Canopy receives USPTO Notice of Patent Allowance
Hello to our investors and followers. I'm pleased to share that Canopy has received a formal 'Notice of Allowance' from the USPTO in response to our utility patent application. This means that we will be receiving our patent in just a few weeks.
This is an important milestone in our intellectual property strategy and creates a protective moat for Canopy in this competitive field. Our team submitted this patent application in July 2020, and we were accepted into a fast-track program for COVID-19 innovations. Receiving a patent in less than a year is an extraordinarily fast timeline, and I want to congratulate the entire product design and engineering team as well as our IP counsel on getting this processed with such speed.
Best,
Joe