mCig, Inc. Announces Scope of Project Expansion an
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HENDERSON, NV--(Marketwired - Jun 10, 2016) - Scalable Solutions, Inc., a subsidiary of mCig, Inc. (OTCQB: MCIG), the emerging leader in Marijuana Cultivation construction, will host a shareholder and client gathering at the 30,000 square foot Green Leaf facility to tour the warehouse facility. During this gathering, MCIG's Grow Division will discuss the project, including the recent expansions of a 2,000 square ft. production and extraction kitchen.
Shareholders should note that by the numbers, the current Green Leaf project is priced at $1,695,000 with over $200,000 in consulting fees built into the construction project. Phase 1 is now valued at $805,085 with slightly more of the pro-rata profit and consulting fees upfront. As of today, Scalable Solutions finished designing a new addition to the scope of work, a production facility which will add approximately $500,000 including fees of project improvements once finalized, with potential for more upgrades. To date, demolition and site layout were finished last month and all progress on projects can be viewed at http://mcig.org/project-updates/.
In a renewed effort to keep shareholders informed and expand its growing portfolio of products and services, MCIG will use Green Leaf's media arm as an added built-in bonus. This MCIG Green Leaf co-venture allows the exchange of consulting services and media outreach at no cost for either party, yet allows for savings by pooling certain skill sets and by no means detracts from construction profits in any way, shape or form.
http://finance.yahoo.com/news/mcig-inc-announ...00738.html