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Last $0.05 USD
Change Today +0.0017 / 3.32%
Volume 388.7K
MCIG On Other Exchanges
As of 8:10 PM 07/28/15 All times are local (Market data is delayed by at least 15 minutes).

mcig inc (MCIG) Snapshot

Previous Close
Day High
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52 Week High
07/29/14 - $0.52
52 Week Low
07/16/15 - $0.05
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Average Volume 10 Days
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Dividend Yield
Current Stock Chart for MCIG INC (MCIG)

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mcig inc (MCIG) Details

mCig, Inc. manufactures, markets, and distributes electronic cigarettes, vaporizers, and accessories under the mCig andVitaCig brand name in the United States. It offers electronic cigarettes and related products through its online store, as well as through the company’s wholesale, distributor, and retail programs. The company was formerly known as Lifetech Industries, Inc. and changed its name to mCig, Inc. in August 2013. mCig, Inc. was founded in 2010 and is based in Beverly Hills, California.

mcig inc (MCIG) Top Compensated Officers

Chief Executive Officer, President, Secretary...
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

mcig inc (MCIG) Key Developments

mCig, Inc. Announces Sub-Distribution Agreement with JCP Wholesale

mCig, Inc. announced a Sub-Distribution Agreement with JCP Wholesale, a deal which has already resulted in $185,000 in sales and a contract for $1 million of future product sales in 2015. These agreements and others further expand mCig's national reach throughout the United States, allowing the company to penetrate smoke shops, dispensaries, and convenience stores throughout the South, West Coast, and Northeast with a wide arrange of products at competitive price points.

mCig, Inc. Appoints Maury Winnick as Vice President of Global Sales

mCig, Inc. announced that Maury Winnick has joined the company as Vice President of Global Sales. In his role, he has already restructured the corporate sales strategy, including the development of a Master Distribution Agreement (MDA), the first of which features Just Chill Products, LLC.

mCig, Inc. Announces Master Distributor Deal with CannaPod

mCig, Inc. announced on June 4, 2015 the agreement to become the Master Distributor of the full line of patent pending CannaPod products. This unique partnership was formed as part of the collaborative efforts of the expanding mCig Sales Team and the Construction Division. As part of the CannaPods Master Distributor agreement, the mCig Sales Team will be acquiring 200 pre-qualified and prepared bids valued at roughly $40 million from the CannaPods existing sales pipeline. In addition to acting as the Master Distributor for the CannaPod product, the mCig Construction Division will act as the exclusive preferred builder for all customers who would like on-site assistance. The modular cannabis building industry is exploding, and CannaPods, with their patent pending best-in-class technology, partnered with the mCig Sales Team and Construction Division, are positioned to dominate the marketplace.


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MCIG Competitors

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Company Last Change
Altria Group Inc $55.25 USD +1.30
Reynolds American Inc $84.20 USD +5.01
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Valuation MCIG Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 19.5x
Price/Book 9.3x
Price/Cash Flow NM Not Meaningful
TEV/Sales 19.3x

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