AMITYVILLE, NY, Aug. 31, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Iconic Brands, Inc. (OTC PINK: ICNB) is pleased to announce that it is researching the market for cannabis infused beverage products.
Company representatives have visited with several domestic groups that hold various cannabis-related licenses and expertise in the science of cannabis growth and testing.
In addition, the company has spoken in detail with international suppliers with significant quantity and quality, as well as logistic centers with the ability to warehouse and distribute internationally.
The company is hopeful that a joint venture arrangement can be reached for international markets where such products are currently legal, while positioning itself for similar arrangements domestically should the regulatory environment change in the U.S.
Mr. Richard DeCicco commented, “I’ve been monitoring this industry for quite some time, and we have internally been strategizing over the last several months.
With potential movement on the regulatory front, and clear initiatives by industry leaders it is in the best interest of our company to pursue these opportunities.”
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