mCig Inc (OTCMKTS:MCIG), a leading company in the field of legal recreational and medical marijuana industry, stated that it received a record initial CBD product order worth over $1.2 million. The company is finalizing a nationwide wholesale deal with two reputed national distributors to supply the CBD products to almost 1,000 retail store locations.
mCig is cashing on the popularity of the new CHILL! CBD Oil Vape Tanks to obtain entry for all of VitaCig and mCig products to stores across the nation. The initial stores include convenience stores, smoke shops, and hookah lounges. Apart from it, the company intends to target additional 6,000 stores through the two national distributors in over the next one year. Together with Café Serendipity’s sales team, all products including the CHILL! And EM-J and all VitaCig products will be launched and distributed to a number of dispensary locations in the U.S.
The management view
Paul Rosenberg, the CEO of mCig said that it was an important day for company’s shareholders as the new distribution deal will immediately launch the new brand and line of products to consumers across the nation. The new deal will help the company to generate revenue to historically high levels. The management is working strenuously to improve the formulas and introduce innovative products in the industry.
mCig Inc (OTCMKTS:MCIG) has high expectations from its new EM-J line of pre-filled and disposable products, which is anticipated to be launched later this month. The company is well positioned with a full slate of dedicated sales team, a growing partner network, new product releases and dedicated sales team, including its distribution deal with Cafe Serendipity, and innovative and new pipeline of CBD products. The company’s new CBD oil is offered in prefilled tanks and tailor-made for its mCig 2.x model vaporizer. It will introduce sleek new vape pens, natural flavorings and larger tank sizes will be available soon.