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HENDERSON, NV / ACCESSWIRE / February 27, 2017 / mCig, Inc. (OTCQB: MCIG), a diversified company focused on the cannabis industry, announced today that it has entered into an asset purchase agreement with Stony Hill Corp. (OTCQB: STNY) for the purpose of pursuing mutually beneficial business opportunities in the Cannabidiol (CBD) Industry. Under terms of the agreement, MCIG will sell the VitaCBD brand to STNY, in exchange for total consideration of $850,000 in cash and common stock, and a 20% stake in VitaCBD, LLC, a subsidiary of STNY. Paul Rosenberg,SEE DETAILS

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LOS ANGELES, CA / ACCESSWIRE / February 27, 2017 / Stony Hill Corp. (STNY), a diversified company focused on the cannabis industry, announced today that it has entered into an asset purchase agreement with mCig., Inc. (MCIG). The parties have entered into an asset purchase agreement for the purpose of pursuing mutually beneficial business opportunities in the Cannabidiol (CBD) Industry. Under the terms of the agreement, mCig, Inc. will sell the VitaCBD brand to Stony Hill Corp., in exchange for total consideration of $850,000 in cash and common stock, andSEE DETAILS

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