Newsletter

Good afternoon all,

What an awesome past couple weeks we've had. Winner after winner, and we are only just warming up. 

The market is killer hot right now so we must continue to take advantage of this massive bull run.
 
So tomorrow's pick is trending perfectly higher, in the early stages of a technical breakout.

And best of all it is super liquid with a great level 2.

Tomorrow we are focusing exclusively on the breakout trade in mCig, Inc (MCIG). 
 
We love the technical chart setup on MCIG, take a look below.

In late February it broke out to the upside through its 50 and 100 day moving average. Once it pulled back in early March it held its moving average support perfectly then continued to bounce higher.

And to confirm my analysis, the well respected financial website BarChart.com has given MCIG its very highest, most bullish rating.


 
We think MCIG is trending perfectly and its headed back to bust out through its recent highs of around $0.05. 

And with a 52 week high of $0.125, we could see 200% upside if we test that level again.

So we have ultra bullish technical trading setup, now let's take a closer look at the company...

Headquartered in Henderson, NV, 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.

MCIG 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.

MCIG is committed to being the leading distributor of technology, products, and services for the global medical and legal recreational cannabis industry. The Company's Master Distributor sales approach allows MCIG to partner with or acquire best-of-breed companies to serve as exclusive sales representatives, distributing their products through MCIG's multiple channels and sub-distributors throughout the United States, Asia, Europe, and the United Kingdom. 

You can learn more about MCIG on their website http://mcig.org/
 

US Legal Marijuana Sales To Hit $6.7 Billion In 2016

A new report by a leading marijuana industry investment and research firm found legal cannabis sales jumped 17%, to $5.4 billion, in 2015 and they will grow by a whopping 25% this year to reach $6.7 billion in total U.S. sales.

The numbers are staggering, considered the first recreational dispensaries opened for business in Colorado only two years ago.

ArcView Market Research recently released its fourth edition of The State of Legal Marijuana Markets report, and it includes the prediction that the legal cannabis market will see a whopping $21.8 billion in total annual sales by 2020. (By comparison, at that point, the legal marijuana market could be bigger than the National Football League, which saw roughly $12 billion of revenue last year but is aiming to reach $25 billion by 2027.)

MCIG is perfectly poised to take advantage of this massive projected growth.


Major news just released...

Last week MCIG announced some major news that they have entered into an agreement with Player's Network subsidiary, Green Leaf Farms, to construct a large scale 26,000 sq. ft. cultivation and production facility in North Las Vegas. 

Green Leaf has made a deposit for the design and build out of a phased out plan designed to grow with the Nevada Medical Marijuana market.

"mCig is excited about our recent successes on the West Coast. The Green Leaf Farms project will be our third fully customized facility using mCig's proprietary SIP panel construction for large scale growers," says Jori Olson Sales VP of Grower Services Division, a division of MCIG.

You can read this important press release in full at http://finance.yahoo.com/news/mcig-announces-agreement-green-leaf-130000471.html


As you can see, there are many technical and fundamental reasons to pay attention to MCIG tomorrow and over the longer term.

We are also expecting some news tomorrow which could be the catalyst for a major short term breakout.

Please, do yourself a favor and conduct your research on MCIG tonight and be ready to trade at the opening bell tomorrow. You will not regret it. 

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