The business of legal cannabis is booming, and as interest in the cannabis industry continues to grow, it’s no wonder that a wide range of cannabis conferences are popping up like weeds. Whether you’re a small business looking to expand your reach to more customers, an entrepreneur seeking new opportunities, or a firmly established organization making your presence known, cannabis conferences are a great way to network among like-minded individuals and find new business opportunities.
However, with an industry that is rapidly becoming saturated with cannabis conferences, all of which require significant costs to attend and participate in, it can be difficult to know where to put your priorities and which conferences will be worth a financial investment. It creates a kind of redundancy–many of these conferences feature the same brands and products, creating overlap and repetition.
For smaller businesses on a tighter budget, it may be tempting to attend every convention, conference, or trade show in an effort to get more eyes on your brand, but it may be a better investment in the long term to choose three or four conferences per year to maximize your budget and your presence.
Kayla Cook, Director of Events for Privateer Holdings (Leafly’s parent company), lent us her expertise on the subject. “The cannabis conference space is a very saturated sector of the industry,” Cook acknowledged. “It’s difficult to decide which conference to attend and which one will give you the best bang for your buck.”
Cannabis trade shows are often broad and unfocused, leaving much room for improvement and opportunities. For example, at each larger conference, you can find any number of investors, growers, light manufacturers, extract makers, marketing agencies, production companies, and more. With so many specializations within the industry, some companies may benefit significantly from a conference where another may see return on investment.
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