SXSW 2021
Bridging the Gap - Entertainment and Cannabis
Description:
This session will focus on how entertainers and entertainment assets can effectively leverage their platform and audience into the cannabis and hemp marketplaces, whether through endorsement, investment, or activism. Celebrity endorsements have long served as an effective marketing tool for brands looking to reach large target audiences. For traditional industries, celebrity or influencer backed products or endorsements lead to immediate sales, and there's little risk for the celebrity or the brand in terms of backlash. However, the cannabis industry not only remains federally illegal, but occupies a polarizing space in the realm of public acceptance, and celebrity brands to-date have been viewed as inauthentic, illegitimate, or uncool. We have a unique opportunity to bridge this gap.
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Takeaways
- How can managers or agents effectively leverage a client's platform and audience into the cannabis and hemp marketplace?
- How can involvement in social equity initiatives ensure a celebrity-backed brand can pass the "smell" test of cannabis consumers?
- How do you select the right brand or business for a client to partner with or invest in?
Speakers
- Jeffrey Welsh, Partner/ Co-Founder, Partner - Vicente Sederberg LLP; Co-Founder - Composite Agency
Organizer
Jeffrey Welsh, Partner/ Co-Founder, Vicente Sederberg LLP/ Composite Agency
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