Icanic Brands Announces Non-Binding LOI to Acquire DNA Organics, Inc. (Lifted Organics) and THC Engineering Share Issuance

VANCOUVER, British Columbia, May 13, 2022 (GLOBE NEWSWIRE) -- Icanic Brands Company, Inc. (CSE: ICAN, OTCQB: ICNAF) (“Icanic Brands” or the “Company”), a multi-state brand operator of premium cannabis brands in California, is pleased to announce that it has signed a non-binding Letter of Interest (“LOI”) to acquire DNA Organics, Inc. (“Lifted”), a premium California cultivator and manufacturer (the “Proposed Acquisition”).