Sugarmade Announces Details of BudLife Cannabis Storage
Products
City of Industry, CA -- August 24, 2017 -- InvestorsHub NewsWire
-- Sugarmade, Inc. (OTCQB:SGMD), today announces new
details of its upcoming BudLife product line, the first patented,
container system designed to maintain the integrity of cannabis
during long-term storage. Sugarmade and its manufacturing partner,
Plantation Corp., have been testing several prototype versions of
BudLife over the past few months. The R&D effort and testing
program has proven very successful resulting in the creation of a
unique and near optimal atmospheric packaging environment for
cannabis. This packaging environment helps to preserve THC and
terpenes, and preserves other key attributes of cannabis.
Budlife is now in its 4th generation of prototyping
with maintenance of the controlled vessel environments being held
for several months. The Company plans to launch the first product
from BudLife, a one-pint mason jar based unit designed to hold one
ounce of cannabis.
“BudLife storage technology is super high tech, unique and
strongly protected by multiple U.S. Patents,” said Jimmy Chan, CEO
of Sugarmade. “Cannabis quality has increased a lot over the years,
but maintaining this high level is not an easy task. As quality
slips during storage, so does value. This is why we have created
BudLife. We look forward to being the exclusive distributor of
BudLife products to consumers in arguably the single largest
cannabis market in the world, 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 http://www.BudLife.net.
About Sugarmade, Inc. (OTCQB:SGMD)
Sugarmade, Inc. is a product and brand marketing company
investing in products and brands with disruptive potential.
Sugarmade’s brands include CaliGrownSupplies.com, CarryOutSupplies.com, FreeHand® ThumbTray®, and
Sriracha Seasoning Stix, a revolutionary culinary seasoning
product. For more information on the Company's products, please
visit www.Sugarmade.com.
About Plantation Corp.
Plantation Corp., a Wyoming Company, is a technology-driven
organization with the goal to establish a unique paradigm in
preservation efficiency and longevity that sets a new gold standard
for the intelligent packaging industry. While still a
privately-held corporation, Plantation is currently accepting
investments only from accredited investors. Additional information
can be seen at the new website at http://www.BudLife.net.
For inquiries please contact Jimmy Chan at (888) 982-1628 or
info@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.
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