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Mcig Inc

MCIG Inc. (MCIG) is a publicly traded company listed on the OTC Markets Group's OTCQB market tier in the United States. The company, previously known as GrowLife, Inc., operates in the cannabis industry, focusing on cultivation, production, and distribution of cannabis and cannabis-related products.

Based on the most recent financial statements (Q3 2021), MCIG Inc. reported the following key figures:

* Revenue: $1,440,765 (an increase of 14.4% from Q3 2020)

* Gross Profit: $468,643 (a decrease of 23.1% from Q3 2020)

* Net Loss: ($1,311,431) (a decrease of 34.1% from Q3 2020)

The company operates three business segments:

1. CannaTrek: A leading cannabis technology company in Australia, focusing on research and development, manufacturing, and distribution of medicinal cannabis and hemp products.

2. Leaflight: A technology and services platform created for cannabis and hemp businesses.

3. Biopod Systems: A manufacturer of proprietary aeroponic cultivation systems.

Currently, the company does not provide revenue or growth projections. It is essential to consider the inherent risk when investing in over-the-counter (OTC) securities and conducting thorough research before making investment decisions.

Keep in mind that stock trading and investment involve risks, and it's crucial to seek professional financial advice before proceeding. The information provided here comes from publicly accessible sources, but it does not constitute a recommendation or solicitation to buy or sell any securities. For the most recent and accurate information, visit MCIG Inc.'s official website or consult their financial reports on EDGAR ().