KOAN - Resonate Blends Inc. In Full Scale Production of KOAN® Cordials at The Galley
The Company Plans to Distribute KOAN ® Cordials to its Sales Channels
Resonate Blends, Inc. (OTCQB:KOAN), a Cannabis based Wellness Lifestyle holding company (“Resonate” or “the Company”), announced the full scale production of its KOAN ® Cordials by manufacturer, QVI, Inc., a portfolio company of FinCanna Capital Corp. (CSE: CALI), (OTCQB: FNNZF), doing business as “The Galley,” a cannabis-infused product manufacturer located in Sonoma County, California.
Resonate’s first commercial release is a category-breaking family of six precisely targeted effect blends called Cordials. They are neither tinctures nor edibles but have benefits of both. Consistent with the Company’s mission to “Master The Art of Experience,” Resonate has integrated industry leading emulsification technologies, water solubility, with extremely stringent and precisely targeted formulation strategies to create single-dose blends that are consistent in effect. After multiple rounds of carefully managed blind testing, the Company is ready to release its brand of Cordials to an industry looking for carefully calibrated experiences that are repeatable and predictable.
The Galley manufactures a wide variety of cannabis products including numerous edibles and beverages from well-known brands such as House of Saka and Laurie + MaryJane. Selected for its manufacturing expertise and scalability, The Galley is a fully licensed 8,300 square foot state-of-the-art co-manufacturing facility designed and built to the high standards of both the Food and Drug Administration (FDA) and the California Department of Public Health (CDPH).
Resonate is about to launch its social media programs across multiple channels for KOAN ® Cordials. The Company believes it has attracted some of the best social media talent in the industry as it continues to refine its communication and to build a trusted, value-added KOAN brand. Distribution strategies and execution with selected dispensaries, various marketing partners and direct-to-consumer (D2C) are designed to optimize sales throughout California. The Galley was instrumental in the Company’s strategic growth plans and provides a partner, which the Company believes is capable of scalability, while providing for strict manufacturing standards and full in-house distribution services.
“We are excited to work with The Galley due to the company’s attention to manufacturing excellence, its experience producing a wide variety of cannabis products, its ability to scale and its enthusiasm for our products and company,” stated Resonate CEO Geoff Selzer. “In partnering with The Galley, it was not only important for us to have a professional manufacturing partner committed to excellence, but one that is committed to the same values and target markets as we initiate the launch of the Cordials into the California market. Our effort to introduce Cordials to the market has been in the works for months and is a major milestone for the Company and our shareholders.”
Annie Holman, CEO of QVI, Inc. stated, “The Galley is enthusiastic about working with Resonate to bring KOAN ® Cordials to market. This is a unique product with high quality branding being offered by a top-notch experienced team. We believe the Cordials will be a big hit in the wellness lifestyle market.”
About Resonate Blends, Inc. (OTCQB:KOAN)
Based in Calabasas, California, Resonate Blends, Inc. is a cannabis holding company centered on valued-added holistic Wellness and Lifestyle brands. The company strategy is to ignite future growth by building a purpose-driven portfolio of research organizations, innovative and emerging brands and retail channels. The holding company’s focus is finding mutual value between product and consumer by optimizing quality, supply chain resources and financial performance. The Company offers a family of premium cannabis-based products of consistent quality based on unique formations calibrated to Resonate Blends effects system, the industry gold standard in user experience. Visit www.koan.life for more information on the KOAN ® consumer brands.
For Corporate information: www.resonateblends.com
About FinCanna Capital Corp.
FinCanna (CSE: CALI), (OTCQB: FNNZF) is a royalty company for the U.S. licensed cannabis industry. Its investee company QVI, Inc. doing business as “The Galley”, is a cannabis-infused product manufacturer located in Sonoma County, California. FinCanna provides growth capital to rapidly emerging private companies operating in the licensed U.S cannabis industry. The company earns its revenue from royalties paid by its investee companies that are calculated based on a percentage of their total revenues.
FinCanna’s scalable royalty model provides an attractive alternative or complement to debt or equity financing for its investee companies. FinCanna is focused on delivering high-impact returns to its shareholders by way of a strategically diversified investment portfolio.
For additional information visit www.fincannacapital.com and FinCanna’s profile at www.sedar.com
Safe Harbor Provision:
This document contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this document and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this document and other statements made from time to time by us or our representatives might not occur. Potential risks and uncertainties include, but are not limited to, the risks described in Resonate Blends’ filings with the Securities and Exchange Commission. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and any document referred to in this press release.
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David Thielen
Chief Investment Officer/Director
Resonate Blends, Inc.
david@resonateblends.com
571-888-0009