Iconic Brands Inc., Closes Merger with Medical Marijuana Business Academy

Iconic Brands Inc., (OTC Markets:ICNB), announced today they have closed the previously announced merger with Medical Marijuana Business Academy, LLC , www.mmjbusinessacademy.com , a Colorado based educational platform that helps start-ups, investors, and current owners navigate the regulatory boundaries of the cannabis market. MMJ Business Academy also is a premier event and seminar provider, with their next event scheduled in Denver, Colorado September 27th and 28th, information can be found on the company website.

Effective with this closing Iconic Brands current CEO Richard DeCicco has resigned and Mr. KC Stark has assumed the position of CEO, with Mr. Charles T. Houghton, Esq. assuming the positions of Chairman of the Board and CFO.

The company will take steps to effect a formal name and symbol change to reflect the new business enterprise.

Mr. DeCicco would like to thank all of the shareholders for their patience and support over the past several years and wish the new team tremendous success. Please look for a formal press release from new management outlining the current business and future plans that were all very excited about. We look forward to a prosperous future with MMJ Business Academy.

About MMJ Business Academy

The MMJ Business Academy helps start-ups, investors and current owners navigate the legal web of regulations and provides the practical hands on information necessary to take advantage of Cannabis market opportunities. The MMJBA offers comprehensive, step-by-step live and on-line training platforms covering critical topics: marijuana business licensing qualification process, State license applications, seed to sale tracking, medicine and money, retail & cultivation operations, choice of entity, commercial leasing, marijuana business insurance, banking, security requirements, inventory obligations, State filings, taxes, special allocations, federal tax issues, compliance accounting, theft prevention, and essential tips to avoid failure and increase your chances of success.

Forward Looking Statement:

Except for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties. Certain statements contained in this release that are not historical facts constitute forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, and are intended to be covered by the safe harbors created by that Act. Reliance should not be placed on forward-looking statements because they involve unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to differ materially from those expressed or implied. Forward-looking statements may be identified by words such as estimates, anticipates, projects, plans, expects, intends, believes, should and similar expressions and by the context in which they are used. Such statements are based upon current expectations of the Company and speak only as of the date made. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which they are made.

Iconic Brands Inc.MMJ Business AcademyMr. KC Stark, 719-930-9846