Add-on Acquisition • Consumer Products

mCig Acquires Vapolution

On January 24, 2014, mCig acquired consumer products company Vapolution

Acquisition Context

This is mCig’s 1st transaction in the Consumer Products sector.
This is mCig’s 1st transaction in the United States.
This is mCig’s 1st transaction in California.

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M&A Deal Summary
Date	January 24, 2014
Target	Vapolution
Sector	Consumer Products
Buyer(s)	mCig
Deal Type	Add-on Acquisition

Target Company

Vapolution

Chico, California, United States

Vapolution, Inc. is an herbal vaporizer company based in Northern California Vapolution offers a technique for avoiding irritating respiratory toxins in smoke by heating tobacco / herbs to a temperature where the desired ingredients vaporize without causing combustion.

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Buyer Overview 1

Buyer

mCig

Beverly Hills, California, United States

Category	Company
Founded	2010
Sector	Information Technology

DESCRIPTION

mCig, Inc. is a technology company focused on two long-term secular trends sweeping the globe: (1) The decriminalization and legalization of marijuana for medicinal or recreational purposes (2) The adoption of electronic vaporizing cigarettes (commonly known as "eCigs") by the world's 1.2 Billion smokers.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Consumer Products	1 of 1
Type: Add-on Acquisition	1 of 1
State: California	1 of 1
Country: United States	1 of 1
Year: 2014	1 of 1

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