 Sugarmade, Inc. OTCMKTS: SGMD reported Tuesday the closing of the Companys acquisition of a property in Los Angeles that will serve as a new distributiondelivery hub for its Nug Avenue cannabis delivery segment. This follows the companys recent announcement that it has signed a memorandum of understanding to obtain three non-storefront California cannabis licenses from the LA Department of Cannabis Regulation, along with corresponding licenses from the California Bureau of Cannabis Control, which collectively will provide the licensing foundation for the opening of three new cannabis-related commercial operations in California. 