NEW YORK, June 28, 2019 (GLOBE NEWSWIRE) -- via CannabisNewsAudio – Sugarmade Inc. (OTC:SGMD) announces the availability of an audio press release titled, “New Technology Enters the Market as Demand Rises for Hemp Processing Power.”
To hear the CannabisNewsAudio version, visit: http://cnw.fm/FrH32
To read the full editorial, visit: http://cnw.fm/r7OUH
| | With a bumper harvest of hemp expected this fall, companies throughout the value chain are asking how raw hemp can most effectively be processed to provide for the massive demand for CBD. |
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| | Most CBD extraction in the United States currently uses ethanol to chemically separate the CBD from the rest of the plant and make it available for use. But other options are available and are becoming more sophisticated. New technology using water-based sonication extraction, microwaves and other techniques may transform the way extraction is carried out — and significantly impact costs as well. These machines, which Sugarmade Inc. (OTC:SGMD) plans to make available to its customers, could reduce the cost of extraction and so help cultivators increase their output without exorbitant increases in cost. |
About Sugarmade Inc.
Sugarmade Inc. is a product and brand marketing company investing in products and brands with disruptive potential. For more information, visit the company’s website at www.Sugarmade.com.
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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.
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