There Aint No Remedy For The Summertime Blues…..Woodstock Woes Proceed

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Any self respecting previous hippy on the market will know by now that Woodstock 50 has been an ongoing drama. To compound points a woodstock cannabis model to be launched on the wobbling pageant along side MedMen is now embroiled in a trademark spat..

Firstly, the pageant, is it on ? is it off?

The newest

The present should go on! That’s what organizers of Woodstock 50 are saying.

18 Information heard from Schuyler County officers who say the Woodstock 50 crew intends to proceed with plans to carry a live performance. 
    They haven’t acquired paperwork from the occasion that might counsel different plans. 
Even with all of the forwards and backwards and quite a bit nonetheless up within the air, there some followers who’re hopeful the present will go on. 

“I feel it’s a good suggestion,” stated close by resident Dick Myers. “I might be wanting ahead to it, If I may do it, it will be nice. We wish to see some large names there and naturally have it underneath a bit of higher management, nevertheless it’s all concerning the music, it’s necessary.”

We’ll, in fact, maintain you updated on all Woodstock 50 developments. 

https://www.mytwintiers.com/information/local-news/woodstock-50-to-continue-according-to-officials/2053417350

 

However as everyone knows it’s 2019 and all of the hippies and yippies turned financiers or attorneys so the true story is…..in accordance with investor thought.com

If something about popular culture historical past, then you definitely’ve certainly heard concerning the unique Woodstock Music Competition that passed off in 1969. The planning of this 12 months’s pageant has gotten off to rocky begin with traders pulling out and funding financial institution Oppenheimer & Co. taking the reins to seek out new traders to fill empty areas. However that’s not all of the co-founder of Woodstock, Michael Lang has to fret about.

As Lang prepares for Woodstock 50 – a 50-year-anniversary celebration of the long-lasting occasion happening in August of this 12 months, his focus is just not solely on ticket gross sales and sponsors. Lang additionally has plans to launch a brand new authorized cannabis Woodstock model in a partnership with MedMen. Sadly, the Woodstock model is embroiled in a federal trademark infringement lawsuit, and federal Decide Colleen McMahon has blocked Woodstock Ventures, LLC, which owns the Woodstock trademark, from finishing its licensing settlement.

The issue stems from the actions of an organization referred to as Woodstock Roots – an organization that additionally needs to launch its personal cannabis model. In accordance with the lawsuit filed by Woodstock Ventures, LLC, in February 2018, Woodstock Roots adopted the Woodstock trademark to model its cannabis-related stock and has additionally falsely related its model with the Woodstock music pageant through the use of a brand that features a marijuana leaf and the phrase “since 1969,” despite the fact that the corporate was established lately.

Trademark conflicts aren’t solely primarily based on utilizing a mark that’s an identical to a competitor’s mark. Additionally they may be initiated if the mark in query is prone to trigger confusion amongst shoppers. For instance, if there’s an opportunity that customers will affiliate the merchandise of manufacturers that should separate as being associated, that’s thought of a trademark battle.

In response to Woodstock Roots’ actions, Woodstock Ventures filed a swimsuit primarily based on federal trademark infringement. For the reason that unique Woodstock pageant in 1969, Woodstock Ventures has continued to supply the branded music pageant and has a variety of merchandise it promotes underneath the Woodstock trademark, together with report albums, clothes and flicks. And all of these merchandise have federal trademark registrations. Though cannabis can not acquire a federal trademark registration as a result of the product continues to be unlawful on the federal degree, Woodstock Ventures argues in its lawsuit that the Woodstock model is strongly related to leisure marijuana, which the corporate now sells in states resembling California, Colorado, Oregon and Washington.

In essence, Woodstock Ventures is arguing that it’s entitled to a federal injunction and financial damages on account of Woodstock Roots’ try to realize from utilizing the Woodstock trademark.

Sadly, on account of the federal trademark infringement lawsuit that Woodstock Ventures filed, Woodstock Roots counter-sued. In response, Decide McMahon issued a short lived restraining order that retains each corporations from transferring ahead with their plans to launch their respective cannabis manufacturers till the case is sorted out. Woodstock Roots may resolve the dispute by rebranding, however up to now it hasn’t. The corporate’s web site continues to be up and working.

In the meantime Lang’s attorneys are clamoring for a decision, going as far as to request that the decide decide to allow them to promote the Woodstock cannabis model as evidenced by this excerpt from a March 25th letter from Michael Lang’s lawyer, Shawn Regan to Decide Macmahon during which Regan claims that Lang and Woodstock Ventures, LLC are “deeply inside the advertising window for his or her upcoming 50th Anniversary Music Competition this summer time, a once- in-a-lifetime occasion offering irreplaceable event-driven advantages to Plaintiffs’ Woodstock branded-products, together with cannabis, by ‘tens of thousands and thousands of {dollars} of free publicity’ and large media protection producing billions of social media impressions.”

“Furthermore, these occasions are occurring inside a window of burgeoning industrial alternative within the authorized cannabis trade, already a $10 billion market and anticipated to triple in brief order … the place licensors pressured to stay on the sidelines, as Plaintiffs are at the moment, will later face a barrier to entry not suffered by these instantly in a position to transfer into the market,” Regan wrote.

As a result of this case is taken into account a federally registered trademark infringement, versus an unregistered trademark infringement, Woodstock Ventures is afforded extra protections and rights and has a greater probability of prevailing within the lawsuit. Nonetheless, the ultimate consequence stays to be seen.

Supply: https://www.investorideas.com/information/2019/cannabis/06071Woodstock50.asp

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