Appraise liability issues and how to limit risk in being a cannabis dispensary owner in business in the state of Arizona. Overview Intellectual property (or "I.P.") is becoming more important because of the significant value of I.P. to many businesses, which in some cases may exceed the value of physical, tangible assets. To protect IP, one must consider the IP type, how to protect and/or register IP, and what the remedies are for infringement. Instructions 1. Summarize the type of business entity a cannabis dispensary owner is in (from and what kind of products or services are provided. 2. List and depict/describe the choice of intellectual property of you creating your own logo name for your business that you are trying to protect as intellectual property. 3. Which category of intellectual property does creating your own brand name and logo fall under? (Copyright, Trademark, Patent, or Trade Secret) Explain. 4. What are the requirements to protect this type of intellectual property? Explain the legal protections (i.e. consider whether it has to be formally registered with an appropriate government agency to receive legal protection from infringement and for how long does the intellectual property receive protection). 5. Define "infringement" and explain the remedies for infringement of the chosen intellectual property category having your own logo creating your business name 6. What are the potential legal and economic consequences for being a cannabis dispensary owner in business if you do not protect your intellectual property? Explain. 7. Attach a "References" page with all sources used in your paper