Protect your Marijuana Strain and Brand using Blockchain and (UPC) Universal Product Code.
With Marijuana listed as a Schedule 1 drug in the United States, business owners and growers face strict Federal restrictions. These governmental commerce restrictions pose issues to brand owners and growers wishing to protect their personal Marijuana brands (strains) with trademarks Albeit, some states have begun adopting their own policies regarding Marijuana commerce and trade, the United States Patent and Trade Office (USPTO) presumes ultimate control in distributing trademarks and brand protection.
A trademark is a word, phrase, symbol, or design, or combination of words, phrases, symbols, or designs, that identifies and distinguishes the source of goods of one party from those of others1. Ultimately, a trademark offers an incredible value-add to brand owners using a brand name that is recognized by consumers which therefore drives customers to their business. Business owners/growers seeking to protect their personalized crops or bring legitimacy to commonly known strains face issues in providing customers with strain and crop assurance due to these strict regulations on Marijuana commerce. Continue reading “Protect your Marijuana Strain and Brand using Blockchain and (UPC) Universal Product Code.”