ACCESS Newswire
17 Sep 2019, 20:43 GMT+10
JACKSONVILLE, FL / ACCESSWIRE / September 17, 2019 / mCig, Inc. (OTC PINK: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
[email protected]
SOURCE: mCig, Inc.
Get a daily dose of Raleigh Times news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Raleigh Times.
More InformationTOKYO, Japan: Toyota is weighing plans to build the next-generation RAV4 SUV in the United States, according to three people familiar...
WASHINGTON, D.C.: Ford is recalling more than 148,000 vehicles across two safety campaigns, according to a notice issued by the National...
NEW YORK CITY, New York: Archer Aviation has announced plans to start an air-taxi service in New York City, working with United Airlines....
TAIPEI, Taiwan: Taiwan's TSMC reported stronger-than-expected first-quarter earnings on Thursday, driven by booming demand for AI-related...
LONDON - Google is facing a multibillion-pound legal challenge in the UK over allegations it misused its dominance in online search...
Lyft is making its first move into Europe with the purchase of mobility platform FreeNow, a nearly $200 million deal that signals a...
WASHINGTON DC - In a bid to combat illegal border crossings, the Trump Administration has enacted an emergency transfer of some 110,000...
DALLAS, Texas--- The Texas health department has reported a slight rise in the number of measles cases statewide, rising to 561 from...
As Marylanders filed their income tax returns this week or asked for extensions, a national tally showed where some of their tax dollars...
WASHINGTON, D.C.: The U.S. Military Academy and the U.S. Air Force Academy will no longer use race when deciding who gets in. For many...
(Photo credit: Mark J. Rebilas-Imagn Images) ROCKINGHAM, N.C. -- JR Motorsports driver Sammy Smith was declared the winner of the...
(Photo credit: Dan Hamilton-Imagn Images) Rowdy Tellez hit a grand slam in a five-run 12th inning and the visiting Seattle Mariners...