Friends.Let’s start this month’s column with a question: Can you name a single cannabis brand that has achieved national mainstream recognition?Note, we’re talking national mainstream recognition here—i.e., a brand that has broken through the awareness bubble of your family in the Midwest and your not-so-savvy friends on the East Coast.My answer to the above question is no, we have not—because the truth is, we’re just not there yet.That said, we are getting closer!As I discussed in my latest Rolling Stone column, “I believe our first legitimate national cannabis brand could emerge sometime in 2024—exactly 12 years after Colorado and Washington became the first two states to legalize recreational cannabis. This would reinforce the normalization of cannabis and that we, as Americans, are starting to move past a misinformation campaign and 80-year-old stigma that demonized the plant. And because cannabis has been found to be potentially effective in the treatment of common issues such as anxiety, insomnia and inflammation, many American adults stand to benefit.”When this column was first published, I got called out on social media by some for being wrong—and even a hater.But if we’re being real, no plant-touching cannabis brand has fully accessed our collective national psyche. As big as some of these brands are becoming, they have a lot of room to cover before we can legitimately discuss that level of connection, especially when defining this designation in terms of cultural intuition.And that’s what is so compelling to many—myself and my colleagues, included—about the modern cannabis industry. We’re still in the first inning, and the field of play is wide open. You see some cannabis brands stealing second base, and you see others warming up and swinging for that grand slam—and some of them are striking out, while others are connecting in a big, meaningful way.And in the next few years, we will see businesses emerge in such dominating positions that their brand names end up defining entire categories—in the same way we drink Cokes and order Ubers, regardless of the actual specifics.This conversation aligns with our agency’s ethos: “We tell stories, build brands and amplify value.”Of course, there is no marketing—no brand—without a compelling story or narrative. And that’s where Grasslands excels. Our brand-building strategies apply Aristotle’s proven principles of persuasion to Public Relations, Content Marketing, Thought Leadership, Digital Advertising and more. The value that comes from this holistic approach can be measured in a multitude of ways—including a growing cultural intuition.Today, Grasslands already represents some of the most recognized brands and organizations in cannabis—including Cookies, Willie’s Reserve, the United States Cannabis Council and others—and we work tirelessly every day to position our clients in the national zeitgeist.I know a lot of you are passionate about this conversation surrounding the ever-evolving landscape of cannabis brands, and I’d love to hear your thinking on the matter—at email@example.com. Looking forward to the conversations ahead.—Ricardo and The Grasslands Team
What Is the Current State of the Cannabis Industry in 2022?
The cannabis industry has continued to grow nationwide at a steady clip, in both economic scale and cultural clout. But the picture can look quite varied from state to state and country to country, given the wide variation in market maturities and regulatory details.Getting a practical snapshot of the current state of the cannabis industry requires not just the latest data, but also a certain level of intuition and nuance. So where are we at in 2022? This is the latest.
Ricardo Baca’s 2022 Cannabis Industry Trends Forecast
What lies ahead for cannabis? It’s a question many in the industry are asking as we hit the ground running in Q1. From old-school matters like mergers and acquisitions to emerging cannabis industry trends like delivery models that took off during the pandemic and are here to stay, there’s a lot to assess in predicting which cannabis products and services will be pivotal to business success or become a major problem.