West Coast-based cannabis holding company IONIC Brands (CSE: IONC) (OTC: IONKF) (FRA: IB3) this morning announced its entry into an exclusive Heads of Agreement with Lifespot Health Limited (ASX: LSH) to develop and distribute Lifespot’s software and vaporizer technologies. According to the update, Lifespot, through its Seng Vital and Bodytel GmbH subsidiaries, will provide its vaporizers that are Bluetooth-enabled and can be used for recreational cannabis consumption, as well as the Bluetooth Bodytel(TM) platform, which collects and manages consumer data in a compliant record keeping system that meets privacy regulations and is beneficial to consumers. “Smartphone Bluetooth technology is the future of cannabis delivery and dosing,” IONIC Brands Chairman and CEO John Gorst commented in the news release. “The company is ecstatic to offer consumers advanced delivery technology that, before this agreement, was only available to medical patients. Ionic’s launch and distribution of the Slim-line Vape is expected to start in Q3 2019 in Washington, Oregon, Nevada and California. The Slim-line Vape is the first Bluetooth enabled vaporizer and platform designed specifically for the use of cannabis. Our devices will allow for individual controlled dosing, with maximum safety, and the ability to track and measure progress, including through the use of an innovative fingerprint system.”
To view the full press release, visit http://nnw.fm/HvjR0
About IONIC Brands Corp.
IONIC Brands is a national cannabis holding company based in Washington and led by a team of successful entrepreneurs. The company is focused on building a multistate, consumer-focused cannabis concentrate brand portfolio focusing on the premium and luxury segments. The cornerstone brand of the portfolio, IONIC, is an accomplished No. 1 vaporizer brand in Washington that has aggressively expanded throughout the West Coast of the United States and is currently operating in Washington, Oregon and California. IONIC Brands’ strategy is to be the leader of the highest-value segments of the cannabis market and expand nationally. For more information, visit the company’s website at www.IONIC.social.
NOTE TO INVESTORS: The latest news and updates relating to IONKF are available in the company’s newsroom at http://nnw.fm/IONKF
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive instant SMS alerts, text STOCKS to 77948
For more information please visit https://www.NetworkNewsWire.com