Wall Street Signals: $MCIG Announces $3.5M Large High Tech Desert Greenhouse Contract With Solaris

$MCIG Announces $3.5M Large High Tech Desert Greenhouse Contract With Solaris

mCig Announces $3.5M Large High Tech Desert Greenhouse Contract With Solaris

Scalable Solutions Inc., a subsidiary of mCig, Inc. ( OTCQB : MCIG ), the emerging leader in Marijuana Cultivation construction, announces it has entered into an agreement to manage the phase 1 construction of a 24,000 sq. ft. high tech desert greenhouse and a 10,000 sq. ft. production facility in North Las Vegas, Nevada with Solaris. The project has an expected completion date of July 2017 and has a fully funded phase 1 budget of $3,500,000.
Scalable Solutions, Inc., has received $100,000 from Solaris in the form of a non-refundable deposit to begin this project. This facility is completely state of the art and a testament of Scalable Solutions progressive designs & execution. The desert facility is fully automated with the most advanced and efficient agricultural technology available for cultivators in the cannabis space.  Scalable Solutions will oversee the construction from start to finish.
As we begin the first of many phases with projects such as this, we are elated to continue our expansion side by side our current & future clients. These construction projects have the ability to last multiple years as these multi-acre sites are built out to meet growing demand,” said Jori Olsen, VP of Sales. “Greenhouse facilities are the wave of the future, especially in an ecosystem as unique as Nevada’s. We look forward to many more projects as we solidify our foothold on the indoor and outdoor cannabis cultivation market.”
About Scalable Solutions, Inc.
Headquartered in Henderson, Nevada, Scalable Solutions, Inc., is dedicated to servicing the Cannabis industry as a leading large scale Cannabis cultivation construction company and consultant. The company provides full planning, design, construction, equipment, and consulting services for large scale grows, modular Growpod technology for warehouse conversions, and a line of home grow units to fully capture all aspects of Cannabis growers’ needs.
About mCig, Inc.
Headquartered in Henderson, Nevada, mCig Inc. ( OTCQB : MCIG ) A diversified company servicing the legal cannabis, hemp and CBD markets via its lifestyle brands. MCIG has transitioned from a vaporizer manufacturer to industry leading large scale, full service cannabis cultivation construction company with its Scalable Solutions division currently operating in the rapidly expanding Nevada market. 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. For more information visit www.mcig.org.
Safe Harbor Statement
Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Any forward-looking statements contained herein are based on current expectations, but are subject to a number of risks and uncertainties. The factors that could cause actual future results to differ materially from current expectations include, but are not limited to, risks and uncertainties relating to the Company’s ability to develop, market and sell products based on its technology; the expected benefits and efficacy of the Company’s products and technology; the availability of substantial additional funding for the Company to continue its operations and to conduct research and development, and future product commercialization; and the Company’s business, research, product development, regulatory approval, marketing and distribution plans and strategies.