Item 7.01 Regulation FD Disclosure.

On March 30, 2022, Sugarmade, Inc. issued a press release with certain business updates, including the execution of definitive agreements to acquire a majority interest in a Hollywood, Los Angeles cannabis delivery hub located on the Sunset Strip, as well as a minority stake in a reservation-only restaurant brand with private event space which is planned to permit cannabis use. The press release is furnished herewith as Exhibit 99.1 to this Current Report on Form 8-K.

The information included in this Item 7.01, including Exhibit 99.1, shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. The information set forth under this Item 7.01 shall not be deemed an admission as to the materiality of any information herein.

Item 9.01 Financial Statements and Exhibits.





(d) Exhibits



Exhibit No.   Description

99.1            Press Release issued by the registrant on March 30, 2022
104           Cover Page Interactive Data File (embedded within the Inline XBRL document)

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