Resonate Blends Inc (KOAN)

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5/19 Resonate Blends, Inc. Engages Boustead Securities, LLC as Investment Bankers and Financial Advisors
May 19, 2020 07:04 AM Eastern Daylight Time
CALABASAS, Calif.--(BUSINESS WIRE)--Resonate Blends, Inc. (OTCQB:KOAN), a cannabis-based holding company (“Resonate” or “the Company”), announced today that it has engaged Boustead Securities, LLC as its placement agent and financial advisor.

The engagement contemplates that Boustead will act as placement agent and financial advisor for the Company’s planned securities offerings
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The engagement contemplates that Boustead will act as placement agent and financial advisor for the Company’s planned securities offerings.

While the Company advises there is no certainty that an offering of the Company’s securities will proceed or be completed, Boustead expects to be instrumental as Resonate continues to explore various capital market initiatives.

Boustead Securities CEO Keith Moore stated: “With the launch of the Koan brand for the Wellness Lifestyle market, including military veterans and others suffering from stress related issues, we are looking forward to bringing a unique company and their acquisition driven strategy to investors.”

“In the short time since the Company has been active, we have achieved many of our initial goals thanks to our strong and experienced leadership team, innovative product development and clear focus on branding high-quality cannabis products to an already growing sector,” said Geoffrey Selzer, Resonate’s CEO. “We have been working diligently for the last 6 months to clean up the Company’s capital structure and align it to the strategic requirements of the cannabis business. We are pleased to engage Boustead as the next step in our capital market objectives and look forward to collaborating with them.”

This press release is not intended to and does not constitute an offer to sell nor a solicitation for an offer to purchase any securities of the company.