Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Operating Activities:
Loss from continuing operations attributable to Iconic Brands, Inc.	$ (3,571,602)	$ (2,906,698)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Income (loss) from continuing operations attributable to noncontrolling interests in subsidiaries and variable interest entity	(109,962)	(424,599)
Issuance of note payable to consultant	0	50,000
Stock-based compensation	557,768	775,700
Noncash lease expense	0	3,293
Depreciation and amortization	29,196	0
Loss on investment in and receivable from Can B Corp.	483,472	0
Changes in operating assets and liabilities:
Accounts receivable	239,289	(460,241)
Inventories	66,300	(315,530)
Accounts payable and accrued expenses	1,234,686	541,343
Net cash used in operating activities	(1,070,853)	(2,736,732)
Investing Activities :
Leasehold improvements	(11,000)	(20,000)
Furniture and equipment	(8,708)	0
Loans to discontinued subsidiary	0	(797,213)
Net cash used in investing activities	(19,708)	(817,213)
Financing Activities :
Proceeds from sale of series G Preferred Stock and warrants (net of placement agent fees of $150,000)	1,325,000	0
Proceeds from exercise of warrants	0	307,200
Proceeds from sale of series F Preferred Stock and warrants (net of placement agent fees of $322,500)	0	2,802,500
Proceeds from sale of Series E Preferred Stock and warrants	0	509,380
Proceeds from note payable	28,458	0
Repayment of debt and accrued interest	(40,000)	(10,000)
Loans payable to officer and affiliated entity	(29,494)	17,040
Net cash provided by financing activities	1,283,964	3,626,120
Increase (decrease) in cash and cash equivalents	193,403	72,175
Cash and cash equivalents, beginning of period	263,638	191,463
Cash and cash equivalents, end of period	457,041	263,638
SUPPLEMENTAL CASH FLOW INFORMATION:
Income taxes paid	0	0
Interest paid	$ 0	$ 0
NON-CASH INVESTING AND FINANCING ACTIVITIES:
Purchase of treasury stock (1,000,000 shares of common stock) in connection with exchange of 543,714 shares of Can B Corp common stock	516,528
Issuance of common stock in exchange for the surrender of Series C Preferred Stock and Series D Preferred Stock	$ 0	$ 500,000
Issuance of common stock in exchange for the Series E Preferred Stock	675	781,323
Issuance of common stock in connection with acquisition of 51% equity interest in Green Grow Farms, Inc.	0	1,250,000
Issuance of note payable in connection with acquisition of 51% equity interest in Green Grow Farms, Inc.	0	200,000
Exchange of Series E Preferred Stock for Series F Preferred Stock	0	681,250
Issuance of common stock in exchange for Series F Preferred Stock	742,000	650,500
Receipt of Can B Corp. common stock in connection with sale of 51% equity interest in Green Grow Farms, Inc, effective December 31, 2019	0	1,000,000
Issuance of common stock to Escrow Agent in connection with Settlement Agreement and Amended Settlement Agreement	$ 0	$ 133,551