The popularity of medical and recreational marijuana has not only affected the direct sellers of this drug, but others as well, who are directly or indirectly connected to it. According to reports, mCig Inc (OTCMKTS:MCIG) recently announced that it received an order worth $1.2 million for its CBD products. mCig is known for offering world-class technical and normal solutions for the recreational as well as legal marijuana industry.
Insights On The Matter:
mCig Inc (OTCMKTS:MCIG) has been on the lookout for expanding its businesses across the globe for the past few months. Reports claim that along with announcing new orders for CBD products, mCig also finalized a national wholesale agreement, with two of the largest distributors to make sure national wide reach. The wholesale agreement will facilitate mCig to supply its products across the country through more than 1,000 retail store locations.
Its new product line ‘CHILL! CBD Oil Vape Tanks’ has got a huge popularity in U.S.; therefore, mCig is trying to make use of this opportunity in the best possible way to promote other products and enhance its reach. Stores, as mentioned above, include various moke-shops, convenience stores, and hookah lounges. As per the reports, the company is planning to bring another 6,000 stores on board by the end of this year to expand its sales network. If it happens, then the overall revenues of mCig will surge significantly in the near future.
Along with the primary products of the company, VitaCig products, EM-J and CHILL! will also be distributed at all the stores across the country. The management of the company is excited to announce this news and expects that it will surely take the sales of mCig Inc on all new levels. It is a proud moment for all the mCig stakeholders. The company will keep giving such opportunities to its customers in the future as well.