mCig (OTCQB:MCIG) reported the filing of its 3rd Quarter financial reports with the SEC. Highlights of the company’s earnings statement includes a 446 percent increase in revenue in the three months ended January 31, 2017 compared to the same quarter in the previous year. Current assets reported are at $1,259,689. 
As quoted in the press release:

Highlights of the earnings statement include:
Three months ended January 31, 2017 compared to the three months ended January 31, 2016


  • Revenue increased 446% to $1,362,689 compared to $249,641
  • Gross profit increased 239% to $288,230 compared to $85,076
  • Expenses decreased 27% to $97,052 compared to $133,236
  • Cash and cash equivalents increased 422% to $420,888 compared to $80,542
  • Current assets increased 1,241% to $1,259,689 compared to $93,930

Three months ended January 31, 2017 compared to the three months ended October 31, 2016

  • Revenue increased 120% to $1,362,689 compared to $620,015
  • Gross profit increased 31% to $288,230 compared to $220,151
  • Expenses decreased 63% to $97,052 compared to $262,437
  • Cash and cash equivalents increased 47% to $420,888 compared to $285,812
  • Current assets increased 116% to $1,259,689 compared to $583,695

Subsequent actions during this quarter

  • VitaCig experiences its best month in its history exceeding all of last quarter’s revenue numbers for its segment

  • MCIG enters into joint venture for expansion of its VITACBD brand.

  • MCIG expands operations to include new cannabis supplies segment

  • Grow Contractors expands operation to include Oregon, where it is constructing a new facility.

  • MCIG completes its first construction project and awaiting clients Certificate of Occupancy

Click here for the full press release. 

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