Hemp Industry Sees Profitable Harvest as Farm Bill Approaches Finale
CannabisNewsWire Editorial Coverage Denver CO – December 4, 2018 – With the end in sight for the 2018 U.S. Farm Bill, which contains provisions likely to grant hemp full agricultural legalization, and revenues from existing hemp products rising, hemp farmers are seeing reasons for excitement this fall. The Farm Bill is set to […]
Cannabis Boom Fuels Mergers and Acquisitions in Hydroponics and Beyond
Denver CO – November 27, 2018 – The rapid growth of the cannabis sector is pushing companies to innovate expansion strategies. Among the companies affected are hydroponics suppliers, which sell vital equipment to cultivators. Hydroponics companies, like others in cannabis, are using mergers and acquisitions to benefit from a bullish market. A recent trade […]
Hydroponics Increasingly Key as Booming Cannabis Sector Goes to Next Level
Denver, Colorado – November 14, 2018 – With Canada’s decision to decriminalize cannabis nationwide and the 2018 U.S. Farm Bill’s provision to potentially make industrial hemp and hemp-derived cannabidiol (CBD) legal nationwide, the cannabis CBD product sector is gaining a strong foundation. Analysts expect runaway growth in the cannabis and CBD markets. Industry is […]
Sugarmade Executes on $40 Million Definitive Agreement to Acquire Sky Unlimited, LLC Creating Hydroponic Supply Powerhouse
MONROVIA, California, November 1, 2018 – Sugarmade, Inc. (OTCQB:SGMD) today announces the signing of a binding Definitive Agreement to acquire Sky Unlimited, LLC, which through its AthenaUnited.com operations and website offers multiple popular hydroponic brands to several growing agricultural cultivation sectors. As a result of this acquisition, Sugarmade is raising its revenue guidance for calendar […]
Flow of Finance Funds Acquisitions and Investment Across the Cannabis Sector
New York, NY – October 25, 2018 – A growing market is supporting a wave of acquisitions and cross-company investments in the cannabis industry. Significant growth in the cannabis industry is supporting a range of multimillion-dollar investments. Some of these have taken the form of acquisitions, as innovators evolve into established companies. Others are […]
Sugarmade Signs LOI to Acquire Major Hydroponic Supplier, Raises FY2019 Sales Outlook to $70M
Monrovia, California, October 17, 2018 – Sugarmade, Inc. (OTCQB:SGMD), one of the largest publicly traded hydroponics supply companies, today announces the signing of a binding Letter of Intent (“LOI”) to acquire Sky Unlimited, LLC, dba Athena United (www.AthenaUnited.com), a California-based supplier of cannabis cultivation materials to wholesalers and large commercial cannabis cultivators. Sugarmade expects this […]
Fresh Acquisitions Help Companies Profit from Growth in the Cannabis Sector
New York, NY – October 11, 2018 – A wave of acquisitions is sweeping the cannabis sector, as increasing legalization draws the attention of big business. Large and mid-tier cannabis companies are absorbing their smaller competitors. Tobacco and alcohol companies are moving in as a natural extension of their current ranges. This is supported […]
Growing Cannabis Sector Sees Surge in Acquisitions
CannabisNewsWire Editorial Coverage New York, NY – October 3, 2018 – The ongoing growth of the cannabis sector is now driving a surge in acquisitions, as companies compete to control a burgeoning market. The cannabis sector has seen incredible growth, reaching $10 billion this year in the United States alone. This has led […]
Growing Cannabis Sector Sees Surge in Acquisitions
CannabisNewsWire Editorial Coverage New York, NY – October 3, 2018 – The ongoing growth of the cannabis sector is now driving a surge in acquisitions, as companies compete to control a burgeoning market. The cannabis sector has seen incredible growth, reaching $10 billion this year in the United States alone. This has led […]
Sugarmade Targets $45 Million Revenue Stream for Highly Accretive Acquisitions in Cannabis Supply Sector
Monrovia, Calif., October 2, 2018 – Sugarmade, Inc. (OTCQB:SGMD), one of the largest publicly traded hydroponics supply companies, today announces it has issued formal proposals to acquire two hydroponic cultivation supply companies within the fast growing cannabis sector. Sugarmade recently reiterated its 2019 revenue guidance of $30 million representing growth of over 700%, but should […]
