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/U5wwN
To read the full editorial, visit: http://cnw.fm/K4ZfN
Like 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 supply of hydroponic equipment used for indoor agriculture. The growth of the
legal cannabis market has fueled profits for Sugarmade as growers have valued its supplies. Now the company is diversifying its
presence in the thriving sector.
Moving into this part of the market involved a different approach by Sugarmade. Instead of simply relying on its presence as a
supplier of tools and equipment for profits, the company has committed a million
dollars to investment in Hempistry, Inc. Hempistry's hemp cultivation is based in Kentucky, the state with the third largest acreage of hemp growth, just behind Oregon but far behind Colorado, which
is home to nearly as much hemp as the next three states combined.
About Sugarmade, Inc.
Sugarmade, Inc. is a product and brand marketing company investing in products and brands with disruptive potential. Sugarmade's
brands include ZenHydro.com, CarryOutSupplies.com, and BudLife Cannabis Storage Solutions. For more information on the company's products,
please visit www.Sugarmade.com.
About CannabisNewsWire (CNW)
CannabisNewsWire ("CNW") is a specialized information service that (1) aggregates cannabis news, (2) provides CannabisNewsBreaks that quickly updates investors in the
space, (3) enhances corporate press releases, (4) helps companies with distribution and optimization of social media, and (5)
delivers comprehensive corporate communication solutions. CNW is uniquely positioned in the cannabis market with a strong team of
journalists and writers who can help private and public companies reach a wide audience of investors, consumers, journalists and
the general public through our ever-growing dissemination network of more than 5,000 key syndication outlets. CNW is bringing
unparalleled visibility, recognition and content to the cannabis industry.
For more information please visit https://wwwCannabisNewsWire.com
Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever
published or re-published: http://CNW.fm/Disclaimer
Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and
Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are
based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned
not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof.
In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this
release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to
differ materially from those indicated in the forward-looking statements.
CNW Corporate Communications Contact:
CannabisNewsWire (CNW)
Denver, Colorado
www.CannabisNewsWire.com
303.498.7722 Office
Editor@CannabisNewsWire.net
