SugarMade, Inc. announced that effective April 29, 2013, the company has appointed Clifton Leung as the Chief Executive Officer of the Company. Mr. Leung is also currently a member of the Board of Directors of the Company. In addition, Mr. Leung was the original President and CEO of the Company's wholly-owned subsidiary, Sugarmade, Inc. The company also announced that effective April 29, 2013, Scott Lantz resigned as the Chief Executive Officer.

Mr. Lantz continues in his role as President and a member of the Board of Directors.