(OTCMKTS: SGMD)

Legislation to legalize marijuana at the federal level will be teed up for a House floor vote as soon as next week.

The House Rules Committee announced Thursday that it will hold a hearing regarding the bill on Monday, which is the final step before consideration on the floor.

House leaders also placed the measure on a list of bills expected to be considered on the House floor next week.

Source: https://thehill.com/homenews/house/599667-marijuana-legalization-bill-nears-house-floor-vote-next-week

Sugarmade Inc. (OTC: SGMD) is a product and brand marketing company investing in operations with disruptive or hyper growth potential. We are headquartered in Monrovia, California, a suburb of Los Angeles. The company's core strategic plan is centered on expanding its end-market access as a central player in the growing California cannabis delivery marketplace while developing its in-house cannabis production capacity to verticalize operations in the space. Through a combination of organic growth and strategic acquisitions, Sugarmade intends to develop a full farm-to-door vertically integrated cannabis business. Our Cannabis portfolio includes CarryOutsupplies.com, SugarRush, NUG Avenue, Lemon Glow and Budcars. In addition, we are also a producer and wholesaler of custom printed and generic supplies for quick-service restaurants. https://www.otcmarkets.com/stock/SGMD/profile

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