Wednesday, September 23, 2015 6:28:40 PM
-- that they've already made about as much revenue as last quarter with 40 days to go in FQ2.
-- A new MDA with Mad Hatter Coffee and Tea Company to develop CBD infused teas and a new CBD and THC vape pen.
-- A new MDA with Blanks, Inc. for cigarette papers and rollers which retail for $10.50 to $232.00
-- An MDA with VitaCig that confirms that mCig will continue to market VitaCigs no matter who their JV partner is.
-- that they are developing their own line of branded CBD products
and CannaPods and Construction are looking like they'll meet or surpass mCigs $7 to $10 million revenue target...
Let's see, hmmmm that comes to...
1.) $1,026,000 for 2 phases of construction
2.) $2,500,000 as sole bidder
3.) $1,176,000 + for 24 pods at $49,000/ea (not including installation, construction, engineering and options)
4.) $1,960,000 + for 40 pods at $49,000/ea (not including installation and options)
Conservative total = $6,662,000
... and that doesn't even include product sales
MCIG Mid-Quarter Update
Les
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