How MedMen CMO is Pioneering Marketing for the Cannabis Hyper-growth Category
How do you market a category that has almost no historical consumer behavior data, no precedent on best practices, an outdated stigmatism of shame and is still illegal in many states as well as Federally? Well, that’s exactly what David Dancer, CMO of MedMen is on a mission to do.
MedMen is one of the largest cannabis retailers globally – founded 10 years ago and valued at two billion dollars annually – but only recently opened retail stores after California legalized cannabis for adult use. MedMen has already seen exponential growth in the short eight months with David leading the charge. He’s creating a robust CRM system, leveraging incoming retail customer data and newly-launched qualitative studies, navigating the complexities of media outlets and publishers – all while growing his team from around 15 people to likely 50 over the next few months.
David’s diverse background in financial services, regulatory, retail, ecommerce and HR make him a perfect fit for his dynamic role, but he didn’t accept the position without first talking to his personal board of directors to get their perspective.
David is also uniquely qualified to lead the psychological transformation of the category, inviting its consumers to come out of the dark shadows and find a warm, welcoming environment where they can shed any sense of shame. He’s extremely familiar with battling negative stigmas in his personal life, and now serves on the board of GLSEN (Gay Lesbian Straight Education Network) to help create safe schools that are free of bullying and harassment for LGBTQ students.
Tune in to hear more from David on this fascinating new category and the unique marketing challenges he is conquering with pride.