Alison Malsbury in Rolling Stone

“The thing that operators need to be aware of is if they transfer ownership of the patented technology to another company, how that company made use of that technology would be dictated by state law,” says (Alison) Malsbury. “You can patent cannabis-related technology all day long and not violate federal law, but where federal law comes into play is where you are actually using that patented technology.” In California, only license-holders can participate (and collaborate with other license-holders) in the state’s regulated system.

“Formulations are going to be one of the best routes to actually obtaining patent protection and that’s what’s appealing to pharmaceutical companies,” Malsbury says. “As we see them starting to take interest in cannabis, I think formulations will be one of the means by which they stake their claims in the market.”