Note 10 - Commitments and Contingencies |
9 Months Ended |
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Jun. 30, 2026 | |
| Notes to Financial Statements | |
| Commitments and Contingencies Disclosure [Text Block] |
NOTE 10 – COMMITMENTS AND CONTINGENCIES
The Company is occasionally involved in legal proceedings and subject to claims arising in the ordinary course of business. While litigation and claims outcomes cannot be predicted with certainty, the Company is not currently a party to any legal proceeding that, if resolved adversely, would individually or in the aggregate have a material adverse effect on the Company’s Consolidated Financial Statements.
During 2025, the Company continued to expand distribution of its hemp-derived beverage products. The Company has entered into agreements with various distributors providing for the distribution of certain of our hemp-derived beverage products, subject to certain terms and conditions, which may vary depending on the form of the agreement. Such agreements remain in effect for their then-current term as long as the Company's products are being distributed but are subject to specified termination rights held by each party. Additionally, the Company is entitled to terminate certain distribution agreements at any time without cause upon payment of a termination fee, which may be material depending on the agreement and the sell through of the product set.
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