- SGMD inks MSA with California cannabis micro license holder
- Agreement “lays a foundation for a significantly expanded manufacturing and distribution infrastructure,” says CEO
- Key partnerships are essential pieces of Sugarmade’s focus on California cannabis space
With the recent signing of a management services agreement (“MSA”) (https://cnw.fm/7zHND), Sugarmade (OTC: SGMD) is making key progress toward the goal of strengthening its position in the California cannabis space. SGMD signed the MSA through its subsidiary, SugarRush, which entered into the agreement with Canndis Inc., a California cannabis micro license holder.
Canndis holds a license that covers delivery, manufacturing, distribution and cultivation rights, and the agreement will enable Sugarmade to expand its manufacturing and…
NOTE TO INVESTORS: The latest news and updates relating to SGMD are available in the company’s newsroom at http://cnw.fm/SGMD
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