There has been a lot of coverage about a trademark lawsuit between Edible Arrangements and Green Thumb Industries. In the articles we’ve reviewed, we have seen no mention of the fact that the Edible Arrangements subsidiaries hold at least 16 hemp-related licenses.
Edible Arrangements has a long history of defending their intellectual property. It’s not a surprise that they’d do the same in the cannabis space. As MJBiz pointed out: The fact that GTI’s products are made of marijuana makes no matter, the complaint argues, “because cannabis-related products are within the zone of (Edible Arrangements’) natural expansion, as evidenced by Edible’s expansion in-fact to sell cannabidiol (‘CBD’) products in (Edible Arrangements’) retail locations.” In a press release from November 2019, the company touted their plans to distribute new hemp-based CBD products to the Dallas-Fort Worth market with projections for in-store purchase at 200 more locations nationally by the end of the year.
Cannabiz Media has been keeping track of licenses for over five years and everyone in the industry knows that these are very valuable assets. A lot of effort and energy are spent to keep the licenses and their employees in compliance so that the asset is not impaired, or worse revoked! Intellectual property is obviously a valuable asset for any company – and the cannabis industry has had its share of trouble when they tried to use mainstream brands like Gorilla Glue, Girl Scout Cookies and others to promote a particular strain or product. Here’s our take from two years ago on trademark strategy.
Why Is This Interesting?
We think the license story is helpful for Edible Arrangements. Based on our research the company has 16 licenses. These include 14 retail locations in Florida:
In addition the company, through a subsidiary has both a hemp cultivation and manufacturing license in Connecticut under the Incredible Edibles brand.
It is unclear who will prevail in this lawsuit. The company has invested to build out their brand equity and even has some licenses. Harris Bricken offers a detailed analysis that suggests Edible Arrangements may have a tough time winning this case – and might wind up settling. We will keep an eye out on the licenses and we’ll be sure to follow the case as well.
Cannabiz Media customers can stay up-to-date on these and other new licenses through our newsletters, alerts, and reports modules. Subscribe to our newsletter to receive these weekly reports delivered to your inbox. Or you can schedule a demo for more information on how to access the Cannabiz Media License Database yourself to dive further into this data.
Cannacurio is a weekly column from Cannabiz Media featuring insights from the most comprehensive license data platform. Catch up on Cannacurio posts and podcasts for the latest updates and intel.
Ed Keating is a co-founder and Chief Data Officer of Cannabiz Media and oversees our data research and government relations efforts. He has spent his whole career working with and advising information companies in the compliance space. Ed has overseen complex multijurisdictional product lines in the securities, corporate, UCC, safety, environmental and human resource markets and focuses on workflow products over the last twenty five years. During that time he has worked for both startup and established information companies where he has led marketing, product management and sales organizations. These companies include Wolters Kluwer/Commerce Clearing House, CT Corporation, EDGAR Online and Business & Legal Reports. At Cannabiz Media Ed enjoys the challenge of working with regulators across the globe as he and his team gather corporate, financial, and license information to track the people, products and businesses in the cannabis economy. Ed graduated from Hamilton College and received his MBA from the Kellogg School at Northwestern University.