KSB advised Dioscorides Global Holdings, LLC18/12/15 / News

KSB advised Dioscorides Global Holdings, LLC (DGH) in negotiating, concluding and implementing an Investment Agreement regarding a joint-venture investment into Konomed s.r.o. The commercial purpose of the investment was to finance and commercially participate in a project involving the founding of the International Cannabis and Cannabinoid Institute in Prague.

KSB’s advice involved the creation of a mechanism by which DGH will acquire shares in Konomed and the negotiation of additional funding principles, all the while taking into consideration the need for the Investment Agreement, which was governed by the laws of the State of New York, to conform with with Czech corporate law. KSB also helped formulate the fundamental principles of a future acquisition agreement and shareholders’ agreement.

The ICCI (International Cannabis and Cannabinoids Institute) endeavours to explore medical cannabis and its components to treat patients in the future by making „custom-made“ preparations. The Institute will take advantage of the latest knowledge with regard to cannabis and biomedicine within the aim of creating, among other things, a platform for further research, education and sharing information.