Here in Oregon, the cannabis industry is fast-growing, which means that tradeshows promoting the industry are popping up frequently. I walked the floor of the Cannabis Collaborative Conference last week, meeting people and posting photos of participants and exhibits on my social media outlets, especially Instagram and Twitter. I came up with a few takeaways:
Participants are very upbeat and positive about the future of the industry, despite the federal classification of marijuana as a dangers drug, and despite the recent announcement by the DOJ that they would more aggressively target people under federal laws, even in states that have legalized recreational marijuana.
One comment came from an exhibitor, who observed that attendees and exhibitors at this particular show were more likely those who were new to the industry, wanted to get into the industry or were smaller players. “The bigger players don’t need to be at this show,” she said.
CDB (cannabidoil) is exploding, positioned as a “non-high” pain treatment. A year ago it was barely mentioned. Today in Oregon it’s seen everywhere, it seems, and is heavily promoted as an alternative to other over-the-counter pain killers such as ibuprofen and aspirin.
I managed to see a portion of one of the presentations, which was a panel discussion on the challenges that the industry faces in the banking industry. As a cash business, stores are faced with getting that money into a banking system that resists the cash because, as institutions that are regulated by the federal government, they may be punished for doing just that. No easy answers!
I see that Oregon Representative Earl Blumenauer, that supports the industry, gave a keynote addressing the Department of Justice’s decision to repeal the Cole Memo. Would have liked to see that!
From the perspective of a tradeshow marketer, I saw a mix of good, clever and creative exhibits along with those that barely were able to cobble together a printed vinyl sign backdrop. Those that I talked to were excited about their position in the industry, though, and looked forward to being able to afford more expensive exhibits in the future.
Here are a few photos from the Cannabis Collaborative Conference.