CITY OF INDUSTRY, California, September 20, 2017 /PRNewswire/
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Sugarmade, Inc. (OTCQB: SGMD) and Plantation Corp., today announce important breakthroughs in long-term cannabis storage.
Laboratory research has produced an optimum proprietary packaging atmosphere that will allow long-term storage of cannabis in the
new BudLife containers. The management teams of both companies consider this research breakthrough to be highly significant to
the emerging cannabis industry.
After many iterations and modifications to the patented technologies, Plantation has come up with what it believes is the
optimum storage atmosphere for cannabis flowers. BudLife products will preserve the important properties of cannabis - THC
levels, terpene quality, and tricome structure, along with aroma and feel. Sugarmade and Plantation are now turning development
efforts toward finalizing the packing design, a process that is well underway. Based on these breakthroughs the companies expect
to begin taking orders for BudLife in the 4th quarter of this year.
"We are super excited to be the exclusive distributor for BudLife products for the single largest cannabis market in the
world, the U.S. states of California, Oregon and Washington," commented Jimmy Chan CEO of Sugarmade. "We believe this breakthrough is really important. With
the growing glut of cannabis flowers in the marketplace, storage will be more critical than ever. As the California market opens up, we expect to see even more cannabis hit the market. We plan to help the cannabis
industry deal with this supply issue via high quality preservation and storage products. We look forward to releasing pricing and
prototypes, and to begin to take pre-orders for these patented and trade secret protected products. We urge all of our investors
to visit http://www.budlife.net to review this groundbreaking cannabis
storage technology."
The quality of cannabis has risen dramatically over the past few years and it's clear that premium product keeps consumers
happy and allows growers and distributors to command premium prices. But, the quality of cannabis degrades quickly, which
places the significant investments made in high quality product production at risk. BudLife products are design to
significantly reduce this risk and to allow growers and distributors to store and control the release of their higher quality
products at optimal times in order to maximize profits, thus helping users of BudLife to shape the cannabis supply and demand
curve.
The White Paper, titled, "Cannabis Storage - The Active Packaging Market Opportunity and Technical Requirements" can be
accesses at http://bit.ly/2sQnqw1. Additional information can be seen at
the new website at https://www.budlife.net/.
About Sugarmade, Inc. (OTC QB :SGMD)
Sugarmade, Inc. is a product and brand marketing company investing in products and brands with disruptive potential.
Sugarmade's brands include CaliGrownSupplies.com, CarryOutSupplies.com, FreeHand ThumbTray, and Sriracha Seasoning Stix, a
revolutionary culinary seasoning product. For more information on the Company's products, please visit http://www.Sugarmade.com.
About Plantation Corp.
Plantation Corp., a Wyoming Company, is a technology-driven organization with the goal to establish a unique paradigm in
preservation efficiency and longevity that sets a new gold standard for the intelligent packaging industry. While still a
privately-held corporation, Plantation is currently accepting investments only from accredited investors. Additional
information can be seen at the new website at http://www.BudLife.net.
FORWARD-LOOKING STATEMENTS: This release contains "forward-looking statements" within the meaning of the safe harbor
provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements also may be included in other
publicly available documents issued by the Company and in oral statements made by our officers and representatives from time to
time. These forward-looking statements are intended to provide management's current expectations or plans for our future
operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use
of words such as "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy,"
"future," "likely," "may," "should," "would," "could," "will" and other words of similar meaning in connection with a discussion
of future operating or financial performance. Examples of forward looking statements include, among others, statements
relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial
performance.
Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors
that may cause the Company's actual results and financial condition to differ materially from those expressed or implied in the
forward-looking statements. Such risks, uncertainties and other factors include, among others such as, but not limited
to economic conditions, changes in the laws or regulations, demand for products and services of the company, the effects of
competition and other factors that could cause actual results to differ materially from those projected or represented in the
forward looking statements.
Any forward-looking information provided in this release should be considered with these factors in mind. We assume no
obligation to update any forward-looking statements contained in this report.
For inquiries please contact
Jimmy Chan
+1(888)982-1628
info@Sugarmade.com
SOURCE Sugarmade, Inc.