Sugarmade IncOOTC SGMD Stock Report

Sugarmade, Inc. engages in the supply of disposable products to the quick-service restaurant sub-sector of the restaurant industry, import and distribution of non-medical personal protection equipment, provision of cannabis products delivery services, and the establishment of selected cannabis and hemp projects. The company is headquartered in Monrovia California, California and currently employs 7 full-time employees. The firm operates through two segments: paper and paper-based products and cannabis products delivery. The paper and paper-based products segment focuses on supply of disposable products to the quick-service restaurant and as an importer and distributor of non-medical personal protection equipment to business and consumers, via its Carry Out Supplies subsidiary. Carry Out Supplies is a producer and wholesaler of custom printed and generic supplies. The primary products are plastic cold cups, paper coffee cups, yogurt cups, ice cream cups, cup lids, cup sleeves, edible packaging, food containers, soup containers, plastic spoons, and similar products. The firm also focuses on investing in cannabis real estate, cultivation, and wholesale sectors vs. cannabis retail operations. The company is also engaged in selected cannabis and hemp projects. Its subsidiaries include SWC Group, Inc., NUG Avenue, Inc., and Lemon Glow Company, Inc.