Theorem. \(\bigcirc \) is Oplax Monoidal [0006]

For every \(P, Q \in \mathbf {P}\), there are morphisms \[ \phi _{P,Q} : \bigcirc (P \mathbin {\circ } Q) \to (\bigcirc P) \mathbin {\circ } (\bigcirc Q) \quad \text {and}\quad \psi : \bigcirc H \to H, \] making \(\bigcirc : \mathbf {P} \to \mathbf {P}\) an oplax monoidal functor. In fact, \(\psi : \bigcirc H \to H\) is an isomorphism, and \(\phi _{P,Q}\) is an isomorphism when \(Q\) is modal.