Business
mCig, Inc. Issues Letter to Shareholders
mCig, Inc. Issues Letter to Shareholders.
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[{"type":"text","content":"\n \n \n mCig, Inc. Issues Letter to Shareholders\n \n \nmCig, Inc. Issues Letter to Shareholders\n \n HENDERSON, NV--(Marketwired - Mar 28, 2016) - mCig Inc. (OTCQB: MCIG) has released a letter from President & CEO Paul Rosenberg to update shareholders on the current status of the Company.\n Dear Fellow Shareholders:\n I would first like to thank all of the shareholders for their continued support of mCig Inc. I want this letter to be different in nature from previous ones, because I receive a lot of questions from our shareholders and I would like to take this opportunity to answer those questions.\n In my view, the most important place to start is the company identity. In the past few years, we made a series of transitions in the Cannabis Sector which I felt would benefit the company in meaningful ways. We were a company that started selling affordable vaporizers in the rising Cannabis industry, and then we evolved to a distributor of different brands for this new sector. When you enter a new market in a new industry, it's always a learning process. Some things seem obvious in the beginning, but don't always turn out the way you envision them at the end.\n I read all the comments, letters, and reports about mCig. Most have excellent ideas for improvements and really understand our company. Some use good points but their conclusions couldn't be more wrong.\n Let's talk about the latest Grow Services, CBD, and THC news that have been misrepresented:\n CannaPods Group broke the contract because they were impatient about the sales cycle. Building contracts require local presence and excellent building skills plus good sales people. mCig brought all three of those aspects to the table, and we believed in the future of construction, so we decided to proceed with our own vision and to believe in our skills and team. There is nothing proprietary about SIP panel construction, since it has been used for ages from simple construction to high rises but our processes can now be called our own. We are now seeing the success of staying the course and working hard, and wish all of our competitors well in the industry. Construction in the MMJ space is unlike others, because the industry is growing so rapidly. One construction project can have many phases and lead to many opportunities. For example, what may start out as a $500,000 project...