Brief: Enwave Corp - Signs Commercial Royalty-Bearing License And Equipment Lease Agreement With A Swiss Medical Cbd Co

Enwave

26/11/2019 14:25

Nov 26 (Reuters) - Enwave Corp  ENW.V :
    * ENWAVE CORP - SIGNS COMMERCIAL ROYALTY-BEARING LICENSE AND
EQUIPMENT LEASE AGREEMENT WITH A SWISS MEDICAL CBD COMPANY
    * ENWAVE CORP -  LICENSE GRANTS ROYALTY PARTNER A
NON-EXCLUSIVE
RIGHT TO PROCESS MEDICINAL-GRADE HEMP FOR CANNABIDIOL CBD
EXTRACTION IN SWITZERLAND
    * ENWAVE CORP - ROYALTY PARTNER HAS COMMITTED TO LEASE A
10KW
REVENUE MACHINE FOR AN INITIAL TERM OF SIX MONTHS
    * ENWAVE CORP - ROYALTY PARTNER WILL PAY ENWAVE A QUARTERLY
ROYALTY BASED ON NUMBER OF DRIED GRAMS PRODUCED IN REVENUE
MACHINERY

Source text for Eikon:  ID:nGNXbzyl2M 
Further company coverage:  ENW.V 

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