mCig, Inc is a company that manufactures and sells electronic cigarettes and vaporizers for marijuana and other herbs. It focuses on being the intersection of “two long-term secular trends sweeping the globe”: the decriminalization and/or legalization of medicinal and recreational marijuana, and the popularity of electronic vaporizing cigarettes known as eCigs.
The company holds three brand names in the US, namely mCig, VitaCig, and Vapolution.
The mCig brand of electronic cigarettes is touted as a cheaper and more efficient way to vaporize loose leaf herbs. According to the company, the mCig is loosely modeled after eCigs, but is designed for use with a variety of plant materials (eCigs are conventionally pre-packaged with a particular plant material or vapor). The mCig also has intelligent heating for smoother inhalation. An mCig device is sold for USD 10, making it one of the cheapest among electronic smoking devices.
VitaCig, meanwhile, is mCig, Inc’s wholly owned subsidiary that uses mobile vaporization technology for medical applications. Its first product, also called VitaCig, is an eCig-like device that delivers flavored water vapor with vitamins and phytonutrients, without nicotine. Each VitaCig is priced at USD 3.
Lastly, Vapolution is the company’s arm for manufacturing and retailing home-use vaporizers. It became part of mCig’s roster when the company acquired Vapolution, Inc in January 2014.
Based in Bellevue, Washington, mCig, Inc was founded in 2010 as Lifetech Industries, Inc, before it changed its name to mCig in 2013. The company is now traded in the OTC market as MCIG, under the Consumer Goods sector and the Electronic Equipment industry. It has a market cap of USD 105.35 M. Current executives of the company include Paul Rosenberg, CEO, President, and CFO; Mark James Linkhorst, COO; and Dr. Hanya Toshio, Chief Technical Advisor.
800 Bellevue Way NE
Bellevue, WA 98004
Phone: (425) 462-4219
Fax: (425) 462-5638
Yahoo! Finance: MCIG News
Latest Financial News for MCIG
JACKSONVILLE, FL / ACCESSWIRE / July 16, 2019 / mCig, Inc. (MCIG) a leading distributor of innovative products, customized packaging solutions, technologies, and services for the global medical cannabis industry, announced today that its Chairman and CEO, Paul Rosenberg, is canceling 30 million shares of his own common stock and return the shares to the company treasury. The return of these shares demonstrates management's desire to maintain a capital structure that supports growth without resorting to the increasing of our authorized shares. Headquartered in Jacksonville, Florida, mCig, Inc. (MCIG) is a diversified company servicing the legal cannabis, hemp and CBD markets via its lifestyle brands.
JACKSONVILLE, FL / ACCESSWIRE / July 9, 2019 / mCig, Inc. (MCIG) a leading distributor of innovative products, customized packaging solutions, technologies, and services for the global medical cannabis industry, today announced that the company's board of directors has appointed Mike W. Aertker as Co-Chief Executive Officer, effective immediately. Mr. Aertker is a biomedical engineer with nearly 30 years’ experience in biomedical research, laboratory construction, mobile/modular facility construction, biocontainment operations and public/community relations. Mr. Aertker has worked both in academia and private industry in positions where he has been responsible for leading complex and highly regulated operations, technical design challenges and international business development.
Independent Comparison Reports Show at Least 20% Greater Photosynthetic Photon Flux Density (PPFD) Jacksonville, FL, June 25, 2019 -- via NEWMEDIAWIRE -- mCig, Inc..
JACKSONVILLE, FL, June 13, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- mCig, Inc. (MCIG) a leading distributor of innovative products, customized packaging solutions, technologies, and services for the global medical cannabis industry, today announced that it subsidiary CBJ Distributing has expanded its operations by adding new labeling, printing and in-house application capabilities that will shorten the turnaround time on production, eliminate the need for customers to work with multiple vendors, and further reinforce the Companies’ commitment to being a fully integrated partner for clients. “The acquisition and use of advanced labeling capabilities demonstrates our commitment to achieve our vision to be a one-stop shop supplier servicing cannabis growers, distributors, and dispensaries,” said Alex Levitsky, CBJ Distributing’s Managing Partner. Alex went on to say, “By working to offer more services, this will reflect in the value our customers get.
JACKSONVILLE, FL, June 10, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- mCig, Inc. (MCIG), a leading distributor of innovative products, customized packaging solutions, technologies, and services for the global medical cannabis industry, is pleased to announce the launch of the Company’s re-designed corporate website, now available at http://www.mciggroup.com. The new website will provide our partners and clients a user-friendly way to learn about MCIG's products and services, as well as providing our shareholders and potential investors a better understanding of the Company's vision. “This is the first step to reshaping the company and getting it back on track to what made us successful and a leader in cannabis markets,” stated Paul Rosenberg, CEO of MCIG.