mCig, Inc. Begins Operations in California

mCig, Inc. Begins Operations in California

Today, mCig, Inc. (OTC:$MCIG) announced that they were commencing operations in California. The company’s supply division has successfully expanded into the state with its operation headquartered in Temecula, California. The company says that it is looking to work with production facilities, dispensaries, and growers to fulfill the demand across California.

The company expects continual growth based on the ever increasing customer base throughout California. According to the Nevada Department of Taxation, Nevada dispensaries made $27 million in the first month alone. This far surpasses the tax revenue from Washington, Colorado, and Oregon during their first month of sales.

“Nevada’s record breaking sales have fired up orders to all of our product lines. We are racing to keep up with demand as each order outstrips our inventory faster than the last. At this rate, the company forecasts a $2 million per year revenue for the Supply Division alone, and this only includes the state of Nevada,” said Charlie Fox, Cannabiz Supply CEO.

The company is located out of Henderson, Nevada. The company specializes in servicing the legal cannabis, hemp, and CBD markets through its various lifestyle brands. Originally formed as a vaporizer manufacturer, the company has transitioned into full service cultivation and distribution of cannabis and cannabis products.

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