---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-020133"
form_type: "8-K"
ticker: "PLSH"
cik: "0001552189"
company_name: "PANACEA LIFE SCIENCES HOLDINGS, INC."
filed_at: "2024-05-16T23:59:59+00:00"
generated_at: "2026-06-01T21:01:13.730604+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Panacea Life Sciences signs licensing deal with Sky Wellness for CBD product sales and development

## Summary
- Revenue split: 40% net revenue to Panacea, 60% to Sky Wellness for existing CBD inventory.
- Panacea to develop new products under Sky Wellness brands D Oh Gee (dog chews) and BoneUp (male enhancement).
- Sky Wellness products to be sold in Panacea's six Pana Kava Java retail stores in Tampa, FL metro.
- Sky Wellness retains full IP ownership; non-exclusive license granted to Panacea for manufacturing/marketing.

## SEC filing metadata
- accession: 0001493152-24-020133
- form_type: 8-K
- ticker: PLSH
- cik: 0001552189
- company_name: PANACEA LIFE SCIENCES HOLDINGS, INC.
- filed_at: 2024-05-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1552189/000149315224020133/0001493152-24-020133-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1552189/000149315224020133/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-020133
- JSON: https://secwatch.observer/filing/0001493152-24-020133.json
- Plain text: https://secwatch.observer/filing/0001493152-24-020133.txt

## Key facts
- Material Agreements
  PANACEA LIFE SCIENCES HOLDINGS, INC. entered into Agreement with Sky Wellness, LLC (effective 2024-05-13).
  - Action: entry
  - Agreement: license
  - Counterparty: Sky Wellness, LLC
  - Effective: 2024-05-13
  source text: On May 13, 2024, Panacea Life Sciences, Inc., a subsidiary of Panacea Life Sciences Holdings, Inc. (the “Company,” “Panacea Life Sciences,” “we,” or “our”) entered into a definitive Licensing, Marketing, Supply and Development Agreement (the “Agreement”) with Sky Wellness, LLC, an Arizona limited liability company (“Sky Wellness”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1552189/000149315224020133/0001493152-24-020133-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.