Home > Boards > US OTC > Cannabis > mCig Inc. (MCIG)

Here's something: Jacksonville, FL, Jan. 08, 2019 (GLOBE

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
heartofachild Member Profile
Member Level 
Followed By 4
Posts 60
Boards Moderated 0
Alias Born 01/09/19
160x600 placeholder
heartofachild Member Level  Tuesday, 02/12/19 01:17:20 AM
Re: None
Post # of 105700 
Here's something: Jacksonville, FL, Jan. 08, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- mCig, Inc. (MCIG), a diversified company servicing industrial hemp and legal cannabis markets, has signed a binding Memorandum of Understanding with a California based investment firm for collaboration on growing, processing and distribution of medical cannabis under MCIG’s current licenses held within the state. As part of the collaboration, a new joint venture will strive to obtain additional licenses in multiple states, in an effort to establish a nationwide presence.

Under the terms of the Agreement, said Investment firm will provide operating capital as well as various other operational activities, which will include introductions to customers and distribution networks, while MCIG has the required know how and skills for carrying out the operations.

“We are excited to sign a Memorandum of Understanding with our Partner, which will help the company to fully finance its cannabis related expansion. Our timing couldn’t be better with the recent announcement of other major companies expanding into California City, such as Mike Tyson’s “Tyson Ranch.” We are picking up the pace on our California City project and our investing partners will ensure we continue at a rapid pace. I cut it off here

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist