SGMDSugarmade, Inc.
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About Sugarmade, Inc. (SGMD)
Sugarmade, Inc. (SGMD) is a Paper & Paper Products company headquartered in Walnut, CA, United States whose shares trade over-the-counter on the Expert Market tier.
Sugarmade is a dynamic company that prudently identifies burgeoning sectors poised for significant growth, strategically allocating investments in promising businesses within those sectors. Our current portfolio includes a substantial 640-acre landholding situated in Lake County, California, alongside a reputable restaurant disposable packaging enterprise established in 2009. We are in the final stages of securing Cannabis cultivation permits from both County and State authorities in California, with a strong likelihood of activation prior to the 2024 planting season. Upon approval, we intend to swiftly engage in contract farming through partnerships with licensed manufacturers and distributors. Despite the economic downturn of the past two years, we exercised caution in expansion efforts to mitigate risk. By safeguarding these crucial assets, we have maintained equilibrium within the company amidst industry turbulence. With confidence that our diversified portfolio.
Products and services
Our 640-acre real estate property is currently undergoing the final stages of permit acquisition for cannabis cultivation. The potential revenue streams include rental income, contract farming, or the production of our own cannabis products. Beyond our cannabis endeavors, Sugarmade boasts a formidable packaging enterprise catering to over 6,000 Quick Service Restaurants (QSRs) and food brands. Renowned for our delivery of top-tier packaging solutions tailored to the unique demands of the food industry, our expertise in this domain enriches our portfolio diversification and fortifies our market position.
SGMD key facts
- Ticker symbol
- SGMD
- Market tier
- Expert Market
- Sector
- Basic Materials
- Industry
- Paper & Paper Products
- Headquarters
- Walnut, CA, United States
- Country of incorporation
- US
- Year of incorporation
- 2007
- Employees
- 8
- Estimated market cap
- $138.5K (as of Apr 10, 2025)
- Shares outstanding
- 69,270,621
- Reporting standard
- Dark: Alternative Reporting Standard
- Audit status
- Audited
- Fiscal year end
- 6/30
- Latest filing
- Quarterly Report (Sep 30, 2023)
Sugarmade, Inc. leadership
- Jimmy Chan — CEO, CFO, Secretary
- Jacky Wong — Accountant
Explore more: Paper & Paper Products stocks · Basic Materials sector · Expert Market stocks · OTC stocks starting with S
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