Trend cluster
Category

Big Brand
Canna-Biz

Established brands enter the cannabis space in an authentic way.

Hunger-Curbing Snack BarsVegan Cannabis MascarasMultipurpose CBD ScrubsStreaming Site Cannabis Strains

Trend

What is the Big Brand Canna-Biz trend?

Big Brand Canna-Biz: Cannabis is becoming increasingly popular in North America and established brands are taking part in the growing market. By leveraging their strengths and established brand identity, these companies are able to reap the benefits of being a first-player in the cannabis lifestyle.

Insight

The consumer insight behind the Big Brand Canna-Biz trend

Contemporary consumers are feeling more at ease with cannabis as an ingredient in lifestyle goods as the industry grows and more products enter the market. Driven by curiosity, individuals are looking for ways to introduce the plant into their daily routines. Since many are wary about how cannabis might affect them, consumers look to more established and familiar brands that they trust in order to gain peace of mind and be more comfortable on their cannabis journey.

Trend themes

Themes within the Big Brand Canna-Biz trend

Three behaviours holding the trend together
01

Established Brands Enter Cannabis Market

More established brands are recognizing the opportunity in the growing cannabis market as consumers look for trusted names to introduce cannabis into their daily routines.

02

Incorporating Cannabis in Everyday Products

As contemporary consumers continue to feel more at ease with cannabis as an ingredient, brands are incorporating cannabis into everyday products such as mascara and snack bars.

03

CBD-Infused Beauty Products

CBD is making its way into the beauty industry, with products like OUAI's Scalp & Body Scrub utilizing its anti-inflammatory properties.

Industry implications

What the Big Brand Canna-Biz trend means for industry

Where the trend changes the playbook
For

Cannabis Industry

The cannabis industry continues to grow and attract established brands, creating opportunities for new products and services.

For

Beauty Industry

The beauty industry is incorporating CBD as an ingredient in new products, creating opportunities for innovation and disruption.

For

Food Industry

The legalization of recreational marijuana in Canada creates opportunities for food and beverage brands to create products that appeal to the cannabis culture and satisfy the munchies.

Workshop question

Where could you see your brand fitting into the emerging cannabis industry?

Trend signals

Trend signals for Big Brand Canna-Biz

Trend score 4.8 out of 10, from popularity 83%, activity 51%, freshness 8%.

Popularity83%
Activity51%
Freshness8%
Audience
50%Men
50%Women
  • Gen Alpha (not a primary audience)
  • Gen Z
  • Millennial
  • Gen X (not a primary audience)
  • Boomer (not a primary audience)
Market
North America