If you’re looking to establish an early portfolio position as the cannabis sector consolidates, then keep an eye on Washington based, Ionic Brands Corp. (CSE: IONC).
Ionic Brands – now one of only two remaining Multi-State Operators (MSO) in Washington and Oregon – is well on its way to dominating the luxury cannabis brand in the Pacific Northwest.
According to Statista Cannabis Sales Forecasts, the two states combined delivered $2.1 Billion in retail sales in 2020 and are on track to hitting $3.2 Billion a year by 2025.
With adult-use cannabis sales remaining strong throughout the COVID-19 pandemic and statewide lockdowns, Ionic Brands Corp. (CSE: IONC) relied on its unique management advantage to maintain its position while continuing its strategy of capturing the Pacific Northwest market.
Breaking news of a positive adjusted EBITDA achieved in Q3 of 2020, showed Ionic Brands Corp. (CSE: IONC) well on its way to achieving this goal.
Led by CEO, John Gorst, the Ionic Brands Corp. (CSE: IONC) team brings over 90 years of combined experience in tech and entertainment industry style marketing, strategic acquisitions, and operations management to the cannabis sector.
Starting in 2012 while riding the popularity of new vaporizing technology, Ionic Brands Corp. (CSE: IONC) became one of the first licensed manufacturers of premium THC vapes in the U.S.
Building on momentum fueled by a market hungry for its premium and luxury cannabis products, Ionic Brands Corp. (CSE: IONC) went public in early April 2019. With Ionic’s flagship product, the IONIC Premium Vaporizer pen and extract oil, leading the way. Additionally, Ionic’s recent acquisitions of cannabis product producers brings a slate of new branded infused consumables to retail shelves to market in Q1 and Q2 of 2021 including lozenges… drink mixers… energy shots… fruit chews… and flower products.
Ionic Brands Corp. (CSE: IONC) powerhouse leadership team is a mix of decades of marketing and executive experience in “big-tech” operations and entertainment industry marketing mixed with traditional business strategies.
Chairman and CEO of Ionic Brands Corp. (CSE: IONC), John Gorst, a 29-year tech industry veteran, built (and sold) four tech startups. Including one of the first cloud computing companies.
In addition, Gorst personally raised $45 Million of outside funding for his past ventures. Proving his effectiveness at bringing investor capital to the table.
The largest early investor of Ionic Brands Corp. (CSE: IONC), Gorst has been at the helm since the company’s founding and growth into the Pacific Northwest’s leading luxury vape brand.
Proving his ability to execute, Gorst’s first step to building out Ionic’s powerhouse team was bringing in long-time friend and 30-year entertainment industry marketing veteran, Christian Struzan.
Struzan, now CMO of Ionic Brands Corp. (CSE: IONC), created the brand’s legendary initial marketing strategy that heavily relied on electronic, mobile, and print media advertising to get the brand on retail shelves and in front of consumers.
Rounding out the original team is Ionic Brands Corp. (CSE: IONC) co-founder, president, and general manager, Bryen Salas. Salas, as VP of Sales from 2012-2017, was instrumental in the company’s early years to becoming one of the top-selling vaporizer brands sold in the State of Washington.
Today, Salas plays a critical role in Ionics’ supply chain, product development, marketing, human resources and technology platforms.
The Ionic Brands Corp. (CSE: IONC) team didn’t stop with branded vaporizer pens and oil extracts.
To create a larger retail shelf footprint while side-stepping time requirements needed to create and develop additional products, Ionic took on a strategic growth philosophy by accumulating three established cannabis brands… Zoots Premium Cannabis Infusions… Dabulous… and Cowlitz County Cannabis.
The acquisition of Zoots added a strong line of popular, flavorful, and enjoyable cannabis products to Ionic’s product lineup including branded premium cannabis-infused mixers, lozenges, energy shots, and fruit chews.
Currently, Zoots and Ionic Brands Corp. (CSE: IONC) line of consumables are now found in 61% of Washington cannabis retail outlets with products penetrating the Oregon market in January 2021.
It gets better…
Not only did Ionic gain a premium cannabis brand with Zoots, they also gained the four decades of in-the-trenches business experience of Zoot’s founder, Dan Devlin.
Devlin, joining the team as Ionic Brands Corp. (CSE: IONC) COO and interim CFO, brings over 40-years of experience in business management, finance and market development in the consumer products, manufacturing and telecommunications sectors.
Filling out Ionic Brands Corp. (CSE: IONC) portfolio is the recently acquired cannabis concentrate and flower products producer, Dabulous Concentrates.
Dabulous Concentrates – representing Ionic’s “value-brand” – introduced economy vape pens and pre-roll products into Ionic Brands Corp. (CSE: IONC) retail lineup.
Sales of Dabulous Concentrates economy vape pens and pre-rolls have grown by a breathtaking 600% in just the last 9 months alone.
What really set Ionic Brands Corp. (CSE: IONC) apart from other cannabis brands is their recent acquisition of the 4th-largest cannabis company by revenue in Washington, Cowlitz County Cannabis Cultivation.
The bold move made Ionic a top-three wholesale operator in the state.
With a 2020 run rate of $18.8 million, Cowlitz County Cannabis Cultivation is one of the top four buyers of dried flower in Washington state while also producing over 200,000 pre-rolls monthly.
The move gave Ionic Brands Corp. (CSE: IONC) greater sourcing and purchasing leverage over competitors.
The acquisition of Cowlitz County Cannabis Cultivation instantly added six new brands to Ionic’s retail product portfolio, including…
Three additional upcoming retail brands with impressive retail potential… Wyatts Herb… Columbia River… and Jolly Roger were also included with the Cowlitz acquisition.
With the addition of Cowlitz, Ionic Brands Corp. (CSE: IONC) added a portfolio of branded products that can be found in about 20% of cannabis retailers throughout Washington.
Ionic Brands Corp. (CSE: IONC) most recent move is a signed a non-binding LOI (Letter of Intent) to acquire Oregon-based cannabis oil manufacturer, Precision Alchemy, LLC.
The Precision Alchemy deal will give Ionic Brands Corp. (CSE: IONC) endorsements for the manufacture and distribution of medicinal grade cannabis products, concentrates, topicals, hemp products, edibles, and extracts within Oregon state.
Ultimately, this gives Ionic Brands Corp. (CSE: IONC) deeper expansion over the Pacific Northeast region while controlling and strengthening its own product and raw material supply chains.
Ionic Brands Corp. (CSE: IONC) already has a host of new incredible upcoming products and expansions in the works for 2021. Including…
On top of this, CEO John Gorst has publicly mentioned a run of Ionic Brands Corp. (CSE: IONC) cannabis extract infused coffees, teas, and mixers.
Cannabis is maturing…
The promise of an accepted, standardized, and profitable global cannabis industry is right around the corner with calls for American cannabis policy reform growing… United Nations reclassifying to “less dangerous”… Mexico legalizing adult-use market…
Veteran cannabis operations, like Ionic Brands Corp. (CSE: IONC), that survived the initial rush and implosion of the industry have proven their ability to survive and remain profitable while rewarding early investors.
Ionic Brands Corp. (CSE: IONC), soon completing its first decade in the industry, is now an industry veteran.
Ionic’s unique leadership strategy, popular luxury product lineup, and track record of survivability will soon catapult the company into the limelight with industry giants such as Canopy Growth and Cronos Group as the industry begins its next bull run.
Currently, Ionic Brands Corp. (CSE: IONC) is flying under the radar, investing internally in infrastructure to scale companies manufacturing efficiencies and capabilities while acquiring licenses and quickly expanding operations in other markets like Oregon.
It’s only a matter of time before Ionic Brands Corp. (CSE: IONC) makes a move to corner larger luxury cannabis market share in California and Colorado and eventually, nationwide.
You’ll want to establish your early stock position NOW before Ionic Brands Corp. (CSE: IONC) makes the leap to nationwide brand name recognition.
To find out more about Ionic Brands Corp. (CSE: IONC) plan to dominate the luxury cannabis sector, click here to download a special investors report.
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