mCig, Inc is a company that manufactures and sells electronic cigarettes and vaporizers for marijuana and other herbs. It focuses on being the intersection of “two long-term secular trends sweeping the globe”: the decriminalization and/or legalization of medicinal and recreational marijuana, and the popularity of electronic vaporizing cigarettes known as eCigs.
The company holds three brand names in the US, namely mCig, VitaCig, and Vapolution.
The mCig brand of electronic cigarettes is touted as a cheaper and more efficient way to vaporize loose leaf herbs. According to the company, the mCig is loosely modeled after eCigs, but is designed for use with a variety of plant materials (eCigs are conventionally pre-packaged with a particular plant material or vapor). The mCig also has intelligent heating for smoother inhalation. An mCig device is sold for USD 10, making it one of the cheapest among electronic smoking devices.
VitaCig, meanwhile, is mCig, Inc’s wholly owned subsidiary that uses mobile vaporization technology for medical applications. Its first product, also called VitaCig, is an eCig-like device that delivers flavored water vapor with vitamins and phytonutrients, without nicotine. Each VitaCig is priced at USD 3.
Lastly, Vapolution is the company’s arm for manufacturing and retailing home-use vaporizers. It became part of mCig’s roster when the company acquired Vapolution, Inc in January 2014.
Based in Bellevue, Washington, mCig, Inc was founded in 2010 as Lifetech Industries, Inc, before it changed its name to mCig in 2013. The company is now traded in the OTC market as MCIG, under the Consumer Goods sector and the Electronic Equipment industry. It has a market cap of USD 105.35 M. Current executives of the company include Paul Rosenberg, CEO, President, and CFO; Mark James Linkhorst, COO; and Dr. Hanya Toshio, Chief Technical Advisor.
800 Bellevue Way NE
Bellevue, WA 98004