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. 

Trulieve Cannabis Corp. (“Trulieve” or the “Company”) (CSE: TRUL) (OTCQX: TCNNF), a leading and top-performing cannabis company in the United States today announced the appointment of Marcum LLP (“Marcum”) as its independent registered public accounting firm, effective July 5, 2021 . Marcum was appointed following the resignation of MNP LLP (“MNP”) as the Company’s independent registered public accounting firm effective July 5, 2021 .

“We would like to thank MNP for their guidance and expertise over the past two years and we look forward to working with Marcum as the Company’s new independent registered public accounting firm,” stated Chief Financial Officer, Alex D’Amico.

Keep reading... Show less

Cannabis-infused beverages are not a new product concept, but this summer Canadian drink makers hope consumers will discover them for the first time.

Recreational cannabis beverages have beguiled Canadian producers through different avenues, and many continue to make investments. The promise of these drinks lies in the potential of a more welcoming option for new consumers who may be out of their depth with rolled-up dried flower.

Keep reading... Show less

In the news release, BioHarvest Sciences Inc.‘s First Cannabis Cell Reservoir Produces Ongoing Flowering Stage Cannabinoid Cells For 2 Years, issued 07-Jul-2021 by BioHarvest Sciences Inc. over PR Newswire, we are advised by the company that an incorrect version of the release was issued inadvertently. The complete, corrected release follows:

BioHarvest Sciences Inc.‘s First Cannabis Cell Reservoir Produces Ongoing Flowering Stage Cannabinoid Cells For 2 Years

Keep reading... Show less

Trulieve is the first medical cannabis operator to start planting in the state

Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) (“Trulieve” or “the Company”), a leading and top-performing cannabis company based in the United States announced today that it commenced operations in West Virginia . The Company has begun cultivation at their 100,000 square foot size facility in Huntington, West Virginia .

Keep reading... Show less

– The Company demonstrates the efficiency and reliability of its BioFarming technology by reducing production cycle time for Cannabis from 14-23 weeks to 3-4 weeks.

– The Company’s BioFarming technology will allow the Company to harvest 13-17 cycles per year versus 2-4 cycles per year for conventional Cannabis agriculture.

Keep reading... Show less