Royalty Report: Tobacco, E-Cigarette, Cannabis – Collection: 27719

$100.00

Curated Royalty Rate Report
Category: Technology Licenses, Created On: 2022-04-28, Record Count: 3

Description

This collection of transactions and supporting information was developed using our AI algorithm to curate similar royalty reports into a cohesive collection to support your licensing, transfer pricing or other transaction scenarios where documented royalty rates and/or deal terms are important.
Category: Technology Licenses
Created On: 2022-04-28
Record Count: 3

Primary Industries

  • Tobacco
  • E-Cigarette
  • Cannabis
  • Medical
  • Delivery
  • Personal Care Products

IPSCIO Report Record List

Below you will find the records curated into this collection.  This summary includes the complete licensed property description so that you can review and determine if this collection covers the topics, technology or transaction type that is relevant for your needs.  The full report will include all relevant deal data such as the royalty base, agreement date, term description, royalty rates and other deal terms.  For reference, here is a sample of a full IPSCIO curated royalty rate report: Sample Report

IPSCIO Record ID: 27719

License Grant
The Licensor and the Licensee entered into a non-exclusive License Agreement. The Licensor will provide CBD oil cartridges to be used in an e-cigarette.
License Property
CBD is a new cannabidiol e-cigarette.

The Licensor will be responsible for the active ingredient and will source and qualify the CBD oil and will formulate the contents of the pre-filled cartridges and refill units.

Field of Use
The Licensee has a proprietary device that dispenses a measured and consistent amount of active ingredient per puff and that also features an optional childproofing device.

This new product will utilize Licensee's patent pending, proprietary device that dispenses a measured and consistent amount of active ingredient per puff and that also features an optional childproofing device.

IPSCIO Record ID: 7574

License Grant
The Assignee hereby grants to Licensee an exclusive license and an option to license under Patent Rights, in the Licensed Field of Use in the Licensed Territory, (a) to make, use, offer for Sale, import, and Sell Licensed Products and Licensed Services, and (b) to practice Licensed Methods for the Inventions identified herein.
The Licensor is a corporation owned and controlled by the Licensee's CEO and director.
License Property
The Assignee has assignments of title to the inventions entitled “MEDICANT DELIVERY SYSTEM,” “VAPORIZED LOBELIA PRODUCT AND METHODS OF USE,” “VAPORIZED TOBACCO PRODUCT AND METHODS OF USE,” and “VAPORIZED MEDICANTS AND METHODS OF USE”.

A License for the following patent Lobelia Patent 8,287,922 – providing a lobelia solution suitable for vaporization in a compact handheld device.
The Agreement also includes an option to License the following patent applications Device Patent Application 20130199528 – A control system for a hand-held vapor delivery device, and Vaporized Medicants and Methods of Use Patent Application 20130072577 – Medicant solutions.

The IP is related to vaporizing technologies and formulas devices  used for pharmaceutical applications.
Medicants are active ingredients that are covered by the application include energy boosters, analgesics, sleep aids, motion sickness remedies and erectile dysfunction remedies.
lobelia is a plant used as a herbal remedy. Commonly used by American Indians to treat a variety of ailments, this natural remedy has been used for hundreds of years.

Field of Use
The Licensee is required to launch a commercial product based upon the License by December 31, 2015 in the smoke-free tobacco market and  for the e-cigarette and vapor market.

IPSCIO Record ID: 365842

License Grant
The Parties hereby agree to form a Delaware Limited Liability Company to pursue the Business Opportunities and developing additional markets for the sale of the Products in various states in the United States of America. Licensor will provide the undisclosed New Company with devices specifically configured for hemp/CBD and the New Company will have the exclusive right to that configuration in the defined geographic area. Licensor will design and build the equipment necessary for the manufacturing of the Consumables and contribute that equipment to New Company. Licensor will license its intellectual property to the New Company as necessary.
License Property
Licenors Technology means the developed and patented “heat not burn” technology which allows hemp/CBD to be ingested via inhalation without the necessity of burning the organic product technology and patents include an activator device that provides the heat (“Device”) and consumable packets containing a susceptor as the heating element and the hemp/CBD to be heated (“Consumables”).
Field of Use
Field of use is for creating hemp/CBD to be ingested via inhalation.
Disclaimer: The information gathered from RoyaltySource® database was sourced from the U.S. Securities and Exchange Commission EDGAR Filings and other public records. While we believe the sources to be reliable, this does not guarantee the accuracy or completeness of the information provided. Further, the information is supplied as general guidance and is not intended to represent or be a substitute for a detailed analysis or professional judgment. This information is for private use only and may not be resold or reproduced without permission.