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Stock impact report

Edison Nation Forms Strategic Alliance with Venture Partner IdeaPros

EDISON NATION (EDNT) 
Company Research Source: Business Wire
BETHLEHEM, Pa.--(BUSINESS WIRE)--Edison Nation, Inc., a multifaceted ecosystem that fosters innovation and drives IP, media and consumer products, is pleased to announce the commencement of a strategic alliance with venture partner IdeaPros. Through this alliance, the two innovator platforms will collaborate to develop select product lines.Edison Nation will handle development, sourcing, production, distribution, and sales for certain brands created by IdeaPros entrepreneurs. Initial collaborations will include offerings from Lotus, a beauty sponge cleaning tool, and Raw Beauty Co., an organic skincare line.With the help of Edison Nation, Lotus, created by FiFi Larney, will launch two different sizes of the cleaning tool that will be sold individually as well as in kits with make-up blenders and cleaning solution.Raw Beauty Co., created by Aziza Nicholson, develops high-quality natural, organic, cruelty-free products. Edison Nation will first launch a complete, five-product facial Show less Read more
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