M3 Today Magazine M3 Today Magazine Spring 2019 | Page 7

CANNABIS NORMALIZATION The Path To Cannabis Normalization Depends On This WITH: MICHAEL HAYFORD, CHIEF EXECUTIVE OFFICER OF LIGHTHOUSE STRATEGIES, LLC MENTION THE term “discreet cannabis consumption” and most people imagine heading out to a park in the middle of nowhere or huddling under a bridge somewhere to smoke. In the current world, however—the one where public opinion (and even government opinion) is largely shifting toward full legalization— there is a need for consumption options to become more normalized than they have been in the past. While extremely important to consumers, the truth is, discreet consumption is just one component of the formula needed to reach normalization. Controlled dosing, consistent experience, and easy integration with daily regimens are also essential to laying the groundwork for consumer trust—and consumer trust is where normalization happens. As we already know, the traditional image of marijuana consumption still suffers from negative overtones and associations. Given its status in much of the world for most of the last century, this comes as no surprise. Public perception has largely been one of shady back room dealings and “stoner” comedy-type businesses. The popular stereotypes associated with this image are dirty, unreliable, and of dubious origin. But with CBD grabbing headlines, and consumers seeking more health and wellness options in a challenging healthcare market, perceptions are changing. Acceptance is expanding. And the “cannabis curious” consumer is new to the game. Today, there’s a wave of legalization sweeping across the country, and the cannabis industry is exploding into wellness and recreational product categories. >> 7