BELLEVUE, Wash., Jan. 10, 2014 (GLOBE NEWSWIRE) -- mCig, Inc. (OTCQB:MCIG) is pleased to announce the official launch and rollout of the mCig 2.0, the company's next generation herbal eCig retailing for only $10 globally. The company expects to fulfill all incoming orders within 5-10 business days with order lead time declining to 3-5 business days by January 21, 2014.
"Today marks an important milestone for our company. In less than six months we have transitioned from a development stage company to launching two iterations of a device that is quickly cementing itself as the most efficient and affordable way to vaporize plant material. We are proud of the mCig 2.0 and all the incredible features we were able to pack into this version. I would like to thank all the mCig employees who worked tirelessly over the past two months to get the mCig 2.0 into the market," stated mCig, Inc. CEO Paul Rosenberg.
"On a historic week for the medicinal and newly legal marijuana community, I am ecstatic to be part of a team that has brought to market a game-changing device: the mCig 2.0 which compares to most $100-300 portable vaporizers on the market and in some ways is even better. I am even more excited about the glass insert we will be rolling out over the next three weeks that will allow seasoned users to experience a true vaporizing experience for only $10," said Mark Linkhorst.
mCig 2.0 Features– The Bar Has Been Raised
- At ≈ 5 inches, the mCig 2.0 is ½ inch shorter than the 1.0 making it pocket sized, with a locking mechanism to prevent accidental deployment.
- More Power – The mCig 2.0 is powered by a 360mAh battery an increase of 30% in battery power from the previous version.
- Three Variable Heat Settings – mCig 2.0 is better suited for personalized wax and dry leaf heating by offering three heat settings: 3.3, 3.5, or 3.7 volts.
- Silicon Heat Shield and Thicker Mouthpiece – Reduces overheating and provides a more efficient manner of inhalation.
- Wider Heating Chamber – The mCig 2.0 is 25% wider allowing more material to be packed and providing room for a glass insert.
- Horizontal Heating Coil – Totally re-engineered design that reduces pressure blocks and clogging. Plant material falls out easily after use
The mCig 2.0 was designed for both recreational and advanced users:
For advanced users who seek a true vaporizing experience there will be two glass chamber variations, one for concentrated essential oils and the other for dry herb. The glass chambers will be available for purchase separately, and after February 5th can be ordered with the mCig unit for $2 for a single chamber, or $4 for both variations. We also encourage our customers to experiment with their own glass inserts as we have found the mCig 2.0 is responsive to many different types of glass and even ceramic inserts. This is yet another benefit of the wider chamber design.
Recreational users can enjoy the unique mCig heating experience by inserting the dry leaf, wax, or herbs directly into the heating chamber just like the previous mCig version and select one of three heat setting requiring as little as 3 seconds and as long as 10 seconds to heat up.
All of these features are packed into one device that retails for only $10. Domestic Shipping & Handling starts at $2.99. Canadian Shipping is $6.99, and International Shipping for up to 8 devices is $10. Order an mCig 2.0 today by visiting: www.mCig.org/buy-online/
mCig, Inc. will be rolling out two new video commercials with the mCig 2.0 over the next week. Check our Youtube page and websites for updates!
About mCig, Inc.
mCig, Inc. (OTCBB: MCIG ) is a technology company focused on two long-term secular trends sweeping the globe: (1) The decriminalization and legalization of marijuana for medicinal or recreational purposes (2) The adoption of electronic vaporizing cigarettes (commonly known as "eCigs") by the world's 1.2 Billion smokers. The company has developed the mCig – a purpose built loose leaf eCig retailing at only $10. Designed in the USA – the mCig provides a superior smoking experience by heating plant material, waxes, and oils delivering a smoother inhalation experience. See more at: http://www.mcig.org/
The company believes that a well regulated marijuana industry is emerging as more states follow the lead of Washington and Colorado in legalizing marijuana. A similar trend is developing within the eCig industry following the first acquisition of an electronic cigarette brand (Blucigs) by a traditional tobacco company Lorillard Inc for $135 million. Wells Fargo analyst Bonnie Herzog estimates that eCig sales may rise from $1 Billion in 2013 to $10 billion over the next three years.
mCig, Inc. (OTCBB: MCIG ) has positioned itself as a first mover at the intersection of these two trends and hopes to create shareholder value by making the mCig one of the leading choices for electronic consumption of plant material. - See more at: http://www.mcig.org/investors/investor-opportunity-subpage/
Safe Harbor Statement
Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Any forward-looking statements contained herein are based on current expectations, but are subject to a number of risks and uncertainties. The factors that could cause actual future results to differ materially from current expectations include, but are not limited to, risks and uncertainties relating to the Company's ability to develop, market and sell products based on its technology; the expected benefits and efficacy of the Company's products and technology; the availability of substantial additional funding for the Company to continue its operations and to conduct research and development, and future product commercialization; and the Company's business, research, product development, regulatory approval, marketing and distribution plans and strategies.
Paul Rosenberg CEO (425)462-4219
