NetworkNewsBreaks – IONIC Brands Corp. (CSE: IONC) (OTC: IONKF) (FRA: IB3) Broadens Portfolio via Acquisition of Zoots Premium Cannabis
IONIC Brands (CSE: IONC) (OTC: IONKF) (FRA: IB3), a Tacoma, Washington-based cannabis holding company, recently acquired Zoots Premium Cannabis and its assortment of drops, gummies, energy shots and hard candies (http://nnw.fm/jI1aS). An article discussing the company reads, “The West Coast-based companies acknowledged a February Zion Market Research report that valued the global cannabis edibles market at approximately $2.4 billion in 2018 with expected revenues of about $11.6 billion by 2025 at a CAGR of around 25.4% between 2019 and 2025 (http://nnw.fm/9psMj). . . . IONIC also entered the infused-beverage market with secured patents in the single-serve coffee and beverage-pod market during the…