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Ionic Brands buys Zoots cannabis edibles firm for $11 million

by Jul 25, 2019News0 comments

Ionic Brands paid $11 million for longtime marijuana edibles maker Natural Extractions, which does business as Zoots Premium Cannabis Infused Edibles. As part of the stock and cash deal involving two Washington state companies, Zoots’ owners receive $855,000 in cash and more than 9.6 million shares in Ionic Brands, according to a news release. Ionic, with […]

Ionic Brands buys Zoots cannabis edibles firm for $11 million is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Source: MJ Biz Daily

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