Sugarmade Announces BudLife Intelligent Cannabis Container
System Branding
About Sugarmade, Inc. (OTCQB:SGMD)
City of Industry, Calif., June 26, 2017 - Sugarmade, Inc.
(OTCQB:SGMD),
today announces its BudLife Intelligent Cannabis Container System
brand identity. Sugarmades business strategy is to launch
BudLife within the single most important worldwide cannabis market,
the U.S. states of California, Washington and Oregon.
Sugarmade and its partner, Plantation Corp., have launched a new
website, www.BudLife.net, which provides information about the
market and the BudLife product line and its technology.
BudLife products, based on patented technology will be launched,
as a new, breakthrough category in intelligent packaging to deliver
all the benefits of preservation and stability to cannabis without
the need for refrigeration. The goal is to establish a unique
paradigm in preservation efficiency and longevity that sets a new
gold standard for the intelligent packaging industry.
Sugarmade and its partner company, Plantation Corp. plan to achieve
this goal by manufacturing and marketing the first intelligent
container system that maintains the medicinal integrity of this
plant for up to six months.
Jimmy Chan, CEO of Sugarmade commented, We believe BudLife
products, which we plan to launch later this year, will represent a
revolution in the storage of cannabis. By enabling storage of
cannabis for up to six months, and perhaps longer, we believe the
market pricing dynamic of cannabis will forever be changed.
Storage will enable cultivators, processors and dispensaries, to
better control the flow of product, and thus the pricing, through
the entire supply chain. Consumers will also be better served
as BudLife will have important features to preserve terpenes and
THC, while also potentially significantly reducing pathogen
growth. As the State of California begins to release draft
requirements, we believe the BudLife product will be the right
product at the right time.
Sugarmade, Inc. is a product and brand marketing company
investing in products and brands with disruptive potential.
Sugarmades brands include CaliGrownSupplies.com,
CarryOutSupplies.com, FreeHand ThumbTray, and Sriracha Seasoning
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.
FORWARD-LOOKING STATEMENTS: This release contains
"forward-looking statements" within the meaning of the safe harbor
provisions of the U.S. Private Securities Litigation Reform Act of
1995. Forward-looking statements also may be included in other
publicly available documents issued by the Company and in oral
statements made by our officers and representatives from time to
time. These forward-looking statements are intended to provide
management's current expectations or plans for our future operating
and financial performance, based on assumptions currently believed
to be valid. They can be identified by the use of words such as
"anticipate," "intend," "plan," "goal," "seek," "believe,"
"project," "estimate," "expect," "strategy," "future," "likely,"
"may," "should," "would," "could," "will" and other words of
similar meaning in connection with a discussion of future operating
or financial performance. Examples of forward looking statements
include, among others, statements relating to future sales,
earnings, cash flows, results of operations, uses of cash and other
measures of financial performance.
Because forward-looking statements relate to the future, they
are subject to inherent risks, uncertainties and other factors that
may cause the Company's actual results and financial condition to
differ materially from those expressed or implied in the
forward-looking statements. Such risks, uncertainties and other
factors include, among others such as, but not limited to economic
conditions, changes in the laws or regulations, demand for products
and services of the company, the effects of competition and other
factors that could cause actual results to differ materially from
those projected or represented in the forward looking
statements.
Any forward-looking information provided in this release should
be considered with these factors in mind. We assume no obligation
to update any forward-looking statements contained in this
report.
For inquiries please contact Jimmy Chan at (888) 982-1628 or
info@Sugarmade.com.