Sugarmade (OTC: SGMD), an innovator in California’s vibrant cannabis industry, is focused on expanding its end-market access as a central player in the grow space. It comes as more and more consumers around the world realize the potential benefits of cannabis. As a result, the market is expected to experience significant growth, with a new Quince Market Insights report estimating that the global cannabis market will grow at a CAGR of 27.0% from 2021 to 2030 (https://cnw.fm/pZlDm). “The growth factors identified in the market are the proven medicinal effects and legalization of cannabis, the evolution of intellectual property rights in cannabis, as well as active research and development and modification of the plant,” it reads. in a recent article, which contains excerpts from the report. This expected growth has not gone unnoticed at SGMD. “Sugarmade has set itself the goal of expanding its access to the end market as a central player in the growing cannabis delivery market in California, while also developing its in-house cannabis production capacity to verticalize operations in space. Through a combination of organic growth and strategic acquisitions, Sugarmade strives to develop a fully vertically integrated farm-to-door cannabis business. “
To view the full article, visit https://cnw.fm/Zq0lz
About Sugarmade Inc.
Sugarmade is a product and brand marketing company that invests in potentially disruptive operations and technologies. The company’s brand portfolio includes CarryOutsupplies.com, SugarRush, Nug Avenue, Lemon Glow and Budcars. For more information, please visit www.Sugarmade.com.
NOTICE TO INVESTORS: The latest news and updates relating to SGMD are available in the company newsroom at http://cnw.fm/SGMD
CannabisNewsWire (CNW) is a news service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarizes company news and information, (3) services enhanced press releases, (4) social media distribution and optimization services, and (5) a full range of corporate communications solutions. As a multi-faceted financial news and content distribution company with a large team of contributing journalists and writers, CNW is uniquely positioned to better serve private and public companies who wish to reach a large investor audience, consumers, journalists and the general public. CNW has a growing distribution network of more than 5,000 key syndication outlets across the country. By eliminating the information overload in today’s marketplace, CNW offers its customers unmatched visibility, recognition and brand awareness. CNW is the focal point for news, content and information.
To receive CannabisNewsWire SMS alerts, send “CANNABIS” to 21000 (US mobile phones only)
For more information, please visit https://www.CannabisNewsWire.com
Do you have questions or are you interested in working with CNW? Ask our editor
CannabisNewsWire is part of the InvestorBrandNetwork.