Industry News: Bureau of Cannabis Control Just Published: Notices On Cannabis Advertising & Promotion

The following press release and materials were originally published September 17, 2019 by the Bureau of Cannabis Control based in California:

To All Interested Parties,

The Bureau of Cannabis Control (Bureau) recently published two notices outlining the existing statutory and regulatory requirements for all advertising or promoting of commercial cannabis by licensees and non-licensees in the state of California. Failure to comply with the requirements for advertising may lead to significant financial penalties, as well as suspension or revocation of a license.

Both commercial cannabis advertising notices can be found on the “Licensees & Consumers” page of Bureau’s website, or on the “General Resources” page of the California Cannabis Portal. The notices may also be accessed by clicking the links below.

Notice Regarding Advertising of Commercial Cannabis:

https://bcc.ca.gov/about_us/documents/19-290_advertising_cannabis.pdf

Notice Regarding Advertising of Commercial Cannabis by Non-Licensees:

https://bcc.ca.gov/about_us/documents/19-289_advertising_cannabis_nonlic.pdf

What This Means For Your Brand:

The ever changing political view towards cannabis can sometimes feel like it’s taking a step backwards, but not in this case it just means that prospective cannabis entrepreneurs must invest in serious planning. Here’s a few times on how to create and executive a clear marketing plan while still adhering to restrictions and limitations.

Know Your Customers By Knowing Your Numbers

The most important thing a company can do in order to accurately target new and existing consumers is to understand who its current customers are and how they are interacting with the brand.

This means finding ways to capture customer demographics not just emails at applicable touchpoints a customer has with a company, both online and IRL. These kinds of interactions include purchases, brick and mortar visits, social media interactions, website visits, and participation in loyalty programs or other offline events.

Understand the Power of Market Research and Lookalike Audiences

In order to grow your business you will need to reach people who are not yet your customers. Constant market research and studying “lookalike audiences” enable you to identify and market to people who most closely resemble your best existing customers.

By tracking real-world cannabis behaviors, like purchase history and dispensary visits, and marrying these attributes to a larger demographic profiles, including financial and lifestyle attributes, you can use your current customers to identify prospective customers through advanced lookalike modeling. By reaching people who are most similar to your best existing customers, you are much more likely to find new customers in a much more efficient manner than trying to reach the entire online universe.

Optimize, Optimize, Optimize

As you begin to run your digital advertising campaigns targeting your different audience segments and lookalike audiences, you will start to collect enormous amounts of data on how effective and efficient these campaigns are.

Measuring the success of these campaigns requires the ability to track engagements beyond simply clicks. It is necessary to receive full attribution data on your media so that you can understand if your ads are driving sales. Once the proper measurement is in place, experimenting with slight changes to your targeting parameters, ad design, and calls to action can have significant impacts on how effective your digital advertising campaigns are.

By collecting and comparing data from all these minor variations you can identify the optimal combination of ad attributes and targeting parameters to dramatically improve the performance of your campaigns and reduce your customer acquisition cost. 

Looking to streamline all of the above? Schedule a complimentary consultation today to create a clear, compliant and successful marketing plan for your business: ely@elyagency.com or 805-201-8050.

Ely Agency Featured In CNN Living - Press Archieve

Today’s Feature Friday is from the early days of Ely Agency when our primarily service was event planning but the articles’ key points are universal and timeless for most private events, not just weddings.

With the right innovative thinking there’s usually a way to save money on an event’s production budget. From skipping printed flyers, choosing more affordable wardrobe options for staff/BAs, and more there’s always a way.

Read the full article by Kat Kinsman on CNN here.

Newsletters Will Always Be A Powerful Marketing Tool

Sending out a regular newsletter may not be a revolutionary idea but it is an important part of every brand’s marketing and pr strategy. Newsletters serve multiple purposes all in one hit by keeping your visitors and customers updated on news, exciting topics, updates and promotions while maintaining and building brand royalty.

Major Perks To Sending Newsletters Out Regularly

  • Reward existing royal customers while finding new ones: Customers have been shown to be more likely to purchase from a newsletter from a brand they already trust and have bought from in the past. Additionally if rewarded for forwarding and/or sharing newsletters with their social network, customers often will follow through with the ask.

  • Low cost: Thanks to its email, a digital email newsletter is financially much cheaper than a printed paper version and the subsequent mailing.

  • Short-term implementation: If the mailing has to be sent on a specific date, you need much less time to prepare for it than with a print version. Even a spontaneous newsletter is possible.

  • No middleman necessary: You can direct the recipients of your newsletter straight to your website or your online store via a link. This means you can immediately track the success of your campaign with visitor and sales statistics!

  • Easy Accessibility: Because many people read their emails on their smartphone, you can reach them almost always and anywhere with your newsletter.

Contact us today for a free consultation on how newsletters can help your business grow!

Upcoming 420 Events!

Check out a couple of events our clients are having this month

Join Ashlee Langas, Founder of The Wavvy Cloud and Sacred Storytelling on 4/20 for evening of cannabis, yoga, storytelling and excellent humans gathering together.  

Doors open for the evening at 4:00pm at which point cannabis will be available for those that would like to participate, followed by the infamous Stoned Yoga with esteemed instructor Ashlee Langas at 5:00pm.  Stoned Yoga is for everyone regardless of your experience with yoga or cannabis.  

Following yoga the space will be magically converted and Sacred Storytelling will be presenting a night of stories based on our theme for the evening, Dazed and Connected hosted by Belinda Woolfson.  Expect stories that will make you laugh and cry, as 4 storytellers take the stage.  There will also be an opportunity for an audience member to share a story, as we will be pulling one name out of a hat at some point during the show!  And as always there will be incredible live music throughout the night!

TICKETS: http://consciouscityguide.com/dazedandconnected

The Hakuna Hemp Cafe will be popping up at Kushstock Festival in Adelanto, CA on 4/20 from 12PM-11PM. The festival will also feature a glass blowing competition and live demonstrations. The contest has no entry fee and there will be three different competitions with themes chosen by the public. Participants will have 5 hours to create their best work. GA and VIP tickets are available.

TICKETS: https://kushstock.life/tickets

Be a part of a special evening produced by Blaze N Jane’s in honor of 420. Thirty of the cannabis industry’s top influencers and media representatives will converse for an intimate seven course Mediterranean inspired meal prepared by Chef Pedro himself. Email hello@elyagency.com for VIP ticket and/or sponsorship info.

Press Room: HAKUNA HEMP CAFE & LOUNGE SERVES UP VEGAN CBD DRINKS & BITES AT EVENTS OF ALL SIZES

Established in 2016 by Ilan Freeman, Hakuna Supply continues to lead industry trends with its experiential Hakuna Hemp Cafe & Lounge. The nomadic Hakuna Hemp Cafe & Lounge will be popping up at various music, art and often cannabis-friendly festivals and events to provide a calm oasis for those seeking to take a breather during large and long events.

Read More