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VANCOUVER, British Columbia, May 07, 2021 (GLOBE NEWSWIRE) Icanic Brands Company, Inc. (CSE: ICAN, OTCQB: ICNAF) (“
Icanic Brands” or the “
Company”), a multi-state brand operator in California and Nevada, is pleased to announce, further to its news releases dated December 9, 2020 and April 15, 2021, it has completed the acquisition (the “
Acquisition”) of THC Engineering, LLC (“
THC Engineering”) and THC Engineering Holdings, LLC (“
THC Holdings”, and collectively with THC Engineering, “
THC”) pursuant to the terms of a share exchange agreement dated April 7, 2021 (the “
Share Exchange Agreement”) among the Company, THC and the unitholders of THC (the “
Share:
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
VANCOUVER, British Columbia, April 15, 2021 (GLOBE NEWSWIRE) Icanic Brands Company, Inc. (CSE:ICAN, OTCQB:ICNAF) (
Icanic Brands or the
Company ), a multi-state brand operator in California and Nevada, is pleased to announce that it has entered into a share exchange agreement dated April 7, 2021 (the
Definitive Agreement ) among the Company, THC Engineering, LLC (
THC Engineering ), THC Engineering Holdings, LLC (
THC Holdings , and collectively with THC Engineering,
THC ), and the unitholders of THC (the
Unitholders ), pursuant to which the Company will acquire 100% of the issued and outstanding units of membership interest (the