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JACKSONVILLE, FL , Oct. 01, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE - mCig, Inc. (MCIG), a diversified company servicing the legal cannabis markets, updates their shareholders on the latest developments: California City The California City cultivation project (CALAcres) reached a milestone last week by completing the environmental review, a significant part of the pre-construction process. After completion of an engineering package, mCig will file for a construction permit and then break ground. Once construction begins, operations will start immediately by utilizing portable buildings during construction of the permanent facility. ThisSEE DETAILS
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Net Sales increase to $7.1 million, a 66% year-to-year increase Adjusted Net income grew from $32K in 2017 to $975K in 2018 Current assets increase by $900K Jacksonville, Florida-- (Marketwired – August 31, 2018) – mCig Inc., (OTCQB: MCIG), mCig, Inc. ( OTCQB : MCIG ), a diversified company servicing the legal cannabis markets, announced today is pleased to announce highlights of its year-end financial results as recorded in its recently filed Form 10K. The Company continues to maintain a strong balance sheet and significant cash position securing its ongoingSEE DETAILS
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Jacksonville, FL, Aug. 22, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- mCig, Inc. ( OTCQB : MCIG ), a diversified company servicing the legal cannabis markets, announced today that as a result of its expansion of services during the past year, the annual report on Form 10-K was delayed. mCig expects to file its Form 10-K shortly with an audit report from its independent registered public accountants. While we appreciate shareholders’ patience with regards to MCIG’s soon to be released filing, we felt it necessary to provide an update inSEE DETAILS
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JACKSONVILLE, FL, Aug. 20, 2018 (GLOBE NEWSWIRE) -- mCig, Inc. (MCIG), a diversified company servicing the legal cannabis markets, announced today that it will begin harvesting its first crop of organic hemp from NYAcres in two to three weeks time. To oversee the harvest and curing process, MCIG brought on Chadd McKeen , co-author of Idiots Guide: Growing Marijuana and founding partner at Canna Mana Trading Company. With over 12 years of experience in cannabis cultivation, Mr. McKeen will be onsite to jump-start the post-grow process, from the actual mechanics of theSEE DETAILS
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Forbes Estimates CBD Market at $2.1 to $3 Billion by 2020 Jacksonville, FL, Aug. 14, 2018 (GLOBE NEWSWIRE) -- mCig, Inc. (MCIG), a diversified company servicing the legal cannabis market, announced today that the company has launched a CBD Pet Products line, Artax, as well as a new e-commerce CBD market, https://www.CBD.Biz/. “We are excited to launch our premiere CBD product line for pets. These new products have been in the works for some time as we realize the growth of the pet market and its importance to the domesticSEE DETAILS
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Jacksonville, FL, July 09, 2018 (GLOBE NEWSWIRE) -- mCig, Inc. (MCIG), a diversified company servicing the legal cannabis markets, announced today an update for its HEMP project and new line of CBD products, soon to be hitting the markets. “NYAcres Project growing 40 acres of Industrial Hemp- a CBD concentrated organic variety called Cherry Wine - is on target with projections to yield 55,000 pounds of flower for production of organic CBD oil. Five fields are planted and secured on the 220-acre organic certified farm with daily maintenance and irrigationSEE DETAILS
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JACKSONVILLE, FL, June 20, 2018 (GLOBE NEWSWIRE) -- mCig, Inc. (OTC Markets: MCIG) (www.mciggroup.com), a leading distributor of innovative products, customized packaging solutions, technologies, and services for the global medical cannabis industry, announced today that its construction and consulting division has secured yet another exclusive management contract with a client in Costa Mesa, CA, bringing its total to three cultivation and manufacturing facilities in cannabis.  MCIG’s construction and consulting division will now be overseeing operations throughout California in Palm Springs, Sacramento and Costa Mesa.  Under terms of the new management agreementSEE DETAILS
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Jacksonville, FL., June 7, 2018 (GLOBE NEWSWIRE) -- mCig, Inc., (OTCQB: MCIG), a leading provider of technologies and solutions for the legal medical and recreational marijuana industry, is pleased to provide an update on its 40-acre industrial hemp project in New York. This spring, NYAcres propagated 80,000 industrial hemp seeds with FarmOn! Foundation in Copake NY projecting 55,000 pounds of processable flower for CBD extraction to sell as an ingredient for white label products demanding hemp oil and promoting it's benefits. Since sprouting seeds NYAcres is currently planting 40 acresSEE DETAILS
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JACKSONVILLE, FL, June 1, 2018 (GLOBE NEWSWIRE) — mCig, Inc. (MCIG) www.mciggroup.com, a diversified company servicing the legal cannabis markets is pleased to announce they have closed escrow on the purchase of a 2.5 acre parcel in California City, CA. MCIG’s agriculture division, with its Hemp farms in New York will soon expand from sea-to-sea with cultivating, extracting, and distribution operations in both New York and California. MCIG has begun the planning of an indoor cultivation facility to produce high quality, "California-Style" cannabis products after receiving three of the seven recreationalSEE DETAILS
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JACKSONVILLE, FL, May 22, 2018 (GLOBE NEWSWIRE) -- mCig, Inc. (MCIG), a leading distributor of innovative products, technologies, and services for the global medical cannabis industry is pleased to announce that it’s STARTUP Supply Division reached $1.5M in sales during its first year of operations. MCIG’s supply division has become the “goto” organization for supplies needed in support of the recreational and medical cannabis movement in Nevada. With a well-developed infrastructure headquartered in Las Vegas, Cannabiz Supply, MCIG’s supply division operational entity, recently expanded operations into Southern California and isSEE DETAILS
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