AMITYVILLE, N.Y.--(BUSINESS WIRE)--Iconic Brands Inc., (NQB:ICNBD), today announced that The Marijuana Business Academy, America’s leading cannabis educational institute–educating, training, building and expanding America’s Ganjapreneurs with step-by-step ‘how to’ training platforms–had a record number of attendees, both investors and entrepreneurs, at the Academy seminars held this weekend, April 19-20, at the Colorado Springs International Cannabis Technology Expo. These seminars, led by CEO and President KC Stark and leading industry professionals, provide education and insight into starting a marijuana business.
Iconic Brands Inc., as previously announced, has signed a binding Letter of Intent to acquire The Marijuana Business Academy. The acquisition is on schedule and expected to close in May 2014. Iconic Brands management which has a historic business in the development, marketing and distribution of alcoholic products sees the marijuana industry forming in the United States as similar to the repeal of Alcohol Prohibition in the 1930s, and expects to see a multi-billion dollar industry form from the legalization of medicinal and recreational marijuana use in the United States.
Mr. KC Stark, MMJBA CEO and President stated, “This is the end of 76 years of cannabis prohibition and the beginning of a global industrial, commercial, medical and recreational revolution unlike anything we have seen since cotton and the cotton-gin. Unlike cotton, cannabis has the ability to touch almost every sector of our society. From possible cures to ailments, such as cancer, PTSD, nausea and Drevats, to hypoallergenic diapers and HEMP fiber cars and homes. Imagine retirement homes for ‘higher living’, k9 kennels with cannabis treatments, and massive cannabis festivals with farmers' markets and cannabis social clubs. This is now. It is not theoretical. It is real. Our mission is to prepare our fellow Americans for these business adventures.”
The Colorado Springs Gazette published an article on the Expo discussing the event: http://m.gazette.com/tech-expo-seeks-to-grow-marijuana-business-in-colorado-springs/article/1518587. For additional information, please click on the YouTube video: http://www.youtube.com/user/mmjexchange
Based on raw data, the market has spoken with its wallet. In the first week of recreational marijuana sales, owners of 37 new retail marijuana stores reported roughly $5 million in sales. What is good for the goose is also good for the gander. The State Department of Revenue collected more than $2.1 million in the first month of 2014. This number suggests almost $14 million in gross sales for the month of January 2014 alone.
President and CEO of The Marijuana Business Academy, KC Stark has successfully started and sold marijuana businesses and consulted 100's of marijuana owners on how to spend less, make more and expand their brand with America's most valuable cash crop. KC served on the Medical Marijuana Task Force and is founder of Go Green Cross, The Marijuana Business Academy, MMJIQ and Studio A64, America’s “Original Cannabis Club.” His knowledge and network has helped to insure a financially viable and business focused industry. KC has also been featured on NBC, ABC, CBS, CNN, Fox News and in The Wall Street Journal.
Co-Founder, Chairman of the Board and CFO of The Marijuana Business Academy, Charles T. Houghton, P.C., has a law firm dedicated to providing business, compliance, licensing and regulatory advice to the recreational and medical marijuana industry. Charles sat on the Colorado Springs Medical Marijuana Task Force, which assisted the city in developing a regulatory framework. He represents dozens of marijuana centers and infused products manufacturers throughout Colorado. Charles also is a frequent speaker and lecturer on the business and regulatory aspects of the medical marijuana industry.
About The Marijuana Business Academy
The MMJ Business
Academy helps start-ups, investors and current owners navigate the legal
web of regulations and take advantage of market opportunities in the
Colorado cannabis industry. Our mission is to help you turn your ideas
into a concrete reality based on the most current market forces and
regulations in the great Centennial State.
Learn more online at www.MarijuanaBusinessAcademy.com
About Iconic Brands Inc.
Located in Amityville, New York,
Iconic Brands Inc. develops, markets, and distributes high-quality
branded alcoholic beverages.
Website: www.icnb.info
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Certain statements in
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Securities Litigation Reform Act of 1995. These statements may be
identified by the use of forward-looking words such as "anticipate,"
"believe," "forecast," "estimated" and "intend," among others. These
forward-looking statements are based on the Company's current
expectations and actual results could differ materially. There are a
number of factors that could cause actual events to differ materially
from those indicated by such forward-looking statements. These factors
include, but are not limited to, history of losses; speculative nature
of Celebrity Branded products; the highly competitive Spirits Industry;
substantial capital requirements: lack of diversification; competition;
global financial conditions; ability to market and distribute products
produced; and ability to acquire new license agreements. The Company
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hereof.