Tag: Icanic

Avatar photoStaffJune 8, 2022
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BusinessFinancial

Icanic Brands Restructures Debt

3min01
Icanic Brands Company, Inc. (OTCQB: ICNAF)  has entered into a Restructuring Support Agreement with certain holders of its 2019 Secured Convertible Debentures for a proposed recapitalization transaction and to announce financing of approximately $2.0 million arranged by insiders of the company. The move will decrease the Icanic’s debt from $14.5 million to $10.9 million and […]
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Avatar photoDebra BorchardtJanuary 26, 2022
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BusinessExtraction

Icanic Buys LEEF For $120 Million

5min01
Icanic Brands Company, Inc. (CSE: ICAN)(OTCQB: ICNAF) is buying California-based extraction company LEEF Holdings, Inc. in a deal valued at approximately $120 million. The acquisition is expected to close in the first quarter of 2022. Leef is one of the largest cannabis extraction companies in the state of California and is a leading provider of […]
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