RE:RE:RE:RE:RE:OGI & BRITISH TOBACCO ANALYSIS OFTHE DEAL /GOOD READ!marf49 wrote: Kanto, To my understanding, OGI or GREG won't be able to do any IP or issue shares like he did before Xmas. The maximum allowed is 20% buying then the procedure gets complex. But if BAT wants more owneship of OGI, they will have to dish out, cause co. will be bigger, bigger means more $$, but that's further down, let's just hope their venture brings new products and revenue so OGI can grow same with share value.
From March 11.
All about IP
In the case of BAT and Organigram, both companies will contribute background intellectual property to the research and development process at the Center of Excellence.
“And all of the IP developed through the Center of Excellence will be registered under ownership by BAT, but we receive a global royalty-free perpetual license. It made sense for one party to manage that,” Organigram CEO Greg Engel said in a phone interview with MJBizDaily.
“The way the deal is structured, each company is free to commercialize products in any market globally.”
True but the deal won't stop BAT from later on go ahead with acquisition if they want to. and having 2 of their own on the board would make it easier for them. All of these depend on legalization and how BAT views the market will be on the states side.