Friday, February 8, 2019

QualityStocksNewsBreaks – Icon Exploration Inc. (TSX.V: IEX.H) Strategically Chooses Acquisition Target Based on Cannabis Industry Trends and Expectations


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.

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php


No comments: