cannabis patent valuation

Unique Challenges in Cannabis Patent Valuation

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

fintech web3 cannabis

Top Cannabis FinTech Companies in Web3

Cannabis companies are largely behind the curve in Web3, but in the past few months some top cannabis companies have emerged in the Web3 ecosystem to join the old guard. The connection between cannabis and Web3 may not be apparent at first glance, but both industries are relatively nascent, semi-regulated, and attracting some of the

cannabis dao

Cannabis DAOs

I wrote recently about cannabis NFTs (see here) and tokenization of cannabis assets (see here). This post covers cannabis DAOs (Decentralized Autonomous Organizations) within the industry space (“DAO” is pronounced like “dow”). Web3: cannabis DAOs, cryptocurrencies, NFTs, and smart contracts If you have been paying attention, you know at least something about Bitcoin, which is

cannabis and web3 crossover

Cannabis and Web3 Crossover: Tokenization

Since launching our Web3 practice group, we have been getting steady inquiries regarding cannabis and web3 crossover. In this post, I focus on the tokenization of cannabis business assets, which often occurs through ICOs (initial coin offerings). This is currently an unsettled area of law in the U.S., and we do not recommend trying to

telehealth california cannabis

California, Cannabis and Telehealth: Part 2

In my last post in this two-part series, I focused specifically on California’s current relationship with telehealth and cannabis. Without a doubt, physicians are free to recommend medical cannabis to qualified patients via telehealth platforms, apps, and tech so long as both Prop. 215 and telehealth laws and regulations are followed by the physician. This

California, Cannabis and Telehealth: Part I

The ancillary companies that provide goods and services to the cannabis industry are legion. From equipment, real estate, legal services, and technology to packaging, labeling, intellectual property, hardware, and apparel, the list is basically endless for the opportunities that abound in the cannabis ancillary sector. One of the cooler ancillary areas that hasn’t gotten a

comic of a surprised man

Software, Technology, and Cannabis: Are Your Agreements Compliant?

For our clients in the cannabis space, from licensed operators to ancillary service providers, we’ve found that virtually no area of business (and no contract) is immune from the unique regulatory concerns of the industry. Our firm represents many ancillary companies that do business with cannabis operators, including software companies, delivery platforms, and other online

Cannabots: Are the Robots Coming For Your Weed?

Everyone seems to agree that few of us are safe from the impending roboacolypse. Not the farmers, not the restaurant workers, not even the fashion models or (gasp!) the lawyers. What about those employed in the cannabis industry? Not according to a recent article on Seedo, “an Israeli and Maryland based startup that claims to

Pay Cannabis Tax with Cryptocurrency? California Takes a Look.

We’ve written about the potential benefits of harnessing the power of blockchain technology to track and trace cannabis from seed to sale and provide an effective regulatory tool for governments (see here and here). We’ve also warned of the risks and dangers (and outright scams) associated with many cryptocurrencies and the heightened risks that come

Top 10 Unknowns About California’s Cannabis Regulations

In California, under the Medicinal and Adult-Use Cannabis and Regulation Safety Act (MAUCRSA), temporary licenses began issuing to cannabis businesses on January 1, 2018. Since then, the state agencies in charge of MAUCRSA’s implementation (the Bureau of Cannabis Control (BCC), the California Department of Public Health (CDPH), and the California Department of Food and Agriculture (CDFA))