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OTCMKTS:MCIG – US Market Buzz http://www.usmarketbuzz.com Nation and Economy Mon, 20 Jul 2020 16:28:22 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.23 Marijuana Stocks 2.0; How Are You Investing? Urban Hydroponics Inc (OTCMKTS:URHY), Hemp Inc(OTCMKTS:HEMP), mCig Inc (OTCMKTS:MCIG) http://www.usmarketbuzz.com/marijuana-stocks-2-0-how-are-you-investing-urban-hydroponics-inc-otcmktsurhy-hemp-incotcmktshemp-mcig-inc-otcmktsmcig-3322 Thu, 05 Nov 2015 17:04:50 +0000 http://www.usmarketbuzz.com/?p=3322 According to the head of the Australian Stock Exchange, the world should be on the lookout for another mining boom by around 2020 by providing grants to mining companies. The Herald Sun reports that Chief Executive Elmer Funke Kupper states that the Federal Government should be lighter with the burden placed upon new mining companies by giving them a grant worth at least $150 million a year; a similar one has been set in Canada and has been very successful. According to Kupper, this would allow for new companies to share losses with investors rather than waiting seven years for actual operations to begin. He also added that $220 billion in mining equity capital was raised from 2007 to 2011 and may easily grow as technology improves.

A company also seeking such grants from the Federal Government is Urban Hydroponics Inc (OTCMKTS:URHY), which was formerly known as Placer Del Mar, Ltd. The difference is, though, that rather than being in Australia, this company is set in the United States. The company started out in Nevada on May 13, 2005, in order to mine and explore for minerals. On November 5, 2014, the Company signed a Binding Letter of Intent to merge three companies based in Canada into the urban cultivation sector. The companies are Urban Cultivator Inc., BC Northern Lights Enterprises Ltd., and W3 Metal Inc. Here’s a look at that CEO, Frank Terzo, stated: 

“This proposed merger transaction will bring public two of the leading name brands in hydroponics. Urban Cultivator and BC Northern Lights appliances have received accolades from trade publications and high-profile users alike. The increasing awareness around eating locally grown, higher nutrition foods that reduce our carbon footprint is a driving force behind the expanding growth of this market. We look forward to completing this merger transaction by the end of the calendar year.” Over the last few weeks, URHY has seen a lot of momentum. On October 16th, URHY hit a three-month low of $0.65 and traded with a volume of 7,500. Two weeks later, on October 30th, Urban Hydroponics Inc(OTCMKTS:URHY) grew 67.6% percent to a three-month high of $1.09. On that day, URHY and traded at twice the volume it did just two weeks before at 18,297. 

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The Future of Biotech Stocks; mCig Inc (OTCMKTS:MCIG), Amicus Therapeutics Inc. (NASDAQ:FOLD), Wee-Cig International Corp (OTCMKTS:WCIG), Great Basin Scientific Inc (NASDAQ:GBSN) http://www.usmarketbuzz.com/the-future-of-biotech-stocks-mcig-inc-otcmktsmcig-amicus-therapeutics-inc-nasdaqfold-wee-cig-international-corp-otcmktswcig-great-basin-scientific-inc-nasdaqgbsn-3255 Sat, 03 Oct 2015 17:46:15 +0000 http://www.usmarketbuzz.com/?p=3255 U.S. stocks rebounded during afternoon trading on Friday. A rally in health care and energy stocks outweighed early concerns about the economy after a disappointing jobs report. This rally has ignited a boost in trading for small cap stocks such as mCig Inc (OTCMKTS:MCIG), Amicus Therapeutics, Inc. (NASDAQ:FOLD), Great Basin Scientific Inc (NASDAQ:GBSN) and Wee-Cig International Corp (OTCMKTS:WCIG).

Amicus Therapeutics, Inc. (NASDAQ:FOLD), is a biopharmaceutical company that creates and commercializes therapeutic products for uncommon and orphan diseases. Its product candidate is a small molecule that can be utilized as a monotherapy and in combination with enzyme replacement therapy (ERT) for Fabry disease. FOLD announced more regulatory direction from the U.S. Food and Drug Administration (FDA) on the oral small molecule pharmacological chaperone migalastat for the treatment of Fabry disease making them a potential future leader for the biotech sector for investors to get involved.

Wee-Cig International Corp (OTCMKTS:WCIG) is involved in designing, developing, manufacturing, and marketing e-cigarettes and vaporizers across the globe. Its products facilitate consumers to vaporize dried herbs, such as mullein, raspberry leaves, cat nip, and sage, which help people to stop smoking and lower stress, as well as for inflamed or infected lungs. Wee-Cig International Corporation (WCIG) documents that in the past several months the company has released two new vape products, the Wee-True and Wee-Vape as well as a silicon container sold to medical marijuana shopd called the Wee-Blockz. WIth products like these people invested in the marijuana industry could see potential growth for there own business with the assistance of products like WCIG has to offer

mCig Inc (OTCMKTS:MCIG) develops, markets, and distributes electronic cigarettes, vaporizers, and accessories under the mCig and VitaCig brand name all across the United States. Just a few months after the completion of their Master Distributor Deal with CannaPods, MCIG goes beyond its commitment to the Cannabis growing space with a fully established, turnkey “drop and grow” solution starting at just $49,500. MCIG CannaPods can be delivered, ready to grow, in 4-6 weeks making MCIG a potential option to invest in if you are looking be involved in the marijuana industry.

EDUCATION ALERT: Why are doctors hiding THESE Breakthrough medicines?

Great Basin Scientific Inc (NASDAQ:GBSN), a molecular diagnostic testing company, conducts business as Great Basin Corporation, creates and commercializes molecular diagnostic systems that are developed to test hospital-acquired infections. The companys platform provides C. diff test, a rapid medical diagnostic test for the detection of C. diff, a gram-positive bacteria that causes severe diarrhea and other intestinal disorders. It also provides Group B streptococcus test, which is used to detect Group B streptococcus from an anal/vaginal swab of a pregnant woman. The Series C Warrants were issued as part of the Unit offering the Company concluded on March 2, 2015. The Company is also getting ready to file a proxy statement and hold a special shareholder conragation to gain approval to effect a reverse stock split and authorize additional common shares to meet its obligation to deliver common shares under the cashless exercise provision of the Series C Warrants.

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Marijuana Industry 2.0: How Has The Market Evolved? mCig Inc (OTCMKTS:MCIG), Ambient Water Corp (OTCBB:AWGI) http://www.usmarketbuzz.com/marijuana-industry-2-0-how-has-the-market-evolved-mcig-inc-otcmktsmcig-ambient-water-corp-otcbbawgi-3233 Tue, 22 Sep 2015 13:52:36 +0000 http://www.usmarketbuzz.com/?p=3233 According to a report from Greenwave Advisors – a firm focused on analyzing financial information for the marijuana industry expects legal cannabis to be an industry that generates “$35 billion by 2020 if marijuana is legalized at the federal level.” This has only been based off of the states that have legalized marijuana, which has been extremely profitable. For instance, Colorado has made more money in tax revenue from marijuana than it has in the last year; the legal cannabis industry made $70 million from sales as alcohol made under $42 million.With elections coming up, depending on who wins elections, the amount of money in the pot industry could multiply exponentially.

mCig Inc (OTCMKTS:MCIG) is a company that is working toward becoming the primary distributor of “technology, products, and services” for both medicinal and recreational marijuana. Because of mCig’s multiple channels and sub-distributors, the company has been able to sell their products throughout United States, United Kingdom, Europe, and Asia. mCig is also primarily focused on providing an entire line of products, technology, and services. mCig Inc (OTCMKTS:MCIG) is able to maintain its position on top by distributing CBD Vape lines along with other profitable CBD products. Check out more information on the company and what their future plans are: http://bit.ly/1KiHuJZ

Last week, mCig reported a positive cash flow. Over the three-month-period that ended on July 31, 2015, the company reported a revenue of $369,093. In 2014, at the end of July, the revenue was $107,446 which means that there has been an impressive 240% increase. mCig also reported a “Gross Profit Margin of 34.4%” during that same quarter. These numbers still do not include orders from their popular new Just Chill Brand, which is believed to contribute to a rise in Gross Profit Margin in future quarters.

Here’s what the company’s CEO, Paul Rosenberg had to say: “mCig Inc. continues to grow and maintain brand momentum. This quarter was an important transitional quarter for us because we completed a full operational reorganization of the Company.” This brought in positive momentum for MCIG, seeing a 30.79% change throughout the week. Since Monday, MCIG saw lows of $0.0302 and highs of $0.0395.

To follow this up, mCig announced on September 21 that the company would be officially servicing the cannabis grow space with the introduction of a novel product called CannaPods. This is the newest under the “Powered by MCIG” brand and a welcome addition to the marketplace. Growth is incredibly evident since legalization first took hold in 2014 and MCIG has made drastic adjustments from turning a very “vapor centric” product suite into what is now a full scale seed to sale business model. The Powered By MCIG CannaPods 2.0 and 2.0 XL are constructed using SIP panels, which create a hermetically sealed, mold-free, and sterile clean room environment that is highly insulated and ultra-energy efficient.

“Everyone is now realizing that the only solution for beginning growers with large visions are modular systems, and by simply adding Pods, the cultivators can increase their facility size as their business expands. We are also proud to announce that in addition to our pre-engineered models and warehouse conversion kits, the Hybrid GreenHouse Black-out Roof is now available furthering our commitment to be on the cutting edge of technology.”

Filene Lehman, President and CEO of Cannapods

The interiors are carefully designed and approved by the industry’s leading growing consultants and feature components by top brand names in the business; Cooling by Samsung, Link 4 Environment Control, Black Dog Led lights, Titan Co2 Enrichment Kits, IC Real Time Security System by Security Grade, and much more. Growers can control the growing environment using an IOS or Android smart phone…essentially MCIG has created a fully enclosed “plug and play” product for large scale and “residential level” growers in the marijuana industry.

“One of the fastest growing segments in the Cannabis Industry is the need for full solution grow equipment, and CannaPods are an affordable and easily installed answer to those needs…As we were building relationships with growers of all sizes, we recognized that most medicinal and legal recreational states are allowing individual growers to remain players in the space. Partnering with CannaPods through a Master Distributor Agreement allows us to appeal to experienced growers as well as new players in the industry with the MCIG CannaPods 2.0 and 2.0 XL. MCIG also offers various equipment, consulting, and technology for growers to further enhance their investment.”

Paul Rosenberg-CEO mCig Inc.

With research firms like ResearchAndMarkets estimating the overall value of the North American Cannabis market to reach nearly $21billion within the next 5 years, more entrepreneurs are scrambling to grab a foothold in a space that until now was seen as a black market of sorts. Business men from Wall St. to Main St. are diving in head first yet they lack the overall knowledge to actually cultivate the products necessary to thrive within the space. CannaPods have now opened a door making this a very quickly accessible space for novice and experienced organizations country-wide. The reports notes that the future growth of the cannabis market is largely reliant on the legalization of recreational or adult use of marijuana which is expected to gain a market share of almost 30% by 2020.

Also in the space, Ambient Water Corp (OTCBB:AWGI) has been analyzing the potential of the marijuana industry. Ambient Water Corp (OTCBB:AWGI) CEO Keith White stated, “As the industry becomes more commercialized over the next several years, growers are looking to get out of the typical warehouse-grow operations.”

It has been anticipated there will be over 12,000 stores selling some form of marijuana, be it recreational or medical, in the US by 2020. To date, four states — Colorado, Washington, Alaska and Oregon — have legalized retail marijuana. Washington, D.C., voters also legalized recreational marijuana use, but sales currently remain banned. Twenty-three states have legalized medical cannabis. Still, marijuana remains illegal at the federal level. More than 1.5 million shoppers purchased legal marijuana from a dispensary, either medical or recreational, in 2014. Five states now boast marijuana markets that are larger than $100 million, and in Colorado and Washington — the first states to open retail marijuana shops in the U.S. — consumers bought $370 million in marijuana products last year.

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Small Cap Stocks Rally as Wall Street Trades Higher on Thursday http://www.usmarketbuzz.com/small-cap-stocks-rally-as-wall-street-trades-higher-on-thursday-3223 Thu, 10 Sep 2015 20:48:50 +0000 http://www.usmarketbuzz.com/?p=3223 On Thursday, Wall Street was higher in during the afternoon in trading; Apple, as well as biotech shares, spiked the market past the Federal Reserve meeting that will be taking place next week. Since China lowered the value of its currency in August, U.S. Stocks have been very sporadic Managing director at Beam Capital Management in New York, Mohannad Aama, said “Volatility is here to stay for the rest of the fourth quarter because even if the Fed doesn’t raise rates next week, it is signaling that there is weakness in the economy.” This volatility has also been very evident in penny stocks such as Progressive Care Inc. (OTCMKTS:RXMD), and others.

Progressive Care Inc (OTCMKTS:RXMD) provides prescription pharmaceuticals in South Florida and focus on health practice and risk management. The company saw an increase in trading volume after news was released on Thursday morning recording another record breaking month; the pharmacy recorded over 16,500 prescriptions in August. This accumulated to around $1.17 million in revenues. This is a 32% increase from just a year ago. Furthermore, this is the third month in a row of record-breaking prescription sales. The COO of the company, Shital Parikh Mars, said, “These last few months are a true testament to the hard work our staff puts in to market the Company and live up to the high standards of care that we set. We are leading the way in the level and range of services we provide and the South Florida community has embraced it.”  RXMD over the last month has seen gains of 80.95% from lows of $0.0065 to highs of $0.0114.

High Performance Beverage Co. (OTCMKTS:TBEV) has also seen a rise in volume over the last couple of weeks. On Wednesday, the company announced a launch date of September 18, 2015 for their High Performance Sports Beverage. The company has made their own segment bit called “Throwdown Performance Beverages.” This segment produces a line of sport performance beverages made to sharpen mental focus and increase blood flow. By doing these two things, the body receives the fuel needed to get through an entire day, or just an event. The president of High Performance Beverage, Mike Holley, said “after speaking with Southeast Bottling we are confident that we will have the product out for shipping to our warehouse this Friday. We look forward to having our product in the hands of consumers within the next several days.” Over the last month, TBEV has been volatile with gains of 500% from lows of $0.0005 to highs of $0.003.

Axion Power International, Inc. (NASDAQ:AXPW) is another sporadic stock that specializes in technology. They design, manufacture, produce, and distribute advanced energy storage devices, components, and systems based on their very own PbC Technology. AXPW had a slow open at $1.59, but bounced 71.7% to a high of $2.73 in the afternoon at 1:10 PM. AXPW closed 45.05% higher than the open at $2.35. This is not the first time this week that AXPW has been volatile; in late August, the stock rose 273.78% from a low of $1.03 to a high of $3.85. Axion Power International Inc.’s monthly performance is up 5.890%.

mCig Inc (OTCMKTS:MCIG) is a top distributor of products, technologies, and services for both medicinal and recreational marijuana. On Thursday morning, mCig announced they signed an agreement with EmotekLabs, LLC. EmotekLabs is a Colorado-based company that develops award-winning commercial extractors. The partnership hopes to allow mCig to market the Emotek Cannapod and their line of extractors. Paul Rosenberg, CEO of mCig, Inc., stated, ”We are excited about the opportunity to work with Emotek and distribute their product to all legal zones around the world. The Emotek product line is a welcome addition to the portfolio of products mCig can offer.” This month, MCIG has seen a rise of 99.6% from $0.025 to $0.049.

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