mCig, Inc. Announces Execution of Settlement Agreement

JACKSONVILLE, FL / ACCESSWIRE / September 17, 2019 / mCig, Inc. MCIG a leading distributor of innovative products, customized packaging solutions, technologies, and services for the global medical cannabis industry, today announced that it has reached mutually agreeable terms to settle lawsuits filed in Nevada.

The lawsuits, which were filed in the Eighth Judicial District Court of Nevada for Clarke County and in the United States District Court for the District of Nevada, have been dismissed following agreement to an amicable settlement for all parties involved.

Paul Rosenberg, Chairman and Co-CEO of mCig said, "Settlement of these lawsuits will allow all parties to move forward and put all of this behind us. We are grateful for everyone’s cooperation in reaching an agreement that works for all involved. The company is now positioned to focus on positive upcoming announcements".

About mCig, Inc.

Headquartered in Jacksonville, Florida, mCig, Inc. (MCIG) is a diversified company servicing the legal cannabis, hemp and CBD markets via its lifestyle brands. mCig, Inc. is committed to be the leading distributor of technology, products, and services to fit the needs of a rapidly expanding industry. mCig, Inc. employs a world-renowned tech team and has recently expanded its products and services to satisfy its evolving role in cannabis and hemp markets.

The Company has been featured in media nationwide, including CNBC, Bloomberg, TheStreet.com. For more information, visit www.mciggroup.com.

Forward-Looking Statements

This press release may include predictions, estimates or other information that might be considered forward-looking within the meaning of applicable securities laws. While these forward-looking statements represent the Company’s current judgments, they are subject to risks and uncertainties that could cause actual results to differ materially. You are cautioned not to place undue reliance on these forward-looking statements, which reflect the opinions of the Company’s management only as of the date of this release. Please keep in mind that the Company is not obligating itself to revise or publicly release the results of any revision to these forward-looking statements in light of new information or future events. When used herein, words such as: “potential,” “expect”, “look forward,” “believe,” “dedicated,” “building,” or variations of such words and similar expressions are intended to identify forward-looking statements. Factors that could cause actual results to differ materially from those contemplated in any forward-looking statements made by the Company herein are often discussed in filings the Company makes with the United States Securities and Exchange Commission (SEC) available at www.sec.gov and on the Company’s website at www.mciggroup.com

Contact:

mCig, Inc.
Paul Rosenberg
paul@mciggroup.org

SOURCE: mCig, Inc.