NewBridge Global Ventures, Inc. announced that it has signed a Technology License and Partnership Agreement with Hydro Dynamics, Inc., that gives NewBridge an exclusive license to all of Hydro Dynamics Intellectual Property and patented technology and creates a partnership to bring their patented controlled cavitation process to the cannabis industry. This agreement expands on the previously announced License and exclusive rights to controlled cavitation through Hydro Dynamics Shockwave Power™ Reactor (SPR) license agreements for “mixing and Heating,” “Hydrogenating Substances,” “Continuous Hydrodynamics cavitation crystallization,” and four other patents. This gives NewBridge a pipeline of defensible capabilities to build upon in the future. NewBridge issued Hydro Dynamics 2,125,000 shares of its common stock and will make additional cash payments of $60,000 in 2019, $250,000 in 2020 and 2021 and $100,000 per year thereafter as a License Maintenance Fee. Additionally, Hydro Dynamics will receive a 3% royalty on net revenues derived from the Company’s sales of SPRs.