The North American Marijuana Index, a stock index that tracks the top performing cannabis stocks in the U.S. and Canada, increased 11% in July. This marks the first positive month for the North American Index since January.
Tag Archives: MCIG
HENDERSON, Nev., May 1, 2017 /Weed Wire/ – mCig, Inc. (OTCQB: MCIG) a leading distributor of innovative products, technologies and services for the global medical cannabis industry is pleased to announce the launch of 420 Cloud on Google Play (and available soon in the Apple store), the company’s latest addition to its technology division.
MJIC Inc. has added five new companies to the U.S. Marijuana Index as a result of its quarterly rebalancing.
HENDERSON, Nev., Feb. 27, 2017 /Weed Wire/ — mCig, Inc. (OTCQB: MCIG), a diversified company focused on the cannabis industry, announced today that it has entered into an asset purchase agreement with Stony Hill Corp. (OTCQB: STNY) for the purpose of pursuing mutually beneficial business opportunities in the Cannabidiol (CBD) Industry.
HENDERSON, Nev., Feb. 1, 2017 /Weed Wire/ — mCig Inc., (OTCQB: MCIG), a diversified company servicing the legal cannabis, hemp, and CBD markets, announced today it has entered into legally binding subscription agreements with Paul Rosenberg, Chairman and Chief Executive Officer and Michael Hawkins, Chief Financial Officer for the issuance of 25,000 newly issued Series A Preferred shares each.
HENDERSON, Nev., Dec. 12, 2016 /Weed Wire/ — mCig, Inc. (OTCQB: MCIG), a diversified company servicing the legal cannabis, hemp, and CBD markets announced today that it will be filing its second quarter financial report with SEC after the close of financial markets on Monday, December 12, 2016.
Nov. 17, 2016 /Weed Wire/ — mCig, Inc. (OTCQB: MCIG), a diversified company serving the legal cannabis, hemp, and CBD markets, updates shareholders from the Las Vegas Conference on an industry changing deal that Scalable Solutions has signed an exclusive agreement with Sangreen International Agricultural Technology Co, one of the premier greenhouse manufacturers in the World.
HENDERSON, Nev., Oct. 6, 2016 /Weed Wire/ — Scalable Solutions Inc., a subsidiary of mCig, Inc. (OTCQB: MCIG), announces it has entered into an agreement to manage the phase 1 construction of a 24,000 sq. ft. high tech desert greenhouse and a 10,000 sq. ft. production facility in North Las Vegas, Nevada with Solaris.
HENDERSON, Nev., Sept. 1, 2016 /Weed Wire/ — mCig, Inc. (OTCQB: MCIG), a diversified company serving the legal cannabis, hemp, and CBD markets, announced today its summarized audited financial results for its 2016 Fiscal Year.
HENDERSON, Nev., Aug. 3, 2016 /Weed Wire/ — mCig, Inc. (OTCQB: MCIG), a diversified company serving the legal cannabis, hemp, and CBD markets, announced today the release of a research report and analysis by Technical 420, LLC
HENDERSON, June 27, 2016 /Weed Wire/ — mCig, Inc. (OTCQB: MCIG), a leading distributor of technology, products, and services in the Cannabis industry, recently filed an 8K announcing the acquisition of VitaCig, Inc. (OTC PINK: VTCQ) e-cig and CBD business.
HENDERSON, Nev., June 10, 2016 /Weed Wire/ — Scalable Solutions, Inc., a subsidiary of mCig, Inc. (OTCQB: MCIG), the emerging leader in Marijuana Cultivation construction, will host a shareholder and client gathering at the 30,000 square foot Green Leaf facility to tour the warehouse facility.
Cannabis stocks started out the first trading day of the month with optimism. Are cannabis bulls returning to the space?
U.S. Q3 GDP revisions came out today and the news was quite positive. The good old U.S. economy posted a 5% annualized growth rate.
U.S. stocks continued their upward trend on the back of broad economic optimism. Consumer confidence is climbing to a seven year high, as people head into the heat of the holiday shopping season.
U.S. equities opened strong again and traded softer on waning volume, a similar pattern for the third consecutive day. International markets have been a bit stronger recently which has contributed to the early strength in U.S. stocks.
With pot now legal in two states for the past year,and decriminalized, conditionally legal, or medically prescribed in many more, ganja startups are gaining traction — and the growth potential is huge, if other states legalize.
U.S. equities continued to creep higher today extending its recent outperformance over international markets. This performance gap is starting to feel a bit discomforting … .
The Department of Health and Human Services reports marijuana smokers increasing at a rate of about 6,600 new users each day. However, if you are in most urban areas, you are not going to be sharing second-hand smoke of any kind.
Today the S&P 500 caps the biggest rally in a year, up 1.9% to 1,941. Are we already heading back to record highs? If so, the recent correction will have been nothing more than a blip on the radar.
The S&P 500, Russell 2k and Russell MicroCap all experienced gains of > 1.7%. MJIC Marijuana Index and Benzinga 420 Marijuana Index both underperformed, with a gain of 0.09% and a decline of 1.51% respectively.