Marijuana Stocks M&A » By The Online Investor Staff, updated Fri., Apr. 26, 1:51 AM
Recent mergers and acquisitions in the Marijuana Stocks M&A category.
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Slide #36. Iconic Brands — Medical Marijuana Business Academy, LLC
Acquirer:
Iconic Brands (ICNB)
Acquiree:
Medical Marijuana Business Academy, LLC
Details:
Iconic Brands Inc., (OTC Markets: ICNB), announces the execution of a Binding Letter of Intent to acquire Medical Marijuana Business Academy, LLC, ("MMJ Business Academy"), a Colorado based educational platform that helps start-ups, investors, and current owners navigate the regulatory boundaries of the Cannabis market. Iconic Brands has filed for a 10 for 1 reverse stock split on March 21st, 2014 which has not yet been declared effective by FINRA, post effectiveness ICNB will issue 50,000,000 new restricted shares of stock, as well as an agreed capital contribution for 100% of the shares of MMJ Business Academy. Full and final terms and conditions will be filed with the forthcoming Definitive Merger Agreement.
Medical Marijuana Business Academy, LLC: PRIVATE
