On December 20, 2018, the Farm Bill of 2018 was signed into law, which explicitly removed hemp and its byproducts from the definition of Marijuana, a substance prohibited by the Controlled Substances Act. On May 2, 2019, the USPTO issued Examination Guide 1-19 providing official guidance for federal trademark applications covering cannabis and cannabis derived goods and services. It’s now clear that the USPTO will allow federal trademark registrations for marks used on some hemp-based products, including those containing hemp-derived CBD, but there are important limitations.
Read MoreBusinesses of all sizes often have valuable confidential and proprietary information for which employees have exposure to during their employment, an disclosure of such information by an employee may be catastrophic to the company. Confidentiality agreements are often used as a tool to minimize risk of disclosure. The following article provides common questions every company must answer in preparing a confidentiality or non-disclosure agreement.
Read MoreIntellectual property is a vital component of the work done by employees and independent contractors at a company, bringing significant value to a company. It’s critical for companies to understand how to protect their interests in the inventions and work product that its employees and contractors create.
Read MoreLaws do not dictate very much about how LLCs operate, so the members of an LLC need to spell pretty much everything out in an operating agreement. If something isn’t included in detail, it can cause really big problems later on.
Read MoreMany startup companies fail for business reasons, while others fail because they neglect key legal issues. This post identifies some of the most common mistakes (legally speaking) made by startup companies that our attorneys routinely see at SK&S Law Group.
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