Sugarmade, Inc. (SGMD)

OTCMKTS · Delayed Price · Currency is USD
0.0001
-0.0002 (-66.67%)
Apr 29, 2025, 10:13 AM EDT
-98.67%
Market Cap 6.60K
Revenue (ttm) 4.95M
Net Income (ttm) -7.77M
Shares Out 65.98M
EPS (ttm) -0.14
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 350
Average Volume 11,690
Open 0.0001
Previous Close 0.0003
Day's Range 0.0001 - 0.0001
52-Week Range n/a
Beta -28.70
RSI 42.42
Earnings Date May 22, 2025

About Sugarmade

Sugarmade, Inc. engages in the paper and paper-based products business in the United States. It operates through three segments: Paper and Paper-Based Products, Non-Medical Supplies, and Cannabis Products Delivery Service and Sales. The company also produces and wholesales custom printed and generic supplies, such as plastic cold cups, paper coffee cups, yogurt cups, ice cream cups, cup lids, cup sleeves, edible packaging, food containers, soup containers, plastic spoons, and other related products to quick-service restaurants. In addition, it ... [Read more]

Sector Materials
Founded 2009
Employees 7
Stock Exchange OTCMKTS
Ticker Symbol SGMD
Full Company Profile

Financial Performance

In 2022, Sugarmade's revenue was $4.72 million, an increase of 18.52% compared to the previous year's $3.98 million. Losses were -$11.07 million, 86.8% more than in 2021.

Financial Statements

News

Sugarmade Appoints New Board and Audit Committee Member Following Binding LOI to Acquire $70M in Real Estate and Launch Multimedia Flex Space Brand

NEW YORK , March 2, 2023 /PRNewswire/ -- Sugarmade, Inc. (OTC Pink: SGMD) ("Sugarmade," "SGMD" or the "Company"), a product and branding marketing company investing in operations and technologies with...

2 years ago - PRNewsWire

Sugarmade Executes Binding LOI to Create Dynamic New PubCo Targeting Hospitality, Entertainment, and Multimedia Production Markets

Proposed Transaction involves $70 million in real estate holdings and the launch of new state-of-the-art multimedia flex space brand, TheMediaBox NEW YORK , Feb. 23, 2023 /PRNewswire/ -- Sugarmade, In...

2 years ago - PRNewsWire

Sugarmade (SGMD) Issues Shareholder Letter and 2023 Corporate Update

NEW YORK, Feb. 15, 2023 (GLOBE NEWSWIRE) -- via InvestorWire -- Sugarmade, Inc. (OTC Pink: SGMD) (“Sugarmade,” “SGMD” or the “Company”), a product and branding marketing company investing in operation...

2 years ago - GlobeNewsWire

Sugarmade Signs Management Services Agreement for Cannabis Product Manufacturing, Distribution, Delivery Licensing and Facility Management Ahead of First Harvest at Its Partner's Farm

NEW YORK, Aug. 22, 2022 (GLOBE NEWSWIRE) -- via InvestorWire – Sugarmade, Inc. (OTC Pink: SGMD) ("Sugarmade" or the "Company"), an emerging leader in the licensed cannabis sector, is pleased to announ...

2 years ago - GlobeNewsWire

Sugarmade Announces Fully Executed LOI Toward Minority Stake Acquisition of Turnkey Cannabis Cultivation Property

LOI provides for substantial stake in turnkey property, licensing, operations and associated equipment LOI provides for substantial stake in turnkey property, licensing, operations and associated equi...

3 years ago - GlobeNewsWire

Sugamade Executes on Its Collaborative Cannabis Cultivation Strategic Model - Enters the ‘Fresh Frozen' Cannabis Market via Contract Cultivation Contract with Cannabis Global, Inc.

NEW YORK, May 04, 2022 (GLOBE NEWSWIRE) -- via InvestorWire – Sugarmade, Inc. (OTC Pink: SGMD) ("Sugarmade", "SGMD" or the "Company"), an emerging leader in the licensed cannabis sector, today announc...

3 years ago - GlobeNewsWire

Cannabis Global Commences "Fresh Frozen" Supply Contract with Sugarmade Inc.

LOS ANGELES, CA / ACCESSWIRE / May 3, 2022 / Cannabis Global, Inc. (OTC PINK:CBGL), Cannabis Global, Inc., a licensed Los Angeles-based manufacturer and distributor in the cannabis sector, today annou...

3 years ago - Accesswire

Sugarmade (SGMD) Issues Shareholder Letter and Corporate Update

NEW YORK, May 02, 2022 (GLOBE NEWSWIRE) -- via InvestorWire – Sugarmade, Inc. (OTC Pink: SGMD) ("Sugarmade", "SGMD" or the "Company") an emerging leader in the licensed cannabis sector, is pleased to ...

3 years ago - GlobeNewsWire

Sugarmade Expands Cannabis Delivery Business and Launches Innovative Distribution Model with Dining Partnership

Fully Executed Agreements establish new hub for cannabis delivery in Hollywood Hills as well as partnership in popular restaurant trend as exclusive provider for on-site cannabis event space Fully Exe...

3 years ago - GlobeNewsWire

Sugarmade Exploring Potential Move into Omakase Sushi and Cannabis Venture Space in West Hollywood LA

Company exploring new cannabis delivery hub potential linked to thriving omakase restaurant trend Company exploring new cannabis delivery hub potential linked to thriving omakase restaurant trend

3 years ago - GlobeNewsWire

Sugarmade To Enter Rare Cannabinoid Market Via License Agreement For Patented THC-V Rich Chemovars

Cannabis company Sugarmade, Inc. (OTCPK: SGMD) signed a binding letter of intent with GenCann, Inc. a licensor for a set of cannabis chemovars particularly rich in cannabinoid tetrahydrocannabivarin (...

3 years ago - Benzinga

Sugarmade Signs Binding LOI to Enter Rare Cannabinoid Market via License Agreement for Patented THC-V Rich Chemovars

NEW YORK, Jan. 24, 2022 (GLOBE NEWSWIRE) -- via InvestorWire – Sugarmade, Inc. (OTC Pink: SGMD) ("Sugarmade", "SGMD" or the "Company") an emerging leader in the licensed cannabis sector, is pleased to...

3 years ago - GlobeNewsWire

Sugarmade's Lemon Glow Subsidiary Signaled to Move Forward with Cultivation Permit Process at 640 Acre Property by County Regulators

NEW YORK, Nov. 05, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Sugarmade, Inc. (OTCMKTS:SGMD) (“Sugarmade”, “SGMD” or the “Company”) an emerging leader in the vertically integrated California cannabis...

3 years ago - GlobeNewsWire

Sugarmade Snags Licenses For 3 New Cannabis Delivery Hubs In L.A.

California cannabis marketplace company Sugarmade, Inc. (OTC:SGMD) has signed a definitive agreement to obtain three non-storefront cannabis licenses in the Los Angeles area. Each license allows for t...

3 years ago - Benzinga

Sugarmade Signs Definitive Agreement to Acquire California Cannabis Licenses to Provide for the Opening of Three New Vertically Integrated Nug Avenue Locations

NEW YORK, Aug. 31, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- Sugarmade, Inc. (OTCMKTS:SGMD) (“Sugarmade,” “SGMD,” or the “Company”), an emerging leader in the vertically integrated cannabis marketp...

3 years ago - GlobeNewsWire

Sugarmade Acquires Los Angeles Property To Serve As New Nug Avenue Cannabis Delivery Hub

Sugarmade, Inc. (OTCMKTS: SGMD) reported Tuesday the closing of the Company's acquisition of a property in Los Angeles that will serve as a new distribution/delivery hub for its Nug Avenue cannabis de...

4 years ago - Benzinga

Sugarmade Announces Closing of Acquisition of New Property to Serve as Second Licensed LA Nug Avenue Delivery Hub

NEW YORK, Aug. 17, 2021 (GLOBE NEWSWIRE) -- via InvestorWire - Sugarmade, Inc. (OTCMKTS: SGMD) (“Sugarmade”, “SGMD”, or the “Company”), an emerging leader in the vertically integrated cannabis marketp...

4 years ago - GlobeNewsWire

Sugarmade Updates Recent Acquisition of Cannabis Cultivation Property

Lemon Glow Property Capable of Estimated 64 Tons in Annual Cannabis Flower Production Lemon Glow Property Capable of Estimated 64 Tons in Annual Cannabis Flower Production

4 years ago - GlobeNewsWire

Sugarmade Provides Shareholder Update: Nug Avenue Operational Growth, Implementation of New Licenses, and Potential Expansion into Oregon Cannabis Delivery Marketplace

NEW YORK, July 22, 2021 /PRNewswire/ -- Sugarmade, Inc. (OTCMKTS: SGMD) ("Sugarmade", "SGMD", or the "Company"), an emerging leader in the vertically integrated cannabis marketplace based in Californi...

4 years ago - PRNewsWire

Sugarmade Closes Lemon Glow Acquisition, Gaining Cannabis Property Capable of 64 Tons of Cannabis Flower Production Per Annum

NEW YORK, May 17, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Sugarmade, Inc. (OTCMKTS: SGMD) (“Sugarmade”, “SGMD”, or the “Company”) is pleased to announce the signing of a Definitive Agreement (the ...

4 years ago - GlobeNewsWire

Sugarmade Signs Binding LOI to Acquire Cultivation Operation with Potential for 64 Tons of Cannabis Flower Production Per Annum

NEW YORK, April 01, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- Sugarmade, Inc. (OTCMKTS:SGMD) (“Sugarmade,” “SGMD” or the “Company”) is excited to announce the signing of a Binding Letter of Intent ...

4 years ago - GlobeNewsWire

Sugarmade Issues Corporate Update

NEW YORK, March 25, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Sugarmade, Inc. (OTCMKTS: SGMD) (“Sugarmade”, “SGMD”, or the “Company”) is pleased to issue the following update on operations, includin...

4 years ago - GlobeNewsWire

Sugarmade Closes Definitive Agreement to Acquire Majority Stake in Nug Avenue, Entering the Hyper-Growth Los Angeles Cannabis Delivery Market

MONROVIA, Calif., Feb. 12, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Sugarmade, Inc. (OTC:SGMD) (“Sugarmade,” “SGMD” or the “Company”), an innovator in the dynamic California cannabis scene, today a...

4 years ago - GlobeNewsWire

Sugarmade Issues Letter to Shareholders on Verticalization, Expansion and the Path Ahead in 2021

MONROVIA, Calif., Jan. 06, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Sugarmade, Inc. (OTCMKTS:SGMD) (“Sugarmade” or the “Company”) is pleased to issue the following Letter to Shareholders:

4 years ago - GlobeNewsWire