mCigs Subsidiary, Grow Contractors Inc, Helps Secure Cultivation … – Markets Insider

JACKSONVILLE, FL, Jan. 02, 2018 (GLOBE NEWSWIRE) — mCig, Inc  (OTCQB: MCIG), a leading distributor of innovative products, customized packaging solutions, technologies, and services for the global medical cannabis industry, is pleased to announce that its Grow Contractors (GC) division has secured cannabis cultivation and manufacturing licenses for one of its clients in San Gabriel Valley, California. The licenses permit the production and sale of cannabis products throughout California, a state with a new recreational marijuana economy said to be valued at $7 billion and is currently takes 30% market share of the US cannabis market.  

“It was a very competitive and stressful process, but ultimately the persistence of the client and our industry expertise compelled the city council to grant us one of these valuable dual-purpose licenses. There’s no limit to the size of our extraction facility and we are allowed 22,000 square feet of cultivation canopy, which will generate nice profits. The goal is to get a jump start on the inevitable demand in 2018.” said Robert Kressa, CEO of Grow Contractors.

The next step is a

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