FinancialNewsMedia.com News Alert: LOS ANGELES, – (http://www.financialnewsmedia.com News Alert) – Sugarmade, Inc. (OTCQB:SGMD) today announces it is in the final stages of preparation for its product launch of Sriracha Seasoning Stix, under its licensing agreement with Irwindale, California-based Huy Fong Foods, Inc., the maker of Sriracha Hot Chili Sauce.
Sriracha Seasoning Stixs are encapsulated Huy Fong Sriracha Sauce and other seasonings in the form of a “stick” which are inserted into meat, fish and poultry prior to cooking. Sriracha Seasoning Stixs are a hard solid at room temperature, but as heat is applied the sticks begin to liquefy allowing the meat fibers to act like a sponge absorbing all the delicious Sriracha flavors.
“We could not be more excited about our upcoming Sriracha Seasoning Stix launch,” commented Jimmy Chan, CEO of Sugarmade. “Thus far, interest is off the charts with our website already receiving more than 60,000 sign ups for free shipping and our offer for free samples exceeding capacity on the first day. We think the culinary world is in for a seriously delicious treat with Sriracha Seasonings Stix.” Read this and more news for SGMD at: http://financialnewsmedia.com/profiles/sgmd.html
This week, Sugarmade committed to a lease on a fully licensed commercial manufacturing facility in conjunction with its partner in this venture, Seasoning Stix International, LLC, with move in occurring over the next few days. State of the art manufacturing equipment has been acquired and the process of shipment and installation has begun.
Mr. Chan continued, “For the past few months, we struggled with finalizing the unique, state of the art manufacturing process and locating a licensed production facility. We have now solved these issues, enabling us to accelerate our timetable. As a result, we expect to begin production of Sriracha Stix and other Seasoning Stix blends as soon as the installation process is complete.”
About Sugarmade, Inc. (OTCQB:SGMD)
Sugarmade, Inc. is a product and brand marketing company investing in products and brands with disruptive potential. Sugarmade’s brands include CarryOutSupplies.com, Sugarmade Tree Free Paper, FreeHand ThumbTray…