IONIC Brands Corp This one should be on your watch list.
Symbol:
IONC Current Share Price at 11 cents.
Outstanding shares of 130M
Massive growth potential in Canada, US and International.
IONIC is dedicated to building a regionally based multi-state consumer packaged goods company with a highly respected cannabis concentrate brand portfolio with strong roots in the premium and luxury segments of vape, concentrates, flower and consumables. The cornerstone Brand of the portfolio, IONIC, is a top concentrates brand in Washington State along with its economy brand Dabulous and has aggressively expanded throughout the Pacific Northwest 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.
June 28th 2021 Q Financials Highlights Revenue increased to
$4.182 million in the first quarter of 2021, as compared to $1.657 million in the fourth quarter of 2020, representing a 153% increase. This strong quarter over quarter sales growth was driven primarily by the closing of the Cowlitz County Cannabis ("Cowlitz") asset acquisition in March of this year. The Company acquired an additional 6 brands, increasing our total portfolio size to 10 brands in the Washington and Oregon markets.
PR Links:
https://stockhouse.com/news/press-releases/2021/05/25/ionic-brands-corp-issues-monthly-update-on-brand-performance-by-revenue-in-the https://stockhouse.com/news/press-releases/2021/07/08/july-wealth365-summit-to-feature-new-investor-relations-company-and-wealthcharts https://stockhouse.com/news/press-releases/2021/05/04/ionic-brands-appoints-new-chief-financial-officer-nicole-rusaw https://stockhouse.com/news/press-releases/2021/05/17/ionic-brands-to-produce-cbd-vape-products-in-japan-its-first-international