![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Thursday, June 30, 2016 2:07:17 PM
Business model is very simple.
Can you find similar machines on the market for BLANK's type of cigarette?
A few companies are selling them, in Colorado and Ohio.Those are stationary machines, very hard to transport, plus some of them have a meter and they charge 3-4c per cigarette. Costs: 15-30K
As i understand, mCIG will offer a smaller machine, that can be easily moved from one location to another. Now, they can do the service or create a business opportunity.
When they do service, imo they will make more money. Huge benefit to dispensaries, cost saving.
Drawbacks I see. Maintenance. They have to be careful. Also, I think, they will go with Rollies's brand, and start pushing it in Nevada. Not many growers are growing in Nevada now. I know, it is hard to establish a brand, and MCIG was never successful. May be they will combine resources with other established brand who do not have a presence in Nevada.We will see.
Recent BTZI News
- Form 8-K - Current report • Edgar (US Regulatory) • 06/05/2024 08:00:04 PM
- Form C-AR - Annual Report • Edgar (US Regulatory) • 05/31/2024 02:50:06 PM
VAYK Exited Caribbean Investments for $320,000 Profit • VAYK • Jun 27, 2024 9:00 AM
North Bay Resources Announces Successful Flotation Cell Test at Bishop Gold Mill, Inyo County, California • NBRI • Jun 27, 2024 9:00 AM
Branded Legacy, Inc. and Hemp Emu Announce Strategic Partnership to Enhance CBD Product Manufacturing • BLEG • Jun 27, 2024 8:30 AM
POET Wins "Best Optical AI Solution" in 2024 AI Breakthrough Awards Program • POET • Jun 26, 2024 10:09 AM
HealthLynked Promotes Bill Crupi to Chief Operating Officer • HLYK • Jun 26, 2024 8:00 AM
Bantec's Howco Short Term Department of Defense Contract Wins Will Exceed $1,100,000 for the current Quarter • BANT • Jun 25, 2024 10:00 AM