chatgpt and cannabis

Will AI Replace Your Cannabis Lawyer? (I Asked ChatGPT)

ChatGPT is all the rage. The GPT stands for “Generative Pre-trained Transformer”.  Translation: this is a next level, nearly omnipotent chatbot that’s incredibly articulate and conversant. Per Wikipedia: “while the core function of a chatbot is to mimic a human conversationalist, ChatGPT is versatile, including the ability to write and debug computer programs; to compose

cannabis genes

Patenting Cannabis Genes: Three Ways To Protect New Cultivars

Many cannabis companies spend significant resources developing new cannabis cultivars or refining popular strain genetics. As they do so, more and more are looking for strategies to protect those investments. Plant patents for purportedly novel cannabis plants are increasingly common, but are plant patents really the best way to protect cannabis genes? In addition to

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

fintechwebcannabis

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

cannabisandwebcrossover

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

canna law blog

California, Cannabis and Telehealth

In this article: California’s Relationship with Telehealth and Cannabis Can a Telehealth Company Lawfully have a Setup in California? 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

canna law blog

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

canna law blog

Cryptocurrency and Cannabis: A Difficult Relationship

Two of the biggest buzzwords of 2018 have been cyrptocurrency and cannabis. Both industries have seen an tremendous influx of investment from people trying to capitalize on these new business ideas. Almost every week, I see a new event pop up for people who are interested in finding the synergies between these different industries. Everyone

canna law blog

What Makes Blockchain So Special? And Why Does it Matter (So Much) for Cannabis

Consolidation, Connection and Automation Differentiate Blockchain from Current Technologies Following my last post about blockchain technology and the cannabis industry, a Canna Law Blog reader commented, “[m]aybe I’m missing something. How is this better than just scanning a barcode when the item changes hands like they do with FedEx?” Great question. I asked similar questions early on