IONIC Brands (CSE: IONC) (OTC: IONKF) (FRA: IB3) on
Thursday released its second quarter 2019 financial results as it achieves a
$5.9M revenue milestone for the first half of year. The company reported
highlights for the quarter ended June 30, 2019 that include completion of a
number of strategic acquisitions, as well as a concurrent brokered and
non-brokered debenture unit offering raising approximately C$20 million in
gross proceeds. “We are very pleased with our second quarter financial results,
achieving our focus of increasing sales growth while closing a successful
financing for various strategic business acquisitions all in a span of three
months,” John Gorst, chairman and CEO of IONIC Brands said in the news release.
To view the full press release, visit http://ibn.fm/hZ6d4
About IONIC Brands Corp.
IONIC Brands is focused on building a multi-state
consumer-focused cannabis concentrate brand portfolio focusing on the premium
and luxury segments. The cornerstone brand of the portfolio, IONIC, is the No.
1 vaporizer brand 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’ 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://ibn.fm/IONKF
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