Listerine Royalties Are A Fantastic Source Of Passive Income
Vague legal wording has created an incredible passive income opportunity. One that’s consistently paid institutions and private investors every quarter for over a century.
And thanks to the Internet, this investment is now easier to make than ever before.
Today, we’re talking about Listerine royalty contracts. This is a very unique, extremely dependable investment vehicle. But, it’s also one that most people have never heard of.
Because of this, we’ll cover what Listerine royalties are, why they still exist, and where you can look to buy them.
Listerine is probably the most famous mouthwash in the world. It’s sold in supermarkets and pharmacies all over the planet. And it’s probably the brand most people picture when they think about mouthwash. However, Listerine is also an old product. And because of this, it has an interesting and convoluted corporate history.
Joseph Joshua Lawrence was a doctor and drugmaker who wanted to invent a new antiseptic. He named this formula “Listerine” after John Lister, the pioneer of antiseptic surgery.
Lawrence then licensed his Listerine formula to a pharmacist named Jordan Wheat Lambert.