Sugarmade Inc. (SGMD) Corporate Media Kit
Farm-to-Door Vision Sugarmade, an innovator in the dynamic California cannabis sector, is focused on developing a full farm-to-door vertically integrated busi- ness model. Already a central player in California’s expanding cannabis delivery space, Sugarmade has completed a series of strategic moves to strengthen its positioning across the industry. As part of this effort, the company has closed multiple strategic acqui- sitions, including its latest purchase of a Los Angeles property, which has been designated as a new distribution and delivery hub for its NUG Avenue cannabis delivery segment. Sugarmade is also pursuing the acquisition of three non-storefront California cannabis licenses from the Los Angeles Department of Cannabis Regulation, as well as correspond- ing licenses from the California Bureau of Cannabis Control. Combined, the licenses provide the foundation for the opening of three new NUG Avenue cannabis delivery hubs in the Los Angeles metro area. Pursuing strategic additions to the company’s diversified brand portfolio, the team is building what it believes is one of the most promising vertically integrated cannabis models in the thriving California sector. Sugarmade is setting the stage to improve margins while expanding end-market access, and to grow, refine, produce, distribute, sell, and home-deliver top cannabis products in the world’s largest and fastest growing can- nabis market. The company’s long-term strategic vision is to establish the capacity to control all aspects of production, supply, manufacturing, packaging, distribution and delivery — to become a true “farm-to-door” cannabis company. Organic brand growth, property acquisition, licensing and geographic expansion are all key in achieving this vision, which is expected to provide for better unit economics, margin growth and gains in product quality and customer satisfaction.
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