Quarterly report pursuant to Section 13 or 15(d)

4. LICENSE AGREEMENT OBLIGATION

v3.8.0.1
4. LICENSE AGREEMENT OBLIGATION
6 Months Ended
Oct. 31, 2017
License Agreement Obligation  
LICENSE AGREEMENT OBLIGATION

The Company Entered a licensing agreement for a license to use the Cell-in-a-Box® technology to develop therapies involving Cannabis for a total amount of $2.0 million “Upfront Payment” for the license. As of June 30, 2016, the Company’s license agreement obligation was paid in full.