Medicine Man Technologies Inc (SHWZ)

[damAcon1]

Some licensing news that doesn't appear to impact SHWZ (hopefully):

Lowell Farms Inc, announces that it has entered into a binding letter of intent (“LOI”) with the Company’s existing noteholders. The Company has agreed to sell its “Lowell Smokes” and “35s” brands and associated intellectual property to Lowell Brands LLC, a newly formed Delaware limited liability company (“BrandCo”) and to assign the related license agreements and material contracts. In return, the noteholders have agreed to forgive all indebtedness owing under the Debentures.

The Company will sell BrandCo all intellectual property arising out of or relating to the “Lowell Smokes” and “35s” brands and assign any existing, out-of-state license agreements (the “Assigned Contracts”) relating to the “Lowell” brand to BrandCo.