The growth of Marijuana industry across the globe has been phenomenal over the past few years. People not only buy medical and recreations marijuana, but various other products related to it. According to a report, mCig Inc (OTCMKTS:MCIG) recently announced that it received orders worth $1.2 million for CBD products. MCIG is known for offering world-class technologies and IT solutions for the legal recreational and medical marijuana industry.
Apart from the initial orders worth millions, the company also entered into a nationwide agreement with two distributors. Upon the successful execution of this agreement, MCIG will be able to supply its CBD products to around 1,000 retail stores across the country.
Future Expansion Plans Of MCIG:
The CHILL! CBD Oil Vape Tanks of MCIG gained a huge popularity in the United States, which has prompted the company to try for other CBD products as well. The initial 1,000 stores, through which the company has decided to distribute its products, include various hookah lounges, smoke shops, and various convenience shops. MCIG is planning to get in touch, with another 6,000 distribution stores in the U.S. over the next twelve months. It will take the help of the sales team of Café Serendipity to distribute its products including EM-J & CHILL! and all the other VitaCig products.
Management of mCig Inc (OTCMKTS:MCIG) seems very optimistic about the success of CBD products in the near future. According to Paul Rosenberg, it’s a big day for the company and for its shareholders. The exposure that MCIG will get through reaching thousands of customers will help it for a very long time. Committed sales team, excellent market conditions and innovative products place MCIG in a great position to explore the market. It has already touched high level in revenues after initiating operations in America and continues to set new milestones in the near future by making available innovative products for all the customers.