mCig, Inc. (MCIG)

mcigmCig, Inc. is a technology company that focuses on the development, manufacture, and distribution of portable vaporizers such as mCig 2.0, VitaCig, Vapolution 2.0, and other vaporizing products. The company, formerly known as LifeTech Industries, Inc., was founded in 2010 and changed its name to mCig, Inc. in August 2013.

As more states are currently following the lead of Colorado and Washington in legalizing marijuana, the Washington-based mCig, Inc. firmly believes that the well-regulated marijuana industry is emerging. A similar trend is developing within the electronic vaporizing cigarette (eCig) industry. Analysts estimate that the sales of electronic cigarettes may rise to $10 billion over the next 3 years from $1 billion in 2013.

After recognizing the opportunity in the rapidly-growing legal marijuana industry, mCig, Inc. developed a consumer product that would solve a gap in the market right at the intersection of marijuana legalization trend and increased eCig usage trend.

Utilizing its extensive experience in the field of vaporization and water filtration, mCig, Inc. engineered and designed the mCig, which is a consumer device modeled after the electronic cigarette. Unlike traditional eCigs, however, mCig was created for heating of a variety of loose leaf herbs. This design is opposed to the traditional eCigs that are typically pre-packaged with vapor or plant materials. Basically, mCig allows the consumption of plant materials preferred by consumers.

The innovative design utilized by mCig, Inc. positions the company to be the leading device for the consumption of tobacco and other herbs, including legalized marijuana. Through the company’s wholly owned subsidiary VitaCig, mCig, Inc. has harnessed the technology of vaporization for medical application.

mCig, Inc., trading in the OTC market under the stock symbol MCIG, aims to create shareholder value by making the mCig a leading choice for electronic consumption of plant materials, oils, and waxes.


Yahoo! Finance: MCIG News

Latest Financial News for MCIG

mCig Launches Advanced Labeling Capabilities

JACKSONVILLE, FL, June 13, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE --  mCig, Inc. (MCIG) a leading distributor of innovative products, customized packaging solutions, technologies, and services for the global medical cannabis industry, today announced that it subsidiary CBJ Distributing has expanded its operations by adding new labeling, printing and in-house application capabilities that will shorten the turnaround time on production, eliminate the need for customers to work with multiple vendors, and further reinforce the Companies’ commitment to being a fully integrated partner for clients. “The acquisition and use of advanced labeling capabilities demonstrates our commitment to achieve our vision to be a one-stop shop supplier servicing cannabis growers, distributors, and dispensaries,” said Alex Levitsky, CBJ Distributing’s Managing Partner.  Alex went on to say, “By working to offer more services, this will reflect in the value our customers get.

MCIG Announces Launch of New Corporate Website

JACKSONVILLE, FL, June 10, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE --  mCig, Inc. (MCIG), a leading distributor of innovative products, customized packaging solutions, technologies, and services for the global medical cannabis industry, is pleased to announce the launch of the Company’s re-designed corporate website, now available at  http://www.mciggroup.com. The new website will provide our partners and clients a user-friendly way to learn about MCIG's products and services, as well as providing our shareholders and potential investors a better understanding of the Company's vision. “This is the first step to reshaping the company and getting it back on track to what made us successful and a leader in cannabis markets,” stated Paul Rosenberg, CEO of MCIG.

mCig, Inc. Announces Strategic Agreement With Amare Technologies, Inc. for Development and Distribution of Grow LED Lights to Cannabis Market

Additionally, CBJ knowledgeable sales professionals will be providing local sales support for the cannabis market in these regions. Paul Rosenberg, CEO of mCig Inc., said, “Our partnership with Amare Technologies demonstrates our commitment to offering the latest high-tech products to its customers.

MCIG Names Victor Nuyen as COO

JACKSONVILLE, FL, May 13, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – 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 it has hired Victor Nuyen as its Chief Operating Officer. As MCIG’s Chief Operating Officer, Nuyen will optimize and develop processes to support MCIG’s mission to be the leading global provider of cannabis supply products and ensure the company’s continued legacy in the cannabis space. An expert in operations, systems and processes, Nuyen is skilled in running and growing multinational publicly traded companies.

mCig, Inc. CEO Announces Shareholder Update Letter; Outlines Company Strategy for 2019

From the Desk of Paul Rosenberg, President and CEO of mCig, Inc. JACKSONVILLE, FL, May 06, 2019 -- via NEWMEDIAWIRE – mCig, Inc. (OTCQB: MCIG)  Dear Fellow.