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Alan Brochstein

09/16/13 9:28 AM

#141571 RE: 2WheeLife #141559

NO!

Dixie owns 40% of Red Dice and MJNA owns 60%. Red Dice holds the brand name and IP - it is a licensing entity. It currently recognizes sales only on non-THC products (Dixie Botanicals). Many have suggested that CO won't ever pay a license fee (not sure). The company could recognize THC revenue in the future. Very murky issue. Dixie is a privately-held company and MJNA has no interest in it except as the potential receiver of royalties that have never yet been disclosed to the best of my knowledge.