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JACKSONVILLE, FL, Apr 30, 2018 (GLOBE NEWSWIRE via COMTEX) -- mCig, Inc. MCIG,  www.mciggroup.com, a diversified company servicing the legal cannabis markets, announced today that it has officially been awarded three licenses from California City, California, for recreational cannabis cultivation, statewide distribution, and manufacturing. The extremely competitive licensing procedure of California City took in over 300 applications, awarding only 16 licenses at this time, 3 of which belong to MCIG. The property will be developed into a state-of-the-art 30,000 square foot "Smart Greenhouse" cultivation facility by the company's construction subsidiary, GrowSEE DETAILS
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JACKSONVILLE, FL, April 20, 2018 (GLOBE NEWSWIRE) -- mCig, Inc. (MCIG) www.mciggroup.com, a diversified company servicing the legal cannabis markets, announced today that its subsidiary Grow Contractors (GC) has secured a minimum 3 year exclusive management contract with a client in Sacramento, CA. The project is currently underway and is approximately 50% completed. The GC team helped the client to secure all the necessary construction permits as well as the competitive city licenses. GC has provided consulting, engineering and design work for the production and extraction facility, which is projected to generate between 10 to 12 million a year,SEE DETAILS
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Jacksonville, Florida, April 17, 2018 (GLOBE NEWSWIRE) -- mCig, Inc. (MCIG), a diversified company servicing the legal cannabis markets, announced today an update for its joint venture project growing industrial hemp in New York. “We have acquired seed and begun the process of planting a minimum of 40 acres of certified organic hemp.  In order to meet the timeline of our initial harvest in September/October (with additional greenhouse growing) all seeds will be germinated in greenhouses by the end of April and then transplanted outdoors.  The process of moving the plants from the greenhousesSEE DETAILS
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YTD Revenues Increase 168% to $6M and $282K Net Income ($862K as Adjusted) JACKSONVILLE, FL, April 16, 2018 (GLOBE NEWSWIRE) -- mCig Inc., (MCIG), a leading distributor of innovative products, technologies, and services for the global medical cannabis industry, announces its third quarter and year to date results ending January 31, 2018. MCIG recorded $780K in revenue bringing its year-to-date (YTD) total to $6.0 million in revenue, as compared to $2.2 million for the same period last year, an increase of 168%. During the quarter ending January 31, 2018, theSEE DETAILS
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Jacksonville, FL, April 10, 2018 (GLOBE NEWSWIRE) -- mCig, Inc., (MCIG), a leading provider of technologies and solutions for the legal medical and recreational marijuana industry, CEO discusses and outlines the company’s strategy for 2018. Paul Rosenberg, MCIG CEO, begins the announcement by stating, “With the recent growth in our business over the past couple of years we want to take this opportunity to thank our investors and shareholders for your investment and ongoing support in our Company. I feel it is important for us to continue to keep theSEE DETAILS
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