October 17, 2017 4:48 AM ET

Tobacco

Company Overview of mCig, Inc.

Company Overview

mCig, Inc. operates as a cannabis cultivation construction company in the United States and internationally. The company operates through five segments: Construction and Consulting, CBD, Vaporizers, Media, and Supplies. The Construction and Consulting segment designs, develops, engineers, and constructs modular buildings and green houses that assist cannabis and herbal growers in the market, as well as offers consulting services in the cannabis industry. The CBD segment engages in the wholesale and retail of hemp based cannabidiol products through various Websites; and sale of its private label VitaCBD and other brands through contractual arrangements. The Vaporizers segment manufactures, di...

2901 Highland Drive

Unit 13B

Las Vegas, NV 89109

United States

Founded in 2010

Phone:

570-778-6459

Key Executives for mCig, Inc.

Chairman, President, CEO, Treasurer & Secretary
Age: 47
Total Annual Compensation: $201.5K
CFO, COO, Chief Accounting Officer & Director
Age: 55
Total Annual Compensation: $183.2K
Manager of Grow Contractors
Age: 45
Total Annual Compensation: $3.0K
Chief Marketing Officer
Age: 46
Total Annual Compensation: $7.0K
Compensation as of Fiscal Year 2017.

mCig, Inc. Key Developments

mCig, Inc. Enters Partnership with Render Payment

mCig, Inc. enters into the cryptocurrency market, partnering with Render Payment during its Pre-ICO (Initial Coin Offering). Render Payment Token (RPM) is a crypto-token built for utilizing smart contracts on blockchain, specifically designed to accommodate high risk merchant services at discount prices, which adds legitimacy to the worldwide cannabis community. It is backed by Ethereum's secure, global ecosystem, designed to provide businesses and individuals a trusted secure, private mechanism for financial transactions.

mCig, Inc. Launches Cannabiscentric Digital Ad Network eHESIVE

mCig, Inc. announced the launch of its new cannabis focused online ad network eHESIVE. Through eHESIVE, mCig offers online publishers and advertisers a full service, user friendly platform for helping to generate revenue by reaching targeted cannabis consumers. Developed under the oversight of Andrus Nomm, the technical brainchild behind the enormously successful and wildly infamous MegaUpload network, eHESIVE offers customers a streamlined user experience while providing in-depth analytics and highly tailored targeting options that give advertisers the power to fully optimize their digital marketing and giving publishers complete control over their sites' content. To drive conversions effectively depends on targeting niche markets. eHESIVE makes it possible for advertisers to buy hundreds of thousands of digital ad impressions across the large network of publisher sites and apps, reaching millions of visitors per month in the cannabis industry.

mCig, Inc. Supply Division Expands its Operations into California

mCig, Inc. announced that its Supply Division has successfully expanded its operations into California. MCIG's supply division launched its operation in Temecula, California capitalizing on months of preparation and will begin generating revenue ahead of its projected implementation schedule. The company will be working with growers, dispensaries and production facilities in fulfilling their supply needs for operations throughout California.

Similar Private Companies By Industry

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Applicable Enterprises Inc. United States

Recent Private Companies Transactions

Type
Date
Target
Private Placement
September 13, 2017
--
Merger/Acquisition
February 27, 2017
mCig, Inc., VitaCBD Business Assets
Private Placement
January 31, 2017
--
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