Sugarmade On Sriracha Seasoning Stix
Launch: It's A Major Hit!
City of Industry, CA -- November 10, 2017 -- InvestorsHub
NewsWire -- Sugarmade, Inc. (OTCQB:SGMD),
today comments on its recent product launch of Sriracha Seasoning
Stix, a new culinary seasoning technology, using the real Sriracha
Hot Chili Sauce from Huy Fong Foods, Inc. Thus far, online revenues
on the www.SrirachaStix.com website are significantly
exceeding expectations. Further acceleration in revenue, mainly led
by the Company's Holiday gift packs, is expected as the important
Holiday gift giving seasoning commences.
"We are pleased to announce our Sriracha Seasoning Stix launch
is a tremendous success," commented Mr. Jimmy Chan, CEO of
Sugarmade. "Sriracha Seasoning Stix Holiday gift packages are
already becoming a huge hit with consumers. Online sales are
greatly exceeding our expectations and we are pulling out all the
stops to build inventory to meet the growing holiday season demand.
We expect the positive revenue impact on our Company to be
significant."
Sriracha Seasoning Stix are an innovative way to season meat,
fish, poultry and vegetables from the inside out, using the real
Sriracha Hot Chili Sauce from Huy Fong Foods, Inc. The product is
so unique it has been awarded three U.S. patents. The Stix are made
of seasoning and spices that are formed into a solid stick that is
inserted into food prior to cooking. During the cooking process,
Sriracha Seasoning Stix change from a solid to a liquid, infusing
delicious flavors from the inside out.
In addition to Sriracha Seasoning Stix, the Company is also
marketing several products from the Seasoning Stix product line
also, under license from Seasoning Stixs International, LLC.
Several other products are scheduled to be added to the product
portfolio available online at www.SrirachaStix.com.
Sugarmade filed an important disclosure with the U.S. Securities
& Exchange Commission concerning these events. The filing can
be seen at: https://www.sec.gov/Archives/edgar/data/919175/000152013817000334/sgmd-20171027_8k.htm
About Sugarmade, Inc. (OTCQB:SGMD)
Sugarmade, Inc. is a product and brand marketing company
investing in products and brands with disruptive potential.
Sugarmade is a party to a license with Huy Fong Foods, Inc. and has
an agreement with Huy Fong Foods, Inc. to use the licensed marks
for the limited products and purposes permitted by the license.
Seasoning Stix are protected by three issued U.S. patents, which
are utilized by Sugarmade under agreement from Wyoming-based,
Seasoning Stixs International, LLC. For more information on the
Company's products, please visit http://www.Sugarmade.com. Information on Sriracha
Seasoning Stix can be viewed at http://www.SrirachaStix.com. Information on Huy Fong
Foods, Inc. can be view at www.huyfong.com.
For inquiries please contact Sugarmade at (888) 982-1628 or
info@SrirachaStix.com.
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"forward-looking statements" within the meaning of the safe harbor
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