Business
mCig Inc. Update on Cultivation Project Developments; mCig, Inc. - New Initiatives and Business Development
mCig Inc. Update on Cultivation Project Developments; mCig, Inc. - New Initiatives and Business Development.
About this update from Bots Inc.
[{"type":"text","content":"\n \n \n mCig Inc. Update on Cultivation Project Developments; mCig, Inc. - New Initiatives and Business Development\n \n \nmCig Inc. Update on Cultivation Project Developments; mCig, Inc. - New Initiatives and Business Development\n \n HENDERSON, NV--(Marketwired - May 9, 2016) - mCig, Inc. (OTCQB: MCIG), Grower Services Division 'GSD,' the emerging leader in Marijuana Cultivation construction, has begun construction on multiple announced projects. Construction has begun with projects that have gone through engineering and project design acceptance by appropriate authorities and our customer. \n Paul Rosenberg, CEO, comments, \"I read much about how the investment community views our company. It is important to keep our shareholders and the investment community informed about our business development and emerging market penetration. Our recent commitment to building for the Cannabis culture is strong. Nevada is one of the hottest markets for investment and growth today in Cannabis. All our announced contracts have short and long term revenue streams. Each one will complete phase 1 and we look forward to fully developing their entire project as they grow financially with us.\"\n \"The recent appointment of our CFO, Mike Hawkins, is a direct commitment to construction growth. He comes with vast experience in modular and green building technologies, recognized as an industry expert who has presented to the United Nations on green and rapid building technologies, and it's strengthening development worldwide. Mike will be of great value in contract negotiations and consulting that comes with construction to form a consulting arm which will help match growers with capital. He has assisted both private and public companies in approximately $300 million in debt and equity financing throughout his career.\" \n MCIG has served the marijuana industry consistently for almost 4 years, and has seen unprecedented growth in revenue during the past year. As of the April 30th (FY 2016 close) MCIG clearly will have another record breaking year for both revenue increasing year over year, but also with lowest expenses year to date. Our business expansion into the growing need of Cannabis infrastructure requirements by way of large scale facilities construction will drive 2017 revenues to a certain new high again, and will further strengthen our com...