Get In Now to Win the Billion-Dollar Branding Race in Cannabis

For years , cannabis was associated with back-alley deals after dusk. Now it's becoming as commonplace as walking into a convenience store to buy beer. That's why, as cannabis starts its next phase, branding is going to be incredibly important. It's going to separate the winners from the wannabes. The cannabis firms that get branding right stand to make early investors a lot of money. Take Starbucks - the company is an incredible branding machine. Starbucks has managed to make its name synonymous with coffee. Customers know what to expect when they walk into one of its 30,000 locations around the world. They know what they order is going to taste the same whether the store is in a suburban strip mall or in the lobby of a luxury city hotel. Because the Seattle coffee giant has earned customers' trust through branding. Incredible branding is also why the company is now worth $92 billion. For cannabis companies to be known throughout the world, it's critical for them to follow a similar branding model. They need to offer quality and consistency throughout their products and services. Smart cannabis executives know this and are working on it as we speak. While there hasn't been enough time for cannabis companies to build brands that have global or even regional recognition yet, it's coming. But there won't just be a "Starbucks of cannabis" - it goes much deeper than that. There will be companies battling it out to become the "Coca-Cola" of CBD-infused drinks, the "Apple" of must-own cannabis devices, and the "Uber" of marijuana delivery services. It's these companies that are going to deliver huge windfalls for investors. So here are the upcoming cannabis "brands" we have our eye on now... Full Story It's these companies that are going to deliver huge windfalls for investors. So here are the upcoming cannabis "brands" we have our eye on now... Full Story Tags: Marijuana Industry To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2020 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Get In Now to Win the Billion-Dollar Branding Race in Cannabis appeared first on Money Morning - We Make Investing Profitable .