Sugarmade, Inc. (SGMD) Investment in Hemp Set for Payoff with Vote on 2018 Farm Bill
Dec 14, 2018
With floor votes passing this week in the House of Representatives and the Senate, the chances that the Farm Bill – H.R.2, the Agriculture Improvement Act of 2018 – will be law before Yuletide have improved considerably. Such a development augurs well for Sugarmade, Inc. (OTCQB: SGMD), a company focused on supplying equipment and technologies to support the legal cultivation, processing and storage of cannabis and other agricultural products, which recently made a substantial investment in the hemp space. The 2018 Farm Bill includes provisions to unshackle hemp from restrictions imposed by the Control Substances Act of 1970 and the Marihuana Tax Act of 1937.
Things are looking up for the hemp industry. On Monday, December 10, Senate Majority Leader Mitch McConnell (R-KY) tweeted…
More from NetworkNewsWire
Golden Developing Solutions, Inc. (DVLP) Seeks to Make the Cannabis World a Bit Smaller through Newly Launched Software Division, GreenerGrows.org Spectrum Global Solutions, Inc. (SGSI) Revenues Tracking More than $33 Million Annually, Up from Zero in Early 2017 Earth Science Tech, Inc. (ETST) Announces that New CBD/Propovit Throat Spray Formula is Close to Market-ReadyAbout NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive instant SMS alerts, text STOCKS to 77948
For more information, please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
[email protected]
More News
'It's rough out here': Americans struggle with rising inflation
US inflation continues to rise, and this month the jump was above forecasts. Here's how some are surviving.
Toilet paper and secret recorders: What we know about the arrest of the Saudi OpenAI engineer
Abdulrahman Alfozan had worked for the AI giant for more than a year before he was arrested by the FBI.
Federal Judge Again Blocks Trump’s Ban on CNN, MS NOW and Politico
The ruling will allow the outlets to enter the White House grounds while they sue to overturn the ban. But it doesn’t resolve all of their access problems.
China’s Exports Soar, Putting Its Trade Surplus on Track for a Record
China’s exports grew last month at the fastest pace in almost any month since the end of the global financial crisis.
US inflation rises more than expected - here's what is happening with prices
The pace of price rises increased to 3.7% in the year to September, driving by higher motor fuel costs.
5 Costs Americans Are Paying More for as Inflation Rises
Consumers are paying more for everyday goods and services, like food, computers and streaming.
Social Security COLA for 2027 Will Be 3.6%
The cost of living adjustment, or COLA, for next year will be the largest since 2023. Retirees will see the extra money in their benefit checks starting in January.
Gas Prices Are Up 34% From a Year Ago, Adding to Inflation Pressures
Energy prices have surged since the start of war with Iran, lifting inflation in the United States.
Rising Costs Push Necessities Out of Reach for Nearly Half of Americans
Inflation has made basic goods hard to afford and attitudes toward inequality have changed, studies from the Pew Research Center showed.
Driving test waits fall to two-year low - but still average 20 weeks
Learner drivers in September had to wait an average of 19.7 weeks, or around five months, for a practical test.
Musk Blames Tycoon for Stalling Satellite Internet Access in India
As Starlink seeks permission to operate in India, a recent protest in New Delhi showed how quickly authorities can cut off mobile internet access.
Hollywood Agents and Producers Push to Restore Glory Days of Indie TV
A new alliance seeks legislation to force the biggest entertainment and streaming companies to devote half of their content budgets to independent producers in the U.S.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.