Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
No one cares about the actual company. They're just here to ride the pump. This company is notorious for coordinated pumps.
You act as if releasing another misleading and poorly written news release will magically increase the value of this company.
The CBD product photos are fake, made by 3D render instead of showing actual real products.
Sounds about par for the course for mcig...
End of the year bullshit announcements are coming. When will you all learn that cannabis isn't worth investing in? At least not this company.
I told you- a shitty CBD brand.
Everyone and their mother has a CBD brand nowadays. This will not make sales.
What progress? Literally nothing solid has come out of this company for years.
Lets just admit it- cannabis is not the money-maker the world expects it to be.
Welcome to the cannabis industry.
Tell me one cannabis stock which is actually real, doesn't have a shitload of debt, is profitable year after year, and has a CEO that knows cannabis.
I'll wait...
IT DOESNT EXIST. Cannabis is a pipe dream in general. This is not the money-maker that everyone expects it to be. It's a fucking plant, just like tomatoes and cucumbers, how much money can you possibly make off of it?
IT WILL BE OUTSOURCED TO SOUTH AMERICA AND MEXICO AS SOON AS POSSIBLE. THEN WHAT WILL ALL THE FANCY GROW OPERATIONS IN AMERICA DO?!?!? Pound Sand.
It's almost like this guy gets paid to blow all this hot air...
Nope. That's why I said "no cultivation no manufacturing" in the original post.
Cal Acres is dead unless they inject several million and get the proper licenses from the state.
https://aca5.accela.com/bcc/customization/bcc/cap/licenseSearch.aspx
Search for "Cal Acres" as business name.
The distribution license is still active in the state. No cultivation, no manufacturing. The property in Cal City is totally barren, they would need 5-6 million to develop it properly.
Going to an expo is now news? Any experienced cannabis company knows, this expo is a huge money pit that hardly generates any business. Go to MJBizcon for the crappy afterparties thrown by over-valuated startups. This is bad news.
Announcement coming soon, probably something stupid like Hemp/CBD products.
This is a completely saturated market that generates shitty revenue, I would carefully ride that jump but it won't last. Every granola mom in Orange County has a CBD company.
At this point, with the CBJ lawsuit, the company is literally doing nothing. It's not even worth that penny IMO.
Can someone name a company that MCIG owns that is making money? Nope.
CBJ is CannaBiz Packaging Co, the company that MCIG bought an 80% controlling interest in, the only company that was generating any revenue for mCIG.
Without CBJ mCIG has literally nothing generating revenue. What the hell is going on over there?
Am I reading this right CBJ is taking mCIG and Paul to court?
Holy shit, a true autist
Private backers are the only reason this is at 5 right now. They're scrambling to put together some news to release to help the price stay afloat. It's sad. California City bullshit on the way.
PNTV FACTS:
1. Mark Bradley knows absolutely zero about cannabis and is latching onto any dumbass that can offer him help.
2. Mark Bradley enjoys hookers and cocaine. Video has surfaced on this forum of him at the weed tv party partaking in both.
3. The management staff at GLF literally has zero experience in cannabis. They hire women to ogle over.
Dump this shit stock and invest in something real.
Correct.
LED Lighting is a highly saturated market. Chinese manufacturers will white-label any light you can think of with any company name you want.
Extractors/manufacturing is also doomed for failure since there is no capital to invest in hiring engineers, sales teams, tech support, etc. Look at any small extractor company and see the team they have.
Insiders have made MILLIONS on this company though.
LED lights are a scam because indoor growing is going to be obsolete in less than 10 years.
What other plant do you know of that is grown inside of a building using thousands of lights? NONE.
Growing is moving to outdoor and greenhouse environments. Indoor growers' days are numbered.
Is anyone still holding stock in this scam?
I can tell you from first-hand experience, this company is not to be trusted.
The extraction machines are hot air. There are strict testing and certification guidelines for all manufacturing equipment in California BEFORE they can be legally sold. I highly doubt MCIG has the hundreds of thousands required to hire an engineer and get it marketed.
Looks like Michael Sassano is pumping this stock again.
Paul is making a deal with them to become a management team for the company.
Yes, the very people that sued MCIG (and bankrupted their subsidiary, Grow Contractors), are now back in business with them, because Paul has nowhere else to turn. He needs Mike Sassano's rich friends to buy the stock and drive the price up, then both Ron and Michael Sassano can start offloading their insider shares once the price is good.
10 million shares were given to them. (through an offshore company of course)
Why the SEC isn't involved yet, I have no idea.
Another big pump is coming... a new (fake) deal with the sassanos is coming... insider enrichment on the way once again thanks to Paul!