More and more states are moving toward legalization of cannabis – both for medical purposes and recreational use. Since 2018, the majority of states that have allowed medical or recreational use of cannabis also allow the sale of cannabidiol (CBD) oil, which is one of the 104 chemical compounds found in the cannabis plant. This chemical compound is known to have some medical benefits, but is not psychoactive.
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Your intellectual property licensing arrangement is one of the most important decisions you will make concerning your business. The first big question about the licensing deal is whether it will be exclusive or non-exclusive.
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If your family has a treasured secret recipe that has been handed down for generations, you already understand the basics of a trade secret. In legal terms, a trade secret pertains to information that derives independent economic value from not being generally known to and not being readily ascertainable by proper means by others.
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Your company has worked hard to develop its intellectual property. It is understandable that you would want to protect it. But you want to accomplish that goal while retaining the ability to monetize your intellectual property and reap the financial benefits you’ve earned from your efforts.
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These 8 tips will prepare you to make the best of any fame that comes to your content, or if your content is already going “viral”, to provide some wisdom through this incredibly exciting adventure.
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Do your research before you choose your business name and brand. Branding is an essential component of marketing your company’s products and services. Trademark protection ensures that your promotional efforts are not undermined by an infringement.
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These 8 tips will prepare you to make the best of any fame that comes to your content, or if your content is already going “viral”, to provide some wisdom through this incredibly exciting adventure.
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What are your chances of success in being issued a patent for your invention? Wouldn’t you like to know!
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Perhaps you developed a more efficient way of making existing products? Perhaps you developed a way of making products that were previously impossible to make before? Or perhaps you developed a way to make a better product? Whatever the case, the way…
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Many of our clients prefer to license their idea or sell it outright rather than commercializing it themselves. However, finding the right purchaser or licensee is not easy and is full of traps. Here are some tips for those of you embarking on the journey of getting a deal for your idea.
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