- A “bear run” in California’s volatile wholesale cannabis market may be over
- “A wholesale turnaround would be welcome news for thousands of growers across the state
- SGMD operates Nug Avenue, a cannabis delivery service located in the Los Angeles metropolitan area
As wholesale cannabis prices increase in California, cannabis companies operating in the state are already seeing improvement (https://cnw.fm/cukxe). One of those companies, Sugarmade (OTC: SGMD), has set its eyes on expanding its end-market access as a central player in the growing California cannabis delivery marketplace while also developing its in-house cannabis production capacity to verticalize operations in the space.
“A bear run in California’s volatile wholesale cannabis market appears to be over,” reported an MJBizDaily article announcing that California wholesale cannabis prices were rebounding. “The price of bulk flower — which…
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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