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![Sugarmade, Inc. (SGMD) Providing Hydroponics to Flourishing Hemp Market](https://pbcdn1.podbean.com/imglogo/image-logo/8013794/TechMediaWire-PodcastCover2_300x300.jpg)
Friday Aug 30, 2019
Sugarmade, Inc. (SGMD) Providing Hydroponics to Flourishing Hemp Market
Friday Aug 30, 2019
Friday Aug 30, 2019
With a powerhouse economy worth more than $3 trillion, California’s economy ranks as the fifth largest in the world. Current legislation is expected to pave the way for the state’s hemp market to explode.
With a series of smart acquisitions and brand expansions, Sugarmade Inc. (OTCQB: SGMD) appears to be a strong pick-and-shovel presence as California looks at passing hemp-friendly legislation. Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) just announced a new hemp-based acquisition, while Greenlane Holdings Inc. (NASDAQ: GNLN) and The Green Organic Dutchman (TSX: TGOD) (OTCQX: TGODF) (TGOD Profile) have both inked deals that strengthen their presence in the hemp industry as well. KushCo Holdings Inc. (OTCQX: KSHB), another industry supplier, just created a new sales division aimed at mass distribution, industry education and compliance, and building CBD-brand distribution networks.