1 / 2

Ways to Avoid Cannabis Settlements

Cannabis settlements can be difficult to navigate. They can often hold up business since companies may have to settle the terms of their case before they can continue to do business. <br>

mac_addison
Download Presentation

Ways to Avoid Cannabis Settlements

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. WaystoAvoidCannabisSettlements Cannabissettlementscanbedifficulttonavigate.Theycanoftenholdupbusinesssincecompaniesmayhavetosettlethetermsoftheircasebeforetheycancontinuetodobusiness.Ifyouwanttomakesurethatyourcompanydoesnothavetogotocourtordealwithlegalissues,herearesomeguidelinestoconsider: BeAwareofIntellectualProperty Nottoolongago,theadhesivecompanyGorillaGlueagreedtoreachasettlementwithamarijuanastrainofthesamename.ThebluecompanysaidthatthemanufacturersoftheGorillaGlueweedstrainwereguiltyoftrademarkinfringement. Becauseoftheagreement,theGorillaGluemarijuanastrains,whicharenumberedGorillaGlue#1,4or5,cannotbeadvertisedwithapictureofagorillaoranyimagerythatissimilartotheGorillaGlueadhesivecompanywithin12months.Thecannabiscompanyisalsorequiredtoshutdownitswebsite,gorillaglue4.com;thecannabisorganizationisrequiredtohandthedomainovertoGorillaGluethegluecompanybyJanuary1,2020.TheissuewassettledinafederalcourtinOhio.ThisisthestatewheretheoriginalGorillaGluecompanyheadquartersislocated. SticktoStateGuidelines Ifyoufindthatyouhavetomeetthetermsofasettlementforyourcannabiscompany,itcouldbebecauseyoudidnotfollowstate-specificrules.Thisiswhyitisbesttohavealegalteamworkingwithyouwhenyouopenyourbusiness.Theattorneyscanlookthroughthedocumentsassociatedwiththesettlementtoletyouknowwhichguidelinesyoushouldpayspecialattentionto.Youshouldalsogotoalawyertolookoverallthecontractsthatareassociatedwithyourbusiness.Thiswillletyouknowwhichproductsareallowedatyourestablishment,aswellastheitemsthatyouarepermittedtosaleonlinefromyourstate.Makesurethatyougoovercustomerrelationsruleswithyourlawyer,soyouwillknowwhichinformationyoushouldconveytoconsumers.Whenyousticktotherules,youwillbemorelikelytoavoidasettlement.

  2. WhenYouCannotAvoidaSettlement Ifyouarefacedwithalegalsituationthatrequiresyoutoadheretothetermsofasettlement,besurethatyouhaveaqualifiedlegalteamonyourside.Ifyouhavecourtdatestoattend,besurethatyouadheretotheseguidelines.Simplyshowingupontimewillhelpyourcase,sinceitwillletthejudgeknowthatyouareseriousaboutresolvingthematter. Besurethatyouknowallthetermsofthesettlement.Ifyouneedtochangeyournameorlogobecauseofcopywritinginfringementorcreativedifferenceswithacompany,makesurethatyouknowthedeadlinesassociatedwiththistask.Thiswillkeepyoufromincurringmorefeesandpreventcompaniesfromtakingfurtheractionagainstyou.Consultwithyourlegalteamasmanytimesasyouneedtobeforeyourcourtdateorsettlementdeadlinesoyouwillbefullyprepared. Articlesource:http://www.canhockeytalk.com/ways-to-avoid-cannabis-settlements/

More Related