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Ionic Brands Corp. C.IONC.W


Primary Symbol: C.IONC Alternate Symbol(s):  IONKF

Ionic Brands Corp. (formerly Zara Resources Inc), is a leading cannabis vape pen and cannabis cartridge producer and distributor in Washington State, Oregon, and now in California. With its recent expansion into Oregon, Blacklist currently intends to build a leadership position in the growing cannabis concentrate segment.


CSE:IONC - Post by User

Comment by goldboyz2on Nov 30, 2021 8:00pm
64 Views
Post# 34182952

RE:Some meeting discussion takeaways

RE:Some meeting discussion takeawaysI think the biggest thing is to improve profit margins. If IONC can up their profit margins by 10-15% were laughing imo 25-30% is great. 

Canadian Lp is possible but i dont see them doing it right now imo 

Sellin 25-30 million a year is great number 

2022 - if they can increase revenue by another 10 million and add more efficenies to the business to get better profit margins 

If NDAA passes with Safe Banking then these guys could easily stop doing PPs and get debt financing to expand and improve operations and really take off. 

Small float in terms of revenue imo and i would like them to keep it that way.



GB 


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