Sugarmade
Introduces
New State-of-the-Art
iPower
Cultivation Equipment on Amazon.com
LOS
ANGELES, CA
-- September 10, 2019 -- InvestorsHub NewsWire
-- Sugarmade,
Inc. (OTCQB:SGMD)
("Sugarmade",
"SGMD", or
the "Company"), a
leading
supplier
of
hydroponics
and cultivation
equipment
and resources,
is
excited to introduce
its new line of "iPower"
branded
inline duct ventilation fans.
Designed for durability, high-performance, and affordability, this
advanced equipment for indoor and hydroponic cultivators is
now available
for
immediate purchase on
the Company's website at zenhydro.com
and on
Amazon.com.
"Indoor
and greenhouse cultivation is becoming increasingly
sophisticated,
helping both hobbyists and commercial
cultivators maximize
output regardless of seasonality or weather
conditions,"
commented Jimmy Chan, CEO of Sugarmade. "This sophistication,
along with expanding
mainstream
interest in products
derived from hemp and hemp-related crops in
North America, has
driven increasing interest in both indoor and hydroponics
cultivation, which has helped to foster booming
demand
for related equipment. We have positioned Sugarmade as a leading
supplier of superior quality equipment catering to that
boom. And
our new
line
of iPower
inline
fans represents
the
latest example of our commitment to that standard and
strategy."
Management notes that the
global
indoor farming market is
valued
at more
than $106
billion,
with steady growth anticipated over coming years due to projected
declines in arable land and increasing demand to cultivate newly
legalized cash crops in North America,
suggesting upward demand
pressure
on the indoor and hydroponics cultivation equipment and supplies
market. The
Company also believes the 2018 US Farm Bill, with its positive
implications for hemp-related cultivation, will
drive further growth in expected
demand forecasts
for
indoor and hydroponic cultivation equipment suppliers.
To
meet that expanded demand, the
Company sees ventilation as a core product category in the indoor
and hydroponic cultivation market, on par with advanced lighting
and nutrient resources. In addition to its new
state-of-the-art iPower
inline
ventilation fans, the Company also offers an extensive grow light
product portfolio.
The iPower
inline
fan has
been designed
to produce superior air
flow while optimizing energy
efficiency and
minimizing noise production through
its advanced composite
fan blade and center hub design,
which reduces noise and vibration.
iPower
inline
fans are available
in 4-inch,
6-inch,
or
8-inch
models,
can
be used with or without iPower
carbon
filters and duct ventilation,
and come
packaged in a unique lightweight yet durable
housing.
Mr. Chan
continued,
"We
are confident that the iPower
line
represents
the
superior
choice in the marketplace. iPower
inline
fans provide
strong flexibility in configurations and
include
intelligent programing capabilities.
They make an excellent addition to our growing product
portfolio as we
continue to build a leadership role in catering to a very wide
market footprint, from hobbyist
cultivators all the way through the largest commercial
cultivators."
About Sugarmade and
iPower
Brands
iPower is a
leading manufacturer of grow light systems; supplying gardeners,
worldwide, for over a decade. The product lines use the
transformative power of light to make gardening more efficient and
productive. In addition to HPS/MH and Ceramic MH technology,
iPower
product
offer digital ballasts, fluorescent,
and LED lighting systems. Sugarmade Inc. is a product and brand
marketing company investing in products and brands with disruptive
potential.
For more information, visit the company's website at
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.
Contact:
Jimmy Chan
+1-(888)-982-1628
info@Sugarmade.com