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Sugarmade Inc. Featured in CNW Publication Discussing Hemp as Kentucky’s Top Crop
Sugarmade Inc. Featured in CNW Publication Discussing Hemp as Kentucky’s Top Crop.
About this update from Sugarmade, Inc.
[{"type":"text","content":"\n NEW YORK, Sept. 12, 2019 (GLOBE NEWSWIRE) -- via CannabisNewsWire — Sugarmade Inc. (OTC:SGMD) today announces its placement in an editorial published by CannabisNewsWire (\"CNW\"), a multifaceted financial news and publishing company for private and public entities in the cannabis industry. To view the full publication, titled “Hemp Set to Overtake Tobacco in Kentucky Amid Boom for Growers, Suppliers,” visit: http://cnw.fm/rWM36 Since federal legislation allowed the production of hemp at test sites in 2014, Kentucky has taken a leading role in the industry. The Bluegrass state was one of only three states to exceed 100 acres by 2016, and research permits were issued for more than 12,000 acres in 2017. By the time the 2018 farm bill proposed the legalization of hemp across the United States, Kentucky hemp growers were becoming a powerful lobby. They won the support of the state’s politicians, helping to push national legislation through in December. Sugarmade Inc.’s (OTC:SGMD) involvement in Kentucky comes through, at least in part, a million-dollar investment in Nevada-based Hempistry Inc. Hempistry has begun growing high-grade hemp on a 23,000-acre land option it holds in Kentucky. High in cannabidiol (CBD), an active ingredient in high demand for wellness products, this hemp offers a chance to maximize earnings from the land and set down roots for larger operations in the state. Read more at: http://cnw.fm/rWM36   About Sugarmade Inc. 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 www.Sugarmade.com.About CannabisNewsWire (CNW)CannabisNewsWire (“CNW”) is a specialized information service that (1) aggregates cannabis news, (2) provides CannabisNewsBreaks 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,...