Sugarmade Inc. (SGMD) Issues Letter to Shareholders on Upcoming Expansion Steps
Nov 4, 2020
- SGMD shareholder letter outlines building blocks of strategic vision
- Chan talks about two themes: geographic expansion for BudCars and Sugarmade’s move to cultivation operations
- BudCars is expanding into North San Francisco Bay area and wine country counties, then Los Angeles
In a letter to shareholders thanking them for their support, Sugarmade (OTCQB: SGMD) CEO Jimmy Chan outlined the “building blocks of a coherent and cohesive strategic vision” and noted that the company is putting in motion “key next steps to manifest that vision and drive strong and sustained shareholder value as a key emerging leader in the California cannabis marketplace”(https://cnw.fm/C3Q5i).
“I want to highlight two themes that will help to drive our value proposition for shareholders over the intermediate term: geographic expansion for BudCars and our . . .
NOTE TO INVESTORS: The latest news and updates relating to SGMD are available in the company’s newsroom at http://cnw.fm/SUGAR
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