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Re: MD-420 post# 75100

Friday, 07/29/2016 12:01:22 PM

Friday, July 29, 2016 12:01:22 PM

Post# of 112680
The contract you refer to says nothing about sales...

Agritek Holdings, Inc. Announces Execution of Nevada Operational and Licensing Agreement With Green Leaf Farms Holdings, Inc. for New 22,000 Sq. Ft. Cultivation and Production Facility in North Las Vegas

Under the terms of the agreement, Agritek Holdings will provide consulting services and specialists related to grow and production, operational build out, equipment lease financing, and an infrastructure funding commitment of up to one million dollars ($1,000,000)...

..."Agritek will receive revenues through equipment lease financing, licensing and consulting fees."



It's an agreement to operate the facility and provide $1 million in financing.

There's nothing exclusive here...

In addition to monthly consulting fees once the facility is operational, Agritek will receive licensing fees as the provider of vaporizers, cartridges and infused edibles produced under the Agritek Holdings trademarked Mont Blunt brand, American Hemp Trading Company Chocolate and additional brands.



GreenLeaf just pays licensing fees to produce products labeled with the Agritec brands.

Les