I believe I may have found MYDX's Black Swan. They
Post# of 1481
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Posted On: 04/26/2018 3:37:55 AM
I believe I may have found MYDX's Black Swan. They are in several dispensaries in the Coachella area:
Black Swan Edibles
http://www.blackswanedibles.com/
https://weedmaps.com/brands/black-swan
I'm not sure if these terms still apply at this point, with the newer partners involved, but this was the original licensing deal they entered into:
On June 12, 2017, MyDx, Inc. (the “Company” or “Licensor”) entered into a license and services agreement (the “License Agreement”) with Black Swan, LLC (the “Licensee”). The Licensor agrees to grant to the Licensee the Access License which shall consist of:
(a)access to the Database to enable Licensee to engage in formulation queries regarding the effects of having different amounts of terpene or other chemicals in cannabis strains;
(b) access to the Database’s chemical profile library and related definitions;
(c) access to a list with the contact information and fee schedule of cannabis extractors with state licenses so that Licensee can submit the formulation query results to such licensed cannabis extractors. Such licensed extractor list may change and Licensor shall have no obligation to provide Licensee with an updated list; and
(d) access to the CannaDxTM mobile application to track feedback and reviews by up to 20,000 users of Licensee’s products.
The Licensor will provide the Product Services which shall consist of:
(1)Licensor providing annual MyDx360 SAAS Premium Subscription at a cost of $15,000 per annum
(2) Licensor providing 6,000 Cartridges every six months to the Licensee at a cost of $2.49 per Cartridge ($14,940 in total every six months). It shall be a requirement of this Agreement that Licensee order 6,000 Cartridges from Licensor every six months;
(3) Licensor providing 1,000 Eco Smart Pens to the Licensee, when available, over the three-year term of this Agreement at a cost of $25 per Eco Smart Pen ($25,000 in total); and
(4) Licensor providing 6,000 batteries to the Licensee over the three-year term of this Agreement at a cost of $3.99 per battery ($23,940 in total).
The term of this Agreement shall be three (3) years. Licensor shall have the right, in its sole discretion, to terminate this Agreement if Licensee does not order and pay for at least 6,000 Cartridges every six months at a cost of $2.49 per Cartridge ($14,940 in total every six months).
https://backend.otcmarkets.com/otcapi/company...ntent/html
Black Swan Edibles
http://www.blackswanedibles.com/
https://weedmaps.com/brands/black-swan
I'm not sure if these terms still apply at this point, with the newer partners involved, but this was the original licensing deal they entered into:
On June 12, 2017, MyDx, Inc. (the “Company” or “Licensor”) entered into a license and services agreement (the “License Agreement”) with Black Swan, LLC (the “Licensee”). The Licensor agrees to grant to the Licensee the Access License which shall consist of:
(a)access to the Database to enable Licensee to engage in formulation queries regarding the effects of having different amounts of terpene or other chemicals in cannabis strains;
(b) access to the Database’s chemical profile library and related definitions;
(c) access to a list with the contact information and fee schedule of cannabis extractors with state licenses so that Licensee can submit the formulation query results to such licensed cannabis extractors. Such licensed extractor list may change and Licensor shall have no obligation to provide Licensee with an updated list; and
(d) access to the CannaDxTM mobile application to track feedback and reviews by up to 20,000 users of Licensee’s products.
The Licensor will provide the Product Services which shall consist of:
(1)Licensor providing annual MyDx360 SAAS Premium Subscription at a cost of $15,000 per annum
(2) Licensor providing 6,000 Cartridges every six months to the Licensee at a cost of $2.49 per Cartridge ($14,940 in total every six months). It shall be a requirement of this Agreement that Licensee order 6,000 Cartridges from Licensor every six months;
(3) Licensor providing 1,000 Eco Smart Pens to the Licensee, when available, over the three-year term of this Agreement at a cost of $25 per Eco Smart Pen ($25,000 in total); and
(4) Licensor providing 6,000 batteries to the Licensee over the three-year term of this Agreement at a cost of $3.99 per battery ($23,940 in total).
The term of this Agreement shall be three (3) years. Licensor shall have the right, in its sole discretion, to terminate this Agreement if Licensee does not order and pay for at least 6,000 Cartridges every six months at a cost of $2.49 per Cartridge ($14,940 in total every six months).
https://backend.otcmarkets.com/otcapi/company...ntent/html
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