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Mcig Inc (MCIG)

Mcig Inc (MCIG)
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Financial Summary for [[ item.sessionDateDisplayLong ]]
mCig, Inc. is a diversified holdings company for various subsidiaries, focusing on technology and consulting, grow construction and cultivation, biotech, vaporizers, dispensary supplies, payment processing, and more, servicing the legal cannabis, hemp and CBD markets. mCig, Inc. is committed to being the leading distributor of technology, products, and services to fit the needs of a rapidly expanding industry. mCig, Inc. has transitioned from a vaporizer manufacturer to industry leading large scale, full service cannabis cultivation construction company with its Grow Contractors division currently operating in the rapidly expanding Nevada market. mCig, Inc. employs a world renowned tech team and has recently entered the tech space to satisfy its evolving role in technology and in keeping its growing following up to speed. The company looks forward to growing its core competencies to service the ancillary legal Cannabis, Hemp and CBD markets, with broader expansion to take place once federal laws change.
(Values in U.S. Thousands) Apr, 2019 Apr, 2018 Apr, 2017 Apr, 2016 Apr, 2015
Sales 2,320 7,080 4,780 1,720 510
Sales Growth -67.23% +48.12% +177.91% +237.26% +37.84%
Net Income -3,060 -1,080 1,530 -1,390 -4,870
Net Income Growth -183.33% -170.59% +210.07% +71.46% -3,958.37%
(Values in U.S. Thousands) Apr, 2019 Apr, 2018 Apr, 2017 Apr, 2016 Apr, 2015
Total Assets 5,610 7,830 6,980 350 700
Total Assets Growth -28.35% +12.18% +1,894.29% -50.00% -40.68%
Total Liabilities 2,740 2,130 1,630 80 10
Total Liabilities Growth +28.64% +30.67% +1,937.50% +700.00% -92.86%
(Values in U.S. Thousands) Apr, 2019 Apr, 2018 Apr, 2017 Apr, 2016 Apr, 2015
Operating Cash Flow -3,060 -1,990 2,440 -50 -250
Operating Cash Flow Growth -53.77% -181.56% +4,980.00% +80.00% -1,150.06%
Net Cash Flow -230 -1,120 1,550 -20 -250
Change in Net Cash Flow +79.46% -172.26% +7,850.39% +92.00% -169.44%
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