Thursday, May 26, 2016 6:00:34 AM
When VitaCig announced that they were introducing CBD, I suggested that it would cannibalize MCIG CBD products and they would be competing against each other for CBD marketshare. Now, your excuse is that chill and kava "distracts" from VitaCig CBD line.
With increased competition, narrowing profit margins, and cannibalization from VitaCBD - MCIG has had to abandon Kava.
And I still contend that the Just Chill branded products found on chillcbdoil.com are NOT MCIG's Chill products. It appears MCIG is getting a small cut of Just Chill products and MCIG is not in the CBD business anymore.
They have moved (almost) all of their eggs in the construction business; where MCIG won't own any of the MJ harvest at all.
With MCIG getting out of cbd entirely - and only "branding" Vapolution and Rollies - It makes Rollies appear to be just bait.
Like someone else said. If MCIG fails or is delayed on their first construction phase, shareholders are screwed.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=122894471
FEATURED Cannabix's Breath Logix Alcohol Device Delivers Positive Impact to Private Monitoring Agency in Montana, USA • Apr 25, 2024 8:52 AM
Bantec Reports an Over 50 Percent Increase in Sales and Profits in Q1 2024 from Q1 2023 • BANT • Apr 25, 2024 10:00 AM
Kona Gold Beverages, Inc. Announces Name Change to NuVibe, Inc. and Initiation of Ticker Symbol Application Process • KGKG • Apr 25, 2024 8:30 AM
Axis Technologies Group and Carbonis Forge Ahead with New Digital Carbon Credit Technology • AXTG • Apr 24, 2024 3:00 AM
North Bay Resources Announces Successful Equipment Test at Bishop Gold Mill, Inyo County, California • NBRI • Apr 23, 2024 9:41 AM
Epazz, Inc.: CryObo, Inc. solar Bitcoin operations will issue tokens • EPAZ • Apr 23, 2024 9:20 AM