Resonate Blends Inc (KOAN)

[DSherman]

Nice, just sitting back for the koan fireworks.

[madeindet]

Cdel and E*TRADE hiding bids

[madeindet]

News: Resonate Blends : Partners with Captor Retail Group to Expand Product Availability Across Major Dispensary Network
09/29/2021 | 08:33am


Koan Cordials to be sold at locations throughout the One Plant California network, one of the largest statewide cannabis retail operators

Resonate Blends, Inc. (OTCQB:KOAN), a Wellness Lifestyle cannabis holding company (“Resonate” or “the Company”), has partnered with Captor Retail Group (“CRG”) to make its Koan Cordials available across CRG’s operating dispensaries, including the One Plant California (“One Plant”) and CHAI Cannabis Co. retail networks. The Company’s six Koan Cordials blends will be featured on menus throughout One Plant’s California locations, offering consumers the world’s first Cannabis Cordial.

The CRG portfolio consists of nine locations, including the CHAI Cannabis Co. dispensaries in Santa Cruz and Castroville, and the One Plant California-branded dispensaries in Goleta, Salinas, Antioch, Atwater, El Sobrante, Lompoc, and forthcoming location in Palm Springs.

“Having our Cordials selected by the One Plant family of stores to be available for sale at one of the fastest growing retail dispensary chains in California reflects the widespread positive market reception to our innovative product line,” said Geoff Selzer, CEO of Resonate. “CRG’s focus on top-end brands is consistent with our perspective that value-added brands are the future of the Cannabis industry in the U.S. and globally. We look forward to working with the One Plant team given their alignment with our vision of the broader evolution of the industry, which gives us great confidence that their retail network will be an important sales outlet for our products over the long-term.”

The patent-pending Cordials combine THC (psychoactive), CBD (non-psychoactive) with botanical terpenes to deliver an all-natural, plant-derived, single-dosed experience that can be enjoyed straight out of the bottle or poured into any beverage. Cordials provide the finest qualities of an edible, tincture and a beverage delivering consistent and precise experiences each and every time.

The Koan Cordials offer six unique experience blends—Balance, Calm, Create, Delight, Play and Wonder with additional formulations in development. You can visit the One Plant California website for in-store pickup and delivery options at www.oneplant.life.

Resonate Blends, Inc. (OTCQB:KOAN)

Resonate Blends is a Calabasas, CA-based portfolio of Cannabis Wellness and Lifestyle brands. The company created the Resonate System—a comprehensive system of interconnected experience targets to personalize consumers’ relationship with Cannabis through its products. www.resonateblends.com

About Captor Capital Corp. (CSE: CPTR; FRANKFURT: NMVA; STUTTGART: NMVA)

Captor Capital Corp. is a Canadian vertically integrated cannabis company listed on the Canadian Securities Exchange, and the Frankfurt and Stuttgart stock exchanges. Captor provides recreational cannabis products to consumers, as well as other high demand cannabis-based goods. The Company follows a strategy of acquiring cash flowing established companies and organizations with growth potential that require capital to scale. Captor currently has a number of revenue generating cannabis assets including a majority ownership stake of Captor Retail Group Inc.

Safe Harbor Provision:

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Examples of forward-looking statements include, among others, statements we make regarding: guidance relating to net income; anticipated customer onboardings; and expected operating results, such as revenue growth and earnings. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set out in the Company's SEC filings. These risks and uncertainties could cause the Company's actual results to differ materially from those indicated in the forward-looking statements.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210929005137/en/

Copyright 2021 © Business Wire


Stock market news
MarketScreener.com :
MarketsNewsAnalysisStock PicksPortfoliosWatchlistsTop / FlopScreenersToolsOur Services
About :
Surperformance SASAbout usContact usAdvertisementLegal information
Copyright © 2021 Surperformance. All rights reserved.

[madeindet]

KOAN - - our acquisition target is now selling its quality cannabis relief balms in Canada. Big development for lemon & grass ????

#canada #ontario #revenue #wellness #cannabiscommunity

[DSherman]

Agreed, mgt is good, smart and extremely experienced compared to our normal otc management. Koan $$$$$

[Abi1]

The pressure is building, the company clearly seems to be doing All the Right Moves! I think we're all going to be very pleased soon$

[DSherman]

These guys move like a subsonic bullet, slow and accurate. Koan $$$

[madeindet]

$KOAN will be exhibiting at Hall Of Flowers Cannabis Conference this week. 4000 attendees ??

#CannabisCommunity #CannabisCulture #CannabisNews #HOF #Cannabis

[Moose412]

104,054 shares sold since last week, all restricted. L&G looks v interesting.

Authorized Shares
200,000,000
09/17/2021
Outstanding Shares
44,962,466
09/17/2021
Restricted
32,725,875
09/17/2021
Unrestricted
12,236,591
09/17/2021
Held at DTC
11,439,389
09/17/2021

[madeindet]

$KOAN - we agree!#CannabisCommunity #CannabisNews #Acquisition pic.twitter.com/pdHlrinaGz

— Resonate Blends (@Resonate_KOAN) September 17, 2021

[stealofadeal]

$KOAN No selling today and holding strong.

[DaubersUP]

Agree. They are building something here at Koan. Happy to be a part of it.

A lot of work to be done still. A lot!!!!

But I love the realistic pace thus far.

[madeindet]

This makes KOAN a MSO opening the door to offering the cordials in other states and Canada

[madeindet]

Great DD thanks

[madeindet]

AYR Is @ $22.50

[DSherman]

Thx for the dd, koan

[DaubersUP]

Liberty has over 40 dispensaries in FL

The new company is out of Canada. I believe

Lemon and Grass fit perfectly with KOAN. Now it will be interesting to see if AYR puts a stake in this.

[DaubersUP]

https://libertyhealthsciences.com

They purchased Lemon and Grass in 2019 I believe.

https://www.newcannabisventures.com/liberty-health-sciences-continues-to-expand-its-line-of-top-brands-introducing-papas-herb-and-lemon-and-grass/

Liberty Health Science was then acquired by Ayr Wellness early this year.

Stock ticker: AWYRF

[madeindet]

Look there OTCX is back on the bid

[madeindet]

Any idea who? “The group behind this brand is one of the largest investors of cannabis in North America. Big plans 4 the future growth of Resonate Blends.”

[DSherman]

Agreed$$$$$$$$$$koan

[madeindet]

Key word “binding”

[madeindet]

https://www.lemonandgrass.com

[madeindet]

Allows KOAN Cordials to become available in multi states/countries

MSO $$$$$

[DSherman]

Nice move, koan $$

[madeindet]

“The group behind this brand is one of the largest investors of cannabis in North America. Big plans 4 the future growth of Resonate Blends.”

[CowboySurfer]

$KOAN - our binding LOI to acquire lemon & grass is incentive-based w/ shares earned for opening new states, Canadian provinces & new dispensaries for both Koan & L&G brands. Great for revenue growth & company valuation.

On September 9, 2021, Resonate Blends, Inc. (the "Company”) entered into binding letter of intent (the "Agreement”) with L & G USA Inc., a Delaware corporation and L & G Canada Inc., an Ontario corporation (together "Seller”), and the stockholders of Seller (the "Stockholders”), pursuant to which the Company will acquire substantially all of the assets fromSeller associated with the Lemon & Grass business and the Koan business (the "Acquisition”).
The Seller’s products, focused on the functional side of Cannabis wellness, complement the Company’s existing product line focused on targeted, precisely-calibrated experiences. Lemon & Grass currently sells in Florida, is ramping up for its re-launch in California and has aggressive licensing plans for multiple states in the U.S. and provinces in Canada.
Pursuant to the Agreement, and subject to appropriate due diligence and the execution and closing of a definitive agreement, the purchase price (the "Purchase Price”) for the Acquisition will be $1,075,000, to be paid in the following manner: 1,650,000 shares of the Company’s common stock (the "Stock Portion”) plus two hundred and fifty thousand US Dollars in cash ($250,000) (the "Cash Portion”), on a cash-free, debt-free basis. At Closing, the Purchase Price will be reduced to satisfy any debts and liabilities/liens, and the Purchase Price will be increased to account for any cash and cash equivalents. The Company will not assume any debts in the Acquisition.
Within three business days following the execution of the Agreement, the Company is required to deliver seventy-five thousand dollars ($75,000.00) to be held by the Seller or an escrow agent as deposit against the Purchase Price (the "Deposit”). In the event that the Acquisition does not close through no fault of the Seller or the Stockholders, the Deposit shall be retained by the Seller as full consideration for its time and expenses in pursuing the Acquisition (including the event where the Financing Condition (defined below) is not achieved). Forty-five days after signing the Agreement, the Deposit will be non-refundable, except if the Acquisition does not close as a result of the fault or refusal of the Seller or the Stockholders, the Deposit shall be returned to the Company.
In the first eighteen months after the closing, up to 6,000,000 additional shares of common stock will be issued to the Seller and Continuing Employees (the "Contingent Consideration”), based on the business achieving milestones that will be outlined in a Consulting Agreement addressing the integration of the Lemon & Grass business into the Company’s holding company and also growing both the Lemon & Grass and Koan brands post-close.
91302 (Zip Code)

For twenty-four months after the closing, Seller will be entitled to designate up to two individuals to serve on the Resonate Advisory Board (the "Advisors”). If Resonate experiences a multi-quarter downturn in its results, the Board of Directors will nominate a member of the Seller-group to join the Board of Directors. If the Company sells new equity to investors in a bona fide financing before the first anniversary of the Closing, at a price per share below the price per share at which the Stock Portion is issued (a "Down Round”), the Company will issue additional shares to the Sellers on the date of the closing of the Down Round ("True Up Shares”).
The deal is expected to close in the fourth quarter of this year. The closing is subject to certain conditions, including, among others, (a) the negotiation and execution of the definitive agreement and related documents, which shall include non-competition agreements, by Alon Amouyal for the production and sale of cannabis topicals, relief capsules and tinctures for a period of one year after the closing; (b) the receipt of any necessary consents, assignments or approvals from third parties and governmental agencies, and the making of any necessary government filings; (c) the receipt by the Company and the Seller prior to the execution of the definitive agreement of the approval of a legally binding majority of the Stockholders; (d) the successful negotiation and closing of $2,500,000 in financing for the Company, on terms acceptable to Company’s Board of Directors (the "Financing Condition”); and (e) satisfactory completion of customary due diligence investigations concerning the Seller, and the assets proposed to be purchased, the results of which are acceptable to the Board of Directors of the Company

[madeindet]

https://seekingalpha.com/news/3739085-resonate-blends-to-acquire-a-wellness-cannabis-brand

[madeindet]

$KOAN - lemon & grass brings many tangibles & intangibles. The group behind this brand is one of the largest investors of cannabis in North America. Big plans 4 the future growth of Resonate Blends.

[DSherman]

I like that, koan acquisitions $$$$$

[madeindet]

CDEL hiding bid

[madeindet]

Resonate Blends Executes Binding LOI To Acquire A Wellness Cannabis Brand >KOAN

[madeindet]

News: EXCLUSIVE: Resonate Blends To Acquire Lemon And Grass™ Cannabis Brand, Expanding Both Companies' Footprint In U.S. And Canada

Maureen Meehan, Benzinga Staff Writer
September 13, 2021 11:45 am | 2 min read



Resonate Blends, Inc. (OTCQB:KOAN), a cannabis & hemp-based holding company announced on Monday that it has signed a letter of intent to acquire all assets of the Florida-based lemon and grass™ cannabis wellness brand.
The acquisition will expand Resonate’s market presence and national footprint through multi-state distribution and product-level synergies explained the company’s CEO Geoff Selzer.
“lemon and grass™ reinforces the core notion of Resonate’s vision that value-added brands are the future of Cannabis,” Selzer said. “This acquisition is the first step of our multi-state expansion plans and supports our strategy of growing both organically through internal development and by acquisition.”

[Moose412]

Whoops, moving too fast earlier. That looks like a 50k increase on OS. No other changes.

As always, please...anyone...correct me when/where I am wrong!

[Moose412]

Sept 10 2021 - Sept 10 2021 No changes in share structure

Authorized Shares
200,000,000
09/10/2021
Outstanding Shares
44,858,412
09/10/2021
Restricted
32,621,821
09/10/2021
Unrestricted
12,236,591
09/10/2021
Held at DTC
11,439,389
09/10/2021

[madeindet]

our podcast taping is completed w/ Cannabis Radio. We will send the link when it’s live. Discussion on Cordials, our M&A strategy, new dispensaries & our upcoming D2C platform. Exciting developments at Resonate Blends.

#CannabisCommunity #CannabisNews @Cannaradio

[DSherman]

I like the more organic MO of growth to start before spending marketing bucks. Koan

[TraderGreen]

Dollars not too far off! Cordials selling well and M&A deal sounds like it's closed...Gonna get real fun heading into the end of the year!!!

GLTA and AIMO,
TG

[Moose412]

Sept 4th 2021 - Sept 3rd 2021

NO Share Structure changes.

Authorized Shares
200,000,000
09/03/2021
Outstanding Shares
44,808,412
09/03/2021
Restricted
32,571,821
09/03/2021
Unrestricted
12,236,591
09/03/2021
Held at DTC
11,439,389
09/03/2021
Float
11,101,889
07/01/2021

[DSherman]

I’d call this a pretty tight trading range today. Koan

[madeindet]

$KOAN - During our recent Virtual Investor Presentation, we discussed company growth through expansion of the Koan brand & M&A opportunities. We are prepping for an exciting announcement. Enjoy the long weekend ??

#Synergy #CannabisCommunity #CannabisNews #Wellness #MSO

$KOAN - During our recent Virtual Investor Presentation, we discussed company growth through expansion of the Koan brand & M&A opportunities. We are prepping for an exciting announcement. Enjoy the long weekend 🍃#Synergy #CannabisCommunity #CannabisNews #Wellness #MSO pic.twitter.com/K9x2D2Vu9C

— Resonate Blends (@Resonate_KOAN) September 3, 2021

[DSherman]

Haha, no big with koan and this low volume. All good with koan

[madeindet]

ETRF hiding bid

[Moose412]

August 27th - August 27th, 2021

No change in SS

Market Cap Market Cap
17,927,846
08/26/2021
Authorized Shares
200,000,000
08/27/2021
Outstanding Shares
44,808,412
08/27/2021
Restricted
32,571,821
08/27/2021
Unrestricted
12,236,591
08/27/2021

[madeindet]

$KOAN - visited our dispensaries in SF & Woodland Hills & both are reporting brisk sales of our Cordials. Statewide distribution is now in place & new dispensary locations are coming. Great response to our Cordials ??

$KOAN - visited our dispensaries in SF & Woodland Hills & both are reporting brisk sales of our Cordials. Statewide distribution is now in place & new dispensary locations are coming. Great response to our Cordials 🎯#CannabisCommunity #Cannabis #CannabisNews #Dispensaries pic.twitter.com/12Lbsvqe2L

— Resonate Blends (@Resonate_KOAN) August 27, 2021

[DSherman]

I don’t think these algorithms are pertinent with such low volume. Just peeps playing shorts here. Koan

[madeindet]

What I find interesting is the MM Algos have kept this 1 tick below the 50 day ma on the offer for 4-5 months

[DSherman]

Koan lining up the legos nicely.

[madeindet]

Resonate Blends Selects Leading eCommerce Partner to Launch Direct-to-Consumer Sales Platform August 24, 2021 7:48 AM Expanded distribution network to include home delivery available for consumers in LA, Orange County and the Bay Area CALABASAS, Calif.--(BUSINESS WIRE)-- Resonate Blends, Inc. (OTCQB: KOAN), a Wellness Lifestyle cannabis holding company (“Resonate” or “the Company”), has partnered with California’s leading cannabis eCommerce technology company to provide fast, safe, and reliable - statewide home delivery. Resonate Blends has developed the world’s first Cannabis Cordial. The patent-pending Cordials combine THC (psychoactive), CBD (non-psychoactive) with botanical terpenes to deliver an all-natural, plant-derived, single-dosed experience that can be enjoyed straight out of the bottle or poured into any beverage. Cordials provide the finest qualities of an edible, tincture and a beverage delivering consistent and precise experiences each and every time. The partnership enables Resonate to implement a powerful direct-to-consumer (“D2C”) eCommerce platform and comprehensive home delivery service for the Company’s Koan product line. Demand for delivery services has significantly increased during the pandemic and has become an essential channel for consumers. https://www.streetinsider.com/dr/news.php?id=18854284&gfv=1

[Moose412]

August 20th 2021 - August 20 2021

Outstanding shares increase by 37,500. Further examination shows them as restricted.

Authorized Shares
200,000,000
08/20/2021
Outstanding Shares
44,808,412
08/20/2021
Restricted
32,571,821
08/20/2021
Unrestricted
12,236,591
08/20/2021
Held at DTC
11,439,389
08/20/2021