CannabisNewsBreaks – IONIC Brands Corp. (CSE: IONC) (OTC: IONKF) (FRA: IB3) Broadens Portfolio via Acquisition of Zoots Premium Cannabis
Nov 5, 2019
IONIC Brands (CSE: IONC) (OTC: IONKF) (FRA: IB3), a Tacoma, Washington-based cannabis holding company, recently acquired Zoots Premium Cannabis and its assortment of drops, gummies, energy shots and hard candies (http://cnw.fm/DeI1B). An article discussing the company reads, “The West Coast-based companies acknowledged a February Zion Market Research report that valued the global cannabis edibles market at approximately $2.4 billion in 2018 with expected revenues of about $11.6 billion by 2025 at a CAGR of around 25.4% between 2019 and 2025 (http://cnw.fm/Re2pI). . . . IONIC also entered the infused-beverage market with secured patents in the single-serve coffee and beverage-pod market during the spring. The announced patents are among the first cannabis patents in the country’s history, slated for brewing cannabis-infused coffee, tea and cocoa from CannaCafe (http://cnw.fm/qht7O) — a potential multibillion-dollar market in its own right.”
To view the full article, visit http://cnw.fm/yVXv5
About IONIC Brands Corp.
IONIC Brands is focused on building a multistate, consumer-focused, cannabis-concentrate brand portfolio focusing on the premium and luxury segments. The cornerstone brand of the portfolio, IONIC, is one of the top vaporizer brands in Washington state and has aggressively expanded throughout the West Coast of the United States. The brand is currently operating in Washington, Nevada, Oregon and California. IONIC Brands’s strategy is to be the leader of the highest-value segments of the cannabis market and expand nationally. For more information, visit the company’s website at www.IONIC.social.
NOTE TO INVESTORS: The latest news and updates relating to IONKF are available in the company’s newsroom at http://cnw.fm/IONC
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