CANNABIS WHEATON ANNOUNCES EXCLUSIVE LICENSE FOR DIXIE BRANDS
- By Dave Grigsby
VANCOUVER, British Columbia, May 14, 2018 (GLOBE NEWSWIRE) -- Cannabis Wheaton Income Corp. (TSX-V:CBW) (“Cannabis Wheaton” or the “Company”) is pleased to announce that it has entered into a definitive licensing agreement (the “Agreement”) with Dixie Brands, Inc. ( “Dixie”) pursuant to which Cannabis Wheaton will have the exclusive license to Dixie’s intellectual property, product branding and formulation methodologies related to over 100 cannabinoid-infused products (the “Dixie IP”) in Canada and Mexico (the “Territory”).
Based in Denver, Colorado, Dixie specializes in developing intellectual property related to a variety of cannabinoid-infused products ranging from beverages to pet treat supplements. Since the founding of the brand in 2009 Dixie has emerged as a leader in the U.S. cannabis industry through its quality products and education and advocacy initiatives. The Dixie IP has been used by third-party licensees to produce some of the cannabis indus...
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