Textmunication completed the acquisition of Resonate Blends.

Textmunication Holdings, a cannabis holding company completed the acquisition of Resonate Blends, a cannabis wellness lifestyle product company. Financial terms were not disclosed. In addition to closing on Resonate, Textmunication is accelerating its fundraising efforts through a Private Placement Memorandum to eliminate debt incurred during the transition, fund potential new acquisitions and provide working capital to expand on its strategic initiatives. The Company has targeted several cannabis acquisitions to assist in vertical integration, supply chain efficiencies and delivery of cutting-edge products developed around the “Resonate System.” “We are extremely excited to join Textmunication as we plan the launch of our family of wellness lifestyle products. With the combined capabilities of the Resonate and Textmunication, we are focused on creating value through organic growth, partnerships, and acquisitions.” Geoffrey Selzer, Resonate Blends CEO.