Ways to Avoid Cannabis Settlements
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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>
Ways to Avoid Cannabis Settlements
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Presentation Transcript
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.
WhenYouCannotAvoidaSettlement Ifyouarefacedwithalegalsituationthatrequiresyoutoadheretothetermsofasettlement,besurethatyouhaveaqualifiedlegalteamonyourside.Ifyouhavecourtdatestoattend,besurethatyouadheretotheseguidelines.Simplyshowingupontimewillhelpyourcase,sinceitwillletthejudgeknowthatyouareseriousaboutresolvingthematter. Besurethatyouknowallthetermsofthesettlement.Ifyouneedtochangeyournameorlogobecauseofcopywritinginfringementorcreativedifferenceswithacompany,makesurethatyouknowthedeadlinesassociatedwiththistask.Thiswillkeepyoufromincurringmorefeesandpreventcompaniesfromtakingfurtheractionagainstyou.Consultwithyourlegalteamasmanytimesasyouneedtobeforeyourcourtdateorsettlementdeadlinesoyouwillbefullyprepared. Articlesource:http://www.canhockeytalk.com/ways-to-avoid-cannabis-settlements/