McLAUGHLIN, Circuit Judge:
Bambu Sales, Inc. imports and sells cigarette rolling paper under its federally registered trademark, BAMBU. Ozak Trading Inc. imports and distributes brand-name goods, "off-brand-name" goods, and "closeouts."
Bambu's foreign manufacturer had some surplus stock of "light-weight" paper bearing the BAMBU mark. Bambu had discontinued the sale of such paper in the United States, but it permitted the manufacturer to sell it on the condition...
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