We study the scalar complex modified Korteweg-de Vries (cmKdV) equation by analyzing a system of partial differential equations (PDEs) from the Lie symmetry point of view. These systems of PDEs are obtained by decomposing the underlying cmKdV equation into real and imaginary components. We derive the Lie point symmetry generators of the system of PDEs and classify them to get the optimal system of one-dimensional subalgebras of the Lie symmetry algebra of the system of PDEs. These subalgebras are then used to construct a number of symmetry reductions and exact group invariant solutions to the system of PDEs. Finally, using the Lie symmetry approach, a couple of new conservation laws are constructed. Subsequently, respective conserved quantities from their respective conserved densities are computed.