Two companies that provide data and analytics to the hemp industry – New Leaf Data Services and PanXchange – are in a trademark dispute over the phrase “hemp benchmarks.”
New Leaf sued PanXchange earlier this month in federal court in Connecticut, claiming trademark infringement of its “Hemp Benchmarks” service.
New Leaf said the names are so similar that customers believe PanXchange’s products are its own.PanXchange, which is based in Denver, offers hemp pricing reports titled “Hemp: Benchmarks & Analysis.”
The company asked a judge to block PanXchange from using the “benchmarks” description and has sought undisclosed monetary damages.
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