Lifted Made named exclusive worldwide manufacturer and distributor of Cali Sweets vape and gummy products

LFTD PARTNERS INC.

Revenue split 60% to Lifted Made, 40% to Cali Sweets; production/marketing costs shared equally.
Agreement covers disposable vapes and gummies under brands Koko Puffz and Koko Gummiez; includes social media marketing for Urb brand.
Term is 5 years; after 24 months either party may terminate with 180 days notice; early exit fees for Cali.
CEO says deal allows new line of business without stock dilution or borrowing.
Cali Sweets founder Flo Mirsky to lead social media influencer marketing for both brands.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

LFTD PARTNERS INC. entered into Manufacturing Sales and Marketing Agreement with Cali Sweets, LLC (effective 2023-01-11).

Action: entry
Agreement: supply
Counterparty: Cali Sweets, LLC
Effective: 2023-01-11

Exact text from the filing

On January 11, 2023, Lifted Liquids, Inc. doing business as Lifted Made (“Lifted Made”), a wholly owned subsidiary of LFTD Partners Inc., entered into a Manufacturing Sales and Marketing Agreement (“Agreement”) with Cali Sweets, LLC (“Cali”).

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LFTD PARTNERS INC. filing history →

Source: SEC EDGAR

accession 0001096906-23-000099

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