Replies to post #200687 on Iconic Brands Inc (ICNB)

[236T568]

ha! so total revenues for ICNB will now grow to about $100,000 per year in a couple of years from Hemp

HEMP NEWS!!
Iconic Brands-ICNB/Green Grow Farms Subsidiary Signs Additional Lease for Hemp Grow

1:18 pm ET August 1, 2019 (Globe Newswire) Print
via NEWMEDIAWIRE -- Iconic Brands, Inc. (OTCQB: ICNB) announced today that their Green Grow Farms subsidiary has executed a lease with Sujecki Farms of Calverton, NY for 5 acres to grow Hemp for CBD. The company will be planting 10,400 clone plants today on the property. The feminized clones acquired by Green Grow Farms have proven genetics, and have historically yielded 14% to 16% CBD.

The company is expanding its footprint on the east end of Long Island, and expects to have significant acreage in this region under lease for next season. As well the company is pursuing extraction and processing licenses in the State of New York; the application will be submitted as soon as the State reopens the window to accept the applications. The goal is to be vertically integrated as soon as possible and take seed to sale in finished isolate as well consumer products.

The company will have updates on additional grow initiatives next week. Please follow our social media to see the planting later this afternoon.