Item 1.01 Entry into a Material Definitive Agreement.

On December 9, 2022, Yuengling's Ice Cream Corporation (the "Company") entered into an exclusive licensing agreement with GPO Plus, Inc. (OTCQB: GPOX). GPOX will develop a full line of CBD and other hemp derived cannabinoid products based on the iconic flavors of Yuengling's Ice Cream.

The initial term of the Agreement runs through November 30, 2027, with an option to extend for an additional five years. In consideration for the trademark license, GPOX will pay Yuengling's a royalty of 5% of all gross wholesale revenue generated from the sale of Yuengling's Ice Cream branded products. The Agreement, which is filed herewith as Exhibit 10.1 , should be reviewed in its entirety for additional information.

Additional details regarding products, flavors, launch date and where the product will be sold will be provided in the near future.

Item 7.01 Regulation FD Disclosure.





Press Release

The information in this Item 7.01 of this Current Report is furnished pursuant to Item 7.01 and shall not be deemed "filed" for any purpose, including for the purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that Section. The information in this Current Report on Form 8-K shall not be deemed incorporated by reference into any filing under the Securities Act or the Exchange Act regardless of any general incorporation language in such filing.

On December 12, 2022 Yuengling's Ice Cream Corporation issued a press release.

The text of the press release in its entirety is attached herewith as Exhibit 99.1 .

Item 9.01 Financial Statements and Exhibits.

Exhibits. The exhibits listed in the following Exhibit Index are filed as part of this Current Report on Form 8-K





Exhibit No. Description
10.1          License Agreement
99.1          Press Release
104         Cover Page Interactive Data File (embedded within the Inline XBRL document)








  3

© Edgar Online, source Glimpses