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Alias Born | 04/05/2016 |
Saturday, March 23, 2019 8:50:23 AM
Marlboro, the biggest U.S. tobacco company put $12.8 Billion into Juul Labs Inc, who makes e-cigarette vaporizers, undercutting their own tobacco cigarette market. Marlboro also recently pumped $1.8 Billion into a Canadian cannabis grower.
This tells me Marlboro is trying to stay competitive and get ahead of the expanding cannabis market as the tobacco market continues to decline.
Rich's/Iconic's entry into the Hemp/Cannabis market is very timely. CBD/THC infused products is still a relatively new market. Large scale crop production is one of the initial largest necessities. Rich is identifying and in the process of doing that. The ROI potential for ICNB investors is astronomical. This is in addition to the successful expansion in and wine and spirits market.
Giddyup ICNB!!
Recent ICNB News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 06/29/2023 09:21:01 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/29/2023 12:51:54 PM
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