Tuesday, December 11, 2018 10:28:07 PM
From what I read there was not a fee paid for the exclusive distribution rights in Nevada but a required initial 2 million dollar order of Q-Cup, in addition to an agreement to purchase 6 million dollar next year at $500k per month to get the exclusive deal.
(Excerpt from HCMC news release) "In order to secure the exclusivity for this revolutionary technology in the Nevada market, MJNE placed an initial order of $2,000,000 of product for which HCMC has been paid in full. Subject to mutually agreed upon adjustments based upon the first year sales, maintaining exclusivity for the second year of the contract requires a minimum of $6,000,000 in orders to be placed in monthly increments of $500,000 to continue this exclusive arrangement."
Recent HCMC News
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