IP Strategy And Cannabis: How Canada’s Nextleaf Is Monetizing Its Patents

In the United States, it’s basically a matter of time before the federal government legalizes the use of marijuana. In all but two states, some kind of access to marijuana is already permitted. For entrepreneurs, this is a once-in-a-lifetime opportunity. Because while the industry is growing fast, it’s still very much nascent. At the Las Vegas trade show MJBizCon in 2019, there were as many mom-and-pop operations on the floor as major players. You could feel the buzz in the room… no pun intended! 

In 2020, it should come as no surprise then, a record number of cannabis-related patents were issued by the United States Patent & Trademark

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