SGMD - Sugarmade, Inc.

Other OTC - Other OTC Delayed Price. Currency in USD
0.108
-0.002 (-1.82%)
As of 12:35PM EDT. Market open.
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Previous Close0.110
Open0.110
Bid0.000 x 0
Ask0.000 x 0
Day's Range0.106 - 0.118
52 Week Range0.030 - 0.430
Volume1,079,517
Avg. Volume2,025,278
Market Cap30.514M
Beta (3Y Monthly)0.32
PE Ratio (TTM)N/A
EPS (TTM)-0.013
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
  • GlobeNewswire3 days 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.

  • Newsfile10 days 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, ...

  • GlobeNewswire10 days 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,”.

  • GlobeNewswire11 days 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.

  • PR Newswire13 days ago

    Sugarmade Targets $45 Million Revenue Stream for Highly Accretive Acquisitions in Cannabis Supply Sector

    Sugarmade, Inc. (SGMD), one of the largest publicly traded hydroponics supply companies, today announces it has issued formal proposals to acquire two hydroponic cultivation supply companies within the fast growing cannabis sector. Sugarmade recently reiterated its 2019 revenue guidance of $30 million representing growth of over 700%, but should these acquisition efforts be successful, the Company would immediately boost its revenue guidance to $75 million for next year, representing one of the fastest revenue growth rates in the cannabis industry.

  • Newsfile18 days ago

    CannabisNewsAudio Announces Audio Press Release (APR) on Sugarmade, Inc. Exploiting "Picks and Shovels" Approach to Budding Cannabis Sector

    New York, New York--(Newsfile Corp. - September 27, 2018) - CannabisNewsAudio announces the Audio Press Release (APR) titled "Hydroponic Hardware Key to Tapping Long-Term Profits of Burgeoning Cannabis Market," featuring Sugarmade, Inc. (OTC Pink: SGMD).To hear the CannabisNewsAudio version, visit: http://cnw.fm/gStR5To read the full editorial, visit: http://cnw.fm/VraZ0Product and brand marketing outfit Sugarmade, Inc. (OTC: SGMD), whose brands include ZenHydro.com, CarryOutSupplies.com and BudLife Cannabis Storage Solutions, is currently focused on increasing revenues by repeating the success ...

  • GlobeNewswire19 days ago

    CannabisNewsWire Announces Cannabis Demand for Controlled Production Triggers Boon to Hydroponics Industry

    NEW YORK, Sept. 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 focused on investment in products and brands with disruptive potential. The company was obviously happy to announce expansion into the European hydroponics supply market recently, through a sizeable order via Amazon UK. This announcement comes amid an ongoing shift for the company from a majority of hydroponic-related revenue growth occurring in California and other West Coast markets to more geographically dispersed growth throughout other U.S. states that are also seeing regulatory easing.

  • Newsfile25 days ago

    Sugarmade Comments on its Hemp Investment, the $22 Billion Hemp-Derived CBD Market, and Pending Hemp Bill Passage

    Monrovia, California--(Newsfile Corp. - September 20, 2018) - Sugarmade, Inc. (OTC Pink: SGMD), one of the largest publicly traded hydroponics supply companies, today made comments on its recent investment into the industrial hemp market and on the pending Hemp Bill of 2018, which now appears to be on the verge of passage and enactment into federal law.A recent report published by Brightfield Group has estimated the hemp-derived cannabidiol (CBD) market at $591 million this ...

  • GlobeNewswire25 days ago

    Sugarmade Comments on its Hemp Investment, the $22 Billion Hemp-Derived CBD Market, and Pending Hemp Bill Passage

    MONROVIA, Calif., Sept. 20, 2018 (GLOBE NEWSWIRE) -- via NetworkWire – Sugarmade, Inc. (OTC: SGMD), one of the largest publicly traded hydroponics supply companies, today made comments on its recent investment into the industrial hemp market and on the pending Hemp Bill of 2018, which now appears to be on the verge of passage and enactment into federal law. A recent report published by Brightfield Group has estimated the hemp-derived cannabidiol (CBD) market at $591 million this year, growing to $22 billion by 2022.  This estimate is of particular importance to Sugarmade as its recent Kentucky hemp investment was for the cultivation of an ultra-rich CBD strain of industrial hemp. Sugarmade believes the hemp portion of the farm bill will benefit the Company and its shareholders.  Sugarmade is committing capital over the next twelve months to invest in Hempistry, Inc., a privately held Nevada corporation, which has begun planting an ultra-high CBD industrial hemp strain in the U.S. state of Kentucky.  Additionally, Sugarmade expects to sign an agreement with Hempistry for hemp cultivation supplies.

  • PR Newswirelast month

    SeeThruEquity Initiates Coverage on Sugarmade, Inc.

    Jimmy Chan, CEO of Sugarmade commented, "Having Sugarmade highlighted by SeeThruEquity is important to this management team.  Over the past two years, Sugarmade has almost completely restructured.  We have entered one of the fast growing sectors of the American economy, reduced debt levels, added a significant number of personnel, moved our headquarters, and most importantly, positioned our Company for substantial growth.  Based on our growth rates, we now believe our $30 million revenue guidance for next year is very conservative.  We welcome SeeThruEquity's research coverage and look forward to supplying its analyst a steady stream of news on high quality developments regarding our progress. SeeThruEquity analysts have placed a price target on Sugarmade common shares at $0.30, which represents a potential upside of 130.8% from the recent price of $0.13 on September 3, 2018.  In the report, the firm further outlines expectations for the market in the 29 US states where regulations and laws have been relaxed.  The outlook is impressive with the market expected to grow from $9.2 billion in 2017 to $47.3 billion by 2027.  The report can be viewed at http://www.seethruequity.com.

  • ACCESSWIRElast month

    SeeThruEquity Initiates Coverage on Sugarmade Inc.

    NEW YORK, NY / ACCESSWIRE / September 10, 2018 / SeeThruEquity, a leading independent equity research and corporate access firm focused on smallcap and microcap public companies, today announced it has initiated coverage on Sugarmade Inc. (SGMD) with a price target of $0.30. The report is available here: Sugarmade Initiation Report. With headquarters in Monrovia, CA, Sugarmade is focused on supplying equipment and technologies to support the legal cultivation, processing and storage of cannabis and other agricultural products.

  • GlobeNewswirelast month

    Coverage Initiated for Sugarmade, Inc. (OTC: SGMD) via NetworkNewsWire

    NEW YORK, Sept. 06, 2018 (GLOBE NEWSWIRE) -- via NetworkWire – Sugarmade, Inc. (SGMD), one of the largest publicly traded hydroponics supply companies moving into the industrial hemp sector, announces it has selected the corporate communications expertise of NetworkNewsWire ("NNW"). Sugarmade is a product and brand marketing company investing in products and brands with disruptive potential. Headquartered in Los Angeles county, Sugarmade has various business operations in diverse marketplaces including packaging and paper goods for various industries, and agricultural supplies.

  • GlobeNewswire2 months ago

    Sugarmade in Acquisition Discussions – Files Disclosure Statement Concerning Upcoming Special Shareholder Meeting

    MONROVIA, Calif., Aug. 28, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Sugarmade, Inc. (SGMD), one of the largest publicly traded hydroponics supply companies, today announces the filing of a disclosure statement with the Securities & Exchange Commission concerning possible acquisitions by the Company. Sugarmade has begun formal acquisition negotiations with two companies that provide online and retail hydroponic and other agricultural cultivation supplies. Mr. Jimmy Chan, CEO of Sugarmade, commented, "The hydroponic supply sector is still highly fragmented with many of the larger players not likely to reach public company liquidity events for the original entrepreneurial teams.

  • PR Newswire2 months ago

    Sugarmade in Acquisition Discussions-Files Disclosure Statement Concerning Upcoming Special Shareholder Meeting

    Sugarmade, Inc. (SGMD), one of the largest publicly traded hydroponics supply companies, today announces the filing of a disclosure statement with the Securities & Exchange Commission concerning possible acquisitions by the Company. Sugarmade has begun formal acquisition negotiations with two companies that provide online and retail hydroponic and other agricultural cultivation supplies. Mr. Jimmy Chan, CEO of Sugarmade, commented, "The hydroponic supply sector is still highly fragmented with many of the larger players not likely to reach public company liquidity events for the original entrepreneurial teams.

  • PR Newswire2 months ago

    Sugarmade Applies for OTCQB Eligibility

    Sugarmade, Inc. (SGMD), one of the largest publicly traded hydroponics supply companies, today announces its application for the OTCQB Venture Marketplace for the trading of Sugarmade common shares. The Company had previously announced, in error, its return to the OTCQB Venture Market. Management had thought the return to the OTCQB would be automatic once fully reporting status was restored, this assumption was incorrect and thus Sugarmade has reapplied. Mr. Jimmy Chan, CEO of Sugarmade commented, "The OTCQB enables Sugarmade to build our visibility and expand liquidity for our shareholders without the rigid procedures and requirements that go along with an exchange listing.

  • PR Newswire2 months ago

    Sugarmade Launches Industrial Hemp and CBD Initiative

    MONROVIA, California , August 21, 2018 /PRNewswire/ -- Sugarmade, Inc. (OTC: SGMD), one of the largest publicly traded hydroponics supply companies, today announces a new corporate initiative in the booming ...

  • GlobeNewswire2 months ago

    Sugarmade Moves Into European Hydroponic Market

    MONROVIA, Calif., Aug. 16, 2018 (GLOBE NEWSWIRE) -- via NetworkWire – Sugarmade, Inc. (OTC: SGMD), one of the largest publicly traded hydroponics supply companies, today announces expansion into the European market for hydroponics supplies by way of its first order via Amazon UK. Under the terms of the agreement, Sugarmade will supply dozens of SKUs to be sold in United Kingdom. The European market is growing relative to hydroponics.

  • PR Newswire2 months ago

    Sugarmade Moves Into European Hydroponic Market

    Sugarmade, Inc. (SGMD), one of the largest publicly traded hydroponics supply companies, today announces expansion into the European market for hydroponics supplies by way of its first order via Amazon UK. Under the terms of the agreement, Sugarmade will supply dozens of SKUs to be sold in United Kingdom. The European market is growing relative to hydroponics.

  • GlobeNewswire2 months ago

    Sugarmade Returns to the OTCQB as Fully Reporting-CEO Comments on Growth

    Additionally, the Company makes comments relative to the strong revenue growth it is experiencing within the cannabis supplies marketplace. Sugarmade expects revenue growth to at least $30 million for 2019, with operating profitability and positive operating cash flow. For the most recently reported quarter, the Company reported revenues of just under $3 million, representing a sequential revenue increase of approximately 215% and a year over year revenue increase of approximately 228%.

  • PR Newswire2 months ago

    Sugarmade Returns to the OTCQB as Fully Reporting; CEO Comments on Growth

    MONROVIA , California, Aug. 8, 2018 /PRNewswire/ -- Sugarmade, Inc. (SGMD), one of the largest publicly traded cannabis-related hydroponics supply companies returns to the OTCQB Venture Market trading venue as a fully reporting company with the U.S. Securities & Exchange Commission.  Additionally, the Company makes comments relative to the strong revenue growth it is experiencing within the cannabis supplies marketplace. Sugarmade expects revenue growth to at least $30 million for 2019, with operating profitability and positive operating cash flow.

  • GlobeNewswire3 months ago

    Sugarmade Inc. Reiterates $30 Million Revenue Guidance Within Cannabis Marketplace, Files Quarterly Results

    City of Industry, Calif., July 18, 2018 (GLOBE NEWSWIRE) -- via NetworkWire – Sugarmade, Inc. (SGMD), one of the largest publicly traded cannabis-related hydroponics supply companies, reiterates its $30 million revenue guidance for next fiscal year after filing results for fiscal Q2 2018. Additionally, the Company is announcing today the termination of its culinary business line in order to increase emphasis on its hyper-growth market opportunities. Sugarmade continues on a strong growth trajectory, which is expected to allow the Company to produce revenue of at least $30 million for the fiscal year ending 2019, representing annual growth of over 500 percent.

  • PR Newswire3 months ago

    Sugarmade Reiterates $30 MM Revenue Guidance Within Cannabis Marketplace - Files Quarterly Results

    Sugarmade, Inc., one of the largest publicly traded cannabis-related hydroponics supply companies, reiterates its $30 million revenue guidance for next fiscal year after filing results for fiscal Q2 2018. Additionally, the Company is announcing today the termination of its culinary business line in order to increase emphasis on its hyper-growth market opportunities. Sugarmade continues on a strong growth trajectory, which is expected to allow the Company to produce revenue of at least $30 million for the fiscal year ending 2019, representing annual growth of over 500%.

  • PR Newswire4 months ago

    Sugarmade Files Quarterly Results - Provides Investor Update

    CITY OF INDUSTRY, California, June 11, 2018 /PRNewswire/ -- Sugarmade, Inc., one of the largest publicly traded cannabis-related hydroponics supply companies today informs its investors concerning the filing of financial results for the quarter ending September 30, 2017 and provides an update concerning additional filings and the direction of the Company. Mr. Jimmy Chan, CEO of Sugarmade commented, "The filing of our financial results has been delayed as we revamped our financial team and systems in order to manage the strong growth we are currently realizing and to prepare for the growth we are forecasting for future periods. Financial Reporting - Sugarmade has now filed its results for the quarter ending September 30, 2018 and is in process of finalizing reports for the quarters ending December 31, 2017 and March 30, 2018.

  • PR Newswire6 months ago

    Trump Cannabis Statements Leads Sugarmade to Positively Modify Business Growth Plans

    Sugarmade, Inc. (SGMD) made comments today relative to the Trump administration abandoning a Justice Department threat to crack down on recreational cannabis in states where it is legal under state law. Late last week, the White House confirm an important policy change that the federal government would not interfere with state marijuana laws and that President Trump would champion a new law that gives states the authority to set their own cannabis-related policies. Mr. Jimmy Chan, CEO of Sugarmade commented, "We view last week's announcement as one of the most significant events in the cannabis industry over the past few years.