There are many reasons California cannabis industry entrepreneurs these days might feel their situation a bit bleak. The ever-present threat of black market sales are encroaching on their profits. Excessive regulations and taxation have left many companies stretched incredibly thin. A patchwork of confusing local laws have proven difficult to…
The passing of Proposition 64 in 2016 legalizes recreational marijuana in California as of January 1, 2018. This will increase the opportunity for marijuana businesses to grow throughout the state. According to an article from Forbes, California cannabis business owners are projected to make $5.2 billion in revenue in 2018,…
It is a logical contradiction, but one which can benefit cannabis entrepreneurs: despite being banned by federal law, marijuana and marijuana products can be protected by federal patents. Problems with theory and logic notwithstanding, cannabis business owners can protect and enhance their business interests with an understanding of the patent…