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ARTICLE · 25 SEPTEMBER 2018

Growing Your Cannabis IP Rights

Smart & Biggar
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Novel cannabis varieties may be protected in certain countries under various regimes.

CanadaIntellectual Property
Micheline Gravelle
Micheline Gravelle
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The cannabis market continues to grow worldwide with medical marijuana currently legal in 35 countries and over 30 US states and counting. Uruguay was the first country to legalize cannabis for recreational use and Canada will become the second on October 17, 2018. There are currently 9 US states that allow cannabis for recreational use.

The value of the cannabis market has been estimated to reach anywhere from $50 to $150 billion dollars worldwide over the next several years. Due to the large market value, it is increasingly important that companies producing cannabis, cannabis products, machines and devices seek to protect their Intellectual Property (IP) in important markets.

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