IONIC
Brands (CSE: IONC) (OTC: IONKF) (FRA: IB3), a West Coast cannabis holding
company specializing in the recreational adult-product market, recently
announced impressive second-quarter financial results. An article discussing
the company reads, “IONIC saw a year-over-year increase of 377% in sales for
the period ended June 30, leaving the company $3.86 million better than the
prior year. The sales increase was largely due to an increase in services,
packaging and ancillary products to its customers and their downstream sales,
as well as an increase in licensing and equipment rental revenue to those
customers. Two acquisitions also played into the revenue picture. . . . ‘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,’ chairman and
CEO John Gorst stated in an August 29 news release announcing the results (http://ibn.fm/ZqylE).”
To view the full article, visit http://ibn.fm/l9GrY
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 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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