Royalty Report: Cannabis, Drugs, Pharmaceuticals – Collection: 30002

License Grant

The Licensor and the Licensee wish to amend the License Agreement and terms to include terms, investments, assets, revenue sharing, and ownership interest of the parties for their mutual benefit under this Agreement;

The Licensor shall have the sole ownership, rights and interest in all assets, property and facilities, or products for all mutual business, new business ventures, and opportunities under the License Agreement.

The Licensee shall pay Licensing Fees & Royalties to the Licensor, after deducting and paying all operating costs, taxes, administration, professional and other fees, or other costs of business, received under the License Agreement for the marketing, manufacturing, production, sale or distribution of the Products.

License Property

Assets include but not limited to

Land, Grows and harvested crops, CA production, Extract machinery and business operations, Once Co2 Extract machine, Buildings, Tools and equipment, Inventories Cannabis or hemp, Extracts, Packaged Goods,

Plant and plant by-products 16 strains.

Field of Use

Future endeavors Non-profit medical marijuana collectives (dispensaries),

Collective to be developed (location to be later define) and run under the Cannabis Science Brand or as specified by Cannabis Science, Other for-profit business opportunities, Treatment Centers, Drug Development Programs, Media, Retail Seed Business, Laboratories and equipment.

License Grant

Licensor hereby grants to Licensee an exclusive, world-wide, License to use the HDI Technology solely in the Cannabis Application, for the purpose of processing Cannabis Materials using the SPR in the Cannabis Industry. (The aforesaid license grant is herein sometimes referred to as the “License”).

Licensor grants an exclusive license to all Licensors Intellectual Property and patented technology and creates a partnership to bring their patented controlled cavitation process to the cannabis industry.

License Property

Licensor has the Shockwave Powerâ„¢ Reactor (SPR) rights for mixing and Heating, Hydrogenating Substances, Continuous Hydrodynamics cavitation crystallization, and four other patents.

Licensor is the owner of certain Technology called ShockWave Power™. Licensor owns Intellectual Property (“IP”, defined below), manifested in Patents, Trade Secrets, and Know How, which are embodied in Licensor's proprietary ShockWave Power Reactor/Extractor (“SPR™), and which IP is useful in a variety of industries including but not limited to those industries that extract, mix, heat, hydrate, homogenize and crystallize materials.

“Cannabis Industry” means the industry where cannabis oils and other compounds containing cannabis (“Cannabis Materials”, defined below) are derived from the cannabis sativa, cannabis indica, and cannabis ruderalis plants, including marijuana and hemp, either singularly or by mixing with substances other than cannabis oils.

“Cannabis Application” means the use of the Licensor Technology to achieve a specific result when processing only “Cannabis Materials”.

“ShockWave Power Reactor/Xtractor (SPR™”) means HDI’s proprietary device that embodies the HDI Technology in performing multiple heating, mixing and extraction functions.

“ShockWave Power Reactor/Xtractor (SPR™”) means HDI’s proprietary device that embodies the HDI Technology in performing multiple heating, mixing and extraction functions.

“Standalone SPR” means an SPR mounted on a skid containing no other equipment other than that necessary to run the SPR.

Field of Use

Illustrative, but not all, areas of use of the Licensed Technology covered by this Agreement are
(i) UV light for decarboxylation of THC
(ii) Crystallization of CBD or THC
(iii) mixing of cannabis oil with other substances to create foods, beverages, or other products which are themselves not cannabis oils
(iv) Use of Electrochemistry or UltraViolate (UV) SPR’s or other advanced oxidation materials to produce radicals for the production of CBN
(v) Hydrogenation of cannabis oils
(vi) processing of hemp oils for biofuels.
(vii) Development of an SPR for supercritical CO2

License Grant

Operational IP License. Effective as of the date of execution of this Agreement, Licensors (as applicable), hereby grant to Licensee, and Licensee accepts, a non-exclusive, perpetual license to use the operational intellectual property set forth hereto in this Agreement.

Term License. Licensors hereby grant to Licensee a non-exclusive term license to utilize the Trademarks, Rights and the ShowGrow IP (the Licensed IP) for the duration of the Term, subject to the terms and conditions of this Agreement.

License Property

The Operational IP License shall be perpetual and covers the following intellectual property of Licensors that has been utilized in connection with the business being carried out at the LB Facility prior to the execution of this Agreement and the expiration or termination of the Term License

Intellectual property includes but not limited to customer data, sales data, outreach programs, databases, and general operational data.

Trademarks include the following
Showgrow (87058685) – Business advice and information in the agricultural field; Business efficiency advice in the agricultural field; Systemization of information into computer databases; Advice in the running of establishments as franchises in the agricultural field; Business consulting services in the agricultural field; Services rendered by a franchisor, namely, assistance in the running agricultural enterprises; all the foregoing in the agricultural field.

Showgrow (87975172) – Agricultural services, namely, soil sampling and crop observing for analysis purposes; Franchising services, namely, planning and design of information technology systems for business franchises; Computer services, namely, remote management of the information technology (IT) systems of others; Hosting an online community website featuring shared communications between community members interested in personal and small business computer information security; Planning, design and management of information technology systems; Professional consulting services and advice about agricultural chemistry.  Agricultural services, namely, planting, growing, fertilizing, pruning and picking flowering plants for others; Agriculture and horticulture services, namely, plant selection and propagation of plants, plant material, and produce in connection with commercial rooftop soil farms; Pest control services for agriculture, horticulture and forestry.

Showgrow (87976709) – Hats; shirts; shirts and short-sleeved shirts; sweatshirts; T-shirts; athletic shirts; graphic Tshirts; Henley shirts; hooded sweatshirts; hooded sweat shirts; knit shirts; long-sleeved shirts; open-necked shirts; polo shirts; short-sleeve shirts; short-sleeved shirts; short-sleeved or long-sleeved T-shirts; sleep shirts; sport shirts; sports shirts; sweat shirts; tee-shirts; wearable garments and clothing, namely, shirts; woven shirts. FIRST USE 20151214. FIRST USE IN COMMERCE 20151214.  Bottled drinking water. FIRST USE 20151214. FIRST USE IN COMMERCE 20151214.

Field of Use

Licensee has the license to utilize certain operational intellectual property consisting of customer data, sales data, customer outreach strategies standard operating procedures, and other proprietary operational intellectual property (the “Operational IP License”).

The Operational License and the Term License shall be solely for use in the cannabis and cannabis related industry operations, including for the operating retail dispensaries (including medical retail, adult use retail, and medical and adult-use retail), commercial cannabis and the branding of the Facilities using the “ShowGrow” name and related Licensed IP, provided that all operations of the Facilities comply with the instructions, standards and specifications approved by Licensor in its reasonable discretion, such approval not to be unreasonably withheld.

License Grant

The subsidiary will assume the manufacturing, sale and distribution of the pet supplement business and manage the production facility in Washington State from the Canadian Parent.  The net operating profit and loss sharing arrangement was terminated.

License Property

The business is in the technology of tissue culture science and to provide the highest quality 100% germ free, disease free and all genetically the same plantlets of high CBD hemp and other flora and offering full spectrum DNA testing for plant identification, live genetics preservation using  low temperature storage for various cannabis and horticulture plants; extraction of botanical oils mainly CBD oil, and to deliver laboratory based services to the North American high CBD hemp, Cannabis and agriculture sectors.

Field of Use

This agreement pertains to the drug industry.

License Grant

Various Licensees operate a state-of-the-art cannabis cultivation, processing and manufacturing facility from the Licensor.

License Property

The facility is used for development, traditional horticulture, lean manufacturing, medical research, facility construction, regulatory compliance, security, marijuana cultivation and genetics, extraction processes, and infused product development.

Field of Use

Field of use is for medical cannabis and the newly emerging adult-use cannabis marketplace.

License Grant

The Canadian Licensee is appointed the exclusive distributor in Canada of the Netherland Licensors proprietary cannabis seed strains and cannabis cuttings, dried flowers and extracts. The Licensor and the Licensee will develop certain “Collaborative Products” defined as cannabis seed strains created collaboratively using the Licensors intellectual property.  The Co-Licensor has granted the Licensee an exclusive license in Canada to the Licensors intellectual property including the right to use the service mark of Serious Seeds and all of the names of the Licensors proprietary cannabis seed strains including Indica, Sativa, Hybrid and Autoflowering.

License Property

Proprietary cannabis seed strains and the cannabis cuttings, dried flowers and extracts and a cannabis seed growing operation.

Licensors  have bred an expertly curated a catalogue of classic, high quality, reliable cannabis genetics.

Field of Use

This agreement pertains to the cannabis industry.

License Grant

Sublicensor hereby grants to Sublicensee, and Sublicensee hereby accepts, a transferable, non-exclusive right and license under the Licensed Science to make or have made the Licensed Products and to use the Licenses Science Patents, Know-How, and Licensed Products in connection with the Field, including the distribution, sale, and marketing thereof, in the Territory.

The Licensed Science Sublicense granted is for the purpose of engaging in the business of treating, producing, manufacturing, marketing and selling Licensed Products.

License Property

Licensed Products means any CBD products related to the Field, whether owned by Licensor or Sublicensor or licensed by Licensor or Sublicensor now or hereafter, that are covered by any Valid Claim(s) contained in any of the Patents, and/or based on the products, processes or methods developed using the Licensed Science.

The Licensed Science as its relates to the production, methods, and products of CBD and its derivatives.

Field of Use

Field means the
(a) production and manufacturing of CBD, CBD byproducts and CBD derivatives, from non-psychoactive, low-THC cannabis sativa plant strains and cannabinoids (collectively, Cannabis), for Sale and use at retail or wholesale where permitted, including, without limitation, CBD food additives, CBD edibles, and CBD hemp variations of the foregoing;
(b) CBD-related research, teaching and education for both medical and other purposes; and
(c) all medical uses and applications of CDB.

The Field is exclusive to production, methods, and products of CBD and its derivatives, and excludes and prohibits any THC related products having measurable tetrahydrocannabinol concentration potency above 3.0% on a dry weight basis, production methods, techniques, or Know How.

License Grant

Licensee, a shareholder,  has a non-exclusive right to sell Prana Hemp in certain situations where the sale is to be completed through the use of a credit card associated with a merchant account owned and/or controlled by Licensee.

License Property

The intellectual property we licensed includes know-how relating to the design and buildout of cultivation facilities, growing/cultivation systems, seed-to-sale protocols and procedures, products, access to a genetic catalogue including over 150 different strains, an advanced (non-psychoactive) cannabinoid sequencing therapy program utilizing patent-pending Prana Bio Nutrient Medicinals called the A.C.T. Now Program (“ACT Now” or “ACT Now Program”), security, regulatory compliance, and other methods and processes which relate to the cannabis industry.

Licensor is a biotech company focused on developing targeted therapeutics for the prevention of the negative side effects of chemotherapy, management of rheumatoid arthritis and treatment of brain cancer. The focus is on extracting products from industrial hemp plants, which the Licensor wholesale to manufacturers, and which are used to create unique therapeutics for a wide range of diseases that can be utilized by patients globally. Licensor own distinct intellectual property relating to the legalized growth, production, manufacture, marketing, management, utilization and distribution of medical and recreational marijuana and marijuana infused products.

Field of Use

This agreement pertains to the drug industry.  The intellectual property is licensed to businesses in the cannabis industry.