{"id":533,"date":"2016-03-11T12:59:19","date_gmt":"2016-03-11T20:59:19","guid":{"rendered":"http:\/\/microcapspot.com\/?p=533"},"modified":"2016-03-11T12:59:19","modified_gmt":"2016-03-11T20:59:19","slug":"mcig-inc-otcmktsmcig-ready-better-2016","status":"publish","type":"post","link":"https:\/\/microcapspot.com\/mcig-inc-otcmktsmcig-ready-better-2016\/","title":{"rendered":"mCig Inc (OTCMKTS:MCIG) Ready for A Better 2016"},"content":{"rendered":"<p>mCig Inc (OTCMKTS:MCIG) surges on a recent development and new agreement with Green Leaf Farms to construct a large scale cultivation and production facility in Las Vegas. The facility will be a massive 26,000 square foot production and cultivation. The plan is to due a phased plan in order to scale as the Nevada medical marijuana market grows.<\/p>\n<p>The legal and recreational use of marijuana industry is one of the fastest growing industries in North America and will leave plenty of winners and losers on the table once the weak shake through the cracks. MCIG has had a disastrous decline from its 2013 highs of $0.80 down all the way to $0.019\u2026a 97%+ decline in value. The company is trying to stage a turnaround and create a sustainable, profitable business model. MCIG share price has been making advances forward since its lows in December. It is up over 100% since then and currently trading at a share price of $0.042.<\/p>\n<p>In addition to the recent announcement of the build out of a production and cultivation facility, MCIG has also announced the build out of another large square facility in the State of Washington. It secured a contract to build a new cultivation facility in Grant County.<\/p>\n<p>MCIG is a leading provider of advanced technologies and solutions to the cannabis industry. It manufactures and markets 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. Its two flagship brands include mCig and Vapolution brands. It also has a 47% stake in VitaCig.<\/p>\n<p style=\"text-align: center;\"><span style=\"color: #ff0000;\"><strong>We have a Monster Pick Coming. Subscribe Right Now!<\/strong><\/span><br \/>\n<span style=\"color: #ff0000;\"><strong> [newsletter_form]<\/strong><\/span><\/p>\n<p style=\"text-align: center;\"><img loading=\"lazy\" class=\"aligncenter size-full wp-image-535\" src=\"https:\/\/microcapspot.com\/wp-content\/uploads\/2016\/03\/sc-1-10.png\" alt=\"mCig Inc (OTCMKTS:MCIG) \" width=\"700\" height=\"312\" srcset=\"https:\/\/microcapspot.com\/wp-content\/uploads\/2016\/03\/sc-1-10.png 700w, https:\/\/microcapspot.com\/wp-content\/uploads\/2016\/03\/sc-1-10-300x134.png 300w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><\/p>\n<p>MCIG is currently trading at a $13.24 million market valuation. It has recently announced the build out of not one, but two production and cultivation facilities. This will bode well for MCIG\u2019s brand in a rapidly growing industry that is very dynamic. MCIG\u2019s revenues have been growing over the last five quarters which could be signifying a bottom and a turnaround. Stay tuned for this exciting microcap story.<\/p>\n<p style=\"text-align: center;\"><span style=\"color: #ff0000;\"><strong>We will be updating on MCIG when more details emerge so make sure you are subscribed to Microcapspot so you know what\u2019s going on with MCIG.<\/strong><\/span><\/p>\n<p>Disclosure: we hold no position in MCIG either long or short and we have not been compensated for this article.    \t<\/p>\n","protected":false},"excerpt":{"rendered":"<p>mCig Inc (OTCMKTS:MCIG) surges on a recent development and new agreement with Green Leaf Farms to construct a large scale cultivation and production facility in Las Vegas. The facility will be a massive 26,000 square foot production and cultivation. The plan is to due a phased plan in order to scale as the Nevada medical [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":534,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.4.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>mCig Inc (OTCMKTS:MCIG) Ready for A Better 2016 - MicroCap Spot<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/microcapspot.com\/mcig-inc-otcmktsmcig-ready-better-2016\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"mCig Inc (OTCMKTS:MCIG) Ready for A Better 2016 - MicroCap Spot\" \/>\n<meta property=\"og:description\" content=\"mCig Inc (OTCMKTS:MCIG) surges on a recent development and new agreement with Green Leaf Farms to construct a large scale cultivation and production facility in Las Vegas. The facility will be a massive 26,000 square foot production and cultivation. The plan is to due a phased plan in order to scale as the Nevada medical [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/microcapspot.com\/mcig-inc-otcmktsmcig-ready-better-2016\/\" \/>\n<meta property=\"og:site_name\" content=\"MicroCap Spot\" \/>\n<meta property=\"article:published_time\" content=\"2016-03-11T20:59:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/microcapspot.com\/wp-content\/uploads\/2016\/03\/Biotech-Stocks-Venture-Capital.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"743\" \/>\n\t<meta property=\"og:image:height\" content=\"482\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Steve Moore\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Organization\",\"@id\":\"https:\/\/microcapspot.com\/#organization\",\"name\":\"MicroCap Spot\",\"url\":\"https:\/\/microcapspot.com\/\",\"sameAs\":[],\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/microcapspot.com\/#logo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/microcapspot.com\/wp-content\/uploads\/2020\/04\/MicroCap-Spotlight-OTC-Stock-Market-News.png\",\"contentUrl\":\"https:\/\/microcapspot.com\/wp-content\/uploads\/2020\/04\/MicroCap-Spotlight-OTC-Stock-Market-News.png\",\"width\":382,\"height\":78,\"caption\":\"MicroCap Spot\"},\"image\":{\"@id\":\"https:\/\/microcapspot.com\/#logo\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/microcapspot.com\/#website\",\"url\":\"https:\/\/microcapspot.com\/\",\"name\":\"MicroCap Spot\",\"description\":\"News, Research &amp; 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