Ionic Brands Enters Las Vegas, Nevada With Acquisition of Vegas Valley Growers North

VANCOUVER, British Columbia, June 12, 2019 (GLOBE NEWSWIRE) — IONIC Brands Corp., formerly Zara Resources Inc. (CSE: IONC; FRA: IB3) (“IONIC BRANDS” or the “Company”) is pleased to announce that it has completed the acquisition of Vegas Valley Growers North (“VVG”) located in Las Vegas, Nevada, previously announced on April 2, 2019.  VVG is a vertically-integrated, cash flow positive opportunity with a projected 2019 revenue of US$6.6 million, expected gross profits of US$3.1 million and EBITDA of US$2.0 million.

According to Arcview Market Research and Nevada State Department of

...read more at https://finance.yahoo.com/news/ionic-brands-enters-las-vegas-070000468.html

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