Pros And Cons Of Marijuana Marketing And The Law

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Marketing Management
Sarah Yoets
MARIJUANA MARKETING AND THE LAW

“Governments, entrepreneurs, and people everywhere are beginning to acknowledge that the potential of the cannabis industry is too great to ignore. Its outdated, unsubstantiated stigma is quickly being replaced by legitimate research, supportive laws, and market demand that has surpassed expectations.” Marijuana has been a taboo topic for a hundred years, and we are finally witnessing a shift in the conversation. Marijuana has been legalized for medicinal use in several states, and a few have allowed recreational use too. The silence has finally broken about cannabis but the question still remains; how will the states be able to buy, sell, and use something that is still against federal law? Organizations and businesses within this industry are revamping their legal marketing tactics, including: advertising, sales promotion, events and experiences. But this must happen while dealing with a tricky bunch of rules and regulations.

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The first law associates with knowing your audience. There is a 70% rule that you must follow if you want to advertise marijuana online, in print, or a TV/radio broadcast. This means 70% of the people who view the advertisement must be 21 years of age or older. The second law associates with the location. It is very important to advertise locally where retail marijuana is available legally. You should only market to consumers within the state in which you are permitted. And the last law associates with outdoor advertising. It is absolutely unacceptable to post any billboard, posters, fliers, or vehicle signs/decals which advertise cannabis or cannabis related

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