Cannabis Science Inc (fka CBIS)

[Art Vandeley]

NON EXCLUSIVE IN US, which means they are not required to sell CBIS products in the US and any other non exclusive country. They can sell ANYONES in those Countries.

Why would Medbox sell CBIS products in the US and other nonexclusive countries? If they did they would have to share the revenue with them. If they sell a competitors, they don't have to split the revenue. So don't count on Medbox selling CBIS products in the Non Exclusive countires.


[quote/]Details of the Cannabis Science and PVM Partnership
Cannabis Science and PVM signed a Worldwide Distribution Agreement effective August 10, 2011. Pursuant to the terms of the agreement, Cannabis Science shall enjoy certain worldwide rights as PVM’s exclusive and non-exclusive distributor of all PVM products and services in the Continents of Asia, Africa, North America, South America, Antarctica, Europe, and Australia/Oceania as set forth below;

Asia (All exclusive, excluding Russia, the Ukraine, Georgia, Belarus, Estonia, and Latvia)
Africa (All exclusive)
North America (All exclusive, excluding the United States of America)
South America (All non-exclusive)
Antarctica (All non-exclusive)
Europe (All exclusive, excluding United Kingdom)
Australia/Oceania (All exclusive)[/quote]


https://www.cannabisscience.com/news-a-media/press-releases/233-cbis-signs-exclusive-and-non-exclusive-agreement.html