ASSET PURCHASE AGREEMENT BY AND AMONG DOUBLE BROW, LLC AS PURCHASER, MEDICINE MAN TECHNOLOGIES, INC., AS PARENT, BG3 INVESTMENTS, LLC, AND BLACK BOX LICENSING, LLC AS SELLERS, AND BRIAN SEARCHINGER, AS EQUITYHOLDER June 25, 2021Asset Purchase Agreement • July 1st, 2021 • Medicine Man Technologies, Inc. • Services-management consulting services • Colorado
This ASSET PURCHASE AGREEMENT (this “Agreement”) is made and entered into as of June 25, 2021 (the “Effective Date”), by and among (i) Double Brow, LLC, a Colorado limited liability company (“Purchaser”), (ii) Medicine Man Technologies, Inc., a Nevada corporation (“Parent”), (iii) BG3 Investments, LLC, a Colorado limited liability company (“BG3”), (iv) Black Box Licensing, LLC, a Colorado limited liability company (“Black Box”, and together with BG3, individually, “Seller” and collectively, “Sellers”), and (v) Brian Searchinger, an individual residing in Boulder, Colorado, the sole equityholder of BG3, and an equityholder of Black Box (“Searchinger” or “Equityholder”). Purchaser, Parent, each Seller and the Equityholder are sometimes referred to herein individually as a “Party” and collectively as the “Parties.” Capitalized terms used but not otherwise defined in this Agreement have the meanings set forth on Exhibit A.
