IONIC Brands Corp. (CSE: IONC; FRA: IB3, OTC: IONKF) ('IONIC BRANDS' or the 'Company') announces today that it has filed its management information circulars and related materials (collectively the 'Proxy Materials') with the applicable Canadian securities regulators for special meetings (the 'Meeting') of holders (the 'Shareholders') of the common shares of the Company (the 'Shares'), holders (the 'Debentureholders') of 10.0% convertible senior secured debentures of the Company (the 'Debentures') and holders (the 'Warrantholders' and with the Shareholders and Debentureholders, the 'Securityholders') of common share purchase warrants of the Company (the 'Warrants') issued on May 16, 2019 at which Securityholders will be asked to approve certain amendments to the Amended and Restated Debenture Indenture dated December 20, 2019 entered into between the Company and Odyssey Trust Company (the 'Amended and Restated Indenture') and the Warrant Indenture dated May 16, 2019 entered into between the Company and Odyssey Trust Company (the 'Warrant Indenture').

The Meetings are scheduled for 10:00 a.m. (Vancouver time) on Wednesday, February 19, 2020 at Suite 1500 - 1055 West Georgia Street, Vancouver, BC, V6E 4N7.

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 three vaporizer and concentrate brands in Washington State along with Zoots portfolio of high quality edibles, and has aggressively expanded throughout the West Coast of the United States. The brand is currently operating in Washington and Oregon with licensing agreements in Illinois and Massachusetts. IONIC BRANDS' strategy is to be the leader of the highest-value segments of the cannabis market and expand nationally.

Contact:

Tel: 253-248-7927

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