Iconic Brands Inc.'s Acquisition Candidate The Marijuana Bus. Academy Sells Out Attendance As Investors & Entrepreneurs Flock...
22 Avril 2014 - 3:00PM
Business Wire
Iconic Brands Inc., (NQB:ICNBD), today announced that The
Marijuana Business Academy, America’s leading cannabis educational
institute–educating, training, building and expanding
America’s Ganjapreneurs with step-by-step ‘how to’ training
platforms–had a record number of attendees, both investors
and entrepreneurs, at the Academy seminars held this weekend, April
19-20, at the Colorado Springs International Cannabis Technology
Expo. These seminars, led by CEO and President KC Stark and leading
industry professionals, provide education and insight into starting
a marijuana business.
Iconic Brands Inc., as previously announced, has signed a
binding Letter of Intent to acquire The Marijuana Business Academy.
The acquisition is on schedule and expected to close in May 2014.
Iconic Brands management which has a historic business in the
development, marketing and distribution of alcoholic products sees
the marijuana industry forming in the United States as similar to
the repeal of Alcohol Prohibition in the 1930s, and expects to see
a multi-billion dollar industry form from the legalization of
medicinal and recreational marijuana use in the United States.
Mr. KC Stark, MMJBA CEO and President stated, “This is the end
of 76 years of cannabis prohibition and the beginning of a global
industrial, commercial, medical and recreational revolution unlike
anything we have seen since cotton and the cotton-gin. Unlike
cotton, cannabis has the ability to touch almost every sector of
our society. From possible cures to ailments, such as cancer, PTSD,
nausea and Drevats, to hypoallergenic diapers and HEMP fiber cars
and homes. Imagine retirement homes for ‘higher living’, k9 kennels
with cannabis treatments, and massive cannabis festivals with
farmers' markets and cannabis social clubs. This is now. It is not
theoretical. It is real. Our mission is to prepare our fellow
Americans for these business adventures.”
The Colorado Springs Gazette published an article on the Expo
discussing the event:
http://m.gazette.com/tech-expo-seeks-to-grow-marijuana-business-in-colorado-springs/article/1518587.
For additional information, please click on the YouTube video:
http://www.youtube.com/user/mmjexchange
Based on raw data, the market has spoken with its wallet. In the
first week of recreational marijuana sales, owners of 37 new retail
marijuana stores reported roughly $5 million in sales. What is good
for the goose is also good for the gander. The State Department of
Revenue collected more than $2.1 million in the first month of
2014. This number suggests almost $14 million in gross sales for
the month of January 2014 alone.
President and CEO of The Marijuana Business Academy, KC Stark
has successfully started and sold marijuana businesses and
consulted 100's of marijuana owners on how to spend less, make more
and expand their brand with America's most valuable cash crop. KC
served on the Medical Marijuana Task Force and is founder of Go
Green Cross, The Marijuana Business Academy, MMJIQ and Studio A64,
America’s “Original Cannabis Club.” His knowledge and network has
helped to insure a financially viable and business focused
industry. KC has also been featured on NBC, ABC, CBS, CNN, Fox News
and in The Wall Street Journal.
Co-Founder, Chairman of the Board and CFO of The Marijuana
Business Academy, Charles T. Houghton, P.C., has a law firm
dedicated to providing business, compliance, licensing and
regulatory advice to the recreational and medical marijuana
industry. Charles sat on the Colorado Springs Medical Marijuana
Task Force, which assisted the city in developing a regulatory
framework. He represents dozens of marijuana centers and infused
products manufacturers throughout Colorado. Charles also is a
frequent speaker and lecturer on the business and regulatory
aspects of the medical marijuana industry.
About The Marijuana Business AcademyThe MMJ Business
Academy helps start-ups, investors and current owners navigate the
legal web of regulations and take advantage of market opportunities
in the Colorado cannabis industry. Our mission is to help you turn
your ideas into a concrete reality based on the most current market
forces and regulations in the great Centennial State.Learn more
online at www.MarijuanaBusinessAcademy.com
About Iconic Brands Inc.Located in Amityville, New York,
Iconic Brands Inc. develops, markets, and distributes high-quality
branded alcoholic beverages.Website: www.icnb.info
Forward-Looking Statements DisclosureCertain statements
in this press release are forward-looking within the meaning of the
Private Securities Litigation Reform Act of 1995. These statements
may be identified by the use of forward-looking words such as
"anticipate," "believe," "forecast," "estimated" and "intend,"
among others. These forward-looking statements are based on the
Company's current expectations and actual results could differ
materially. There are a number of factors that could cause actual
events to differ materially from those indicated by such
forward-looking statements. These factors include, but are not
limited to, history of losses; speculative nature of Celebrity
Branded products; the highly competitive Spirits Industry;
substantial capital requirements: lack of diversification;
competition; global financial conditions; ability to market and
distribute products produced; and ability to acquire new license
agreements. The Company does not undertake an obligation to update
or revise any forward-looking statement. Investors should read the
risk factors set forth in historic and future periodic reports
filed with the Securities and Exchange Commission. All of the
Company's forward-looking statements are expressly qualified by all
such risk factors and other cautionary statements. The information
set forth herein speaks only as of the date hereof.
ProActive Capital GroupJared Mitchell,
646-863-6274jmitchell@proactivecrg.com
Iconic Brands (CE) (USOTC:ICNB)
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