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.
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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Sugarmade, Inc. is a product and branding marketing company. The Company 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 Company also focuses on investing in cannabis real estate, cultivation, and wholesale sectors vs. cannabis retail operations. It is also engaged in selected cannabis and hemp projects. Its subsidiaries include SWC Group, Inc., NUG Avenue, Inc., and Lemon Glow Company, Inc.