CITY OF INDUSTRY, California, November 27, 2017 /PRNewswire/ —
Sugarmade, Inc. (SGMD) today announces significant success for the Black Friday Weekend for Sriracha Seasoning Stix, a new culinary seasoning technology, using the real Sriracha Hot Chili Sauce from Huy Fong Foods, Inc. Over the weekend, new sales records were achieved with revenues continuing to build moving into Cyber Monday. As a result, Sugarmade is bringing in all staff to assist with the hundreds of shipments that will need to go out each day.
“All of us at Sugarmade are expecting a huge Holiday season for Sriracha Seasoning Stix and Seasoning Stix. We are breaking all records on our site at http://www.SrirachaStix.com,” commented Jimmy Chan, CEO of Sugarmade. “Our four blend gift packages are a big hit for those looking for an innovative Christmas gift for their favorite Sriracha lover or Foodie and our Stix inserter is already on back order for later delivery. It’s too early to predict sales levels for the holiday season, but at this rate it will have a significantly positive impact on our December quarter. Fortunately, we are set up for high volume shipments and we have been able to keep up with fulfillment with only minimal additional temporary staff.”
As a result of brisk online sales, the Company is continuing to build inventory in anticipation of sales building further as the heart of the Christmas sales season moves closer.
Sriracha Seasoning Stix are an innovative way to season meat, fish, poultry and vegetables from the inside out, using the real Sriracha Hot Chili Sauce from Huy Fong Foods, Inc. The product is so unique it has been awarded three U.S. patents. The Stix are made of seasoning and spices that are formed into a solid stick that is inserted into food prior to cooking. During the cooking process, Sriracha Seasoning Stix change from a solid to a liquid, infusing delicious flavors from the inside out.
In addition to Sriracha Seasoning Stix, the Company is also marketing several products from the Seasoning Stix product line also, under license from Seasoning Stixs International, LLC. Several other products are scheduled to be added to the product portfolio available online at http://www.SrirachaStix.com.
About Sugarmade, Inc. (SGMD)
Sugarmade, Inc. is a product and brand marketing company investing in products and brands with disruptive potential. Sugarmade is a party to a license with Huy Fong Foods, Inc. and