end game strategy we are planning the november event. high times is planning the cannabis cup part of the event with us. Greetings …… It was good to meet you in Jamaica in January 2015 to discuss our partnership in the staging of Rastafari Rootzfest, High Times World Cannabis Cup and the Jamaica Cannabis Cup in November 2015 in Jamaica. Thanks also for providing the Letter of Intent (LOI) which outlines the general scope of the partnership. Regarding the LOI, we would like to clarify a few things and mention some additional points which are important to be included in our agreement. 1. Rastafari In Inity Limited (RIIL) is the contracting party and Rastafari Rootzfest is the name of the event. Rastafari Rootzfest is a four-day event that will include High Times’ (HT) World Cannabis Cup and the Jamaica Cannabis Cup. HT will partner with RIIL to organize the event (with or without additional local sponsors). [This seems okay, the word 'include' indicating that other participants are possible.] 2. In addition to identifying suitable available venues, assisting with preparation of required budget, RIIL will also be responsible for securing all required permits in Jamaica and may request from HT relevant documentation to support required permit and licensing applications. 3. All costs will be covered by HT, including national and global marketing, venue, ticketing, security, logistics, infrastructure, transportation, accommodation and other costs, to be recouped. [this seems invitation to lay the may plan before ht, presented as marketing and planning] 4. RIIL will develop seminars related to Rastafari, ganja and Rastafari-related industries. HT is responsible for seminars related to cannabis and cannabisrelated industries. Each party entitled to have booths, information and products on display. [is there any distinction being made here?] 4. HT to psy a small upfront non-refundable deposit, in the event that doesn’t take place for whatever reason) (amount to be negotiated) 5. Information to be provided by HT to RIIL regarding plans, logistics, costs, infrastructure and management of past Cannabis Cups organized by HT to inform the staging of the World Cannabis Cup and the Jamaica Cannabis Cup in Jamaica. 6. HT is primarily responsible for planning, organizing and staging the World Cannabis Cup as part of Rastafari Rootzfest in Jamaica in consultation with and with the approval of RIIL. 7. HT and RIIL to jointly plan, organize and stage the Jamaican Cannabis Cup as part of Rastafari Rootzfest in Jamaica. [what is the planning structure; right now its orientation is wrong. we are planning it. what plans are there to legally grow, to process, to transport, to consume, to compete, to distribute after completion of the cup? can we establish a structure to finance the farmers 8. IP Rights in ‘Rastafari Rootzfest’ belongs to RIIL. High Times retains all IP rights in Cannabis Cup in Jamaica. ‘Jamaica Cannabis Cup’ to be jointly owned by RIIL and High Times. Each to maintain separate websites. [what functionalities will each site have? what access to what data? 9. In all marketing, advertising, and public relations in Jamaica and worldwide, Jamaica Cannabis Cup and World Cannabis Cup event in Jamaica to be promoted alongside and within the context of Rastafari Rootzfest, in consultation with and with the approval of RIIL. 10. HT to bring representatives of RII to Denver Cannabis Cup to experience an HT Cannabis Cup and to launch the Rastafari Rootzfest & Jamaica Cannabis Cup 11. HT to send reps to Jamaica for local launch of Rastafari Rootzfest in Jamaica in May 2015 12. HT not to employ or provide services, assistance, financing, investment, sponsorship, or conduct the same or any similar business, activity or event in Jamaica, directly or indirectly, for five years, without the prior written consent of RIIL. what we want is an ongoing series of events, we want to own the particular parts of the event that are rasta and maroon, that includes the rasta part and the maroon part. we want you to understand that you are part of projecting our story even with jamaica being part of projecting yours. what is our story. imagine a future in which all succeed. negril high times in 2015 a huge success, an annual event of huge future value, can we imagine the bank that lends the farmers money
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