mCig, Inc. Announces Partnership with PureQuest Ozone Technologies
JACKSONVILLE, FL, Dec. 03, 2018 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE – mCig Inc., (MCIG), a diversified company servicing the legal cannabis markets, is pleased to announce a partnership between its wholly owned subsidiary, Cannabiz Supply and PureQuest Ozone Technologies, to provide the legal cannabis industry with ozone disinfection systems.
PureQuest Ozone Technologies is a leading provider of ozone technology in the food service and pharmaceutical industries, contracting with several multi-million dollar companies and the federal government. Doing business as CannaPure Ozone Technologies, the joint venture offers cost effective decontamination solutions to legal cannabis producers and processors.
Cannabis is susceptible to a range of fungi, bacteria, viruses, and other contaminants. State regulations require testing for microbes and destruction of product that do not meet specified standards. Many producers destroy a substantial amount of their yields because of failed microbial tests, losing hundreds of thousands of dollars.
Ozone technology is a proven effective disinfection method for the water and air used in cannabis production to disinfect surfaces, equipment, recycling water for reuse, and controlling odor in and around the facility.
CannaPure Ozone Technology products include an ozone air decontamination device, a post-harvest flower and trim decontamination device, and an ozonated water sanitation device. After successful beta testing was completed, many of the companies who helped test the equipment expressed interest in purchasing. Revenue will be generated from selling, leasing, and servicing the equipment.
Paul Rosenberg, CEO, explains the go-to market strategy for CannaPure systems: “mCig’s subsidiary, Cannabiz Supply, already has existing distribution infrastructure servicing the legal cannabis industry nationwide. This gives CannaPure a natural customer base right out of the gates. We anticipate tremendous success with this new offering, as states continue to legalize cannabis and federal legalization becomes more and more likely.”
About MCIG Group (MCIG)
Headquartered in Jacksonville, Florida, mCig, Inc. (MCIG) is a diversified company servicing the legal cannabis, hemp, and CBD markets via its lifestyle brands. mCig, Inc. is committed to being the leading distributor of technology, products, and services to fit the needs of a rapidly expanding industry.
Safe Harbor Statement:
Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Any forward-looking statements contained herein are based on current expectations, but are subject to a number of risks and uncertainties. The factors that could cause actual future results to differ materially from current expectations include, but are not limited to, risks and uncertainties relating to the Company’s ability to develop, market and sell products based on its technology; the expected benefits and efficacy of the Company’s products and technology; the availability of substantial additional funding for the Company to continue its operations and to conduct research and development, and future product commercialization; and the Company’s business, research, product development, regulatory approval, marketing and distribution plans and strategies.
Attn: Chief Executive Officer