Molekule Announces Court Ordered Dismissal of Competitor’s Trademark Infringement Complaint with Prejudice
“We are very pleased with the favorable resolution of this matter and along with it the affirmation of the professionalism of our sales and marketing practices.” said
The complaint was filed on
By its Order dated
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This press release includes forward-looking statements relating to our management’s expectations, beliefs and intentions and Molekule’s prospects. Forward-looking statements are statements that are not historical facts, including the statements of our management. Such forward-looking statements are based on our management’s current expectations and projections about future events and trends, which are inherently subject to risks, assumptions and uncertainties that could cause actual results to differ materially from those explicitly or implicitly projected, including (without limitation): general economic conditions in the markets where we operate; the impact of the COVID-19 pandemic and related prophylactic measures; expected timing of regulatory approvals and product launches; non-performance of third-party vendors and contractors; risks related to our ability to successfully sell our products and the market reception to and performance of our products; our compliance with, and changes to, applicable laws and regulations; our limited operating history; our ability to manage growth; our ability to obtain additional financing when and if needed; our ability to expand product offerings; our ability to compete with others in our industry; our ability to protect our intellectual property; the ability of certain stockholders to determine the outcome of matters that require stockholder approval; our ability to retain the listing of our common stock on Nasdaq; our ability to defend against legal proceedings; success in retaining or recruiting, or changes required in, our officers, key employees or directors; our ability to achieve the expected benefits from our merger with
These and other risks and uncertainties that could affect Molekule’s future results are included under the caption “Risk Factors” in Molekule’s annual report on Form 10-K/A for the fiscal year ended December 31, 2022 filed with the
The forward-looking statements in this release reflect management’s expectations as of the date hereof and Molekule expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based. Investors should realize that if our underlying assumptions for the projections contained herein prove inaccurate or that known or unknown risks or uncertainties materialize, actual results could vary materially from our expectations and projections.
Source: Molekule Group, Inc.