Various states across the nation, including California, have legalized recreational and medicinal marijuana. This has opened the door for companies in the states to grow, manufacture and sell a variety of marijuana-based products. Many companies have even patented different varieties and forms of marijuana and marijuana-based products. The question is: Will pot patents hold up in court?
The number of ideas and inventions a single human being can create is limitless. That said, countless ideas have already been created and formally patented with the U.S. Patent Office. No matter how "original" you feel your creation is — and you may have indeed come up with it all by yourself — if your idea has already been patented by someone else, you may be out of luck in terms of profiting from your creation. For this reason, before you apply for a formal patent, you'll need to do some research.
If you own a copyright, one thing you may wish to do at some point is transfer it to another entity. Copyrights are personal property, and you have the right to transfer it to others if you wish. Your exclusive rights bind the idea or product to you, but you can transfer the copyright through a contract.
In the latest international news, it has been shown that the United States has charged Chinese companies in relation to the theft of trade secrets. The Nov. 5 report describes the United States formally charging both China and Taiwan along with three individuals were allegedly stealing trade secrets from a semiconductor company in the United States.