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Sugarmade Inc V.SGMD


Primary Symbol: SGMD

Sugarmade, Inc. is a product and branding marketing company. The Company operates through two segments: paper and paper-based products and cannabis products delivery. The paper and paper-based products segment focuses on supply of disposable products to the quick-service restaurant and as an importer and distributor of non-medical personal protection equipment to business and consumers, via its Carry Out Supplies subsidiary. Carry Out Supplies is a producer and wholesaler of custom printed and generic supplies. The primary products are plastic cold cups, paper coffee cups, yogurt cups, ice cream cups, cup lids, cup sleeves, edible packaging, food containers, soup containers, plastic spoons, and similar products. The Company also focuses on investing in cannabis real estate, cultivation, and wholesale sectors vs. cannabis retail operations. It is also engaged in selected cannabis and hemp projects. Its subsidiaries include SWC Group, Inc., NUG Avenue, Inc., and Lemon Glow Company, Inc.


PINL:SGMD - Post by User

Comment by constructionsiteon Jun 30, 2021 11:27am
297 Views
Post# 33473133

RE:Real Possibilities And Great Potential.

RE:Real Possibilities And Great Potential.Agreed, the potential is really big, based on what we can read.  And the desire to close acqusitions over the next quarter should help SP appreciate.

Surprised this remains so under the radar.  Market cap is still tiny, given the assets, lack of debt, and acquisition plans. 

{As an aside, it doesn't help SGMD's exposure that Stockhouse has completely bungled the new Message Bullboard for this stock, so our posts (including this one, I presume) get filed under "V.SGMD_OLD" on our member profile, which then cannot be retrieved through anyone's profile page -- making the posts and the BOARD itself even more obscure than it should be.... lol.  I sent a msg to SH, but of course there was no response.  We'll see if it gets fixed eventuallly.}

... Meanwhile, looking forward to some big announcements from SGMD in coming weeks.  



goldennorth wrote: Experence and very industry knowledable managment. Management’s personal relationships with business owners and executives throughout the industry allows the Company to get access to decision makers and potential targets quickly and effectively.

Salona’s strategy is to acquire companies, paying private company multiples, predominantly through earn-outs heavy in stock. Earn out structures help to keep float tight and allow the company to ensure cash flow and revenue is earned in advance of payment.

SGMD has a deep and full pipeline of potential acquisition targets – all medical device companies with between $5M - $20M in revenues w/ cash flow. 

This stock has excellent fundamentals and great price momentum. by Thomson Reuters Stock Reports. It's going to continue to move up and could easly be trading at $2.00 or more by the mid July. It's a good buy.

https://2e0c9480-053d-40d5-b81e-656a8b3c8346.filesusr.com/ugd/3c6412_6b173990300d4e32bb53252bee95fd55.pdf


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