mCig(R) Inc. (MCIG) is a leading technologies and solutions holding company for the legal medical and recreational marijuana industry. mCig manufactures and markets best-selling portable and home vaporizers, extraction related equipment, CBD Rich Hemp Oil-derived products, and related nutraceuticals based on natural compounds found in Cannabis and Hemp plants.
The company owns the mCig and Vapolution brands, and has a 47% stake in VitaCig (VTCQ), makers of the VitaStik, a disposable vitamin vaporizer.
mCig is moving very quickly to expand its footprint across all major marijuana-friendly states. The company believes that a well-regulated marijuana industry is emerging as more states follow the lead of Alaska, Colorado, Oregon, and Washington in legalizing marijuana. A similar trend is developing within the CBD and Hemp industries following overwhelming consumer demand.
The company’s technology helps growers and dispensaries become more informed about their growing operations, inventory management, and legal compliances. It also provides insight into sales, customer buying habits, and other dispensary operations.