Harvest at Hemp Operation in New York to be Completed by the End of the Week
JACKSONVILLE, FL, Oct. 29, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – mCig, Inc. (OTCQB: MCIG), an innovative hemp and cannabis corporation, is pleased to announce its first hemp harvest is expected to be completed by the end of the week.
Once the plants have dried, the buds will be stripped, bagged, and prepared for ethanol extraction. The development of high-output ethanol extraction equipment will allow the company to keep processing costs to a minimum. mCig will keep some of the plants to process for its own needs, including its new pet line, Artax, and its forthcoming pain cream. The remainder of the crop will be sold.
CEO of mCig, Paul Rosenberg, states: “The New York farm has now proven to be a viable revenue stream for the company. The farm has the ability to produce plants that pass inspection and can be successfully harvested. We are looking forward to our next planting in March 2019, which will expand our harvest to 120 acres.”
About MCIG Group (MCIG)
Headquartered in Jacksonville, Florida, mCig, Inc. (OTCQB: MCIG) is a diversified company servicing the legal cannabis, hemp, and CBD markets via its lifestyle brands. mCig, Inc. is committed to being the leading distributor of technology, products, and services to fit the needs of a rapidly expanding industry.
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