KOAN - Resonate Blends in agreement to acquire California-based Kaneh Co.
- Resonate Blends ( OTCQB:KOAN ) receives Board approval to acquire a California corporation, Iron Summit Distribution.
- Iron Summit is the creator of the Kaneh Co. brand, a gourmet line of cannabis-infused chocolates, brownies, cookies, truffles, solventless gummies and a variety of other high-end edibles.
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In 2021, it achieved revenues of more than $3M between their own brand and white label manufacturing, and it has plans to scale its operations with an aggressive revenue roadmap presented through 2023.
- The company expects the closing to occur in the first week of October – and once completed, will combine the award-winning Koan Cordials along with the wholesome high-end products under the Kaneh Co. brand.
For further details see:
Resonate Blends in agreement to acquire California-based Kaneh Co.