mCig, Inc. Makes Strategic Investment in Native Ca
Post# of 2155
Posted On: 03/20/2015 10:35:45 AM
mCig, Inc. Makes Strategic Investment in Native Cannabis Trade Organization (NCTO)
mCig, Inc. and NCTO to Jointly Educate and Market to Native American Tribes on Advanced Marijuana Growing, Processing, and Retailing Methods, as Well as Funding and Legal Issues.
BEVERLY HILLS, CA--(Marketwired - Mar 20, 2015) - mCig, Inc. (OTCQB: MCIG), a leading provider of technologies and services for the legal medical and recreational marijuana industry, has made a strategic investment in the Native Cannabis Trade Organization (NCTO) to jointly educate, council and market to Native American Tribes in key states around the country. NCTO works with Native American Tribal communities to assist in joint venture agreements to build out growing facilities on reservation lands using the most current growing technology along with providing capital funding.
The educational outreach program will serve to advise Native American Tribal communities in creating a thriving marijuana industry. The federal government has recently acknowledged Native American Tribal sovereignty in the marijuana business, leading the way for the creation of thousands of needed new jobs and revenues within the Tribes.
According to Paul Rosenberg, mCig CEO, "NCTO is the only national trade organization advancing the interests of the legitimate and responsible cannabis industry. By collaborating with the NCTO, we can extend our broad-base of expertise -- from financing, to state-of-the-art growing, processing, and distribution practices -- and help Native Americans navigate the unique needs of the emerging cannabis industry, now considered to be the country's fastest growing."
http://marijuanaindex.com/industry-news-item/
mCig, Inc. and NCTO to Jointly Educate and Market to Native American Tribes on Advanced Marijuana Growing, Processing, and Retailing Methods, as Well as Funding and Legal Issues.
BEVERLY HILLS, CA--(Marketwired - Mar 20, 2015) - mCig, Inc. (OTCQB: MCIG), a leading provider of technologies and services for the legal medical and recreational marijuana industry, has made a strategic investment in the Native Cannabis Trade Organization (NCTO) to jointly educate, council and market to Native American Tribes in key states around the country. NCTO works with Native American Tribal communities to assist in joint venture agreements to build out growing facilities on reservation lands using the most current growing technology along with providing capital funding.
The educational outreach program will serve to advise Native American Tribal communities in creating a thriving marijuana industry. The federal government has recently acknowledged Native American Tribal sovereignty in the marijuana business, leading the way for the creation of thousands of needed new jobs and revenues within the Tribes.
According to Paul Rosenberg, mCig CEO, "NCTO is the only national trade organization advancing the interests of the legitimate and responsible cannabis industry. By collaborating with the NCTO, we can extend our broad-base of expertise -- from financing, to state-of-the-art growing, processing, and distribution practices -- and help Native Americans navigate the unique needs of the emerging cannabis industry, now considered to be the country's fastest growing."
http://marijuanaindex.com/industry-news-item/
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