Current Meditation(TM) Announces Strategic Investment Partnership Opportunity
PHOENIX, Dec. 12, 2017 /PRNewswire/ -- Current Meditation(TM) is announcing its search for a strategic investment partner to capitalize on the exploding meditation and mindfulness movement. Current is a modern approach to the ancient practice of meditation, and is planning to expand its membership-based concept by opening corporate-owned studios in key markets including Los Angeles, San Francisco, Seattle, Miami and New York, as well as providing content via digital channels.
Current's first studio in Phoenix enables people to incorporate mental fitness into their daily wellness routine through group classes that incorporate harmonic sound and aerial silk hammocks. They also offer customized private classes for corporate teams and groups, along with curated retail. Led by a team with an extensive background in operating national retail and franchise brands, Current Meditation has developed a proprietary method that attracts new customers and a virtually unlimited supply of professional labor. They have also developed a strong brand identity and state-of-the-art design that makes meditation more approachable than ever before.
"Current Meditation has a vision to inspire millions to cultivate a healthy state of mind. We have spent the last two years building a multi-sensory experience no app can offer, and a unique model that can truly scale. The overwhelming customer response is a testament to the strength of our brand and the hard work of our team," said Ross Weisman, CEO and Co-Founder. "This concept has significant upside potential."
Despite an ever-increasing number of studies highlighting its physical and mental benefits, meditation is a relatively unexplored multi-billion-dollar industry within health and wellness, with mass appeal across broad demographics. At the 2017 Global Wellness Summit, mental wellness was forecast to be the biggest future trend, and its 11.4% annual growth forecast vastly outpaces the 4.8% growth rate of the red-hot yoga industry. A small number of specialty studios have opened in recent years, but their models are difficult to scale. In that same time, apps have proliferated, but they lack the immersive experience and community of a studio.
Current expects to complete its search in 30-45 days. Interested parties are encouraged to visit www.becurrent.com for more information.
Contacts
Investor Relations
Jon Brovitz, Co-Founder
jon@becurrent.com
Media Relations
Matt Robinson, COO
matt@becurrent.com
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SOURCE Current Meditation
