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
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