NorthWest Biotherapeutics Inc (NWBO)

[Augiep796]

The definition of a franchise according to Chat GPT:

A franchise is a business model in which the owner (franchisor) grants a license to a third party (franchisee) to operate a business using the franchisor's branding, systems, and support. In exchange for the rights to operate under the franchisor's brand and business model, the franchisee typically pays an initial fee and ongoing royalties or fees. This arrangement allows the franchisee to benefit from the established brand recognition, marketing support, operational guidelines, and sometimes exclusive territories provided by the franchisor.