Brief: Jeffs' Brands Scisparc Nutraceuticals Was Granted An Exclusive License For The Sales Of Cannamide™ On The Amazon Marketplace In Canada

Nexera Technologies

07/06/2023 13:31

June 7 (Reuters) - Scisparc Ltd  SPRC.O :
    * JEFFS' BRANDS: SCISPARC NUTRACEUTICALS WAS GRANTED AN
EXCLUSIVE
LICENSE FOR THE SALES OF CANNAMIDE™ ON THE AMAZON MARKETPLACE IN
CANADA
    * JEFFS BRANDS LTD - PURSUANT TO LICENSE AGREEMENT, SCISPARC
NUTRACEUTICALS WILL PURCHASE CANNAMIDE AT A COST PRICE PLUS 3%
OF GROSS REVENUES
    * JEFFS' BRANDS - LICENSE AGREEMENT IS FOR A TERM OF 12
MONTHS AND
MAY BE TERMINATED BY EITHER PARTY WITH 30-DAYS' ADVANCE NOTICE

Source text for Eikon:  ID:nGNX48pq9V 
Further company coverage:  SPRC.O 

 ((Reuters.Briefs@thomsonreuters.com;))