mCig, Inc. CEO Retires 30 Million Shares of Common Stock to Company Treasury

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 retiring 30 million shares of his own common stock to the company treasury. This change in share structure will be effective next week.
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mCig Inc. Appoints Mike W. Aertker as Co-CEO

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.
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mCig Launches Advanced Labeling Capabilities

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.
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MCIG Announces Launch of New Corporate Website

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.
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MCIG Names Victor Nuyen as COO

via NEWMEDIAWIRE – mCig, Inc. (MCIG) (www.mciggroup.com), a leading distributor of innovative products, customized packaging solutions, technologies, and services for the global medical cannabis industry announced today that it has hired Victor Nuyen as its Chief Operating Officer.
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CBOH: Inside Volatility Trading: April 29, 2019

Steeper Term Structure; Growing Short Interest The VIX® futures term structure steepened in recent months attracting higher levels of short interest in long VIX futures strategies as represented by the iPath S&P 500 VIX Short Term…
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Industry Reports Target CBD Edibles to Lead Market’s Growth and Quickly Rising Revenues

Most investors and executives in the CBD products industry are aware that multiple revenue projections, fueled by consumer acceptance, expect the CBD market to grow faster that they even could have hoped for? but there is one sector that is expected to show substantial growth and that is edibles. An article in an industry publication said: “There are product categories that plod along slowly for many years before suddenly catching on. Then there is CBD? Three years ago, CBD sales barely registered as a product category. Today, it is an industry that produces hundreds of millions of dollars in revenues, with most analysts forecasting many billions of dollars in sales within the next few years. But that only scratches the surface, because much of the action in the CBD movement takes place in non-grocery settings, such as stores that specialize in alternative health products or oils and tinctures. Active Companies from around the market with current developments this week include: White Label Liquid, Inc. (OTC: WLAB), Neptune Wellness Solutions Inc. (NASDAQ: NEPT), Terra Tech Corp. (OTC: TRTC), Medical Marijuana, Inc. (OTC: MJNA), mCig, Inc. (OTC: MCIG).

String of Legal Victories Puts CBD and Cannabis into International Spotlights

Over the past couple of years, cannabis has become a major topic in many countries’ agendas due to its therapeutic benefits. Regulators worldwide are now exploring opportunities within the cannabis market as it can be used as an alternative to certain traditional medical treatments. In particular, the U.S. marketplace is expected to be one of the most explosive markets. Despite cannabis still being federally illegal within the U.S., certain states, such as California and Colorado, which have legalized recreational cannabis contribute billions of dollars in revenue annually. Moreover, cannabidiol or CBD-based products have become increasingly common across the U.S. In late 2018, U.S. President Donald Trump signed the U.S. Farm Bill into effect, allowing the production of hemp. Shortly after, convenience stores and pharmacies began carrying hemp-derived CBD products. Even major pharmaceutical chains have begun to carry CBD products, promoting their healthcare benefits such as treating medical conditions and pain relieving properties. The U.S. Food and Drug Administration also approved the first cannabis-derived drug, Epidiolex, which is already being used to treat epilepsy in children. Overall, the combination of all of these recent events has exponentially accelerated the CBD marketplace. Moving forward, the CBD market is expected to continually grow as more countries began to adopt cannabis legalizations. According to data compiled by Brightfield Group, the U.S. CBD market is expected to reach USD 22 Billion by 2022. SinglePoint Inc. (OTC: SING), PotNetwork Holdings, Inc. (OTC: POTN), MassRoots, Inc. (OTC: MSRT) mCig, Inc. (OTC: MCIG), Medical Marijuana, Inc. (OTC: MJNA)

MCIG Obtains FINRA Approval for OBITX Dividend and Spinoff

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 that the company has received approval from the Financial Industry Regulatory Authority (“FINRA”) for the Obitx, Inc. dividend, and spinoff to MCIG’s shareholders.
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