Sugarmade Inc. (SGMD) Continues Commitment to Excellence as Cannabis Bill Creates State Regulatory Framework

Nov 8, 2021

  • Assembly Bill 45 provide clarity for the hemp industry and reassures consumers that products are independently tested and labeled properly
  • Bill allows the sale of hemp-derived extracts that comply with testing and labeling standards
  • SGMD, Nug Avenue committed to providing convenient mobile ordering and online access to its exclusive, quality products

Keeping in line with its reputation for leading the way forward in cannabis acceptance and legislation, California lawmakers and government officials have approved an historic hemp bill (https://cnw.fm/9RsrZ). The bill — Assembly Bill 45 (AB-45) — creates a comprehensive regulatory framework for the manufacture and sale of hemp-derived products in the state. California-based companies that are committed to providing high-quality product and excellent services, such as Sugarmade (OTC: SGMD), welcome the legislation, which went into effect immediately.

“While CBD products are freely found in stores, they are considered ‘adulterated’ under existing California law, which is defined under the Sherman Food, Drug, and Cosmetic Law,” stated…

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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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