Brands and influencers collaborate with cannabis brands to create edibles
Trend - The popularity of the cannabis industry in North America has resulted in businesses and influencers typically unrelated to this space collaborating with cannabis brands to create and market edibles. These ventures offer more opportunities for both parties amidst booming cannabis sales.
Insight - Cannabis sales in North America have consistently grown in regions where the plant is legalized, with consumers using it not just for recreational purposes but to generally enhance their lifestyles. As consumers look to try new and innovative products in this space, brands are accommodating them by expanding their offerings.
Insight - Cannabis sales in North America have consistently grown in regions where the plant is legalized, with consumers using it not just for recreational purposes but to generally enhance their lifestyles. As consumers look to try new and innovative products in this space, brands are accommodating them by expanding their offerings.
Workshop Question - How could your brand collaborate with an unlikely industry?
Trend Themes
1. Collaborative Cannabis Marketing - Influencers and brands are collaborating with cannabis companies to create and market new cannabis-infused products, revolutionizing the industry.
2. Premium Cannabis-infused Food and Beverages - Companies are teaming up to create chef-created cannabis-infused edibles and specialty drinks, elevating the cannabis experience for health-conscious consumers.
3. Celebrity-endorsed CBD Products - Wellness and beverage brands are collaborating with popular musicians to create exclusive CBD-infused drinks.
Industry Implications
1. Cannabis Retail and Marketing - Companies can benefit from collaborating with influencers and non-industry brands to create unique cannabis experiences and build brand recognition.
2. Gourmet Food and Beverage - Collaborations between cannabis companies and premium food and drink brands can help bring all-natural, preservative-free, and innovative products to market.
3. Wellness and CBD - CBD companies can benefit from collaborations with musicians and wellness brands to reach new audiences and create exclusive products.
