- Most recently SGMD signed MOU to obtain three non-storefront California cannabis licenses.
- Sugarmade plans to open three new Nug Avenue cannabis delivery hubs in the Los Angeles metro area.
- In May, the company completed the acquisition of Lemon Glow Company Inc., along with all of its assets, interests, property and rights.
In a series of strategic acquisitions, Sugarmade Inc. (OTC: SGMD) has strengthened its position as a growing presence in the California cannabis sector. The company, which is currently a central player in the state’s expanding cannabis delivery space, is focused on developing a full farm-to-door vertically integrated cannabis business.
In the company’s most recent move, Sugarmade signed a memorandum of understanding to obtain three non-storefront California cannabis licenses from the Los Angeles Department of Cannabis Regulation, along with corresponding licenses from the California Bureau of…
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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