Starco Brands subsidiary licenses Cardi B IP for Whipshots vodka-infused whipped cream; minimum royalty $3.3M

Starco Brands, Inc.

Whipshots LLC, majority-owned by Starco Brands, entered License Agreement with Washpoppin Inc. for Cardi B's intellectual property.
Minimum royalty commitment of $3,300,000 aggregate, contingent on Licensor satisfying obligations.
Cardi B will attend events, media interviews, participate in product development, and promote via social media.
Press release announces Whipshots launch later in 2021; a non-dairy, vodka-infused whipped cream targeting spirits market.

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