After careful consideration, Icon Exploration (TSX.V: IEX.H)
CEO Rob Fia selected City View Green (“CVG”), a vertically integrated cannabis
company incorporated under the laws of Ontario, Canada, as its acquisition
target. The company recently signed a formal share exchange agreement relating
to its proposed acquisition of CVG, taking a step toward fulfilling IEX.H’s
mission to create a well-diversified company that’s able to produce long-term
returns for its shareholders and investors. An article further discussing the
company reads, “With Icon Exploration’s current focus on the cannabis industry,
president and CEO Rob Fia has spent several years surveying industry trends,
aiming to secure a smaller company that met criteria which he felt would create
sustainable success, even weathering potential market fluctuations in the
coming years. He sought to acquire a company (http://ibn.fm/2QqUa), intent on ‘lowering production costs
and developing efficient extraction and processing methodologies.’ He cited the
importance of ‘developing consumer products focused on the retail market,
because the higher margins and potential will be there, not in flower.’
Finally, he wanted to acquire a state-of-the-art growing facility and build a
management and operations team with industry experience. He saw such potential
in City View Green.”
To view the full article, visit http://ibn.fm/EjDNA
About Icon Exploration Inc.
Icon Exploration is a publicly traded company on the NEX
Exchange (TSXV: IEX.H). The company’s primary objective is to create a
well-diversified company that will produce long-term returns for its
shareholders and investors. Icon’s current focus is on assessing potential
acquisition targets in the cannabis industry. For more information, visit the
company’s website at www.IconExploration.net.
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