have already legalized cannabis, such as California, are seeing a spike in business thanks to the overwhelming convenience of cannabis delivery (https://cnw.fm/SrPtT). This is great news for Sugarmade (OTC: SGMD), an innovator in the dynamic California cannabis scene with majority control and ownership of cannabis delivery service Nug Avenue, based in Southern California and providing hand-selected top-shelf products from Stiiizy, Kanha, PlugPlay, Cookies and more.

“Just in January of 2019, California legalized statewide cannabis delivery,” noted the article, titled “The Hottest Revenue Stream in Cannabis” and released by High There, the largest cannabis social network. “This removed the previous regulations that prevented the legal access to…

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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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