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  4. MyDx, Inc. (MYDX) Message Board

Not sure what the ihub badgers are talking about.

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Post# of 1481
(Total Views: 360)
Posted On: 08/06/2018 2:35:50 PM
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Posted By: DarthYoda
Not sure what the ihub badgers are talking about. Only verbal agreements? Eh?:

MyDx Secures City and State Legal Cannabis Manufacturing and Distribution for Its MyDx360 CustomersPress Release | 05/10/2018

After months of diligence, MyDx has completed its research into the San Diego legal manufacturing and distribution license holder marketplace. Having reviewed the varying degrees of license approval status that many groups currently hold, MyDx has confirmed the positive approval at both the city and state level of a reputable, legally licensed, manufacturing and distribution partner it has SIGNED an agreement with to support the products developed by MyDx360 customers.

https://www.otcmarkets.com/stock/MYDX/news/My...?id=191976

License and Services Agreement

On April 26, 2018, the Company entered into a License and Services Agreement with Humanity Holdings Inc. and Humanity Products, Inc. (collectively “Humanity Holdings”). Humanity Holdings currently operates a manufacturing and distribution facility, licensed by the state of California, through which it engages in the sale and distribution of various cannabis related products. The Company granted Humanity Holdings a non-exclusive license to manufacture, sell, and distribute products within California using proprietary product formulations owned or licensed by the Company. The Company agreed to issue Humanity Holdings shares of Common Stock worth $25,000 on the 45 th day following the effective date of the agreement. This is in exchange for Humanity Holdings not contracting with a competitor of the Company who provides formulation services, smart vape device hardware and related software applications to its network, product branding or access to reporting from its data set that ties a user’s experience to a chemical profile of the product they are consuming. Humanity Holdings will pay 20% of net sales to the Company as a support services fee and 30% of net sales to the Company as a royalty.

https://www.otcmarkets.com/filing/html?id=127...e4vP1yX73h


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