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.
Industry, Sector and Symbol
Stock Exchange OTCMKTS
Industry Cigarettes
Sub-IndustryCannabis
SectorComputer and Technology
Current SymbolOTCMKTS:MCIG
Previous Symbol
CUSIPN/A
Phone570-778-6459
Debt
Debt-to-Equity RatioN/A
Current Ratio1.32
Quick Ratio0.90
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$7.08 million
Price / Sales13.87
Cash FlowN/A
Price / Cash FlowN/A
Book Value$0.01 per share
Price / Book19.00
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$-1,070,000.00
Net Margins-35.11%
Return on Equity-22.13%
Return on Assets-17.80%
Miscellaneous
EmployeesN/A
Outstanding Shares516,970,000
Market Cap$100.29 million
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) announced its earnings results 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 net margin of 35.11% and a negative return on equity of 22.13%. View mCig's Earnings History.
When is mCig's next earnings date?
Has mCig been receiving favorable news coverage?
News coverage about MCIG stock has trended somewhat positive recently, according to InfoTrie. The research group identifies negative and positive media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. mCig earned a media sentiment score of 1.8 on InfoTrie's scale. They also assigned media coverage about the cannabis construction company a news buzz of 3.0 out of 10, meaning that recent media coverage is unlikely to have an effect on the company's share price in the next few days.
Who are some of mCig's key competitors?
Who are mCig's key executives?
mCig's management team includes the folowing people:
- Mr. Paul Rosenberg, Chairman, Pres, CEO, Treasurer & Sec. (Age 48)
- Mr. Michael W. Hawkins, CFO, COO, Chief Accounting Officer & Director (Age 56)
- Mr. Alex Mardikian, Chief Marketing Officer (Age 47)
- 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 $0.1904.
How big of a company is mCig?
mCig has a market capitalization of $100.29 million and generates $7.08 million in revenue each year.
What is mCig's official website?
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)
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.
