mCig, Inc. provided earnings guidance for the full year 2016. For the period, the company projected revenues will increase $1.2 million, a 247% increase over the prior fiscal year. The net loss from operations improved by $3.0 million, a 235% decrease in loss. The company's basic EPS for fiscal year 2016 is projected at 0.00. The company expected sales of $1,773,241 and income from operations minus depreciation of $1,275,282. The increase in revenue is a direct result of the strategic movement into the CBD markets.