This is the CBD Industry’s Biggest Catalyst for Long-Term Growth

Palm Beach, FL – August 1, 2019 — Major retail chains like CVS and Walgreens are expected to drive further CBD sales growth this year, according a The Brightfield Group.  By year’s end, the CBD industry is expected to become a $5 billion industry – a 700% year over year increase from 2018.  The analysts […]

Will State Regulations Eventually Threaten California’s Cannabis Supply Chain

Palm Beach, FL –August 1, 2019 – When the state of California decides to lead the way on an issue… it goes all the way… Hollywood style. B-I-G. (Sorry Texas). So when California opened the gates for big and small and in-between companies to get in on the ride of the cannabis market tsunami… everybody […]

The Top Reasons Why the CBD Market Has Only Started to Boom

Palm Beach, FL – August 1, 2019 — Hemp-derived CBD is quickly becoming a multi-billion-dollar business, with plenty of mainstream support.  Already, sales of products containing CBD are expected to grow 700% in 2019 year over year, says the Brightfield Group.  “The CBD market has been growing rapidly, but we will see unprecedented growth in […]

Sugarmade and Hempistry Commence Hemp Cultivation in Kentucky

Monrovia, CA – August 1, 2019 – Sugarmade, Inc. (OTCQB: SGMD), a major supplier to the growing hydroponic cultivation and hemp sectors, today announces commencement of hemp cultivation in conjunction with Hempistry, Inc., of Madisonville, Kentucky.  Sugarmade recently announced is had begun to exercise its investment option in the Kentucky hemp cultivator.  The hemp being cultivated […]

Why the CBD Edibles Market Could See $4.1 Billion in Sales by 2022

Palm Beach, FL – August 1, 2019 — Cannabis is quickly becoming one of the most industry-disruptive forces.  Multi-billion-dollar industries are already being uprooted by cannabis, including beverages, alcohol, beer, sports drinks, retailers, pharmaceuticals, tobacco, and the wellness industry, as the cultural renaissance just gets underway.  All thanks to growing acceptance following Canada’s October 2018 […]