Resonate Blends, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 21, 2022 at 04:16 pm
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Resonate Blends, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 0.010429 million compared to USD 0.007574 million a year ago. Net income was USD 0.062102 million compared to USD 0.099274 million a year ago.
For the nine months, sales was USD 0.040917 million compared to USD 0.007574 million a year ago. Net income was USD 0.763872 million compared to net loss of USD 6.34 million a year ago. Basic earnings per share from continuing operations was USD 0.01 compared to basic loss per share from continuing operations of USD 0.2 a year ago.
Resonate Blends, Inc. is a cannabis holding company. The Company, through its subsidiary, Resonate Blends LLC, offers wellness and lifestyle brands, which are built on a system of experiential targets. The Companyâs products include Calm, Wonder, Love, Create, Play, Delight and Sleep. Its products are emulsified, water-soluble, single-dose formulas that can be used privately or shared socially. These products can be taken directly from the bottle or poured into beverages. Its Calm product consists of Cannabidiol (CBD) along with Tetrahydrocannabinol (THC). Its Wonder product consists of THC. Its Create product is formulated with a blend of terpenes and THC. Its Play product helps people to become fully immersed in the moment and the people around them. The Company also operates an intellectual property (IP) subsidiary, namely Entourage Labs LLC.
RESONATE BLENDS, INC. 
