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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┬áPremium 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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