SOURCE: mCig, Inc.

mCig, Inc.

June 10, 2016 08:00 ET

mCig, Inc. Announces Scope of Project Expansion and Shareholder Gathering at Green Leaf Facility on July 15th at 2:00 PM

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.

About Scalable Solutions, Inc.

Headquartered in Henderson, Nevada, Scalable Solutions, Inc., is dedicated to servicing the Cannabis industry as a leading large scale Cannabis cultivation construction company and consultant. The company provides full planning, design, construction, equipment, and consulting services for large scale grows, modular Growpod technology for warehouse conversions, and a line of home grow units to fully capture all aspects of Cannabis growers' needs.

About mCig, Inc.

Headquartered in Henderson, Nevada, mCig Inc. (OTCQB: MCIG) is a diversified company servicing the legal cannabis, hemp and CBD markets via its lifestyle brands. MCIG has transitioned from a vaporizer manufacturer to industry leading large scale, full service cannabis cultivation construction company with its Scalable Solutions division currently operating in the rapidly expanding Nevada market. The company looks forward to growing its core competencies to service the Ancillary legal Cannabis, Hemp and CBD markets, with broader expansion to take place once federal laws change. For more information visit www.mcig.org.

About Player's Network

Player's Network is a diversified company with holdings in both Media and Medical Marijuana. The Company uses its proprietary Enterprise Web Platform to develop Branded Digital Lifestyle Television Networks for itself and its partners in a wide range of lifestyle categories. Player's Network's current original channels, "Player's Network," "Vegas on Demand," "Real Vegas TV," focus on the Las Vegas and Gaming Lifestyles. These channels are distributed over PNTV's owned and operated VOD Channels over its Broadband Network and Mobile Platforms. The Medical Marijuana assets are primarily through the Company's 80% ownership in Greenleaf Farms Holdings, and PNTV's newest channel, "WeedTV.com," which focuses on the rapidly expanding cannabis community. For more information please visit www.playersnetwork.com.

Safe Harbor Statement

Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Any forward-looking statements contained herein are based on current expectations, but are subject to a number of risks and uncertainties. The factors that could cause actual future results to differ materially from current expectations include, but are not limited to, risks and uncertainties relating to the Company's ability to develop, market and sell products based on its technology; the expected benefits and efficacy of the Company's products and technology; the availability of substantial additional funding for the Company to continue its operations and to conduct research and development, and future product commercialization; and the Company's business, research, product development, regulatory approval, marketing and distribution plans and strategies.

Contact Information

  • mCig Inc.
    Paul Rosenberg
    Attn: Chief Executive Officer
    info@mcig.org