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MCIG to Manage and Staff Indoor Grow Facility in Las Vegas Through its Subsidiary, Grow Contractors
MCIG to Manage and Staff Indoor Grow Facility in Las Vegas Through its Subsidiary, Grow Contractors.
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[{"type":"text","content":"\n \n \n MCIG to Manage and Staff Indoor Grow Facility in Las Vegas Through its Subsidiary, Grow Contractors\n \n \nMCIG to Manage and Staff Indoor Grow Facility in Las Vegas Through its Subsidiary, Grow Contractors\n \n HENDERSON, NV--(Marketwired - Jun 20, 2017) - mCig, Inc., (OTCQB: MCIG), a leading distributor of innovative products, technologies, and services for the global medical cannabis industry is pleased to announce that Grow Contractors (GC) has signed a management contract to staff and manage a 15,000 square foot indoor cultivation facility in Las Vegas, Nevada for R.H. Medical.\n MCIG will be providing R.H Medical operational support to the facility, in tandem with Las Vegas and the State of Nevada beginning the rollout of recreational cannabis, voted on and passed on November 8, 2016. GC has brought on an experienced cultivator with a track record of growing high quality THC & CBD products, and with an expert understanding of growing indoors in desert climates.\n \"As R.H Medical ramps up operations for harvest, GC has the option to manage the entire facility and operation (including sales and delivery) for 6% of gross revenue in addition to its current management fees. MCIG (via Grow Contractors) will be adding such types of revenue streams and arrangements in Nevada, as many cultivators are scrambling for operational support in ramping up for the recreational market,\" said CEO Paul Rosenberg.\n He added, \"MCIG's management has a clear strategy on how to increase value for its shareholders. In addition to working on construction projects, we are now offering staffing and management services for grow facilities in an effort to tap into opportunities that we feel MCIG has first-mover advantage in. Our goal is to acquire a medical marijuana cultivation & production license in Nevada and eventually start our own grow operation -- this is still the forefront of our Nevada strategy, and we are very close to achieving this milestone,\" said Paul Rosenberg, CEO of MCIG, Inc.\n \"As we have witnessed in Colorado, Nevada, and various recreational marijuana states, cultivation operations are generating several millions of dollars per year and need operational support in order to scale for growth & expansion, positioning GC as a necessity to the industry. I have been building and managing grow facilities for 10...