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![Sugarmade, Inc. (SGMD) Contributes to the Thriving Kentucky Hemp Market](https://pbcdn1.podbean.com/imglogo/image-logo/8013794/TechMediaWire-PodcastCover2_300x300.jpg)
Friday Sep 13, 2019
Sugarmade, Inc. (SGMD) Contributes to the Thriving Kentucky Hemp Market
Friday Sep 13, 2019
Friday Sep 13, 2019
Hemp may be taking the first steps to overtake tobacco as a leading industry in Kentucky.
Sugarmade Inc. (OTCQB: SGMD) is among the companies moving into Kentucky, with a million-dollar investment in hemp growth. Hemp’s national prominence is growing through deals such as Aurora Cannabis Inc.’s (TSX: ACB) (NYSE: ACB) collaboration with United Fighting Championship (UFC). Research work by Tilray Inc. (NASDAQ: TLRY) may involve using hemp to treat a growing range of physical and mental ailments. Curaleaf Holdings Inc. (OTCQX: CURLF) (CSE: CURA) is serving states without a strong, homegrown hemp industry, such as Florida. In addition, companies across the cannabis sector, such as Cronos Group Inc. (TSX: CRON) (NASDAQ: CRON), are diversifying their product ranges as more hemp crops come online.