Sugarmade Inc. Featured in CannabisNewsAudio Broadcast Evaluating Ability of Companies to Meet Urgent Equipment Needs

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NEW YORK, May 30, 2019 (GLOBE NEWSWIRE) -- via CannabisNewsAudio –  announces the availability of a CannabisNewsAudio Broadcast titled, “CBD Surge Puts Pressure on Cultivation Supplies.”

To hear the CannabisNewsAudio version, visit: .

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Companies such as are dramatically expanding their operations, thus seeing an increased level of power over their supply chains and the capacity to both stock and sell greater volumes of agricultural equipment. The efficiencies and reach of larger companies, along with their financial capacity to order supplies in larger volumes, will invigorate the hydroponic supply chain and ensure that growers’ needs are met.

To support this goal, companies have been undertaking mergers and acquisitions. Sugarmade has made two such moves — and the company isn’t stopping there. As said: “Sugarmade is expecting to realize exceptional revenue growth this year from all of our hydroponic-related market sectors. We continue to seek additional acquisitions to further boost our already-expected robust revenue growth rate.”

Sugarmade Inc. is a product and brand marketing company investing in products and brands with disruptive potential. For more information, visit the company’s website at .

CannabisNewsWire (“CNW”) is a specialized information service that (1) aggregates cannabis news, (2) provides that quickly updates investors in the space, (3) enhances corporate press releases, (4) helps companies with distribution and optimization of social media, and (5) delivers comprehensive corporate communication solutions. CNW is uniquely positioned in the cannabis market with a strong team of journalists and writers who can help private and public companies reach a wide audience of investors, consumers, journalists and the general public through our ever-growing dissemination network of more than 5,000 key syndication outlets. CNW is bringing unparalleled visibility, recognition and content to the cannabis industry.

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This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.

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Globe Newswire: 13:40 GMT Thursday 30th May 2019

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