Wednesday, March 08, 2017 11:48:13 AM
Marketwired March 8, 2017
HENDERSON, NV--(Marketwired - Mar 8, 2017) - mCig, Inc. ( OTCQB : MCIG ), a diversified company servicing the legal cannabis, hemp, and CBD markets, subsidiary, Grow Contractors is proud to announce its selection as the builder of choice of the first large scale indoor grow facility in Oregon for Forest Grove Cultivation. With an overall plan for 115,000 square feet this will be a top ranked grow space in Oregon. The first phase is already permitted for 50,000 square feet. MCIG estimates to begin construction within 60 days and 4 months to complete the project. The project will generate a minimum $1.5M in revenue for the Company, but could exceed $1.9M with add-ons.
In Oregon, state law requires that you complete the build out before obtaining a license. This does not change our business model and all growers are almost certainly assured a license by complying with clearly written state building requirements. Rob Kressa, CEO of Grow Contractors stated, "Our sweet spot is definitely large scale growers on the West Coast. They understand the real deal while the East Coast is still getting played by opportunists looking for a quick buck. We are here to stay and will do multiple phases and build outs for the best players."
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
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM