IONIC Brands (CSE: IONC) (OTC: IONKF) (FRA: IB3) today
announced the launch of the IONIC Brands Investor Group on 8020 Connect
Platform. The dynamic 8020 platform’s interactive structure provides an
opportunity for shareholders to become a part of the communication process and
support the development of the company’s investor audience. In addition, the
company announced the conversion of US $100,000 debt at a price of C$0.06 per
common share, well above the current market price, by IONIC Brands CEO &
Chairman John Gorst. “Over the last five months, our management team has been
working diligently, together with our stakeholders, to restructure our
operations with a path to profitability. Now that we have completed our
restructuring plan, we will be actively communicating our progress with our
valued shareholders,” IONIC Brands CEO John Gorst stated in the news release.
“Due to our progress in our operations, I have recently converted a portion of
my debt into additional shares of the company as filed on SEDAR. I believe in
our company, our team, and building shareholder value through profitable operations.”
To view the full press release, visit http://ibn.fm/TBkaA
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 the top
vaporizer brand in Washington State and has aggressively expanded throughout
the West Coast of the United States. The brand is currently operating in
Washington and Oregon. 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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