SGMD - Sugarmade, Inc.

Other OTC - Other OTC Delayed Price. Currency in USD
0.0940
-0.0049 (-4.95%)
At close: 3:54PM EST
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Previous Close0.0989
Open0.1065
Bid0.000 x 0
Ask0.000 x 0
Day's Range0.0920 - 0.1065
52 Week Range0.0600 - 0.4300
Volume638,096
Avg. Volume2,108,912
Market Cap28.19M
Beta (3Y Monthly)1.10
PE Ratio (TTM)N/A
EPS (TTM)-0.030
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • Newsfile9 days ago

    CannabisNewsAudio Announces Audio Press Release (APR) on Sugarmade, Inc.'s Investment Strategy Driven by Rising Hemp Revenues

    New York, New York--(Newsfile Corp. - December 7, 2018) - CannabisNewsAudio announces the Audio Press Release (APR) titled "Hemp Industry Sees Profitable Harvest as Farm Bill Approaches Finale," featuring Sugarmade, Inc. (OTCQB: SGMD)To hear the CannabisNewsAudio version, visit: http://cnw.fm/S2jfkTo read the full editorial, visit: http://cnw.fm/f5fdNOne of the reasons behind Sugarmade's investment in Hempistry is the dramatic rise in revenues from hemp crops. A few years ago, no one could have predicted the popularity ...

  • GlobeNewswire9 days ago

    CannabisNewsAudio Announces Audio Press Release (APR) on Sugarmade, Inc. Benefiting from Positive Attitude Toward Hemp

    NEW YORK, Dec. 07, 2018 (GLOBE NEWSWIRE) -- via CannabisNewsWire – CannabisNewsAudio announces the Audio Press Release (APR) titled “Hemp Industry Sees Profitable Harvest as Farm Bill Approaches Finale,” featuring Sugarmade, Inc. (SGMD). Sugarmade is among the companies benefiting from Kentucky’s positive attitude towards hemp. Harvest of this year’s crop has recently started, following a test harvest of samples by the Kentucky Department of Agriculture (KDA), and the company is inviting interested parties to place bids on the crop.

  • GlobeNewswire10 days ago

    CannabisNewsWire Announces Innovators Set to Cultivate Opportunity with Pending U.S. Legislation Making Way for Hemp

    NEW YORK, Dec. 06, 2018 (GLOBE NEWSWIRE) -- via CannabisNewsWire – CannabisNewsWire ("CNW"), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring Sugarmade, Inc. (SGMD), a client of CNW investing in products and brands with disruptive potential. For companies invested in hemp, such as Sugarmade, Inc. (SGMD), one piece of legislation has dominated the political landscape over the past year — the 2018 Farm Bill. The plant is increasingly popular in food and body care products and has been singled out as one of the top trends for next year by Whole Foods Market.

  • PR Newswire10 days ago

    Sugarmade Eyes Rapid Growth as California Expected to Begin Mass 'Green Lighting' of Annual Cannabis Cultivation Applications

    Sugarmade, Inc. (SGMD) today makes comments on its expected revenue growth in hydroponic related supplies considering the rapidly changing California cannabis cultivation licensing situation. As a result of the expected mass "Green Lighting" of annual cultivation permits, Sugarmade is expecting accelerating revenue growth as large cultivation operations begin purchasing cultivation supplies after receiving annual permits. The situation relative to annual licenses required for legal cannabis cultivation in California remains fluid, but is expected to change rapidly over the coming weeks.

  • Newsfile17 days ago

    CannabisNewsAudio Announces Audio Press Release (APR) on Sugarmade, Inc. Continually Looking to Strengthen Foothold, Industry Presence

    New York, New York--(Newsfile Corp. - November 29, 2018) - CannabisNewsAudio announces the Audio Press Release (APR) titled "Cannabis Boom Fuels Mergers and Acquisitions in Hydroponics and Beyond," featuring Sugarmade, Inc. (OTCQB: SGMD)To hear the CannabisNewsAudio version, visit: http://cnw.fm/aeM3RTo read the full editorial, visit: http://cnw.fm/5Kj62One prominent item on the agenda was the move by bigger players into the cannabis market. Beverage and tobacco companies are eyeing cannabis as an alternative revenue stream, with ...

  • GlobeNewswire17 days ago

    CannabisNewsAudio Announces Audio Press Release (APR) on Sugarmade, Inc. Increasing Brand Emphasis, Diversifying Revenue Streams in Booming Cannabis Sector

    NEW YORK, Nov. 29, 2018 -- via CannabisNewsWire – CannabisNewsAudio announces the Audio Press Release (APR) titled “Cannabis Boom Fuels Mergers and Acquisitions in Hydroponics.

  • GlobeNewswire18 days ago

    CannabisNewsWire Announces Innovative Companies Expanding Amidst Rapidly-Growing Cannabis Sector

    NEW YORK, Nov. 28, 2018 (GLOBE NEWSWIRE) -- via CannabisNewsWire – CannabisNewsWire ("CNW"), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring Sugarmade, Inc. (SGMD), a client of CNW investing in products and brands with disruptive potential.

  • GlobeNewswirelast month

    CannabisNewsAudio Announces Audio Press Release (APR) on Sugarmade, Inc. Pursuing Deal Expected to be Highly Accretive for Shareholders

    NEW YORK, Nov. 16, 2018 (GLOBE NEWSWIRE) -- via CannabisNewsWire – CannabisNewsAudio announces the Audio Press Release (APR) titled “Hydroponics Increasingly Key as Booming Cannabis Sector Goes to Next Level,” featuring Sugarmade, Inc. (SGMD). Sugarmade will retain all employees and completely assume all operations and liabilities via the acquisition. The company anticipates that the Sky Unlimited deal will be highly accretive for shareholders and has further increased the previous 500 percent annual revenue growth projection made back in July, of $30 million during 2019, to a whopping $70 million.

  • Newsfilelast month

    CannabisNewsAudio Announces Audio Press Release (APR) on Sugarmade, Inc. Benefiting from Significant Advantages in Rapidly Growing Cannabis Sector

    New York, New York--(Newsfile Corp. - November 16, 2018) - CannabisNewsAudio announces the Audio Press Release (APR) titled "Hydroponics Increasingly Key as Booming Cannabis Sector Goes to Next Level," featuring Sugarmade, Inc. (OTCQB: SGMD)To hear the CannabisNewsAudio version, visit: http://cnw.fm/3Jx0WTo read the full editorial, visit: http://cnw.fm/f4D9SThese are significant advantages for SGMD as the company pursues its binding definitive agreement to acquire Nevada-based Sky Unlimited, LLC, which has developed a solid reputation throughout the ...

  • GlobeNewswirelast month

    CannabisNewsWire Announces Publication on Cannabidiol (CBD) Product Sector Building Strong Foundation

    NEW YORK, Nov. 15, 2018 (GLOBE NEWSWIRE) -- via CannabisNewsWire – CannabisNewsWire ("CNW"), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring Sugarmade, Inc. (SGMD), a client of CNW investing in products and brands with disruptive potential. Sugarmade, Inc. (SGMD), headquartered in northeastern Los Angeles County on the edge of the Angeles National Forest, has already established a formidable presence in the hydroponics supply market with brands such as ZenHydro.com, CarryOutSupplies.com and BudLife. Its robust AthenaUnited.com website lists everything from advanced lighting systems such as Hortilux lamps and ballasts to complete hydroponics kits such as the AeroFlo 60 aeroponic system from General Hydroponics, which super-oxygenates the nutrient solution.

  • Newsfilelast month

    CannabisNewsAudio Announces Audio Press Release (APR) on Sugarmade, Inc. Growing Profits and Diversifying Across Thriving Market Sectors

    New York, New York--(Newsfile Corp. - November 5, 2018) -  CannabisNewsAudio announces the Audio Press Release (APR) titled "Bumper Hemp Crops Promise Profit for Farmers and Cannabis Companies," featuring Sugarmade, Inc. (OTCQB: SGMD).To hear the CannabisNewsAudio version, visit: http://cnw.fm/U5wwNTo read the full editorial, visit: http://cnw.fm/K4ZfNLike several of the companies involved in the hemp industry, Sugarmade was drawn to the sector by an interest in the wider cannabis market. The company's main business is the ...

  • GlobeNewswirelast month

    CannabisNewsAudio Announces Audio Press Release (APR) on Sugarmade, Inc. Expanding Cannabis-Related Portfolio with Investment in Hemp Production

    NEW YORK, Nov. 05, 2018 -- via CannabisNewsWire – CannabisNewsAudio announces the Audio Press Release (APR) titled “Bumper Hemp Crops Promise Profit for Farmers and Cannabis.

  • PR Newswirelast month

    Sugarmade Executes on $40 Million Definitive Agreement to Acquire Sky Unlimited, LLC Creating Hydroponic Supply Powerhouse

    Sugarmade, Inc. (SGMD) today announces the signing of a binding Definitive Agreement to acquire Sky Unlimited, LLC, which through its AthenaUnited.com operations and website offers multiple popular hydroponic brands to several growing agricultural cultivation sectors. As a result of this acquisition, Sugarmade is raising its revenue guidance for calendar 2019 from $30 million to $70 million. Sugarmade expects this acquisition to be highly accretive to common shareholder value.

  • Newsfile2 months ago

    CannabisNewsAudio Announces Audio Press Release (APR) on Sugarmade, Inc. Getting In the Thick of Cannabis Cultivation Trend

    New York, New York--(Newsfile Corp. - October 29, 2018) - CannabisNewsAudio announces the Audio Press Release (APR) titled "Flow of Finance Funds Acquisitions and Investment Across the Cannabis Sector," featuring Sugarmade, Inc. (OTCQB: SGMD).To hear the CannabisNewsAudio version, visit: http://cnw.fm/v3zV7To read the full editorial, visit: http://ccw.fm/M5vycEarlier this year, Sugarmade announced that it was moving to acquire two other suppliers of cultivation equipment. Now details of those deals are emerging, with the signing of ...

  • GlobeNewswire2 months ago

    CannabisNewsWire Announces Publication on Cannabis Industry Riding Waves of Opportunity and Investment

    NEW YORK, Oct. 26, 2018 (GLOBE NEWSWIRE) -- via CannabisNewsWire -- CannabisNewsWire ("CNW"), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring Sugarmade, Inc. (SGMD), a client of CNW investing in products and brands with disruptive potential. The appeal of acquisitions is driving the strategy of companies such as hydroponics supplier Sugarmade, Inc. (SGMD). Hydroponic equipment is essential to the indoor cultivation of cannabis, so the growth of the sector promises a boom in demand for hydroponics.

  • Newsfile2 months ago

    CannabisNewsAudio Announces Audio Press Release (APR) on Sugarmade, Inc. Cultivating Opportunity in Cannabis, CBD Space Through Innovation, Hydroponics

    New York, New York--(Newsfile Corp. - October 19, 2018) - CannabisNewsAudio announces the Audio Press Release (APR) titled "Hemp and CBD Set to Eclipse the THC Marijuana Market," featuring Sugarmade, Inc. (OTC: SGMD).To hear the CannabisNewsAudio version, visit: http://cnw.fm/7C9g3To read the full editorial, visit: http://cnw.fm/wS6QqThe success of companies such as Sugarmade that are working in the CBD space comes in large part through innovation. These companies recognize the need to research, offer, and implement ...

  • GlobeNewswire2 months ago

    CannabisNewsAudio Announces Audio Press Release (APR) on Sugarmade, Inc. Reinforcing Position in CBD Market Through Direct Investment

    NEW YORK, Oct. 19, 2018 -- via CannabisNewsWire – CannabisNewsAudio announces the Audio Press Release (APR) titled “Hemp and CBD Set to Eclipse the THC Marijuana Market,”.

  • GlobeNewswire2 months ago

    CannabisNewsWire Announces Hemp and CBD Occupying Increasingly Large Share of Cannabis Market

    NEW YORK, Oct. 18, 2018 (GLOBE NEWSWIRE) -- via CannabisNewsWire – CannabisNewsWire ("CNW"), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring Sugarmade, Inc. (SGMD), a client of CNW focused on investing in products and brands with disruptive potential. Clearly, The legalization of hemp and CBD on the federal level will only benefit companies such as Sugarmade. Making hemp legal will allow a wide variety of support systems to evolve.

  • PR Newswire2 months ago

    Sugarmade Signs LOI to Acquire Major Hydroponic Supplier, Raises FY2019 Sales Outlook to $70M

    Sugarmade, Inc. (OTCQB: SGMD), one of the largest publicly traded hydroponics supply companies, today announces the signing of a binding Letter of Intent ("LOI") to acquire Sky Unlimited, LLC, dba Athena United (www.AthenaUnited.com), a California-based supplier of cannabis cultivation materials to wholesalers and large commercial cannabis cultivators. Sugarmade expects this acquisition to be highly accretive to earnings and shareholder value and thus is revising its guidance for full-year 2019 revenues to more than $70 million. Sugarmade's revenue within the cannabis cultivation supply sector is primarily derived from online sales, whereas Sky Unlimited's revenues are mainly generated via direct sales to wholesalers and large commercial cultivation companies. Management believes that combining its focus on e-commerce with Sky Unlimited's larger commercial operator-focused business will result in strong marketing, manufacturing and logistical synergies, as well as improved margins and other corporate benefits.

  • GlobeNewswire2 months ago

    CannabisNewsWire Announces Wave of Acquisitions Sweeping Cannabis Sector as Big Business Eyes Widening Legalization

    NEW YORK, Oct. 12, 2018 -- via CannabisNewsWire – CannabisNewsWire ("CNW"), a multifaceted financial news and publishing company, today announces the publication of an.

  • Newsfile2 months ago

    CannabisNewsAudio Announces Audio Press Release (APR) on Sugarmade, Inc.'s Growth Fueled by Growing Need for Hydroponic Supplies in Cannabis Cultivation

    New York, New York--(Newsfile Corp. - October 5, 2018) - CannabisNewsAudio announces the Audio Press Release (APR) titled "Growing Cannabis Sector Sees Surge in Acquisitions," featuring Sugarmade, Inc. (OTCQB: SGMD).To hear the CannabisNewsAudio version, visit: http://cnw.fm/bInh5To read the full editorial, visit: http://cnw.fm/QG4t3Based in California, Sugarmade has immediate access to one of the world's largest legal cannabis markets and is making the most of that. One of the largest publicly traded hydroponic supply companies, ...

  • GlobeNewswire2 months ago

    CannabisNewsAudio Announces Audio Press Release (APR) on Sugarmade, Inc. Cultivating Opportunity Through Controlled Production, International Expansion

    NEW YORK, Oct. 05, 2018 -- via CannabisNewsWire – CannabisNewsAudio announces the Audio Press Release (APR) titled “Growing Cannabis Sector Sees Surge in Acquisitions,”.

  • GlobeNewswire2 months ago

    CannabisNewsWire Announces Burgeoning Cannabis Sector Growth Driving Surge in Acquisitions

    NEW YORK, Oct. 04, 2018 (GLOBE NEWSWIRE) -- via CannabisNewsWire – CannabisNewsWire ("CNW"), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring Sugarmade, Inc. (SGMD), a client of CNW focused on investment in products and brands with disruptive potential. The company is expanding its presence within the North American cannabis market by investing in industrial hemp and cannabidiol (CBD). Industrial hemp, a form of cannabis without the high, can be used for a wide range of purposes and looks set to be widely grown in the United States following the passage of the 2018 Farm Bill.