Local firm adds board of advisors member

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Thrive Well LLC, a division of Seymour-based Kocolene Development Corp., continues to grow its newly formed board of advisors by welcoming its newest addition, Megan Cox, to the team.

The primary focus of the board will be to secure opportunities or strategic partnerships in the hemp and CBD industry. In exchange for their roles on the board, members are given an equity stake in Thrive Well.

Cox is a Massachusetts Institute of Technology graduate, beauty entrepreneur and cosmetic lab owner.

In 2013, she started her beauty brand, Amalie, out of her MIT dorm and spent the next three years in China, running her e-commerce brand remotely and working with factories on the line.

In 2018, she sold her brand and returned to Indiana to open her own factory, Genie Supply, which manufactures personal care and cosmetic products specifically for startups with a focus on clean and cannabis beauty.

Cox uses her expertise to help entrepreneurs start and scale their beauty businesses with the largest cannabis beauty launches to date gracing shelves of national retailers, including Nordstrom, TJ Maxx and Urban Outfitters.

Cox studied entrepreneurship under professor Bill Aullet at MIT and graduated from MIT’s startup accelerator, Delta V, and HAX hardware accelerator (Shenzhen, China).

She serves as a startup mentor for MIT’s two accelerators, Delta V (Boston) and MEMSI (Hong Kong).

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