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Apollo Biowellness, Inc. (KOAN), formerly Resonate Blends, Inc., reports corporate updates tied to biologic-based consumer and professional products. News for the OTC Pink issuer centers on its subsidiary Evolutionary Biologics, the Evo Bio brand, licensed natural stem cell mobilizing agents, a dual-acting natural diet aid, and biologic cosmetics such as Cielo Skin Care.
Recurring developments include distribution agreements for medical-spa, dermatology, plastic-surgery and aesthetic-clinician channels, product-brand announcements, OTCIQ disclosure status, creditor and capital-structure updates, and management changes. Company releases also describe efforts to market biologic products through retail, e-commerce, direct-to-consumer and professional distribution channels.
Apollo Biowellness, Inc. (OTC Pink: KOAN) has announced a significant development in its financial strategy. The company has engaged LB Equity Health and Wellness Fund, a division of The Lucas Group, for a potential investment of up to $5 million. This investment is based on a $32 million pre-money valuation into preferred equity.
LB Equity, led by Jay Lucas, a former founding Partner at Bain Capital, focuses on emerging brands in the beauty and personal care sectors. As part of this engagement, Jay Lucas will join Apollo Biowellness's Board of Directors and serve as a Financial Advisor.
CEO Jim Morrison expressed enthusiasm about the collaboration, highlighting the potential for expanded marketing and product development. The company has also filed to change its name from Resonate Blends to Apollo Biowellness, Inc.
Apollo Biowellness, Inc./Resonate Blends, Inc. (OTC Pink: KOAN) provides a corporate update following the closing of a Share Exchange Agreement with Emergent Health Corp. Jim Morrison, a renowned figure in the personal care industry, is now Chairman and CEO. The company is rebranded as Apollo Biowellness, Inc. and is focusing on the 'Health and Wellness' industry through strategic acquisitions. The Company is also in the process of acquiring Juventix Regenerative Medicine, and Integrative Practice Solutions, Nanogistics, Inc., a subsidiary, is fully operational, making Apollo Biowellness a vertically integrated company.
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Resonate Blends (OTCQB:KOAN) has announced that its Koan Cordials will be available at The Woods dispensary and lounge in West Hollywood. This stylish venue, spanning 8,000 square feet, offers a unique ambience with a curated indoor retail space and outdoor garden featuring cabanas. Koan Cordials are plant-based, vegan, and sugar-free beverages designed for wellness-focused consumers, available in seven distinct experiences like Calm and Sleep. Resonate's CEO, Geoff Selzer, highlighted the synergy between The Woods and their mission to promote quality cannabis products over high THC content.
Resonate Blends, Inc. (OTCQB:KOAN) shares insights from CEO Geoff Selzer in a recent interview with The Nabis Marketplace. The company specializes in wellness-focused cannabis products, aiming to demystify cannabis usage and provide intentional experiences. With a focus on precision-calibrated cannabis, KOAN’s Cordials offer a unique user experience, blending functionality with meticulous formulation. The brand's commitment to wellness and sustainability, along with award-winning packaging, distinguishes it in the California cannabis market. Future product expansions are in the works, signaling growth potential for KOAN.
Resonate Blends announces that Koan Cordials will be featured in Nabis Marketplace's new initiative for Dry January. Nabis is California's leading licensed cannabis wholesaler, spotlighting boutique brands to enhance retail experiences. Koan Cordials, infused with cannabis and designed as a non-alcoholic option, will serve as the 'Boutique Brand Spotlight.' The initiative aims to boost consumer awareness and provide retailers with valuable insights into Koan's offerings. This collaboration could positively impact Koan’s brand visibility and sales within the growing cannabis beverage market.
Resonate Blends, Inc. (OTCQB:KOAN) has launched its Koan Sleep Cordial in California, now available in multi-serve bottles. This innovative product blends Linalool, Myrcene, THC, CBD, and CBN, designed to promote better sleep cycles. Testing showed that over 90% of participants found the product effective for enhancing sleep quality. The formulation includes 5mg of Delta-9 THC, 15mg of CBD, and 10mg of CBN, aiming to minimize morning grogginess. Koan Sleep is part of a broader line of experience-targeted cannabis cordials, contributing to the growing wellness cannabis market.