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MCIG's Supply Division Rides the Wave of Record Setting Nevada Cannabis Sales - Begins Operations in California
MCIG's Supply Division Rides the Wave of Record Setting Nevada Cannabis Sales - Begins Operations in California.
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[{"type":"text","content":"\n \n \n MCIG's Supply Division Rides the Wave of Record Setting Nevada Cannabis Sales - Begins Operations in California\n \n \nMCIG's Supply Division Rides the Wave of Record Setting Nevada Cannabis Sales - Begins Operations in California\n \n LAS VEGAS, NV--(Marketwired - Oct 2, 2017) - mCig, Inc., (OTCQB: MCIG), a leading distributor of innovative products, technologies, and services for the global recreational and medical cannabis industry is pleased to announce that its Supply Division has successfully expanded its operations into California. MCIG's supply division launched its operation in Temecula, California today capitalizing on months of preparation and will begin generating revenue ahead of its projected implementation schedule. The company will be working with growers, dispensaries and production facilities in fulfilling their supply needs for operations throughout California.\n Cannabiz Supply has become a major key player and provider of custom packaging, office, dispensary supplies, and vape products for the cannabis industry. As MCIG's Supply Division continues to grow its customer base across the state, it anticipates continued record growth in the foreseeable future. Expectations for California are even higher than what has been witnessed in Nevada. \n Nevada dispensaries raked in $27M in their first month of recreational sales according to figures released by the Nevada Department of Taxation, generating more tax revenue than Washington, Colorado and Oregon during their first month of recreational sales.\n Charlie Fox, Cannabiz Supply CEO stated, \"Nevada's record breaking sales have fired up orders to all of our product lines. We are racing to keep up with demand as each order outstrips our inventory faster than the last. At this rate, the company forecasts a $2 million per year revenue for the Supply Division alone, and this only includes the state of Nevada.\"\n About MCIG Group (OTCQB: MCIG)\n Headquartered in Henderson, Nevada, mCig, Inc. (OTCQB: MCIG) is a diversified company servicing the legal cannabis, hemp and CBD markets via its lifestyle brands. mCig, Inc. is committed to being the leading distributor of technology, products, and services to fit the needs of a rapidly expanding industry. mCig, Inc. has transitioned from a vaporizer manufacturer to industry leading large sca...