Investor Ideas #Potcasts; #Cannabis News and #Stocks on the Move:
Interview with Ionic Brands (CSE: $IONC.C) (OTC: $IONKF) CEO, John Gorst
Delta, Kelowna, BC –August
15th, 2019 (Investorideas.com Newswire) www.Investorideas.com, a global news
source covering leading sectors including marijuana and hemp stocks and its
potcast site, www.potcasts.ca release today’s edition of Investorideas.com potcastsCM -
cannabis news and stocks to watch plus insight from thought leaders and
experts.
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at https://www.investorideas.com/news/2019/cannabis-potcasts/08151Interview-IONC-IONKF.asp
Good afternoon and welcome to another episode of
Investorideas.com "Potcast" featuring cannabis news, stocks to watch
as well as insights from thought leaders and experts.
In
today’s podcast Investorideas.com interviews Ionic Brands (CSE: IONC) (OTC: IONKF) CEO John Gorst, and he discussed the
company’s recent announcement of the acquisition of
Zoots, a Washington-based premium cannabis edibles
brand, as well as the cannabis retail and wholesale industry.
Zoots
is a state-of-the-art, cannabinoid edibles company, and one of the first major
players in the cannabis-infused edibles market. Zoots’ product line includes
drops, gummies, energy shots and hard candies manufactured to offer consistent
and reliable dosing.
Ionic
Brands is focused on building a multi-state consumer-focused cannabis
concentrate brand portfolio focusing on the premium and luxury segments. The
cornerstone Brand of the portfolio, IONIC, is the #1 vaporizer brand 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.
When
asked what investors should be paying close attention to for the rest of 2019
and moving into 2020, John responded, “I think legislation is always something
you should keep an eye on. It’s in a constant state of flux. I think one of the
biggest inflection points coming up in the near future here is the Safe Banking
Act. I think that if that gets passed and US investors and institutions are
able to enter the market and fund cannabis companies that would be a huge
inflection point. I think that what we are going through in the market, from a
capital markets perspective is good. I think it’s a cleansing process. I think
that your going to see a lot of good operators rise to the top, and I think
you’re going to have a lot higher quality companies to choose from for
individual investors.”
When
asked about the future of Ionic Brands, John commented, “We've focused a lot of
our resources on building out tier 1 infrascture. One of the biggest things
that I think will be beneficial for us and our shareholders is the fact that we
spent the time to focus on building the infrastructure, systems and operating
procedures to scale this business out. Now we are ready to go out there and
focus on growth.”
Ionic Brands recently announced that PharmaCann LLC’s Illinois dispensaries
are exclusively launching Zoots Cannabis Infused Edibles and will be available
this month, providing consistent relief for medical cannabis patients.
Verilife dispensaries, owned and operated
by national vertically integrated cannabis operator PharmaCann, will offer
drops, chews and energy shots from the Zoots line of products. “Zoots is an
ideal fit for Illinois medical cannabis patients seeking relief through a
premium edible product that delivers consistent and reliable results,” said
Brett Novey, Chief Operating Officer for PharmaCann. “We are excited to offer
Illinois patients access to the Zoots line of premium edible products initially
through our Verilife branded dispensaries, with plans to extend this offering
to patients throughout the entire state of Illinois via our extensive wholesale
network.”
John Gorst also informed me that Ionic
Brands expects to release their Q2 financial results within the next coming
weeks and to find out more information on Ionic Brands visit their website here.
Investor ideas reminds all listeners to read our disclaimers and
disclosures on the
Investorideas.com website and this podcast is not an endorsement
to buy products or services or securities. Investors are reminded all
investment involves risk and possible loss of investment
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