IRVINE, CA--(NewMediaWire - Mar 23, 2017) - iBrands Corporation, Inc. (OTC PINK: IBRC) is in the final stages of a $13 million CBD order. "We opened escrow and are now finalizing the transportation of the order," says Miguel Mixon, Director of Sales for iBrands. We expect to have the order before the end of the month.

iBrands has also been fielding an overwhelming amount of calls for bulk CBD. In the last month alone, we sent out over 30 samples to various remanufacturers and retail companies. "Sourcing is getting tough as supply is drying up," Mixon went on to state.

The company has also entered into talks with a major celebrity Musician/ Rapper who has a large presence within the cannabis industry. Due to the sensitive nature of the negotiations, the company cannot mention any further details at this time.

Michael Ogburn: "As many know, I have formally stepped down as CEO of iBrands, but will continue to help the transition of the new team and completing the projects I have started with iBrands. It truly has been my pleasure working for a company with such a promising future. I couldn't be more excited about this new opportunity. I expect that the talks will conclude shortly with a positive result for both parties. Not only will iBrands expand further within the cannabis sector, but also add a much admired and liked celebrity to the company who will represent us within the media and help us make strategic business decisions."

Further, the company announces that it has entered merger talks with a new complimentary entity. We expect to fully report on this new development in more detail over the coming weeks.

About iBrands Corporation, Inc.:

Headquartered in Irvine, California, iBrands Corporation, Inc. is a holding company that acquires and operates niche market brands having unique market positions within sectors that demonstrate return on investment potential. Business partnerships throughout the United States, Canada, Mexico, South America, and Europe provide our brands many markets to expand into and produce consistently high growth rates for the next decade. www.iBrandscorporation.com

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