Tag Archive for: cannabis PR

So you want to make your CEO the star? It’s a growing trend and there’s still room for your celebrity cannabis CEO.

The cannabis industry is ready for you, and you can take some tips from outside the cannabis industry to capitalize on the opportunity. From investment opportunities to increased brand value, to policy influence locally and nationally, and even profit increases, there are a lot of reasons why a CEO can be an important brand asset.

We’re seeing celebrity CEOs in the cannabis space, you know who they are. While it might look like those cannabis CEOs became industry household names simply because they’re so brilliant or successful, that’s simply not the case – there are many brilliant AND successful CEOs in cannabis whose names you wouldn’t be able to name. If you look around, you’ll see that cannabis CEOs and even more famous CEOs whose names you know, with very few exceptions, do these things in some combination. Because I’ve had the opportunity to work directly with some fantastic CEOs as well as politicians, I well know the big and little steps creating a celebrity takes.

So how do these CEOs become celebrities? The answer: extreme commitment to repeated exposure in multiple channels. Rome wasn’t built overnight and neither is celebrity CEO.

Close the C-Suite/Consumer Disconnect with Social Media

Edelman’s 2019 Trust Barometer said the majority of people (63%) believe CEOs should communicate with the public via social media and even more (79%) say knowing a CEO’s personal values is important to building trust, and that they trust spontaneous speakers more than well-delivered speeches. Contrast these statistics with the fact that 61% of Fortune 500 CEOs have no social media presence at all. No wonder there’s a disconnect from the C-suite to the Consumer.

These are interesting statistics for cannabis CEOs, who run businesses in an industry not yet federally recognized.

Increased Industry & Brand Trust with Cannabis CEO Thought Leadership

Yet this is EXACTLY the reason cannabis CEOs should be using social media. Even more than most industries, we must create trust with the general public. Summer 2019’s vape crisis did not help the cannabis industry’s reputation with the general public.  Social media offers cannabis brands the opportunity to speak directly and consistently. Because social media offers the opportunity to be spontaneous, here’s the ONE THING you can’t get past with social media: if you’re CEO is tweeting or engaging on LinkedIn, she absolutely must be directly involved and engaged on the platform herself, at least sometimes. And she should be using social media as a listening platform too, it will help her feel more connected and more engaged with her clients.

Balance Strategy with CEO Authenticity

Whatever objectives you have to this strategy, there are reasonably straightforward systems that can be employed to overcome them.  Regardless of your strength as CEO, there’s a way for social media to work. Ghostwriters have a place in social media and many executives and celebrities rely on them, but the truest opportunities come when it isn’t exclusively outsourced, where there is a natural balance that remains authentic AND strategic.  Harborside’s Steve DeAngelo does this very well, he uses Instagram to showcase his boundless energy and willingness to engage with the cannabis community. By intelligently committing to a platform he’s comfortable with, he’s able to work it into his daily life. DeAngelo has also been very consistent with his key messages, he comes back to the same topics time and again and he uses social media to reinforce those messages while also adding a sense of fun and celebration to serious industry discussions.

Pick A Format That Celebrates You as Cannabis CEO

With social media, there are many, many formats and opportunities. For example, you can balance authenticity with strategy with serialized content. Serialized content allows for consistency and systems to be in place while maintaining flexibility enough to jump into action when there’s a particularly timely opportunity. From podcasts to video forums to tweetchats, serialized content offers a direct opportunity for CEOs to showcase their personalities and warmth, which according to Chris Malone of The Human Brand, is an essential factor in increasing trust, “There are two basic dimensions that we judge people on: competence, which is all about how your abilities are perceived, and warmth.” If your CEO is particularly witty or opinionated, live formats offer CEOs an outstanding opportunity for enhanced brand recognition.

Go where your consumers are. What cannabis CEO is going to make waves by being the first to create engaging content on TikToc or even one of the e-sports platform? There are all kinds of digital places where your consumers roam, be there, where you can actively enjoy the people and space.

 

Open the Kimono To The Press

Simply BEING a CEO isn’t enough to develop ongoing coverage. In order to become a celebrity CEO, there’s groundwork to be done.

Prepare Yourself

Show up for the interview on time and prepared. Be clear on what you’ll say, identify a couple of key quotable statements you don’t want to miss and yes, review the journalist’s past articles to get a sense of their voice and depth. When the article is published, be sure to send a thank-you note and make sure your social media outlets share them.  Get yourself ready with a variety of professional headshots and lifestyle shots that showcase how your CEO embodies the brand.

As CEO, you should be ready to share your availability with marketing and PR. When traveling for business, strategize with your team about how you can capitalize on the time your in that city. If you’re traveling for pleasure, stay a day or two extra and give your team ample time to set appointments for you.

Invest in media training, get really good at driving the conversation where you want it to go. Learn how to handle the toughest of questions with elegance and grace. Learn what circumstances produce the best outcomes for you and make yourself available for those oppotunities. For example, some people just don’t do well in person, so pursue opportunities that are over the phone, get comfortable with industry journalists so you can develop some mutual trust. Develop in-person opportunities over time and in settings where you feel comfortable.

Don’t Buy Into Your Own Press

“Fame is other people’s perception of who you are,” said Oprah Winfrey. “In order to remain true to who you are, you have to be aware of it, but you can’t buy into it.”

Stay grounded. For CEOs starting out on the celebrity endeavor, take a step back and treat all journalist opportunities like they are the most important you’ll ever do. Remember that journalists are a tight-knit crowd and if your cannabis CEO isn’t warm or inviting and interesting, word gets out. More importantly, you never know where that journalist will land. Be kind. Be respectful. Be humble.

Lean In on Warmth & Wit

CEOs don’t have to be flashy, they DO have to be open and wise. Linton wasn’t a particularly dynamic speaker, but he always had something interesting to say and he said it with the confidence and authority that left everyone hanging on his every word. He knew his strength and he exercised it.

An excellent example of this is Bruce Linton who was famously ousted from Canopy in July 2019. Linton had been making the speaking circuit and made himself available for comment to press, for the better part of a year, and it seemed no publication or conference was too big or too small for him to share his perspective.

Linton’s availability worked in his favor as his ousting was big news, but Linton wisely got out ahead of the story and used his visibility to tell his side of the story. It’s not just that he got out ahead of it either – he handled the entire situation with class, he was forward-looking and resisted any temptation to slam his former employer.  All this worked out well for his next employer Vireo Health who got a healthy 26% stock bump after naming him CEO.

What’s interesting is a good look at this Google Trends report, which starts in 2016. You can see that Linton was already taking his position as CEO seriously even then, the groundwork was being laid. Even before his firing, you can see that the hard work is starting to pay off. The spike is obviously the news that he was let go, but most interesting is that Linton never took his foot off the gas and searches for him remained high even after his firing:

The Number One Tip for A Celebrity CEO

Planning. Don’t launch a celebrity campaign without using all your resources in marketing and PR. It’s a great idea to have a mix of trusted resources and new people who can see the forest through the trees. By now, CEO, you know who you are, lead your team of advisors by being transparent with them about your strengths and weaknesses. There’s no one who wants you to flop and starting out on the right foot will enable you all to succeed in this very exciting opportunity.

As of today, there are 108 cannabis business tradeshows and expos around the world listed on our conference resource. It’s near impossible to go to them all and more importantly when you choose one, how do you turn an event into a consumer or cannabis industry PR opportunity?

 

We’re coming up on the annual big daddy of cannabis conferences: MJ Biz. It’s easily the largest single show in North America. If you’re planning on exhibiting, you might be thinking about how you’ll stand out and get PR at MJ Biz. Lean on your cannabis pr agency to turn your next conference into a cannabis event marketing opportunity. Since you’re spending significant time, energy, and money to be at a tradeshow or conference, it’s really important that you maximize the investment. The very last thing you want to do is walk away from a cannabis tradeshow wondering if it will make any impact on your bottom line. There are multitudes of reasons to go to cannabis events and conferences, mainly because the networking with thought leaders, colleagues, and clients, (more on that later), but be clear on how why your strategies. Little known tip: I used to be an owner for an industry trade show, so I’ve seen how even small companies can become great with some elbow grease and creativity. I’ve seen brand leaders come out of nowhere and suddenly be the toast of the town by simply being smart about how they leverage a tradeshow.

Let Cannabis PR and Cannabis Event Marketing Work Together:

It’s critical to collaborate with cannabis PR agency on cannabis event marketing. Whether you’re doing CBD marketing or THC marketing, each of these cannabis events has a cannabis marketing and PR role to play. Regardless of what size your booth is, think about how you can and will activate on and off the floor. The obvious answer is sponsorships, which you can approach from a brand goal perspective. If your goal is simply awareness and you can afford the branding dollars, a major sponsorship can offer many CBD marketing and THC marketing benefits including SEO, cannabis business perception, and usually, some “insider and VIP” benefits. But even if you can’t afford one of the top-tier sponsorships, there are still a multitude of PR-worthy cannabis event marketing options available to you.

One often overlooked cannabis business PR opportunity: consider sponsoring a notable speaker (besides yourself) for a session that will drive mentions and press for far less. Maybe sponsoring a section of the floor makes more sense or work with the conference organizers on an off-the-floor event value-add (who is paying for the champagne at the cocktail reception?). For cannabis event marketing to stand out, it’s not enough to sponsor, be thinking about the value of “word of mouth,” and activations that will be memorable and get people talking. This is where your PR agency can help you develop cannabis event marketing strategies that fit well with your brand development and PR budget.

Employ Big Fish/Small Pond Cannabis PR & Cannabis Marketing Strategies

What if you need to hit one of the larger shows, but you feel overwhelmed by the multitude of choices that aren’t tier 1 tradeshow or conferences? This is a great time to dig deep and choose another tradeshow or expo which you’d like to own. Owning the conference at a regional conference may well provide more cannabis branding and marketing benefits than being in booth 2067 at the largest conference in the country. Don’t let your FOMO dictate your cannabis marketing and cannabis PR budgets – be strategic about what you’re planning on doing at each conference. Be clear on the objectives and stay laser-focused on supporting those strategies.  Bring together your cannabis marketing and cannabis PR firms (if they’re different) to view each conference through an ROI, press, and word of mouth opportunity and stack rank your options.

Host Your Own Cannabis PR-Worthy Event

The cannabis industry loves to network. We’re tied to one another navigating this wild-wild west and we know: personal connections, trusted collaborators, friends, and partners make all the difference.

You don’t need a celebrity to earn media at your event (it doesn’t hurt though), but you do need to consider creative options. Gone are the days when simply providing THC and CBD samples are enough to pull together a crowd.
What can you do that’s on-brand to activate the space?
Is there a space that’s noteworthy in your area?
Can you partner with a nonprofit?
How can you create synergies between your brand and the press?
What access can you provide the press?
What insider opportunities can you give them and your most engaged customers and clients?

Shhhh…My Most Important Cannabis Marketing & PR Tip:

My insider tip on how to turn your own cannabis event into a cannabis PR worthy opportunity? Look around at what everyone else is doing – and do something else. Be the first, the original, the most fun. Be something notable, and it will earn you press for days. Cannabis industry PR agencies are usually particularly great at developing ideas that will capture the imagination of the “been-there-done-that press.” If your existing cannabis PR firm is anything like us – they have a few ideas they’ve been dying to deploy. Here’s a bonus tip: if you don’t have a big budget, don’t make your event do the heavy lifting during major seasonal or industry blow-outs. A great cannabis event marketing strategy is to hold an event during a “downtime” in the industry, which will invigorate and inspire your stakeholders, press, and customers.

What Does PR Do?

There are more ways than ever for brands to communicate directly with prospective customers, investors, and stakeholders. Along with traditional marketing platforms like TV, radio, print, and billboard advertising, alternative methods such as social media and YouTube give companies even more ways to tell their story to their audience. Also, new data tools let you target that message with a level of precision that would have been unthinkable in the past.

And yet, there are still limits to what traditional advertising, and even social media can accomplish. Being so exposed to the constant deluge of marketing and advertising around them has made many consumers skeptical of most brands. One study from Ragan found that 86 percent of TV viewers skip or ignore ads, 44 percent of direct mail is never opened, and 91 percent of email users had unsubscribed from a company email list that they had initially opted into.

What’s more, consumers are becoming much more selective about which brands they support, and are increasingly shifting toward brands that are more involved in political or social causes. Unlike in the past, new research shows that consumers want brands to get involved in social issues. The 2019 Edelman Trust Barometer shows that 67 percent of employees expect their employers to take a stand on issues that employees care about.

Edelman also found that 71 percent of employees believe their CEO should respond to social and political challenges. This follows trends among the public, as 76 percent of everyone surveyed by Edelman said that CEOs should take a leading role in addressing society’s problems instead of waiting for governments to act.

However, while more people are expecting businesses to get involved in political causes, skepticism remains about many brands’ intentions. This is especially true when it comes to younger audiences, a core demographic for many brands. A 2018 report from the research agency MediaCom found that 37 percent of teens age 16-19 were skeptical of the claims brands made about the causes they support, and 69 percent of teens said they believe brands overstate their support for charitable or social causes.

 

How PR Can Help You Reach Even More People

How can brands counter this entrenched skepticism to persuade new and existing customers? One tool you may not have considered is public relations. With so many more ways for brands to spread their own message to consumers, many companies have neglected the value of PR. But if building trust authentically is what you’re after, then you can’t ignore what a well-crafted PR campaign offers.

If marketing and advertising are the tools brands use to tell their story, PR is the art of getting others to tell that story for you. While it may seem counterintuitive for brands to put their faith in having other people tell their story, there are benefits from good PR that can’t be matched by marketing and advertising.

First and foremost, we’ve already noted how consumers have become increasingly distrustful of the messages they get directly from brands. PR circumvents that issue by having a third party mediate your message. There’s an element of faith involved here, but consumers are more likely to trust your message if it comes from a brand they already trust.

 

How Can I Be Sure That PR Works?

There’s already plenty of data to back up these claims. The Content Marketing Institute found that 70 percent of consumers prefer to get information on a company from articles as opposed to ads. This is even more true among businesses; CMI also found that 80 percent of business decision-makers prefer to learn about a company from articles instead of ads. Lastly, HubSpot found that Millennials are 247 percent more likely to be influenced by blogs and social media than by traditional advertising.

Brands who take advantage of what PR can do have an advantage over those who ignore these potential benefits. Getting articles about your company into trustworthy publications will generate more engagement and goodwill than even the strongest, most effective ad campaign. For brands that are purpose-driven, this kind of PR is priceless.

Frankly, more brands should be promoting themselves as values-based and purpose-driven. It’s a good business strategy; the MediaCom report we mentioned above found that 54 percent of the teens surveyed said they had bought from or intentionally avoided specific brands because of their ethics and values. MediaCom also found that 63 percent of teens said they were more likely to buy from a brand that supported causes or charities that the teens cared about. But consumers hold brands to high standards, so it’s important that companies back up their words with concrete actions and policies.

This is another area where an experienced, innovative PR team can help in ways most marketing teams can’t. A PR campaign will help you shape the narrative around your company, its mission, and its goals. Furthermore, a PR firm can help your brand solidify its position and clear up any misconceptions by putting the right information where your audience will see it.

How Avaans PR Can Help

Avaans Media has a strong track record of helping brands tell their story in an interesting, creative way. Take our work for a hemp-based wellness brand. We had our work cut out for us with this campaign, as we had to establish the validity of hemp-based products in the consumer packaged-goods space despite skepticism from many prospective customers. But by harnessing our media contacts and crafting a campaign across a range of business, science, and lifestyle publications, we were able to place more than 200 stories about our client over a period of three years, averaging five stories every month.

Ready to find out what PR can do for you? Contact us here. 

 

How should companies prepare for cannabis PR in 2020 with an ever-changing media landscape? While the cannabis industry shows no sign of slowing down, the media landscape has seen some dramatic changes in the last year, and that affects even the cannabis industry.

According to Business Insider, 3,200 people in media have lost their jobs so far in 2019. Buzzfeed, Entreprenuer, CNN, and Vice are among the notable media brands who cover cannabis who have also laid off talented journalists. These layoffs are a gut punch to our journalist colleagues, but they also impact the ability for these outlets to cover longer features, which makes it a gut punch to our clients as well. Cannabis PR continues to be an important part of becoming an industry leader, but this pressure on media in general is surely felt within cannabis.

Layoffs aren’t the only challenge PR-seekers will face in the next year. PR in 2020 will be affected by the election. We’re already seeing writer and editor reassignments to cover the race. Brands will be faced with either jumping on the news cycle or defining the news cycle; the answer to that question will be unique to each brand. Breaking news will likely happen weekly in the later half of 2020, that means anything not immediately time sensitive from a truly newsworthy perspective will need a longer lead time and take longer to publish.

Longer Timelines

Journalists and editors are a resourceful bunch and undoubtably, we’ll see some great talent eye the cannabis industry as an opportunity. Numerous outlets are adding cannabis editors and writers, but those writers will be fighting for space and attention because of the news cycle, effecting PR in 2020. Also, for national outlets, the cannabis desk won’t be terribly deep, so if that writer is out sick or there is breaking industry news, there won’t likely be much depth to the cannabis desk to cover additional stories.

Where just 5 years ago, cannabis publications were themselves considered niche, we now have cannabis publications who target very specific and engaged audiences like Broccoli does for women and Double Blind is for psychedelics. Both these gorgeous publications are print forward but do not issue on a monthly basis. Expect to see more super niche publications make their way to our PR in 2020.

Breaking national news will also impact feature pieces and your breaking news. Before you announce something, take a deep look at what’s happening in the industry so you can plan accordingly. Of course, sometimes news needs to break, investor announcements for example. In this case, there are strategies to employ to ensure you’re announcement gets the attention it deserves. It may require a shift in strategy, but Primo PR can guide you through that process.

This means PR planning and collaboration takes a longer lead time, especially feature pieces. Make sure your PR takes into account these timelines and shift your strategies to accomodate these longer timelines and niche publications.

Publications are changing – so is PR.

Freelancers!

Keeping up with the ever changing media landscape means writers and editors are changing careers or writing for multiple publications. Freelancer journalists can be an outstanding resources and great partners in cannabis PR, but keep in mind, they are looking for stories that will get them paid, thier job isn’t to be your marketing coordinator.

Don’t expect a freelancer to spend hours gathering data you should have on hand, make it easy for them to include media (photos, graphics, video) in their stories. If you’re unsure of what kind of content suits you, or what you’ll need, that’s the perfect opportunity to use the perspective of public relations, since we understand what the media is looking for when creating stories.

We’re consistently working with our clients to ensure they have the most media-friendly content available BEFORE we pitch a story. Have some empathy for freelancers who are often working to publish 5-10 pieces a week. We’re consistently working with freelancers, but we also work exceptionally hard to make their jobs easier, knowing they they are hustling for every word they write.

When you do get press, follow our effective media relations strategy to boost effectiveness for everyone. And don’t forget to tag the journalist, they’ll appreciate it.

Have some empathy for our freelance colleagues covering cannabis.

Integrate With Your PR

You can maximize PR by having your agencies collaborate on activations and integrations. Make your paid, earned, shared and owned media work together. Events, advertisements and even your website can often turn into PR opportunities, but only if PR has a seat at your planning table. Keep PR part of your strategic planning and maximize your spends. We’re cannabis PR experts- we often see opportunities that can make your investments work double time.

On a daily basis, we may be collaborating with a client’s branding agency, their media buying agency, and social influencers. Over and again, we find collaborating with agencies creates a better branding experience for our client and better press opportunities for them as well.

This goes for SEO as well. Public relations can have a huge impact on SEO from custom content to news releases, we’re always keeping an eye on trending searches so we can help publications AND our clients maximize eyeballs.

Editorial and Advertising Together

It used to be that it was verboten for editorial and advertising to collaborate. But publications today are finding new and creative ways to help boost their bottom line. Given the media landscape, it’s not surprising. Sponsored content, when well written and editorialized, can be an extremely effective tool for cannabis PR. The key to sponsored content is to think like a journalist and deliver a story rather an a marketing brochure.

Some brands are even taking a page out of MedMen’s strategy and like Ember, creating lifestyle publications for themselves. There are multiple ways to implement this strategy; some publications will, for a fee, run part of or the entire publication on your behalf. Content doesn’t have to be generated in-house, journalists and PR writers can help keep the content on par and on edge, while delivering value to both the brand and the reader. Owned publications are also an outstanding way to add extra value to your business partners while creating an effective newsroom for your brand.

Navigating These Changes

Team Primo PR is ready for these changes and anything else that comes our way. One of our key values is remaining nimble, because dynamic landscapes demand it – that’s our job. We’re already planning on doubling down with strategy and distinctive stories that will set our clients apart in the news, even with all these changes. We’re working directly with journalists on pieces that are slated for publish at the end of the year – RIGHT NOW. As you look forward to your 2020 plans, keep the dynamic nature of industry and the national news in your planning process. It’s not too early to start strategizing for 2020’s PR changes because one thing is for certain: change.

Resources Mentioned In This Post:

Business Insider: Media Lay Offs
Broccoli Magazine
Double Blind Magazine

Cannabis Marketing Stats that Help You With Your Cannabis Marketing Budget

You can see the Turning Cannabis Event Marketing into Public Relations Opportunities changing daily and yet we haven’t even reached anywhere close to a zenith in cannabis purchases. It’s easy to be lulled into thinking that a growing market allows you to limit your marketing budget. Unfortunately, no. Despite the growing businesses, success in the cannabis industry is no sure thing.  So how can you take advantage of this growing market by really developing a foothold?

Establishing your brand and investing in marketing is going to be the difference between success and failure in the cannabis industry.

The cannabis industry is growing, but you need to establish your brand and foothold now to ensure you’re able to withstand the inevitable maturation and consolidation of the industry as regulations ease.

Fundamentally, the wine market is a great comparison to the Why Cannabis Brand Trust Matters More Than Ever because it’s an industry built around an agricultural product that’s highly regulated. There’s one glaring difference between the two: wine is a mature product, the market is educated about it and those who drink wine, know they like drinking wine. Drinking wine carries with it a certain life-style sophistication that some people aspire to, in other words, it’s a lifestyle product. Wine companies know investing in branding can make all the difference because the market is highly competitive and they generally budget 15%-20% of sales for marketing, this is a mature product with an established brands.  You’ll notice in the below infographic that recreational cannabis is larger than wine sales, but cannabis sales haven’t even remotely become mainstream or moved past the “stoner” lifestyle image. If you’re marketing to a “stoner” culture audience,  then perhaps you can develop a budget that’s on the low side, but if you see only 10% sales growth, you’ll know what to expect.

But if you’re hoping to capture some of the market that lives beyond the “stoner” audience, then you’re going to need a bigger budget and you’ll need to think like a lifestyle marketer. You can bet that the cannabis industry is going to get incredibly competitive as time goes on. Establishing your brand and investing in marketing is going to be the difference between success and failure in the cannabis industry.

What should my cannabis marketing budget be?

Setting cannabis marketing budgets is no easier (in fact, it may be harder) than doing so for other industries and this is because of the multiple variables impacting this decision-making. We present these stats to you as a guideline to determining your marketing spend vs. sales growth.

Basically, ask yourself how much you want to grow and allocate an according percentage of your budget to the growth. You can’t expect sales to grow 100% with a 10% marketing budget. It may happen, but the more likely scenario is that by the time you realize it isn’t going to happen, you’ll be boxed into a budget that doesn’t support the other expenditures you made in anticipation of growth.

Your mileage may vary and we’re happy to talk to you about your specific niche in the industry to help you develop a plan if you don’t have one at all. Keep in mind if you’re in launch mode, your PR and marketing budgets should be on the higher side, which pretty much applies to almost every cannabis brand today.

Something else to consider are the advertising limitations facing the cannabis industry. Depending on your actual product, you may not be able to buy ads on Facebook and Google. Does that mean you shouldn’t have an advertising budget? No, it actually means you’ll need to reallocate what would be an ad budget to something else, perhaps social media marketing and community building or content marketing or public relations.

Understand this: if you don’t feel comfortable allocating this kind of percentage to marketing, it doesn’t mean you should pack up your bags and quit-it just means your progress will go slower and you should have realistic expectations.

How Long Will It Take for Marketing Efforts to Deliver Results?

There are numerous variables in the answer to this question. Including your customer, your product and your previous efforts. Let me assure you, with the right budget, all things are possible.

Marketing, PR and branding efforts all work together and they tend to compound, especially in the early days. The more marketing you do, the earlier the ball will start rolling.  You can do yourself some favors by tracking metrics along the way so you know you’re hitting the right mix of marketing and that your marketing dollars are being optimized. Consistency is key in marketing and PR, so plan for consistency with bursts of activity around your strategic sales times.

All that to say this, the bigger your budget as a percentage of sales, the faster you’ll see sales grow, so if you’re in a hurry, budget accordingly.

 

Cannabis Marketing Stats That Matter

cannabis marketing budgets stats