2.2 The new JV cannabis and hemp product business will consist of:
(i) Developing, testing, standardizing, and manufacturing of new or existing cannabis and hemp products for world wide market dissemination under the Cannabis Science brand, or other brand as mutually agreed, following all local, state and country laws/regulations.
(ii) Generally, to engage in the pointed product development or research projects that benefit or satisfy the aforementioned goals; and
(iii) Other jointly developed products, manufacturing or extraction methods, testing, assets, or intellectual properties.
Herein after referred to as the JV “Assets”.
2.3 dupetit Natural Products GmbH will provide all products to the JV as defined in Appendix “A”.
2.4 Cannabis Science, Inc. will provide medical cannabis extract formulations, delivery methods, products, testing facilities and techniques, including any future products or processes, to the JV.
2.5 dupetit Natural Products GmbH shall make available all business and government contacts, marketing and distribution channels, and existing sales contracts or store access to sell JV products, whether existing or new. All of dupetit Natural Products GmbH products sales and distribution shall be exclusively performed through the JV for the entirety of this Agreement.