Balancing California's Upcoming Cannabis Supply and Demand Curve
With Sugarmade's Budlife Cannabis Storage System Product Update
City of Industry, CA -- August 10, 2017 -- InvestorsHub
NewsWire -- With recreational sales of cannabis in California
expected to begin in just a few months, Sugarmade expects a flood
of cannabis to come to market, but Sugarmade also expects demand to
be off the charts. No one really knows for sure what the new
supply/demand dynamic will hold for what is expected to be the
world's largest cannabis market. This is why Sugarmade and
Plantation Corp. have teamed to develop BudLife, the first
patented, container system expected to maintain the integrity of
cannabis during long-term storage.
We are very excited about the recent successes in the lab, which we
believe will allow us to begin production during the fourth quarter
of this year, just in time for the coming California market for
which we hold exclusive license, commented Mr. Jimmy Chan, CEO of
Sugarmade. We are now in our 4th generation of prototypes and
we have been able to maintain the controlled vessel environments
for several months. This meets a major milestone in our
developmental efforts. We look forward to starting marketing
of the products.
The quality of cannabis has risen dramatically over the past few
years and it's clear that premium product keeps consumers happy and
allows growers and distributors to command premium prices.
But, the quality of cannabis degrades quickly, which places the
significant investments made in high quality product production at
risk. BudLife products are design to significantly reduce
this risk and to allow growers and distributors to store and
control the release of their higher quality products at optimal
times in order to maximize profits, thus helping users of BudLife
to shape the cannabis supply and demand curve.
Sugarmade has released a White Paper outlining the BudLife product
line and its potential effects on the cannabis supply and demand
curve. The White Paper, titled, "Cannabis Storage - The
Active Packaging Market Opportunity and Technical Requirements" can
be accessed at http://bit.ly/2sQnqw1.
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 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.
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.
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