Effective July 10, 2020, Tauriga Sciences, Inc. and KushCo Holdings, Inc, a Nevada corporation, entered into a Product Placement Membership Agreement. Under the terms of the Placement Agreement, Kushco will provide placement services of the Company’s Tauri-Gum™ product line(s), and will assist with retail activation, product incubation, branding and marketing solutions, and sales management services. As compensation for providing such services and placement of the Company’s products, when Kushco or one of its affiliates consummates a purchase, distribution or sale of products (either directly or through third parties), Kushco will be paid a fee equal to 10% of the total gross sales for such transaction(s). The Placement Fee shall be earned as of the date of the respective transaction and shall be paid in cash by the Company on a monthly basis and no later than the last calendar day of each calendar month. The Placement Agreement has a term of two years, unless earlier terminated upon sixty days notice to the Company, as provided under the Kuscho Agreement.