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Podcast: The Winning Momentum Podcast with Scott Sinclair
Episode: Scott Talks About License Agreements In The Cannabis Sector And Checks Out Fernie Distillers In Fernie, BC
Description: I have started a checklist of business points to consider and negotiate when working on a licensing deal in the cannabis space.It’s not just about the royalty. You need to also consider:- What is the exact nature of the IP to be licensed and the jurisdictions? In cannabis, often the licensor doesn’t own what they think they own. Particularly in the US because of cannabis’ federally illegal status.- Will it be an exclusive license or non-exclusive and in what jurisdictions?- What are the duties of the parties? Who manufa...