By Joshua Glucoft (January 10, 2019, 2:26 PM EST) -- The cannabis industry has been increasingly busy over the last few years seeking patent protection for new technologies. In the decade up through October 2008, the U.S. Patent and Trademark Office issued approximately 1,200 cannabis-related patents. In the decade since, the USPTO issued just under 1,800 cannabis-related patents, representing a nearly 50 percent increase over the previous decade. Although nearly 3,000 active patents in the industry may sound like a lot, evidence suggests that there is probably still quite a bit of room for innovating and patenting. One useful benchmark is the somewhat comparable tobacco industry. The USPTO issued just over 3,000 tobacco-related patents in the decade through October 2008 alone, with an additional 4,700 patents issued in the decade since. The following chart depicts the relative patenting activity in the two industries....
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!