Royalty Report: Cannabis, Tobacco, Drugs – Collection: 362604

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Curated Royalty Rate Report
Category: Technology Licenses, Created On: 2022-04-28, Record Count: 20

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: 20

Primary Industries

  • Cannabis
  • Tobacco
  • Drugs
  • Technical Know How
  • Therapeutic
  • Cancer
  • Disease
  • Pain
  • Agriculture
  • Forestry and Fishing
  • Agriculture Forestry & Fishing
  • Biotechnology
  • Crop Production
  • Business Method

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: 362604

License Grant
The Netherlands Licensor and Licensee collaborate research in respect of the Project Technology Results, Licensor Identified Targets and/or Non-Licensor Identified Targets.

Licensor hereby assigns, transfers and conveys to XXII all right, title and interest in and to the Results. Licensor shall execute and deliver to XXII such documents, instrument and other writings reasonably requested by XXII to vest all right, title and interest in the Results in XXII.

License Property
Licensor Identified Targets means Results that constitute or are based on genes, alleles and other regulatory elements that are identified by Licensor in the course of a Project (i.e. KeySeeQ output), other than publicly known regulatory elements.

Non-Licensor Identified Targets means Results that constitute or are based on genes, alleles and other regulators that are publicly known regulatory elements.

Project Technology Results means (i) any and all protocols, methods, procedures, know-how, software, inventions, technologies and/or combinations thereof, whether in electronic form or not and whether or not laid down in protocols that (A) is developed, created and/or generated by Licensor from the execution of a Project, (B) is applicable to the Field, and (C) is expressly a deliverable of a Project as further detailed in a PAS and/or is otherwise expressly agreed by the Parties prior to the commencement of a respective Project as being a Project Technology Result, unless otherwise agreed to in writing by the Parties after the commencement of a Project and (ii) any other protocols, methods, procedures or technologies that may be separately approved by the Steering Committee as Project Technology Results.

Licensor is a global leader in plant research involving high-value genetic traits and increased crop yields.

The focus of the collaboration will include
(i) Creating a cutting-edge genetic database which utilizes the results of genomic analyses of several hundred existing, exceptional hemp/cannabis plant lines for use in the acceleration of the Company’s development and licensing of uniquely characterized and improved hemp/cannabis plants;

(ii) Enhancing genetic variation to empower Licensee’s development of new and significantly improved varieties of hemp/cannabis plant lines and varieties with highly desirable cannabinoid profiles optimized for medicinal or therapeutic applications;

(iii) Creating a proprietary and industry-leading high-resolution “molecular genetic map” of the entire cannabis plant genome to facilitate rapid, cost-effective breeding of innovative varieties of hemp/cannabis plants with distinctive agronomic traits;

(iv) Analyzing the genomic sequences of multiple species of the hemp/cannabis plant and identifying shared genetic markers, allowing Licensee to develop improved commercial hemp/cannabis plant lines more rapidly than through conventional plant breeding approaches; and

(v) Initiating the rapid-cycle generation of hemp/cannabis plant lines with distinctive cannabinoid and terpene profiles to create elite lines.

Field of Use
Field means any and all use of, research regarding, and/or commercialization of hemp and/or cannabis (all versions and types of the genus Cannabis Sativa L plant), and/or any parts thereof, for any and all purposes, including but not limited to human, medical, agricultural, veterinary, therapeutic and other such purposes.

Licensor provides Licensee access to a unique suite of crop innovation platforms, including genomics, molecular genetics, trait discovery and breeding technologies.

IPSCIO Record ID: 366321

License Grant
The Licensor and Netherlands Licensee collaborate research in respect of the Project Technology Results, Licensee Identified Targets and/or Non-Licensee Identified Targets.
License Property
Licensee Identified Targets means Results that constitute or are based on genes, alleles and other regulatory elements that are identified by Licensee in the course of a Project (i.e. KeySeeQ output), other than publicly known regulatory elements.

Non-Licensee Identified Targets means Results that constitute or are based on genes, alleles and other regulators that are publicly known regulatory elements.

Project Technology Results means (i) any and all protocols, methods, procedures, know-how, software, inventions, technologies and/or combinations thereof, whether in electronic form or not and whether or not laid down in protocols that (A) is developed, created and/or generated by Licensee from the execution of a Project, (B) is applicable to the Field, and (C) is expressly a deliverable of a Project as further detailed in a PAS and/or is otherwise expressly agreed by the Parties prior to the commencement of a respective Project as being a Project Technology Result, unless otherwise agreed to in writing by the Parties after the commencement of a Project and (ii) any other protocols, methods, procedures or technologies that may be separately approved by the Steering Committee as Project Technology Results.

Field of Use
Field means any and all use of, research regarding, and/or commercialization of hemp and/or cannabis (all versions and types of the genus Cannabis Sativa L plant), and/or any parts thereof, for any and all purposes, including but not limited to human, medical, agricultural, veterinary, therapeutic and other such purposes.

IPSCIO Record ID: 365304

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.

IPSCIO Record ID: 300758

License Grant
The Canadian Licensor grants an exclusive, worldwide license, including the exclusive right to sub-license, to Commercially Exploit Intellectual Property covered by all or any part of the Patent Rights in the Field.
License Property
Licensor has certain information and intellectual property related to alkaloid biosynthesis in Nicotiana plants or products made from the tobacco plant.

The patents include
Nucleic Acid Sequences and Their Use in Modifying Alkaloid Production in Plants,
Methods of Modifying Alkaloid Production in Plants,
Nucleic Acid Encoding N-methylputrescine Oxidase and Uses Thereof, and,
Nucleic Acid Sequences Encoding Transcription Factors Regulating Alkaloid Biosynthesis and Their Use in Modifying Plant Metabolism.

Field of Use
Licensor believe the proprietary technology provides it with opportunities in the global market for approved smoking cessation aids and the emerging market for modified risk tobacco products

Licensor  is a plant biotechnology company and a global leader in modifying the content of nicotinic alkaloids in tobacco plants through genetic engineering and plant breeding.

The Field means all uses of Nicotiana plants and products produced therefrom.

IPSCIO Record ID: 352096

License Grant
Inventor has assigned the entire right, title, and interest in the Assigned Patent Applications, inventions and improvements therein, and Letters Patent (referred to herein collectively as the Innovation) to Assignee and to the extent Assignee grants a license of the Innovation, or any part thereof, to any third party, and receives Revenue therefrom, then Assignee agrees to pay to Assignor a percentage of Revenue received in the aggregate by Assignee from all such licensees granting rights to the Innovation, distributed by Assignee.
License Property
Assigned Patent Applications shall mean the Patent Applications listed.
Provisional Application No. 62/632,448
United States Application No. 16/612,472
Field of Use
Field of use is for the treatment of various diseases in the Medical industry.

IPSCIO Record ID: 264659

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.

IPSCIO Record ID: 315902

License Grant
Licensor hereby grants to Licensee, solely within the Territory and an exclusive, non-transferable, non-sublicensable license to use the Licensed IP to produce and offer the Licensed Products solely in connection with Licensee’s Cultivation Business and Licensee’s Manufacturing Business, and subject to the terms and conditions of this Agreement, Licensor hereby grants to Licensee an exclusive, non-transferable, non-sublicensable license to use the Licensed IP to sell the Licensed Products to and in various retail outlets in the Distribution Territory during the Term of this Agreement.
License Property
Licensed IP means collectively, the Genetics, Marks, Copyrights, and Know-How.

Genetics means the following
1.     Snowman
2.     Chill Cake #273
3.     Chill Cake #23
4.     Chill Cake #88
5.     Cereal Milk (#18)
6.     Gary Payton (#20)
7.     Hightech #2
8.     Melonatta
9.     Oakland Purp

Trademarks means Cookies, 'C' Logo with Bite, Stylized 'C' Logo

Licensor is the owner or exclusive licensee of the trademarks and related design marks and trade dress relating to the cultivation and manufacturing methods, processes, and procedures for the cultivation of cannabis and the manufacture of cannabis products that is offered, advertised, or sold under the Marks. Licensor is also the owner or exclusive licensee of the cannabis plant genetics containing the Know-How, whether in seed or clone form, which are referred to herein as Genetics.

Field of Use
Product Specifications shall mean dried cannabis flower that (i) is trimmed to reduce crow’s feet, visible stem protruding from the flower bud and minimal leaf beyond exterior of calyx; (ii) be dried to a moisture content of no less than eight percent (8%) and no greater than twelve percent (12%); Licensed Products that are of merchantable quality under Applicable Law; and (iv) be fit and safe for use under Applicable Law.

The rights granted apply to the use of the Licensed IP in connection with the planting, growing, harvesting, drying, curing, grading, trimming, marketing and selling of certain dried cannabis flowers incorporating or bearing the Licensed IP and derived from the Genetics as indicated in this agreement and in connection with manufacturing the products listed.  Licensed Products includes
Flower, Pre-rolls, G-Pen, 510 vape cards.

Licensee provides support to commercial cannabis businesses.

IPSCIO Record ID: 366899

License Grant
Licensor hereby grants to Licensee, a subsidiary, a non-exclusive license to use the Licensed IP to market, sell, and distribute Licensed Products solely in the Territory. The License includes, without limitation, Licensor’s granting to Licensee (a) a non-exclusive right and license to use any strain or trade names used in connection with Licensed Products, and (b) a non- exclusive right and license to use any Licensor Trademarks in connection with the sale of the Licensed Products in the State of California. No rights are conveyed or licensed to Licensee for any activities or conduct occurring directly or indirectly outside the Territory.
License Property
Licensed Products means the goods which may be sold with the aid of Licensed IP including (i) those commercial cannabis products typically sold by Licensor and its affiliates as of the Effective Date, or (ii) commercial cannabis products to be branded with Licensor Marks, including on the Packaging Materials.

Licensed Intellectual Property (IP means (a) any rights that Licensor and Licensor affiliates (including without limitation Nug Avenue, https//nugavenue.com/, SugarRush, or the Lemon Glow Company) may have to the ownership, licensing, sub-licensing, or marketing rights to the brands and trademarks, which may include third party products and brands sold by Licensor and its affiliates as of the Effective Date, and any variations thereof and permitted Improvements thereto; (b) all trademark applications and registrations owned or controlled by Licensor or its affiliates and listed in this Agreement (as may be amended from time to time by mutual agreement of the Parties) (Licensor Trademarks) and all Intellectual Property derived from such Licensor Trademarks, together with any and all Improvements thereto, and any Licensor Trademarks applied for or registered therefrom, and (c) with respect to all other Intellectual Property of Licensor or its directly controlled affiliates, all Know-How, Marks, Trade- Secrets and Works that are provided by Licensor to Licensee, pursuant to the terms of this Agreement, reasonably required to enable the marketing, distribution, use and/or sale of Licensed Products, together with any and all Improvements thereto, including without limitation, Trade Secret customer lists and customer information, or other proprietary and confidential product pricing, marketing and customer experience/management methods.

Intellectual Property (or IP) includes the following

(a)
Work product, including without limitation, test results, databases and notebook entries developed or made as a result of the performance of the Agreement (Data);
  
(b)
Any art or process, method, machine, manufacture, design, formulation, or composition of matter, or any new and useful improvement thereof, or any variety and/or strain of plant, which is or may be patentable under the patent laws of the United States (Inventions);
  
(c)
Standard operating procedures, procurement strategies, product pricing, formulation, recipes, technical information, blueprints, production technology, packaging methodologies, information, distribution and sales networks and skills, including without limitation product cost, markup and profit margins (Know-How);
  
(d)
Brands, trademarks, logos, slogans, trade dress and service marks, whether registered or unregistered (Marks);

(e)
Any information whatsoever that derives independent economic value, actual or potential, from not being generally known to, and not being readily ascertainable by proper means by other persons who can obtain economic value from its disclosure or use, and is the subject of efforts that are reasonable under the circumstances to maintain its secrecy and/or which qualifies as a trade secret within the meaning of (i) California Uniform Trade Secrets Act, as amended, or any successor thereto; and (ii) United States Defend Trade Secrets Act of 2016 (“DTSA” at 18 U.S.C. §1832 et seq.), or any successor thereto (Trade Secret);

(f)
Original works of authorship fixed in a tangible medium of expression under the copyright laws of the United States (Works).

Field of Use
Field of use is for commercial cannabis operations, including retail delivery sales.

The objective is for Licensee to utilize the Licensed IP to obtain and maintain all required cannabis licenses and permits and operate the Licensee’s commercial cannabis business through consultation with Licensor or its designated affiliates for exploitation in Licensee’s branded channels. The Licensed Products will be sold at retail to customers pursuant to Applicable Laws for the purpose of increasing the presence of the Licensed Products and Licensee’s goodwill in the Territory. Licensor will retain the right to reasonably determine what types of Licensed Products shall be subject to this Agreement. Licensor shall be permitted to set minimum or maximum suggested retail prices for Licensed Products bearing the Licensed IP at its reasonable discretion and in accordance with past commercial experience and practice.

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.

IPSCIO Record ID: 377948

License Grant
As part of this partnership, Canadian Party A will be provided with exclusive access to Australian Party B’s GMP manufacturing capabilities at the Southport Facility located in Queensland, Australia.  The partnership also marks the first GMP manufactured products to be sold through Party A in Australia, and provides Party A with the capability to deliver GMP-grade products to Latin America, Europe, UK and Asia-Pacific.
License Property
Good Manufacturing Practices (GMP) manufacturing products consists of cannabis products and cannabis cultivation solutions.
Field of Use
Field of use is for manufacturing and distributing cannabis.

IPSCIO Record ID: 315903

License Grant
Licensor hereby grants to Licensee, solely within the Territory, an exclusive, non-transferable, non-sublicensable license to use the Licensed IP to produce and offer the Licensed Products solely in connection with Licensee’s Cultivation Business and Licensee’s Manufacturing Business, and subject to the terms and conditions of this Agreement, Licensor hereby grants to Licensee an exclusive, non-transferable, non-sublicensable license to use the Licensed IP to sell the Licensed Products to and in various retail outlets in the Distribution Territory during the Term of this Agreement (collectively, the License).
License Property
Licensed IP means collectively, the Genetics, Marks, Copyrights, and Know-How.

Branded Packaging means the packaging products and related materials branded with the Licensed IP.

Tradmark serial #87/862982, #87/863015, and #87/862971

Genetics Strain Name
1. Chill Cake 55
2. Medellin 111
3. Medellin 87
4. LemonCooler 1
5. Chill Cake 71
6. Lemonchello 10
7. L Sherb x LSD 26
8. Lemonchello 28
9. TangEray
10. Cake Mix
11. Chill Cake 408
12. Lemon OZ #13
13. LimexSLP
14. Lemon Sherb 5
15. Cake Pounder 1
16. Lemon Delight 2 x pura vida 75
17. Lemon Cooler 1 x sls 21
18. LC x LSD

Licensor is a business owner, throughout the world, of the trademarks and related design marks and trade dress relating to the cultivation and manufacturing methods, processes, and procedures for the cultivation of cannabis and the manufacture of cannabis products that is offered, advertised, or sold under the Marks. Licensor is also the owner or exclusive licensee of the cannabis plant genetics containing the Know-How, whether in seed or clone form, which are referred to herein as Genetics.

Field of Use
Product Specifications shall mean dried cannabis flower that (i) is trimmed to reduce crow’s feet, visible stem protruding from the flower bud and minimal leaf beyond exterior of calyx; (ii) be dried to a moisture content of no less than eight percent (8%) and no greater than twelve percent (12%); Licensed Products that are of merchantable quality under Applicable Law; and (iv) be fit and safe for use under Applicable Law.

The right granted apply to the use of the Licensed IP (Branded Packaging) is in connection with the Licensed Products and the right to use the Licensed IP in connection with the planting, growing, harvesting, drying, curing, grading, trimming, marketing and selling of certain dried cannabis flowers incorporating or bearing the Licensed IP and derived from the Genetics.  Licensed Products include Flower, Pre-rolls, G-Pen, 510 vape cards.

Licensee is one of Michigans leading craft cannabis and brand platforms and an industry innovator, curating high-quality cannabis experiences for patients in the state of Michigan and bringing internationally renowned brands to market. They have operations in multiple states and countries, including cultivation, processing and retail businesses in both medical and adult-use markets.

IPSCIO Record ID: 5013

License Grant
Licensor agrees that it shall perform all research and development work on any and all parts of the hemp plant, including but not limited to the general and specific stipulations above, solely for Licensee and / or its affiliates assignees and / or successors; and, Licensee shall perform all marketing, sales and distribution services solely for, or on behalf of, the mutual benefit of both parties.
License Property
Licensee desires to identify, characterize and document – patent, etc., – all of the beneficial properties of Hemp Seed or Grain Products, i.e. oil, nut and cake/meal/powder – and publish this information, at its direction, to facilitate its marketing strategy for trademark and/or other Hemp Seed or Grain Products; and, whereas, Licensor has the scientific capability and other required resources to perform these services for Licensee.

All rights in inventions, discoveries, biological material, software and any and all information and relative intellectual property created from the research and development during the term of and within the scope of this Agreement (the Hemp Research) shall be the property of Licensee and /or/ its assignees, affiliates or successors (collectively, Affiliates). All such information is confidential for and between the parties, except as otherwise directed by Licensee.

Field of Use
The Company’s collaborative biotechnology research for the development of nutraceutical and pharmaceutical hemp compounds for agricultural molecular biology research for the enhancement of important hemp genetic traits.

IPSCIO Record ID: 371657

License Grant
Licensee will work in conjunction with Licensor to develop Licensor product lines on an exclusive basis in Oklahoma and South Dakota. Under the terms of the signed agreement, Licensor will provide Licensee with product formulations, manufacturing specifications, promotion, advertising methods and package design. Licensee have agreed to fully cooperate with Licensor to allow access for Licensor personnel to its facilities and personnel from time to time for training purposes and shall reasonably assist Licensor in its facilities in Oklahoma and South Dakota for the purposes of training Licensor’s personnel. Development of new Licensor products will be the responsibility of Licensor and both parties will work together to maintain best manufacturing processes.
License Property
Product pre-rolled branded cannabis products packed with organic cannabis flower, kief and THC distillate.
Field of Use
This agreement pertains to the cannabis industry.

IPSCIO Record ID: 315906

License Grant
Licensor hereby grants to Licensee and each Licensed Operator, solely within the Territory, an exclusive, non-transferable, non-sublicensable license to use the Licensed IP to produce and offer the Licensed Products and Services solely in connection with Licensed Operator’s Cultivation Business and Licensed Operator’s Manufacturing Business, and subject to the terms and conditions of this Agreement, Licensor hereby grants to Licensee an exclusive, non-transferable, non-sublicensable license to use the Licensed IP to sell the Licensed Products and Services to and in various retail outlets in the Distribution Territory during the Term of this Agreement.
License Property
Licensed IP is collectively, the Genetics, Marks, Copyrights, and Know-How.

Licensor is the owner of the trademarks and related design marks and trade dress as well as the common law owner or permitted licensee of any other common law trademarks, service marks, trade names, and related designs, and all applications and common law rights related to said trademarks (collectively, the “Marks”), and various copyright protected documents, designs, and marketing materials related to the Marks (“Copyrights”), as well as the secret and proprietary know-how (“Know-How”) relating to the cultivation and manufacturing methods, processes, and procedures for the cultivation of cannabis and the manufacture of cannabis products that is offered, advertised, or sold under the Marks.

Genetics (Strain Name) White Fire # 3, White Fire # 5, Strawberry Bubba Kush, Fire Og, White Romulan, WifiMints, Wifi43

Genetics
Strain Name
White Fire # 3
White Fire # 5
Strawberry Bubba Kush
Fire Og
White Romulan
WifiMints
Wifi43

Licensor is a breeder and the owner or exclusive licensee of the cannabis plant genetics containing the Know-How, whether in seed or clone form, which are referred to herein as Genetics relating to the cultivation and manufacturing methods, processes, and procedures for the cultivation of cannabis and the manufacture of cannabis products that is offered, advertised, or sold.

Business means the Licensed Operators cultivation and manufacturing cannabis businesses that plants, grows, harvests, dries, cures, grades, and trims cannabis flower including but not limited to the cultivation and manufacturing high quality cannabis to be sold as dried flower and services related thereto in compliance with Applicable Law.

Retail Stores shall mean one or more stores in the Territory to sell the Licensed Products.

Field of Use
The rights are granted are for the Licensed Operator to use in connection with the planting, growing, harvesting, drying, curing, grading, trimming, marketing and selling of certain dried cannabis flowers incorporating or bearing the Licensed IP and derived from the Genetics as indicated and in connection with manufacturing the products listed and distribute the Licensed Products on an exclusive basis to various retail operators throughout the Distribution Territory in compliance with Applicable Law.  Product Flower

Licensee is one of Michigans leading craft cannabis and brand platforms. They have operations in multiple states and countries, including cultivation, processing and retail businesses in both medical and adult-use markets.

IPSCIO Record ID: 249613

License Grant
The Canadian Licensor and Licensee have agreed to collaborate to develop and manufacture a line of at least 3 co-branded topical cosmetic products formulated with a cannabinoid or cannabinoids.
License Property
Cannabis is a plant used in products for medical proposes.
Field of Use
This agreement pertains to the drug industry relating to cannabis.

IPSCIO Record ID: 316061

License Grant
Licensor hereby grants to Canadian Licensee, solely within the Territory, an exclusive, non-transferable, non-sublicensable license to use the Licensed IP to produce and offer the Licensed Products solely in connection with Licensee’s Cultivation Business and Licensee’s Manufacturing Business, and subject to the terms and conditions of this Agreement, Licensor hereby grants to Licensee an exclusive, non-transferable, non-sublicensable license to use the Licensed IP to sell the Licensed Products to and in various retail outlets in the Territory during the Term of this Agreement.
License Property
Licensed IP means collectively, the Genetics, Marks, Copyrights, and Know-How.  Licensor is the owner of the trademarks and related design marks and trade dress as well as the common law owner or permitted licensee of any other common law trademarks, service marks, trade names, and related designs, and all applications and common law rights related to said trademarks (collectively, the “Marks”), and various copyright protected documents, designs, and marketing materials related to the Marks (“Copyrights”), as well as the secret and proprietary know-how (“Know-How”) relating to the cultivation and manufacturing methods, processes, and procedures for the cultivation of cannabis and the manufacture of cannabis products that is offered, advertised, or sold under the Marks.

Marks (trademarks) include Stylized 'C' logo and 'C' logo with bite.

Genetics include the following
1.    Snowman
2.    Chill Cake #273
3.    Chill Cake #23
4.    Chill Cake #88
5.    Cereal Milk (#18)
6.    Gary Payton (#20)
7.    Hightech #2
8.    Melonatta
9.    Oakland Purp

Licensor is the owner or exclusive licensee, throughout the world, of the trademarks and related design marks and trade dress relating to the cultivation and manufacturing methods, processes, and procedures for the cultivation of cannabis and the manufacture of cannabis products that is offered, advertised, or sold under the Marks. Licensor is also the owner or exclusive licensee of the cannabis plant genetics containing the Know-How, whether in seed or clone form, which are referred to herein as Genetics.

Field of Use
The rights granted is to use the Licensed IP in connection with the planting, growing, harvesting, drying, curing, grading, trimming, marketing and selling of certain dried cannabis flowers incorporating or bearing the Licensed IP and derived from the Genetics and in connection with manufacturing the products listed.

Licensed Products include  Flower, Pre-rolls, G-Pen and 510 vape cards.

Licensee operates or intends to operate a number of retail store(s) (“Licensee’s Retail Stores”.

IPSCIO Record ID: 266631

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

IPSCIO Record ID: 235008

License Grant
Licensor hereby grants Licensee, including Licensees Affiliates,

(a) during the Term, a royalty-bearing, Territory-wide license in the Licensed Field under the Patent Rights to the Licensed Technology, as well as under the Licensed Patents, the Licensed Know-how, and the Licensed Technology, regardless of whether such Licensed Patents are actually granted, to use the Licensed Know-how and Licensed Technology and to develop and have developed, make and have made, use and have used, sell and have sold, offer for sale and have offered for sale, import and have imported, export and have exported, any and all inventions claimed in the Licensed Patents related to the Licensed Products and/or any compounds, chemicals, substrates, devices, tools, dies, molds or any other materials whatsoever that are useful in the development and/or manufacturing and/or sale of the Licensed Products, and particularly including, without limitation, such license to develop and have developed, make and have made, use and have used, sell and have sold, offer for sale and have offered for sale, import and have imported, export and have exported Licensed Products, which license shall be exclusive even as to Licensor, and

(b) the right to grant bona fide sublicenses to third parties, to develop and have developed, to make and have made, use and have used, sell and have sold, import and have imported, export and have exported, Licensed Products, and to exercise all other rights under the License; provided, however, Licensee shall not have the right to grant any sublicense or to transfer any of its rights under the License unless each such sublicense or other transfer granted by Licensee contains terms and conditions under which the Sublicensee or transferee will be bound in the same manner as Licensee is under this Agreement. A copy of the proposed agreement shall be provided to Licensor prior to the execution of the Agreement.

License Property
Lcensed Products shall mean any and all products comprising tablets with Cannabinoids) utilizing the Licensed Technology for the delivery of a recreational, Medicinal or Pharmaceutical Cannabinoids product in specific dosage forms.

Cannabinoids means any of the chemical compounds that are the active components of the Cannabis genus of plants and its three species, Cannabis sativa, Cannabis indica, and Cannabis ruderalis; whether the compounds are synthetically produced or plant-derived, as well as cannabinoid compounds, formulations or products, that include single and/or multiple Cannabinoids including both synthetic and plant-derived Cannabinoids, as well as any and all Cannabinoid analogues. For formulations or compounds which may include combinations of API’s, other than Cannabinoids or terpenes, it is being agreed that if the API is another FDA approved Pharmaceutical, Licensor approval will be required to ensure that the API is not the subject of a current Licensor product, or the product of another licensee of the Licensor.

Medicinal shall mean any product containing marijuana, hemp or cannabis produced and sold for health, wellness, or nutritional purposes, including as herbal medicine, including products produced or sold through U.S. state-licensed or regulated marijuana programs and comparable programs in other countries and jurisdictions.

Licensed Technology shall mean the aggregate of the Licensed Inventions, the Licensed Know-how, the Licensed Products and the Licensed Patents and any other information and/or technology related to the Licensed Products and/or the design and/or the manufacturing of the Licensed Products

Licensed Patents shall mean any and all rights arising out of or resulting from (i) the patents and patent application set forth in Schedule 1.14 attached to this Agreement, as well as any additional patents or patent applications related to any aspect of any Licensed Technology Improvements, Licensed Know-how, Licensed Products, and/or Licensed Technology (as herein defined) filed prior to or during the term of this Agreement and (ii) any patent granted in respect of all such applications, as well as, without limitation, any substitutions, divisions, continuations, continuations-in-part, reissues, renewals, re-examinations, extensions, supplementary protection certificates, confirmations, registrations, revalidations and the like, of any and all such patents and patent applications and any international equivalents thereof.

Field of Use
Licensed Field shall mean the use of Cannabinoids, together with the Licensed Technology for recreational, Medicinal and Pharmaceutical purposes in humans and animals.

IPSCIO Record ID: 360519

License Grant
The Company acquired the intellectual property, formulations, recipes, proprietary equipment, and know-how of the Betty’s Eddies™ brand of cannabis-infused products from a company that is minority-owned by the Company’s chief operating officer.
License Property
The Betty’s Eddies™ is a brand of cannabis-infused fruit chews. These products are precision-dosed and designed for specific medical conditions and related symptoms.
Field of Use
Field of use is for the development, cultivation, production, distribution, and retail dispensing relating to the cannabis business.

IPSCIO Record ID: 345624

License Grant
Licensor hereby engages Licensee, on a non-exclusive basis, and Licensee hereby accepts such engagement and agrees, upon the terms and conditions set forth herein, to provide the Cultivation Services pursuant to the terms and conditions set forth herein. Licensee hereby is granted the right to develop, manage, and produce on behalf of Licensor all Licensee-branded products, including but not limited to those set forth; provided, however, that (a) Licensee is authorized by Licensor to produce all products that may be lawfully grown and distributed in Nevada pursuant to applicable law, including CCB guidelines and the RTMA; (b) Licensee shall use commercially-reasonable efforts to maximize the production and sales of the products grown at the Cultivation Facility under this Agreement, subject to compliance with all applicable laws; (c) Licensee shall commence making its improvements to the Designated Acreage within 120 calendar days of the date of the Commencement Notice and shall begin cultivation on the Designated Acreage (as evidenced by registration of the first plants with the CCB) by the first day of Spring following the Commencement Notice or when the CCB approves cultivation activities at the Designated Acreage, whichever occurs later; and (d) Licensee complies with all applicable laws, rules, and regulations, including but not limited to those pertaining to the labeling of product sold hereunder.
License Property
Product shall include but not limited to Cannabis / Marijuana on the Designated Acreage and selling in the State of Nevada.
Field of Use
Field of use is for a cultivation facility license to cultivate (grow), process, and package marijuana; sell marijuana to retail marijuana stores; and operate marijuana product manufacturing facilities and sell to other cultivation facilities.
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