West Coast cannabis holding company IONIC
Brands (CSE: IONC) (OTC: IONKF) (FRA: IB3) announced in September that
it has obtained eligibility from the Depository Trust Company (“DTC”) for its
shares on the U.S. OTC Markets (http://ibn.fm/vuNFP).
An article discussing the company reads, “The DTC uses an electronic method of
clearing securities, which speeds up the receipt of stocks and cash,
accelerates the settlement process for investors and reduces transactional
costs. DTC eligibility enables the stock to be traded over a wider selection of
brokerage firms, because DTC eligibility is required by many as a measure of
compliance. . . . DTC eligibility enables IONIC Brands to begin trading shares
on its domestic market, where brand recognition is high, CEO and Director John
Gorst said in a news release. ‘The ability for investors to electronically
transfer between brokerages in the U.S. is significantly more convenient and
provides to existing investors the benefit from greater liquidity and execution
speeds, while attracting new investors to gain access that may have been
previously restricted from investing in IONIC Brands,’ Gorst concluded.”
To view the full article, visit http://ibn.fm/2CDjU
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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