New York, New York--(Newsfile Corp. - December 7, 2018) - CannabisNewsAudio announces the Audio Press Release (APR) titled "Hemp
Industry Sees Profitable Harvest as Farm Bill Approaches Finale," featuring Sugarmade, Inc. (OTCQB: SGMD)
To hear the CannabisNewsAudio version, visit: http://cnw.fm/S2jfk
To read the full editorial, visit: http://cnw.fm/f5fdN
One of the reasons behind Sugarmade's investment in Hempistry is the dramatic rise in revenues from hemp crops. A few
years ago, no one could have predicted the popularity hemp would achieve by 2018. The crop was mostly a side note, a reminder of
the days when its fibers were used to make ropes and sales. When interest in CBD started to expand, producers realized that it
could be extracted from industrial hemp. By turning this interest into a separate industry, businesses could sell CBD without
becoming entangled in a mass of legal and social uncertainties.
Companies that have made strong investments in hemp cultivation, such as Sugarmade, will gain considerably from
hemp's ascendancy, to the benefit of managers and common share investors. Jimmy Chan, CEO of Sugarmade, commented, "Demand for
industrial hemp and products derived from hemp is soaring with no let up in sight. We expect our direct investment into Hempistry
to be accretive to common shareholders, and our supply agreement to be lucrative. All of us at Sugarmade see a tremendous
opportunity to become a supplier to this fast-growing sector."
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://www.CannabisNewsWire.com
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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
