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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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JACKSONVILLE, FL, March. 6, 2018 (GLOBE NEWSWIRE) — mCig, Inc., (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 on February 26, 2018 The NYAcres Project, a joint venture project between mCig, Inc and the FarmOn! Foundation was granted its Industrial Hemp Agricultural Research Pilot Program License through the Department of Agriculture and Markets in the State of New York. In preparation of receiving the license, the NYAcres Project has been advancing and expanding its infrastructureSEE DETAILS
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JACKSONVILLE, FL, March. 1, 2018 (GLOBE NEWSWIRE) — mCig, Inc. (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 Grow Contractors (GC) division has secured an exclusive extraction management contract with a client in Palm Springs, CA. This facility is eight thousand square feet and will primarily focus on subcritical ethanol extraction. The new state of the art facilities function will be the standard process of distillate extraction used in most disposable vape pen varieties. FurtherSEE DETAILS
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JACKSONVILLE, FL, Feb. 12, 2018 (GLOBE NEWSWIRE) -- mCig, Inc. (MCIG) subsidiary Obitx, Inc. (OBITX) (www.obitx.com), a technology company providing advertising and marketing products and services using digital technologies across the Internet, mobile devices, displays, and other digital mediums, utilizing a proprietary cloud-based social media platform filed its S-1 Registration Statement with the Securities and Exchange Commission (SEC), and is providing an update to its shareholders on the status of the OBITX Spin-Off. On Friday, February 9, 2017, Obitx, Inc. filed an (S-1) registration statement with the Securities and ExchangeSEE DETAILS
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Jacksonville, FL, Jan. 29, 2018 /GLOBE NEWSWIRE/ — mCig, Inc. (MCIG) www.mciggroup.com, an innovative biotech company, which focuses on cannabis-industrial hemp, cannabinoid research, and development, nutraceuticals and pharmaceuticals, today has announced plans to launch an innovatively advanced hemp CBD-based formula for pets. Doctor of Bioengineering and Cardiology at Mt. Sinai Medical Center, Arkady Uryash, will be leading this new initiative in the rapidly expanding sixty-billion-dollar CBD pet industry market. “CBD-based pet products are seeing heightened demand across the globe. Trial studies have shown that CBD oils can help reduce anxiety, inflammation,SEE DETAILS
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Jacksonville, FL, Jan. 24, 2018 (GLOBE NEWSWIRE) -- mCig, Inc. (MCIG) subsidiary OBITX, Inc. (www.obitx.com), a Blockchain Technology Company providing ICO advisory services, blockchain consulting services, and blockchain-related software development, announced today the successful showcase of its partner Krypnetwork ATM (www.krypnetwork.com) at the North American Bitcoin Convention in Miami, FL, resulting in a 12 million commitment by investors in the short span of two days. “What KrypNetwork demonstrated at the conference was not only just how easy and accessible the ATM kiosk will make cryptocurrency to the masses,” voiced ObitxSEE DETAILS
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