 MONROVIA, Calif., Feb. 12, 2021 GLOBE NEWSWIRE -- via InvestorWire Sugarmade, Inc. OTC:SGMD Sugarmade, SGMD or the Company, an innovator in the dynamic California cannabis scene, today announces it is launching a new business initiative for the licensed delivery of cannabis products to consumers in the Los Angeles metropolitan area. Via a definitive agreement closed on Feb. 8, 2021, the Company has acquired a 70 stake in the Lynwood, California, operations of Nug Avenue, a California corporation. 