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It's a shame that you have focused only on the negatives for a couple of years now, never the positives that are long and extensive. I understand financial loss/ruin someone experiences can enhance that vibe, but sometimes we all have to remain neutral and regather our thoughts.
You could have been making bags of money like the rest of us right now if you focused on the positives. Still time to get on the train.
It's been going parabolic, another 10% yesterday alone.
This is great stuff for shareholders.
Great to see MCIG finally being recognized through its pps. Always knew this would happen, so have been a strong long term advocate of the stock.
Tremendous business updates of late and it is fantastic to see it growing at such a rapid rate. Even from 18 months ago it has produced tremendous revenue growth.
The trend is undoubtedly moving upward, with strong volume and interest across the whole sector. Looking for continuation to $0.30.
Congrats to the longs- $mcig
This is a very detailed response, which brings a lot of truth.
It is also very well done because it single handily takes those negative oriented arguments apart piece by piece.
Wonderful addition to the board.
I think MCIG will certainly perform well and that the negative sentiment is slowly being dismissed by valid fact.
Best
Tommy
Nice work MCIG. Look at the jump in sales. That is a very strong upward trend. That cannot be denied.
The conference call was well done and well received by investors. I think the quarterly calls will give a huge confident booster to potential investors as well. It was definitely time to hold something like this.
They also haven't taken on any toxic debt, which is amazing to me, especially given the current revenue figures.
I believe sentiment is changing with MCIG and I am liking what I am hearing from them.
MCIG is really putting the business plan together now.
A cannabis product has arrived and the home cannabis growing market is very smart to get into.
I can see much higher prices coming from here. Not to mention vitacig ownership and larger scale cannabis construction build outs!
Very nice work
#undervalued
The upward trend is confirmed now then?
lol
Just catching up yesterday's PR and it was a beauty.
MCIG getting the construction division going now and the business plan is coming together nicely.
Full steam ahead from here and a nice base had formed at the 3 cent mark I see.
Still long and very strong
Why are you laughing? You seem upset.
MCIG is doing a great job with their business plan. You should happy with their results. Improving all the time as seen by the amazing revenue growth
$MCIG
NEWS: Remember MCIG owns 47% of VTCQ as you read
VitaCig Executes Landmark Royalty Agreement, Signs Lucrative Distribution Agreement For Our VitaCBD™ Product Line With Vitastik EU Partner
BEVERLY HILLS, CA--(Marketwired - January 13, 2016) - VitaCig, Inc. (OTCPINK: VTCQ), a technology company that is harnessing mobile vaporization technology for medical delivery applications as well as a leader in the development, marketing, and sale of ultra-pure CBD Oil tinctures, Edibles, and E-Liquids is pleased to announce it has closed on a lucrative royalty agreement and CBD product distribution, agreement with their European Vitastik Partner, Vapomins Vertriebsgesellschaft mbH.
Following several months of negotiations, VitaCig U.S., and EU Vitastik Partner, has reached an historic agreement that will entitle VitaCig U.S., to significant royalty payments of up to 25% of all product sales. This agreement will include territories and partners throughout Europe, including UK, Austria, Switzerland, Spain, Italy, covering a population of 745 million people. Spear headed, and managed by Vitastik EU CEO, Johannes Luis. According to this agreement, all product orders from Vitastik EU and their partners will go through a special EU VitaCig account. The term of this agreement runs effective January 1st 2016 – December 21st 2019. Thereafter, the agreement shall be renewed for an additional one-year-term, upon consent of both parties.
In addition to royalty payments, Vitastik EU will also take an active role in supporting our highly anticipated VitaCig product line relaunch, expected by March 1st, for the U.S. market. Not limited to, a fully mobile responsive, website design, a T.V. commercial, SEO, and Google analytics. This will well position us to experience unprecedented sales growth for 2016 and beyond.
VitaStik EU CEO Johannes Luis Schmid comments, “This strategic partnering agreement between US and EU is a huge milestone for both companies. There is strength in numbers. Our goal together, is to unite the brand, and build an empire. Dominate the disposable e-cig space. My team and I have built a solid foundation in 2015. We continue to experience record revenue growth monthly. Our re-order rate of 45%, is at an all-time high. We project to record $3.5m - $4m in revenues by year end. I look forward to contribute what has been working for us, and infuse into the U.S. market. I look forward to many years working together.”
VitaCig CEO Paul Rosenberg adds, “This royalty agreement demonstrates the dynamism and value of our VitaCig brand. There is truly no other product like it on the market, and continues to see tremendous success abroad. The EU Partner agreement is part of a comprehensive effort by the company to lock-in international distribution and royalty agreements. Our vision and strategy for VitaCig is simple and clear. Dominate both the e-cig disposable, and CBD markets, on a global scale. I want to again, thank our shareholders for their patience as we continue the aggressive pursuit in reorganizing and relaunching our company and brand. I promised that shareholder value would be my top priority, and I hope this royalty agreement demonstrates the company’s commitment toward that end. Due in part to the transaction with Vitastik EU, we anticipate record revenues and record adjusted profit for full-year 2016.”
We are also pleased to announce, the signing of an extensive Distribution Agreement with Vitastik EU, to distribute VitaCig and mCig, Inc. (OTCQB: MCIG), whole host of ultra-pure, quality, CBD products (vitacbd.com), to their established customer and follower base, via e-commerce. This agreement also extends to all Vitastik EU partners, including partners in UK, Spain, Switzerland, and Austria. The CBD industry in Europe is seeing tremendous growth as consumers and media reports continue to highlight CBD’s medical potential. Both parties anticipate, the initial product order, to be no less than $200k.
"This is an important day for the company and for our shareholders, as this distribution agreement will help introduce our VitaCBD™ brand and line of products, to our Vitastik EU Partners sizable customer and follower base, as well as the European market as a whole. The integration of our VitaCBD™ health products under the EU Vitastik brand will be seamless and we expect our CBD related products to be wholeheartedly embraced by EU Vitastik customers, just as they have here in the U.S. This agreement will provide a tremendous revenue opportunity for VitaCig U.S., Vitastik EU, and all their partners. This Distribution Agreement is one of several, expected to be announced over the next few months, said Paul Rosenberg, Chief Executive Officer of VitaCig.
About VitaCig, Inc.
VitaCig, Inc. (OTCPINK: VTCQ) is a technology company harnessing mobile vaporization technology for medical delivery applications. The company owns, manufactures, and distributes the VitaCig®, a nicotine-free device. The company’s products are sold online at: www.mcig.org, www.vitacbd.com, www.vitacig.org, www.chillcbdoil.com or through affiliate websites and select brick and mortar locations.
no technicals? why do you not say that to those who are on the negative side of this stock who reference technicals constantly?
Thanks
Tommy H
Higher MCIG prices on the way
Breakout mode
MCIG is in breakout mode now. Too many good things shifting the needle
Uptrend continues on positive financials. Just getting started.
Nice one MCIG
Vapolution 3 is now available.
https://twitter.com/vapolution/status/679560500313640960
So many catalysts for MCIG now. Looking strong, no debt, strong revs, expanding product line.
That was a very very strong qtr. you cannot deny that at all.
That was a truly groundbreaking quarter. The % increase in revenues is truly a great achievement by the MCIG team.
Well done longs and welcome to the new investors. Looks like MCIG is really building some steam with the new business structure and plan.
Very exciting $MCIG
Just saw the news release. Nice job MCIG.
More products to hit stores, just announced $850k revenues for the quarter and still have not needed to take on any debt facilities.
Long MCIG. Looking great
Has MCIG still managed to stay away from debt facilities? Toxic debt?
Les, how often do you think you will do a Q&A with Rosenberg? Quarterly?...
I think those are very beneficial for longs, gives good insight
Thanks for sharing this. Looks good, varying strengths to
I am surprised too. I was expecting around $550k in revs.
$850k is a really impressive qtr, really nice growth. Business plan is being executed well and can't be ignored.
I know not everyone agrees with Les, but he has done great work for MCIG shareholders. He has been focused on telling us about the business and the successes they are having, which is starting to become very evident.
Good luck to all
Tommy
http://www.trademarkia.com/mobile/trademark_detail.aspx?sid=86802151
Vitacbd products on the way.
It is plain to see that MCIG's results are improving, pps will follow suit.
Business plan is upping revenues qtr over qtr in a big way.
All the best
Tommy
new news out, historic $850,000 in revs! Very good acceleration
Starting to really get moving. More cbd products coming.
ok excellent, thanks Les.
So it looks like there is consistent revenue growth coming into play now, qtr over qtr, and a decent % growth at that.
I look forward to seeing the number once the 10Q comes out.
CBD is starting to get quite popular to it seems. Great news
Hey Les,
Any word on the construction side of things? Breaking any construction ground? Or cannapod builds?
What are the forecast revs for upcoming reporting qtr? Is it a strong rev growth qtr over qtr coming up again?
Cheers,
Tommy
It truly is excellent news and Les' recent interview provided a lot of guidance.
Les was correct all along and his DD is fact. Revenues really picking up steam here at MCIG.
New News and more orders: See below. Well done MCIG
mCig, Inc. (the "Company") (OTCQB: MCIG), a leading distributor of innovative products, technologies, and services for the global medical and legal recreational cannabis industry, signed a Master Distribution Agreement with CBD Globe Distributors Ltd., a private company based in the United Kingdom and creator and owner of "ma" brand. MCIG received an initial purchase order valued at $200,000 to launch a new ma brand in the UK, Europe and US, supplying CBD Globe with CBD-rich hemp oil and hardware. "MCIG is rapidly expanding its dominance in the CBD Vape market by signing the high end Vape line ma to complement its existing product lines," said Paul Rosenberg, CEO. "The MCIG - CBD Globe combination is the fastest road to global distribution and cross border cooperation. Given the huge scale of both the European and US markets, this agreement will provide a unique catalyst for the rapid expansion of both ma and MCIG product lines." ma originates from the 10,000 year old Chinese word for Hemp and is globally registered to CBD Globe. ma will launch sales in the UK in mid-October and will hit the U.S. market by the end of October 2015. About mCig, Inc. mCig, Inc. (OTCQB: MCIG) is committed to being the leading distributor of technology, products, and services for the global medical and legal recreational cannabis industry. The Company's Master Distributor sales approach allows mCig to partner with or acquire best-of-breed companies to serve as exclusive sales representatives, distributing their products through mCig's multiple channels and sub-distributors throughout the United States, Europe, United Kingdom, and Asia. mCig focuses sales efforts on growers, consumers and dispensaries, and provides a complete line of products, technology, and services, including turnkey growing environments; security services; software and information technology; consulting services; financing and more. mCig maintains its roots by offering top selling CBD Vape lines and CBD products. The company is headquartered in Beverly Hills, California. Follow mCig Inc. on Twitter at @mCigs. About CBD Globe Distributors Ltd London based CBD Globe Distributors Ltd (CBDG), creator and owner of the ma brand, is a focused and energetic young business. The company's objective is to distribute CBD based products as rapidly and widely as possible, across Europe and overseas using the ma brand as our prestigious messenger. Firm believers in CBD and the health benefits and integrity of this remarkable product, CBDG's mission is to expand our range across all categories and to work with the most advanced market leaders in this field. CBDG have selected mCig as the ideal counterparty to assist in this development. 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. Food And Drug Administration (FDA) Disclosure These statements have not been evaluated by the FDA and are not intended to diagnose, treat or cure any disease. Legal Disclosure mCig, Inc. does not sell or distribute any products that are in violation of the United States Controlled Substances Act (US CSA). Contact: Paul Rosenberg CEO paul@mcig.org SOURCE: mCig, Inc.
Big news just released everyone- Les is right, things are going very well indeed
mCig, Inc. (the "Company") (OTCQB: MCIG), a leading distributor of innovative products, technologies, and services for the global medical and legal recreational cannabis industry, today provided its shareholders with a mid-quarter update. Revenue for Q2 is almost surpassing last quarter's totals with forty days remaining. MCIG has been actively bringing new brands into their Master Distribution portfolio in Q2: -- Just this month, the company signed a Master Distributorship Agreement with Mad Hatter Coffee and Tea Company. MCIG and Mad Hatter will create a special formula of Coffee and Tea with CBD, as well as a Mad Hatter vape pen with CBD and THC (www.madhattercoffeeandtea.com). -- In late August, MCIG signed an agreement with NY-based Blanks Inc., a maker of sophisticated and convenient roll-your-own accessories (www.blanksprerolled.com). -- MCIG signed a Master Distributorship Agreement with VitaCig Inc. The two companies will together develop and distribute a line of VITA CBD products. -- As previously announced, MCIG will partner with Emotek Labs to market the Emotek line of extractors and will focus on development, marketing, and distribution of an exclusive line of "High Quality" CBD & THC oils and ancillary products. Additionally this quarter, MCIG started working on its own branded line of CBD products which will be announced soon. "MCIG's goal is to become the premier distributor in the cannabis industry through its Master Distributor sales approach," stated Paul Rosenberg, CEO of mCig Inc. "Together with our partners, we are creating a line of products under a strong MCIG brand. This is a very important step in the continued growth of our company." MCIG's grow division is also seeing great traction in Q2: -- The company is in the engineering phase (phase 1 of 2) for a 10,000 square foot facility in Maryland, with an estimated construction cost of $513,000.00 per phase. -- MCIG's grow division is the sole bidder on a 41,000 square foot facility in Nevada with a total estimated construction cost of $2,500,000.00. -- The grow division was just given the "go ahead" to start engineering on a 10,000 square foot cultivation site in Southern California, including a warehouse conversion with 24 interior pods on Native American land. -- MCIG is gaining traction with our recently announced MCIG CannaPods 2.0 turn-key pods. The company is drafting an initial order for 3 pods, with 37 more to follow for a total of 40 pods. "It is key for us not to lose sight of the vast amount of smaller, scalable growers we cater to," added Filene Lehman, CEO of CannaPods. "But having successfully penetrated the larger grow arena this early on in our path is an incredible accomplishment and a testament to our system and team." About mCig, Inc. mCig, Inc. (OTCQB: MCIG) is committed to being the leading distributor of technology, products, and services for the global medical and legal recreational cannabis industry. The Company's Master Distributor sales approach allows MCIG to partner with or acquire best-of-breed companies to serve as exclusive sales representatives, distributing their products through MCIG's multiple channels and sub-distributors throughout the United States, Europe, United Kingdom, and Asia. MCIG focuses sales efforts on growers, consumers and dispensaries, and provides a complete line of products, technology, and services, including turnkey growing environments; security services; software and information technology; consulting services; financing and more. MCIG maintains its roots by offering top selling CBD Vape lines and CBD products. The company is headquartered in Beverly Hills, California. Follow MCIG on Twitter at @MCIGs. 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. mCig, Inc. Paul Rosenberg CEO paul@mcig.org SOURCE: mCig, Inc.
10Q
Revenues improving qtr over qtr and no toxic debt.
Looking good!
No delays on this 10Q either
BOULDER, CO–Peak Pharmaceuticals, Inc. (OTCQB: PKPH) (“Peak Pharma” or the “Company”), a dedicated proponent of research, development, sales and marketing of safe, hemp-based supplements, today reports on recent regulatory advisements which impact sales of CBD and cannabinoid containing products for animals.
Cbd for animals, not humans. Doesn't apply to MCIG. If I see a dog smoking just Chill, I will let you know.
you seem very irritated about MCIG's new business implementations.
Rejoice, it's a good thing, the changes are welcomed
It was a decision that was made due to costs. He thought the decision to use a specialist extraction company, as announced this morning, is the better way to go.
Businesses evolve, MCIG is doing that.
It was an excellent and very informative article.
It puts to bed a lot of the hocus pocus that was evident on this board.
I think a lot of people can see the business changes being made and with the restructuring now complete, it looks even better
News:
MCIG Signs Multi-Product Partnership Agreement With EmotekLabs, LLC
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8:55 AM ET 9/10/15 | Marketwired
mCig, Inc. (the "Company")(OTCQB: MCIG), a leading distributor of innovative products, technologies, and services for the global medical and legal recreational cannabis industry, announced today that the Company has signed a partnership agreement with EmotekLabs, LLC, a Colorado-based company that engineers multiple award-winning botanical commercial extractors. The partnership will allow mCig to exclusively market the Emotek Cannapod and the Emotek line of extractors.
States like Colorado are starting to require extraction facilities to be in clean rooms. The modular Cannapod is a simple solution for indoor and outdoor facilities, fully complying with the requirements and giving mCig another product in its grower services division.
The partnership also will focus on development, marketing, and distribution of an exclusive line of "High Quality" CBD & THC Oils and ancillary products.
"We are excited about the opportunity to work with Emotek and distribute their product to all legal zones around the world," said Paul Rosenberg, CEO of mCig, Inc. "The Emotek product line is a welcome addition to the portfolio of products mCig can offer."
"Our decision to partner with mCig's Master Distributor sales approach allows us to focus on the ever evolving needs of our industry," said Jason Emo, the owner of EmotekLabs LLC.
About EmotekLabs, LLC.
EmotekLabs started with a vision to create a safer way to extract cannabis oils. EmotekLabs designs, develops, and manufactures the world's safest and most efficient award winning "certified" botanical extractor on the market. The company is at the forefront of cannabis and hemp extraction and a pioneer and inventor of the Live Resin(TM) Cannabis extraction process. The company is constantly innovating and setting the standards for the industry and our equipment is "certified" by The American Society of Mechanical Engineers (ASME), the American Society for Nondestructive Testing (ASNT), and the National Fire Protection Association (NFPA). Emotek extractors are engineered and hand-built in America to withstand the extremes needed for commercial extraction. Emotek extractors have won more awards than any other extractor on the market, including over two dozen High Times Cannabis concentrates awards!
About mCig, Inc.
mCig, Inc. (OTCQB: MCIG) is committed to being the leading distributor of technology, products, and services for the global medical and legal recreational cannabis industry. The Company's Master Distributor sales approach allows mCig to partner with or acquire best-of-breed companies to serve as exclusive sales representatives, distributing their products through mCig's multiple channels and sub-distributors throughout the United States, Europe, United Kingdom, and Asia. mCig focuses sales efforts on growers, consumers and dispensaries, and provides a complete line of products, technology, and services, including turnkey growing environments; security services; software and information technology; consulting services; financing and more. mCig maintains its roots by offering top selling CBD Vape lines and CBD products. The company is headquartered in Beverly Hills, California. Follow mCig Inc. on Twitter at @mCigs.
Really fantastic article les.
A lot of myths have been solved, a lot of questioning now answered. A really good piece which sheds a lot of truth.
Really well done
Chill advertising material
https://instagram.com/p/7IYPm2P6co/?taken-by=mciginc
MCIG's website has had a face lift and it introduces the ultrasonic vaporizer here:
http://mcig.org/product-distribution/vaporizer-products/
Les nailed it on the head, and the market is reacting to the companies revenue clarification as we speak.
Revenue growth is well and truly happening
Growing Revenue numbers- MCIG moving higher. Good that they gave the clarification
$$$