What strikes me is the insouciance of these cannabis copycats. How in the world did they think they would get away with this? Did they seriously think Subway, Mars, etc., wouldn’t notice? (It’s worth noting that the Budway people didn’t bother with a defense against the Subway lawsuit.)
Cannabis and the porn industry have something in common: an illicit history and an ambiguous current legal status. As long as this is the case, the cannabis market will continue to be dominated by fringe players, some of whom will inevitably be wise guys promulgating knockoffs.
We can continue to play Whack-A-Mole with knockoff products, or we can bring cannabis into the mainstream by straightening out our laws and regulations. Once that happens, bigger and better-heeled players, with access to credit and all the other good stuff that you can get when you’re totally legitimate, will be free to develop the market. That means new products, supported by proper R&D and marketing, and an end to cheesy knockoffs.
Pan Demetrakakes is a Senior Editor for Food Processing and has been a business journalist since 1992, mostly covering various aspects of the food production and supply chain, including processing, packaging, distribution and retailing. Learn more about him or contact him