Sugarmade Announces BudLife
Intelligent Cannabis Container System White Paper
City of Industry, Calif., June 27, 2017 - Sugarmade, Inc.
(OTCQB:SGMD),
today announces the publication of a White Paper on intelligent
cannabis storage and its upcoming product, BudLife, the first
container system expected to maintain the integrity of cannabis for
up to six months.
Medical Marijuana is currently being dispensed through a wide
variety of legacy packaging methods, including various types of
bottles and bags. None of these packaging methods are capable of
defeating infectious bacteria or disease, nor do they increase
shelf life or help to maintain potency. Sugarmade, Inc, (OTCQB:SGMD)
and its partner, Plantation Corp, are the pioneers and innovation
leaders in the development of intelligent container systems
customized to meet the special needs of the fast growing legal
cannabis industry. The mission is to create, manufacture and
market the first container system that maintains the integrity of
this plant for up to six months. Called BudLife, this
patented product represents a quantum breakthrough in the science
of marijuana preservation and delivery.
Jimmy Chan, CEO of Sugarmade commented, We have posted the new
White Paper to inform our investors on the progress we have made on
the Intelligent Cannabis Container System and to inform the
industry about the market dynamics of cannabis storage.
Protected by strong patents, the cannabis container systems being
developed will be unique, and cannot be copied or replicated by a
competitor. Sugarmade has been exclusively granted exclusive
distribution of the products to what the Company believes is the
single largest cannabis consumer market, the U.S. states of
California, Oregon and Washington.
The White Paper, titled, Cannabis Storage The Active Packaging
Market Opportunity and Technical Requirements can be accesses at
http://bit.ly/2sQnqw1. Additional information
can be seen at the new website at www.BudLife.net.
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.