Sugarmade Further Expands Brands - Gains Long Term Distro Rights to Advertising Supported Wagner Bartosch Product Line
March 30 2017 - 09:00AM
InvestorsHub NewsWire
City of Industry, CA -- March 30, 2016 -- InvestorsHub NewsWire
-- Sugarmade, Inc. (OTC:SGMD),
announces it has entered into an exclusive long term distribution
agreement with Wagner Bartosch for its unique advertising supported
dividers for frozen yogurt and desserts. Under the terms of the
agreement, Sugarmade will assume all marketing, manufacturing and
distribution rights for the product, in addition to revenue capture
for a period of ten years. Sugarmade believes it has significant
revenue opportunities relative to the product both in terms of
direct revenues from sales and for advertising opportunities to the
very specialized demographic of the associated marketplace.
Marketing and distribution this unique product is a natural for
Sugarmade as we are already selling to thousands of customers
within the sector, Commented CEO Jimmy Chan. Not only will the
product fit almost directly into our current product line,
manufacturing processes and distribution channels , we also see
significant opportunities to provide free dividers to our current
customs while capturing high margin dollars through advertising
support.
Over the previous 10 years, the self-serve frozen yogurt shop
has experienced tremendous growth and popularity. A major
contributor to this success is the choice and control the customer
has to build a unique treat. But choosing too many flavors and
toppings can result in an unappetizing combination. The Divider
provides simple separation of different portions of the dessert and
delivers a targeted marketing message to the consumer via ad
placement of the product. The advertising placement will allow
Sugarmade to supply Dividers to yogurt shops for free. This
interaction provides the advertiser with access to an extremely
high-value audience: pre-teen to early twenties age range, with
disposable income. More information on the Divider can be seen at
www.WagnerBartosch.com.
About Sugarmade, Inc. (OTCQB:SGMD)
Sugarmade, Inc. is a product and brand marketing company
investing in products and brands with disruptive potential.
Sugarmades brands include CarryOutSupplies.com, Sugarmade Tree Free
Paper, FreeHand ThumbTray and CannaShroud. During early 2017, the
Company will be launching Sriracha Stix, a revolutionary culinary
seasoning product under official license from Irwindale,
California- based Huy Fong Foods, Inc., the maker of Sriracha Hot
Chili Sauce. For more information on the Company's products, please
visit www.Sugarmade.com.
For inquiries please contact Jimmy Chan at (888) 982-1628 or
info@Sugarmade.com.
Sugarmade (PK) (USOTC:SGMD)
Historical Stock Chart
From Feb 2024 to Mar 2024
Sugarmade (PK) (USOTC:SGMD)
Historical Stock Chart
From Mar 2023 to Mar 2024