Patents are increasingly a significant proportion of a cannabis company’s claimed valuation. As cannabis companies identify ways to differentiate their business from competitors, patents play an important role in ensuring that competitors cannot duplicate their products or processes.   Patents are often used to insulate products from direct competition by building temporary barriers to prevent competitors

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High profile lawsuits to end cannabis prohibition are nothing new. We’ve covered efforts going back several years, though none of these has succeeded. A recently announced attempt, though, may be the best chance yet– especially given the changing environment with cannabis legalization in so many states; and especially given Constitutional jurisprudence relevant to those changes.

The post Here We Go! The Latest Lawsuits to End Federal Prohibition appeared first on Harris Bricken Sliwoski LLP.