OTCMKTS:MCIG - mCig Stock Price, News, & Analysis

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$0.1366 +0.01 (+7.90 %)
(As of 03/21/2019 01:30 PM ET)
Previous Close$0.1250
Today's Range$0.1251 - $0.14
52-Week Range$0.1025 - $0.3765
Volume880,917 shs
Average Volume1.75 million shs
Market Capitalization$70.62 million
P/E RatioN/A
Dividend YieldN/A
mCig, Inc. operates in the cannabis industry in the United States and internationally. The company operates through four segments: Cultivation, Manufacturing and Distribution (CMD); Retail Sales; Media and Technologies; and Agriculture. The CMD segment designs, develops, engineers, and constructs modular buildings and green houses that assist cannabis and herbal growers in the market, as well as offers consulting services in the cannabis industry. The Retail Sales segment engages in the retail, distribution, and online sale of electronic cigarettes, CBD products, and vaporizers, as well as supplies for cannabis distributors, growers, and dispensaries. The Media and Technologies segment operates 420cloud, a social platform for advertising services in the cannabis and cryptocurrency markets; and provides software solutions, Website development, and other social media services. The Agriculture segment is involved in planting and growing industrial hemp. mCig, Inc. offers financial and consulting services to cannabis and cryptocurrency markets. The company was formerly known as Lifetech Industries, Inc. and changed its name to mCig, Inc. in August 2013. mCig, Inc. was founded in 2010 and is headquartered in Las Jacksonville, Florida.

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Industry, Sector and Symbol

Industry Cigarettes
SectorComputer and Technology
Current SymbolOTCMKTS:MCIG



Sales & Book Value

Annual Sales$7.08 million
Book Value$0.01 per share


Net Income$-1,070,000.00


Market Cap$70.62 million
Next Earnings Date4/15/2019 (Estimated)
OptionableNot Optionable

mCig (OTCMKTS:MCIG) Frequently Asked Questions

What is mCig's stock symbol?

mCig trades on the OTCMKTS under the ticker symbol "MCIG."

How were mCig's earnings last quarter?

mCig Inc (OTCMKTS:MCIG) issued its quarterly earnings data on Friday, August, 31st. The cannabis construction company reported $0.00 earnings per share for the quarter. The cannabis construction company earned $1.07 million during the quarter. mCig had a negative return on equity of 37.39% and a negative net margin of 90.08%. View mCig's Earnings History.

When is mCig's next earnings date?

mCig is scheduled to release their next quarterly earnings announcement on Monday, April 15th 2019. View Earnings Estimates for mCig.

Has mCig been receiving favorable news coverage?

Media coverage about MCIG stock has trended somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. mCig earned a media sentiment score of 1.7 on InfoTrie's scale. They also assigned news coverage about the cannabis construction company a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an effect on the stock's share price in the immediate future.

Who are some of mCig's key competitors?

What other stocks do shareholders of mCig own?

Based on aggregate information from My MarketBeat watchlists, some companies that other mCig investors own include Medical Marijuana (MJNA), Canopy Growth (CGC), Aurora Cannabis (ACBFF), 22nd Century Group (XXII), Terra Tech (TRTC), KushCo (KSHB), Aphria (APHQF), Micron Technology (MU), Cara Therapeutics (CARA) and Cannabis Science (CBIS).

Who are mCig's key executives?

mCig's management team includes the folowing people:
  • Mr. Paul Rosenberg, Chairman, Pres, CEO, Treasurer & Sec. (Age 49)
  • Mr. Michael W. Hawkins, CFO, COO, Chief Accounting Officer & Director (Age 57)
  • Mr. Alex Mardikian, Chief Marketing Officer (Age 48)
  • Dr. Hanya Toshio, Chairman of International Advisory Board and Chief Technical Advisor
  • Mr. Michael Snody, Chief R&D Officer

How do I buy shares of mCig?

Shares of MCIG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is mCig's stock price today?

One share of MCIG stock can currently be purchased for approximately $0.1370.

How big of a company is mCig?

mCig has a market capitalization of $70.82 million and generates $7.08 million in revenue each year.

What is mCig's official website?

The official website for mCig is http://www.mciggroup.com.

How can I contact mCig?

mCig's mailing address is 4720 Salisbury Road, Jacksonville FL, 32256. The cannabis construction company can be reached via phone at 570-778-6459 or via email at [email protected]

MarketBeat Community Rating for mCig (OTCMKTS MCIG)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  109 (Vote Outperform)
Underperform Votes:  109 (Vote Underperform)
Total Votes:  218
MarketBeat's community ratings are surveys of what our community members think about mCig and other stocks. Vote "Outperform" if you believe MCIG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MCIG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/21/2019 by MarketBeat.com Staff

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