CITY OF INDUSTRY, California, December 12, 2017 /PRNewswire/ --
Sugarmade, Inc. (OTC: SGMD)today announces an important step toward the introduction of the patented, BudLife™ cannabis storage system. The Company has entered live prototype testing of cannabis flowers in various versions of BudLife™, the first container system that maintains
"This week we effectively put these cannabis samples to sleep in modified, optimal atmospheres within the containers. We will closely monitor the samples over the coming days in order to determine the effects. Thus far, results in the laboratory have been impressive and we aim to replicate such results within our live testing environment. The samples are being stored in conditions similar to how we believe consumers would also store cannabis. With the California marketing opening to recreational purchases in only one month, we believe this final prototype testing is optimally timed," commented Jimmy Chan, CEO of Sugarmade.
After many iterations and modifications to the patented technologies, Plantation, Corp., which is Sugarmade's manufacturing partner, has come up with what it believes is the optimum storage atmosphere for cannabis flowers. BudLife™ products will preserve the important properties of cannabis - THC levels, terpene quality, and trichome structure, along with aroma and feel.
"We are honored to be the exclusive distributor for BudLife™ products for the single largest cannabis market in the world, the U.S. states of California, Oregon and Washington," continued, Mr. Chan. "We believe this breakthrough is really important. With the growing glut of cannabis flowers in the marketplace, storage will be more critical than ever. As the California market opens up, we expect to see even more cannabis hit the market. We plan to help the cannabis industry deal with this supply issue via high quality preservation and storage products. We look forward to releasing pricing and final versions, and to begin to take pre-orders for these patented and trade secret protected products. We urge all of our investors to visit http://www.budlife.net to review this groundbreaking cannabis storage technology."
The quality of cannabis has risen dramatically over the past few years and it's clear that premium product keeps consumers happy and allows growers and distributors to command premium prices. But, the quality of cannabis degrades quickly, which places the significant investments made in high quality product production at risk. BudLife™ products are design to significantly reduce this risk and to allow growers and distributors to store and control the release of their higher quality products at optimal times in order to maximize profits, thus helping users of BudLife™ to shape the cannabis supply and demand curve.
Additional information can be seen at the new website at http://www.BudLife.net.
About Sugarmade, Inc. (OTC:SGMD)
Sugarmade, Inc. is a product and brand marketing company investing in products and brands with disruptive potential. Sugarmade's brands include CaliGrownSupplies.com, CarryOutSupplies.com, FreeHand ThumbTray, and Sriracha Seasoning Stix, a revolutionary culinary seasoning product. For more information on the Company's products, please visit http://www.Sugarmade.com.
About Plantation Corp.
Plantation Corp., a Wyoming Company, is a technology-driven organization with the goal to establish a unique paradigm in preservation efficiency and longevity that sets a new gold standard for the intelligent packaging industry. While still a privately-held corporation, Plantation is currently accepting investments only from accredited investors. Additional information can be seen at the new website at http://www.BudLife.net.
FORWARD-LOOKING STATEMENTS: This release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements also may be included in other publicly available documents issued by the Company and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management's current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "would," "could," "will" and other words of similar meaning in connection with a discussion of future operating or financial performance. Examples of forward looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance.
Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause the Company's actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. Such risks, uncertainties and other factors include, among others such as, but not limited to economic conditions, changes in the laws or regulations, demand for products and services of the company, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward looking statements.
Any forward-looking information provided in this release should be considered with these factors in mind. We assume no obligation to update any forward-looking statements contained in this report.
For inquiries please contact Jimmy Chan at +1(888)982-1628 or info@Sugarmade.com .
SOURCE Sugarmade, Inc.
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