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What’s Going On With Sugarmade Inc (OTCMKTS:SGMD)?



Sugarmade Inc (OTCMKTS:SGMD) reported notable performance for the Black Friday Weekend for its Sriracha Seasoning Stix, utilizing the real “Sriracha” Hot Chili Sauce. New sales records were posted with revenues continuing to grow moving into Cyber Monday. Hence, the company is bringing in all personnel to help with massive shipments that will require to go out each day.

The details

Jimmy Chan, the CEO of Sugarmade, reported that all of them at company are projecting a massive holiday season for their Sriracha Seasoning Stix. They are surpassing all records on their site at Their four blend gift packages marks as a remarkable hit for those seeking for a unique Christmas gift for their preferred Foodie or Sriracha lover and their Stix inserter by now is on back order for later delivery.

Chan added that it is quite early to estimate sales levels for the upcoming holiday season, however,Swiss Replica Watches at this rate it is expected to have a substantial positive impact on their December quarter. Fortunately, the company is prepared for high volume shipments and they have been able to meet fulfillment with minimal additional temporary staff. As an outcome of brisk web sales, Sugarmade is continuing to grow inventory in expectation of sales growing further as the core of the Christmas sales season approaches closer.

Sugarmade reported that Sriracha Seasoning Stix marks as a unique means to season meat, poultry, vegetables and fish from the inside out, utilizing the real Sriracha Hot Chili Sauce. The product is so innovative that it has been awarded as many as three U.S. patents. The Stix are formulated of spices and seasoning that are made into a solid stick and then inserted into food before cooking. During the cooking course, Sriracha Seasoning Stix alters to a liquid form from solid, infusing delicious tastes from the inside out.

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