secwatch.observer — SEC 8-K summary
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Issuer:     PANACEA LIFE SCIENCES HOLDINGS, INC. (PLSH)
CIK:        0001552189
Form:       8-K
Filed at:   2024-05-16T23:59:59+00:00
Accession:  0001493152-24-020133
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1552189/000149315224020133/0001493152-24-020133-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1552189/000149315224020133/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-020133

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer