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Benzinga
Benzinga
Business
Nina Zdinjak

Resonate Blends Closes $500,000 Bridge Funding Round

Cannabis-focused wellness company Resonate Blends, Inc. (OTCQB:KOAN) has closed on a $500,000 bridge funding round with two accredited investors who have funded multiple rounds with the company and another $250,000 committed, on the same terms.

The new funding is expected to allow Resonate to continue to innovate on its Cordial line by delivering two new formulations to the market, “Love”, expected to be launched on Valentine’s Day, and its “Sleep” product slated for the March timeframe.

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