Update:
Light is back to normal and I am now able to control both intensity and color spectrum, having it on for 8 hours a day for 2 days (so far) did the trick to dry out all the internal parts.
Kessil was kind to offer me, a one time, replacement for a lot less than their retail suggested price. I asked them if they could extend their courtesy and allow me to get an A360WE instead and after waiting for a day, received a confirmation email from them and now my new A360 is on its way.
Thanks Kessil support team/Tiffany from Washington, CA