marijuana stock news

Ronald L. Sassano Joins mCig as Head of Construction and Engineering Division

 BEVERLY HILLS, Calif., Feb. 26, 2015 (GLOBE NEWSWIRE) — mCig(R) Inc. (MCIG), a leading provider of technologies and solutions for the legal medical and recreational marijuana industry, has appointed Ron Sassano to oversee the company’s General Construction and Engineering Division. Ron brings a dedicated team and wealth of experience as a full service Developer, General Contractor, and Program Development Firm with successful projects across Florida, Alabama, Mississippi, Louisiana, Tennessee, South Carolina, Arizona, Colorado, Georgia, Illinois and Ohio.

Ron’s extensive experience in advanced building techniques, green designs, land acquisitions, land entitlements, company start up, and procedural implementations will significantly help mCig, as well as external consulting clients, to keep up with the increasing demand for marijuana facilities as more and more states legalize marijuana. In addition, Ron’s team will be responsible for providing a full-range of security related services, from security operations protocols for facilities to secure transport, and more.

According to mCig, Inc.’s CEO, Paul Rosenberg, “Sassano’s approach to projects, along with the industry knowledge he brings will prove to be extremely effective for our strategic business model as we expand into both grow and dispensary centers across multiple states. We are rapidly closing on major deals in Colorado and Oregon to construct grow and extraction facilities as we implement MCIG’s vision for growth.”

Sassano’s program development experience and General Contractor license, which has reciprocity with most states, gives him the capacity to provide a full service delivery model, which further aids in efficiency and higher profit margins. By not hiring outside consultants to handle various aspects of developmental growth, from the selection and purchase of land continuing through the permitting, design, construction, and start-up of facilities, mCig is able to keep costs low by not having to partner up with local general contractors.

The company is initiating national buying agreements with suppliers for multiple grow facilities. Sassano’s team will manage the design, material procurement, and construction of the facilities. The company also plans to sub-contract project components to local contractors for each build out. Industry leading sub-contractors are encouraged to Mr. Sassano over the next few months as the company looks to expand its network of regional contractor relationships.

About mCig, Inc.

Headquartered in Beverly Hills, CA, mCig, Inc. (MCIG) is a leading provider of advanced technologies and solutions to the global cannabis industry. mCig manufactures and markets best-selling portable and home vaporizers, extraction related equipment, CBD Rich Hemp Oil-derived products, and related nutraceuticals based on natural compounds found in Cannabis and Hemp plants. The company owns the mCig and Vapolution brands, and has a 47% stake in VitaCig (VTCQ), makers of the VitaStik, a disposable vitamin vaporizer. The company believes that a well-regulated marijuana industry is emerging as more states follow the lead of Alaska, Colorado, Oregon, and Washington in legalizing marijuana. A similar trend is developing within the CBD and Hemp industries following overwhelming consumer demand.

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.

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Ron Sassano
Senior Vice President
Construction & Engineering

MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 |
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