Ionic Brands Addresses Vape Product Safety Concerns
September 26 2019 - 9:25AM
IONIC BRANDS CORP. (CSE: IONC) (OTC: IONKF) (FRA: 1B3)
(“
IONIC BRANDS” or the “
Company”)
is pleased to address the recent vaporizer product safety
concerns. At IONIC BRANDS safety is a top priority. As many
of you are aware, there have been distressing reports associated
with vaping and vape products. The reported incidents appear to
involve the use of both nicotine and THC containing products.
John Gorst, CEO and Chairman states “This is a
situation that we take seriously and are monitoring closely”.
The U.S. Center of Disease Control and Prevention (CDC) is working
with the Food and Drug Administration (FDA) and various U.S. States
to investigate whether the illnesses may be linked to specific
vaporizer devices, ingredients, or contaminants in the devices, or
substances associated with e-cigarette product use. No substance
including Tocopheryl acetate, commonly referred to as Vitamin E
acetate, has been identified as the cause of these incidents.
In alignment with our pillars of Respectability
and Responsibility, IONIC BRANDS only operates in U.S. States that
have legalized cannabis for recreational use. All of our products
adhere to the strict regulations of cannabis and THC in every
market in which we operate. IONIC BRANDS has always been and
continues to be committed to self-regulating above and beyond
required State regulations and quality measures, and we have always
promoted legal and responsible use by adults only.
IONIC BRANDS continues to operate using only
superior and better than cannabis industry standards. This includes
individually testing every product at third party laboratories
before it ever leaves our facilities. All of our products are
created using only the highest quality materials exclusively
sourced from licensed producers of integrity, that use state of the
art equipment, and ensure strict operating practices and procedures
are followed. We have never and will never use any additives that
contain Vitamin E acetate, or any additives that are based on
petrochemicals and it is not present in any of our products.
This is not a cannabis issue. This is an illicit
market issue that calls for more regulation, not less. We are aware
of the pervasive dangers of Black Market operators infiltrating
legal markets with counterfeit, illegal and unregulated products.
We strongly advise consumers to never use Black Market or illegal
products, and to choose only tested and compliant products from
licensed dispensaries.
We are specifically concerned with the
proliferation of these illegal and unregulated Black Market
products in California, and as a result we feel a responsibility to
temporarily suspend production in California until State regulators
demonstrate that they can effectively enforce the laws of the
State. We feel that it is too great a risk to our customers and
shareholders and brands to continue production in California until
regulators can take control of this problem.
We support fact based solution that will result
in stronger regulations for the protection of consumers, and we
continue in our ongoing commitment to provide only the highest
quality products for our customers.
The CDC recommends that in the event that you
are concerned about your health after using an e-cigarette product
to contact your healthcare provider, or you can also call your
local poison control center at 1-800-222-1222. Health care
providers also can contact their local poison control center.
About IONIC BRANDS Corp.
The Company is focused on building a multi-state
consumer-focused cannabis concentrate brand portfolio focusing on
the premium and luxury segments. The cornerstone Brand of the
portfolio, IONIC, is one of the top vaporizer brands in Washington
State and has aggressively expanded throughout the West Coast of
the United States. The brand is currently being sold in Washington,
Nevada, Oregon and California. IONIC BRANDS’ strategy is to
be the leader of the highest-value segments of the cannabis market
and expand nationally.
On behalf of IONIC BRANDS CORP.John GorstChief
Executive Officer & Chairman
For more information visit www.ionicbrands.com
or contact:John Gorstinfo@ionicbrands.com+1.253.248.7927
The CSE does not accept responsibility
for the adequacy or accuracy of this release.
All statements, other than statements of
historical fact, included herein are forward-looking statements
that involve various risks and uncertainties. There can be no
assurance that such statements will prove to be accurate and actual
results and future events could differ materially from those
anticipated in such statements. The risks are without limitations
the price for cannabis and related products will remain consistent
and the consumer demand remains strong; availability of financing
to the Company to develop the retail locations; retention of key
employees and management; changes in State and/or municipal
regulations of retail operations and changes in government
regulations generally. Important factors that could cause actual
results to differ materially from the Company’s expectations are
disclosed in the Company’s documents filed from time to time with
the Canadian Securities Exchange, the British Columbia Securities
Commission, the Ontario Securities Commission and the Alberta
Securities Commission.
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