Retail is all about who you know. If you're a supplier, you try to form solid relationships with good vendors. If you're a vendor, you’re looking for great retailers.
The cannabis industry is no different. To get into the market, brands and retailers need a venue to build connections so they have a better chance at surviving and thriving.
One option is a trade show where organizers curate content to meet the market's current needs. That includes providing entrepreneurs the opportunities to meet the right people and access the right information.
Trade shows have evolved since the legalization of cannabis, as the products are treated more as consumer packaged goods. Trade shows may start looking similar to other shows where vendors exhibit their items. (Think: The Fancy Food Show or The Natural Products Expo).
In the latest episode of the CannaBiz Success Show, I sat down with George Jage, CEO of Jage Media, founder of the popular MJ Unpacked conferences for those operating within the cannabis industry.
As a leader in the events space, George shared valuable insight into the importance of leveraging trade shows to form partnerships and how his team creates the ideal environment for these professional connections to occur.
Often, events have no barrier to entry: anyone can buy a ticket and attend. But MJ Unpacked limits attendees to licensed operators with the title "manager" or higher and accredited, active investors in cannabis. This move means that everyone in the room is a decision-maker who is actively driving the industry forward, and attendees, like smaller business owners, can get a better shot at connecting with these more prominent industry players.
"We want the pioneers," says George, "the people that are leading the charge in this industry and bringing them together in the most meaningful way to concentrate and create efficiency around their time to have the most meaningful conversations in the shortest period of time."
To learn more about how to form and leverage partnerships to achieve business growth in the cannabis industry, check out the podcast:
https://lnkd.in/gSwDxDi7