mCig Inc (OTCMKTS:MCIG) reported that its VitaCig segment continues with its global expansion by obtaining a 3-year distribution deal for Europe with a minimum buy of $2 million in the next three years. After closing a $1.3 million 3-year deal for Japan, the VitaCig segment has closed another lucrative international deal, and this time for the EU, including Russia.
The management comments
Paul Rosenberg, the CEO of mCig, stated that they are extremely delighted to report their deal with Mr. Jozsef Fuzesi, the CEO of Nefeloma Trade LTD for the sale and distribution of their premier VitaCig line of products in Russia and Europe. Focusing on global expansion is a major path for long-term success and growth.
Mr. Fuzesi, the new VitaCig Global Partner, stated that they are extremely thrilled about the new association with VitaCig and mCig, the manufacturer of the original Vitamin Vaporizer. They are honored to get the ability to provide a healthier option to tobacco and tar based items, and taking into consideration the irresistible preliminary interest, they are looking forward to a lucrative association.
With this deal, mCig continues to extend its asset and IP portfolio with VitaCig mark now safeguarded in Russia and Europe. The company also reported the release of its ‘VitaCig®’ Excalibur Rechargeable Capsule mechanism. Delivering the next-gen of VitaCig inhalation technology and science, the VitaCig® Excalibur showcases an advanced, unique turn on pre-filled capsule design. Manufacturing an even smoother, dense, rich vapor than its one-use counterpart, together with its classy, sleek design, the VitaCig® Excalibur is an ideal extended pleasure on the go, at home, or with some friends.
The kit has the battery bottom, one Marvelous Mint, two pre-filled capsules, a unique chargeable USB Adapter and one Boisterous Berry. Coming to capsule liquid, it is supplemented with the essential oils, natural plant extracts and vitamins linked with the ‘VitaCig®’ disposable device.
The capsule system was advanced to appeal not merely the beginner e-cig/ vape user, but also for the moderate user who favors open tank vaporizers. Keeping with convenience and innovation, the tank capsule system comes pre-filled, and therefore there is no waste or mess.