mCig Inc. Receives $1.2-Million+ Record Order for
Post# of 2155
Posted On: 03/08/2015 10:06:08 AM
mCig Inc. Receives $1.2-Million+ Record Order for CBD Products; Finalizing Distribution Agreement with More than 1000 Retail Outlets
BEVERLY HILLS, CA -- Mar. 5, 2015 (GLOBE NEWSWIRE) -- mCig® Inc. (OTCBB: MCIG), a leading provider of technologies and solutions for the legal medical and recreational marijuana industry, is proud to announce a record initial CBD product order worth more than $1.2 million. mCig, Inc. also announces that it is finalizing a nationwide wholesale agreement with two large national distributors to supply these high-demand CBD products to more than 1,000 retail store locations.
mCig is capitalizing on the popularity from the new CHILL! CBD Oil Vape Tanks (www.chillcbdoil.com) to gain entry for all of mCig and VitaCig products to stores across the US. In addition to the 1,000 initial stores, which include smoke shops, hookah lounges, and convenience stores, another 6,000 stores through the national distributors are expected to be brought in over the next 12 months. Coupled with Café Serendipity's sales team, all mCig products including EM-J and CHILL, and all VitaCig products, will also be introduced and distributed to thousands of dispensary locations nationwide.
"This is an important day for all mCig shareholders as this distribution agreement will immediately introduce our brands and line of products to thousands-upon-thousands of consumers across America and bring our revenues to historically high levels. We are working tirelessly to improve our formulas and bring innovative products to market as we deliver on our vision. We have similarly high hopes for our new EM-J line of disposable, pre-filled products, which is expected to reach the market later this month. mCig, Inc. is in a great position now with a full slate of new product releases, dedicated sales team, an ever-growing partner network, including our distribution agreement with Cafe Serendipity, and new and innovative line of CBD products." said Paul Rosenberg CEO mCig, Inc.
mCig's new CHILL! CBD Oil is available in prefilled tanks and is ready-made for our popular mCig 2.x model vaporizer device. Natural flavorings, larger tank sizes, and sleek new vape pens will be available soon. Legal in all 50 states and some 40-plus countries, CHILL! is derived from CBD Hemp Oil, which is assumed to deliver a number of health and wellness-related benefits.
Joe Spencer, previously announced as Executive Vice President of its Hemp Division, has decided to undertake another business opportunity and we wish him well in his endeavors.
BEVERLY HILLS, CA -- Mar. 5, 2015 (GLOBE NEWSWIRE) -- mCig® Inc. (OTCBB: MCIG), a leading provider of technologies and solutions for the legal medical and recreational marijuana industry, is proud to announce a record initial CBD product order worth more than $1.2 million. mCig, Inc. also announces that it is finalizing a nationwide wholesale agreement with two large national distributors to supply these high-demand CBD products to more than 1,000 retail store locations.
mCig is capitalizing on the popularity from the new CHILL! CBD Oil Vape Tanks (www.chillcbdoil.com) to gain entry for all of mCig and VitaCig products to stores across the US. In addition to the 1,000 initial stores, which include smoke shops, hookah lounges, and convenience stores, another 6,000 stores through the national distributors are expected to be brought in over the next 12 months. Coupled with Café Serendipity's sales team, all mCig products including EM-J and CHILL, and all VitaCig products, will also be introduced and distributed to thousands of dispensary locations nationwide.
"This is an important day for all mCig shareholders as this distribution agreement will immediately introduce our brands and line of products to thousands-upon-thousands of consumers across America and bring our revenues to historically high levels. We are working tirelessly to improve our formulas and bring innovative products to market as we deliver on our vision. We have similarly high hopes for our new EM-J line of disposable, pre-filled products, which is expected to reach the market later this month. mCig, Inc. is in a great position now with a full slate of new product releases, dedicated sales team, an ever-growing partner network, including our distribution agreement with Cafe Serendipity, and new and innovative line of CBD products." said Paul Rosenberg CEO mCig, Inc.
mCig's new CHILL! CBD Oil is available in prefilled tanks and is ready-made for our popular mCig 2.x model vaporizer device. Natural flavorings, larger tank sizes, and sleek new vape pens will be available soon. Legal in all 50 states and some 40-plus countries, CHILL! is derived from CBD Hemp Oil, which is assumed to deliver a number of health and wellness-related benefits.
Joe Spencer, previously announced as Executive Vice President of its Hemp Division, has decided to undertake another business opportunity and we wish him well in his endeavors.
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