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E-COMMERCE: HERE COMES THE CANNABIS INDUSTRY

Posted Saturday October 12, 2019 8:25:36 AM EDT

E-COMMERCE: HERE COMES THE CANNABIS INDUSTRY - “Attention Shoppers: Internet Is Open” the title of a 1994 New York Times article that encapsulated the moment when Phil Brandenberger of Philadelphia used his credit card to purchase a compact audio disk “Ten Summoners’ Tales” by Sting on August 11, 1994. This historical moment not only cemented Brandenberger’s place in cyberspace history, but also introduced the birth of a new type of shopping
mall – the cyberspace mall. This new medium of online transaction emerged from encryption technology and is known as E-commerce. E-commerce promised to revolutionize consumers’ shopping experiences and reformulate traditional business practices.

Like a fighting Spanish bull, E-commerce charged into the socio-economic consciousness of consumers and businesses and permeated every
facet of commercial activity in national and international marketplaces. Since its 1994 inauguration, E- commerce experienced exponential growth with unbridled voraciousness, which heralded in the beginning of the cataclysmic demise of many longstanding brick-and-mortar business giants, leaving a messy trail of mega-corporate vestiges.  E-commerce transformed consumers’ shopping and companies’ marketing experiences and promised to impact every foreseeable industry. Consumers are no longer confined to shopping centers for their favorite products, and companies are no longer relying on traditional marketing apparatuses. At any time of day, consumers can easily turn to their smart devices, scroll, add to the e-cart, preview, review and place an order for the desired product, which will appear on their doorsteps in a matter of days, if not hours. Companies of every ilk have also jumped onto this E-commerce bandwagon to move their products and accumulate relevant marketing data. Internet surveys laden with consumer data provide precise information on consumer habits such as spending, tastes, likes and dislikes, which is useful to predict consumer demand for products. Thus, if a company fails to incorporate E-commerce in its business plan, it’s a sure recipe for financial catastrophe for that company. The new and burgeoning cannabis business is no exception.

CANNABIS GOES E-CORPORATE - No longer is cannabis a seedy underground business of yesteryear. The cannabis industry has survived decades of pejorative governmental attacks and attempted assassination by major businessmen and their conglomerates who viewed cannabis as an economic threat to big business. Cannabis business has now prevailed into a legitimate corporate enterprise as more and more states have legalized cannabis for Medicinal and/or Adult-Use, and public perceptions have shifted into a positive light. Accordingly the need for E-commerce in the corporate cannabis industry is unequivocal.
In the cannabis employment sector, for instance, increasingly more and more cannabis freelancers utilize E-commerce as a means of conducting business with their clients. In the cannabis consumer sector, consumers can utilize E-commerce to shop for their desired cannabis products. E-commerce is
also crucial in the international trans-border cannabis trade sector. E-commerce is an important facet of many publicly traded Canadian cannabis companies engaged in international business transactions. They deem that E-commerce is an essential vehicle by which to trade, not only with its American neighbors,
but also with other international countries that are engaged in the cannabis industry. Like it or not, Cannabis is going E-corporate.

O CANADA, WE STAND ON GUARD FOR THEE - As the impact of globalization permeates international businesses, cannabis business bears no exception
in the inevitable use of E-commerce to conduct business in cyberspace. With laser foresight, the Canadian Federal government has responded by legalizing cannabis for Medicinal use, thus setting the stage for cannabis companies to utilize E-Commerce platforms on the international stage. Shopify, an Ottawa-based company, has begun the sale of cannabis on their website with a caveat, however, that  companies must validate that they can legally sell cannabis in their own country. The United States Federal government, unlike Canada, has woefully lagged behind its neighbor’s forwardness and has failed to act to legalize cannabis despite the legal trajectory that it was on. Thus, the status quo remains in the U.S., and cannabis is still illegal at the Federal government level and deemed a Schedule 1 drug. Despite the legal ambiguity in the U.S., cannabis is here to say and will not recede in the shadows of the past. In fact, it will move forward to take its place into the socio-economic fabric of the American society. Accordingly, the U.S. cannabis business, like Canada, will stand on guard as cannabis takes its
shape into the enclave of cyberspace malls throughout E-commerce platforms as cannabis consumers shop to their hearts’ content for their favorite cannabis delight.

BANKING SOLUTIONS AND E-COMMERCE - Like any other industry, E-commerce will play a vital role in legitimate cannabis businesses. Although
potentially lucrative, cannabis businesses engaging in E-commerce face insurmountable challenges due to prohibitive federal regulations on banking and cannabis. Banking rules and regulations are prescribed by federal government and as a result, cannabis businesses are stymied in its banking and payment processes, which are an intrinsic part of any business including cannabis. Considering prohibitive federal laws, cannabis entrepreneurs are forced to turn to alternative options to solve their payment processing dilemma. Some cannabis businesses engage the services of electronic payment hubs using smart
devices. Some encourage customers to create pre-enrolled cash deposit accounts which would enable customers to make payments for cannabis products on their Internet market place. Regardless of the payment processing option, these alternative payment solutions can provide useful marketing information. For instance, once these payment solutions are used by the consumers, important data  can be yielded and used to predict marketing and advertising strategies, business projections, and consumer demand and retention among other business analytics.

E-COMMERCE AND CANNABIS DELIVERY SERVICES - A beneficial symbiotic relationship exists between the cannabis consumer and cannabis businesses
engaged in delivering products to the consumer. Yet the transportation and delivery of cannabis products present another problematic area for cannabis businesses engaged in E-commerce. As a federally banned product, the delivery of cannabis is prohibited throughout the U.S. postal service. Consequently, ancillary delivery businesses have begun to pop up to provide delivery services to consumers. Fortunately, some California cannabis businesses are at the forefront of utilizing Uber-like delivery services like those used in Canada. Through E-commerce platforms, customers may purchase their product while a delivery staff delivers the product to the customer. On one hand, the consumer gets his or her product delivered unencumbered, and on the other hand, the cannabis business entrepreneur gets vital marketing information that could be used to target sales based on consumer demands for cannabis products.

E-COMMERCE AND THE CANNABIS TREND TODAY - Although the cannabis industry is making leaps and bounds in the economic marketplace, very few E-
commerce sites presently exist in cyberspace. As the industry expands and matures, there’s an inevitable shift in the cannabis space into an E-commerce marketplace. In fact, as cannabis businesses begin to wander into this new E-marketplace, they will be in an advantageous position to compete, and at the same time, harvest important marketing information that would position their company for economic growth. Undoubtedly, there will be a shift, and E-commerce will be the standard marketplace for cannabis consumers in the future.  

The article was by Ann Marie James, Esq.; Contributing Editors Ayanna Rutherford; Lyle A. Bogorad, Esq.
Contact Lyle A. Bogorad at lyle@chromaticlouds.com, 917-678-1273.

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This video is unavailable. Sorry about that. Watch Queue Queue Watch Queue Queue Remove all Disconnect The next video is starting stop Loading dunnaswu. replica watches online uae... Watch Queue Queue __count__/__total__ Luxury Watch and clock The French watch industry – A quest for renewal Europa Star WorldWatchWeb, 8 April 2005    Antoine Menusier Already a conflict marks the beginning of the year for the French watch industry. The affair is half funny but half bitter. A whole economic sector is up in arms against a cellular telephone company named SFR. What is all the fuss aboutı SFR recently launched an advertising campaign that certain people feel portrays the watch in an unfavourable light. Since the scene of the crime is France, these same people imagine that the tri-coloured timepiece’s reputation is at risk. The result is a vigorous and vociferous reaction by the French Watch, Clock and Micro-mechanics Manufacturers’ Federation (CFHM), which has decided to bring the perpetuators of this timely crime before the courts. In a recent advertising campaign, the SFR employed some rather strange techniques to get the message of its low price calls across to the consumer. One of its posters proclaims ‘30 centimes per call, time no longer counts’ and beneath the slogan is a picture of watches and a comptois clock being sucked into a vacuum cleaner like rubbish. Other campaigns have a similar visual message using watches. “This is too much,” said Patrice Besnard, the head of the CFHM. “It is very degrading and unfair,” continues this seemingly jovial man who is also as stubborn as a mule when the issue is important. “Never would they have represented the watch in such a demeaning manner in Switzerland. We are going to show the SFR what we think of this and what we are made of. They will think twice before denigrating the watch sector again.” CHRISTIAN BERNARD, DANIEL HECHTER & PACO RABANNE Insulting French manufacturers Why am I talking about the affair in this Market Reportı It is perhaps because it is quite revealing. As Patrice Besnard says, a Swiss mobile telephone company, or any other Swiss company for that matter, would never have risked such an obvious insult to its nation’s watch industry. This raises two issues or questions. Why did it happen in France when it probably would not have happened elsewhereı Why does the CFHM feel so targeted and threatenedı Two questions with two different explanations, and I am not sure either answer is politically correct. First of all, the watch in France does not have a sacred aura. It is symbolically, and we must say politically, a less important product than the country’s perfume or its haute couture. To the average consumer, French watches are not the Olympia that Swiss watches are. They are quite simply less prestigious than their neighbours, thus making them less respectable and respected. This is the hard law of the ‘image.’ Ask someone from Paris or Bordeaux or Marseilles to name five brands of watches and he will most undoubtedly name five Swiss brands. If that list happens to include a French brand, it will certainly be because the person did not know the watch was French. Secondly, the CFHM, perhaps without realizing it, thinks the watches in the trash heap of the SFR’s ads are lower ranged French watches. In fact, it is this segment of the industry, in other words, the lower-end price range - with no negative connotation implied - that is the most profitable sector of the French watch industry. With the world watch fair, BaselWorld, soon opening its doors, the stakes in terms of image are high. The CFHM and its partners, the brand owners, want to make sure that the French timepiece is treated with respect and consideration, regardless of whether it is expensive or not. There are about twenty manufacturing partners of the CFHM. Each controls its own little group of ‘house’ brands and fashion brands produced under various licensing agreements. For example, the TWC group makes Clyda as well as Adidas , Ted Lapidus and Smurf under licensing agreements. TWC is also getting ready to launch two new fashion brands: Celio et Rykiel. The Christian Bernard group, in addition to its own Christian Bernard label, makes Fontenay, Alan, and Still, plus it holds watch licenses for Balenciaga, Cacharel, Morgan and Guy Laroche . These companies are grouped together at the core of the French Watch, Clock, Jewellery, and Silverware Centre (CFHBJO). TED LAPIDUS & LIP French design With the exception of a few companies, such as Péquignet, Michel Herbelin and Alain Silberstein , these groups subcontract all or part of their fabrication to Asian enterprises, where labour is so much cheaper than in France. The CFHBJO does not include ‘Swiss Made’ brands of the ‘Place Vendôme’ category such as Cartier and others, which belong to the luxury groups Richemont or LVMH . When a company is situated – with no complexes – on the lower rung of the ladder, it is natural for them to wonder what strategy they should adopt in order to carve out a place for themselves in the global jungle of the watch industry. In this regard, the economic power of China is very menacing. “France makes about six million watches a year. The Chinese make at least 200 million,” observes Patrice Besnard with a note of resignation in his voice. This is undoubtedly only a beginning. This is also undoubtedly why the CFHM is looking into creating sales points in China that reunite French brands with a common marketing strategy based on the ‘France’ label rather than on a particular watch. This necessary strategy, one of many aimed at increasing visibility, emphasizes the ‘French touch’ in terms of design and spirit that is imbued in the watch, regardless of whether the timepiece is assembled in Switzerland as is Péquignet, or in Asia as is Clyda . We can criticize the French watch industry for not having understood, in the past, how to make its products known on an internat-ional level. However, “things are beginning to change,” notes a director of the watch organization. The charm factor is already beginning to take effect, we could say. During February, the ‘watch’ exhibition at the Galeries Lafayette in Paris was dedicated to China that was celebrating its New Year. Posters and signs with Mandarin inscriptions were everywhere. French brands, from Pierre Lannier to Saint-Honoré, as well as a number of fashion brands were on display. Among the potential clients were many from China. A Chinese man seemed delighted with the purchase he had just made: a ladies’ watch by Péquignet, worth over 1000 euros. “Ah, it is a French watch,” he said in English. “I did not know, but it is very beautiful.” Fanny Zemmam was responsible for the Péquignet stand. “Our watches are Swiss Made,” she explained. “This fact is definitely a sales argument, but so is the fact that the design is French.” So we see the famous ‘French Touch’ in action. The prices for the Morteau-based brand’s products are 600 euros and above, and for the exhibition at the Galeries Lafayette, Péquignet’s most expensive piece reached 23,770 euros. For the French watch industry, it is important for the brands to not all be positioned in the lower to mid-range. Alain Silberstein , for example, with his tourbillons costing 100,000 euros and up, is way out of the category. Péquignet & ST-HONORé Inexpensive – not cheap While those in the stratosphere are important, we also need to be realistic. To survive, French brands must sell their products. The French public buys more foreign watches than those bearing French labels. The Swiss brand Rolex and the Spanish brand Festina are at the top of their particular price ranges. Therefore, exports are essential to the health of the French watch industry, which currently sells 60 per cent of its production outside its borders. Industry results for 2004, according to preliminary estimates, are ‘stationary’, which means ‘stagnation’. This is still better, however, than the decline registered in 2003 (total turnover: 375 million euros for the overall sector including component parts, finished watches, clocks, alarm clocks and industrial devices) from 2002 (turnover: 435 million euros). In 2004, sales of CFHBJO brands increased one per cent by volume and three per cent in terms of average price. According to estimates, the relative stability of last year’s numbers includes a net increase in sales of licensed brand labels but a decline for the traditional brands. Given this scenario, we can better understand the desire for manufacturers to make ‘fashion’ or ‘sports’ watches, such as Guy Laroche and Adidas . The trend – and perhaps the future of the French watch industry – is therefore the ‘fashion’ timepiece. French because of design, and design because of being French. This is the credo of Patrice Besnard, “We find ourselves today in a climate of fashion, with a variety of lines, such as those by Herbelin or Péquignet.” The most difficult and indeed risky part of the strategy to sell French elegance at a low price is to not fall into the ‘cheap’ category. Brands tread a fine line when selling to customers from Buenos Aires to Beijing who want to wear ‘Paris’ on their wrist. A salesperson at the Galeries Lafayette commented, “The Clyda brand does especially well with Asian clients, who think that this is a watch that women will like. It is small, delicate, made in steel with gold-plating or in silver, with special features such as colours.” So, while the Swiss sell savoir-faire associated with the origins of watchmaking, France, a country with a long tradition in the art of timekeeping rooted in its Comptoise or Jurassian valleys, sells the spirit of its capital, Paris. Can we, then, still speak of ‘French Made’ in the low to mid-rangeı The answer is undoubtedly ‘less and less’ since most of the production is carried out abroad. French labour costs in the watch industry have gone through the roof with each successive economic crisis. “In 1975, there were 15,000 people employed in the French watch industry, mainly in the Franche-Comté region. Today, there are not more than 5,000. Today, we also suffer from a dearth of trained workers,” sighs Besnard. “France trains 120 watchmakers a year. This is very little.” The French production zone is located primarily near the Swiss border, but with Swiss brands offering higher salaries, they attract qualified personnel from Morteau and Maîche. CACHAREL & CLYDA French Time? What is still missing for a French watch industry in its quest for renewal, is the financial means to realize its objectives. To market and position an image around the world requires a huge investment. The Swiss have the necessary resources. The French do not, or at least not yet. Their watches are not seen on ads in the metro, the streets, in newspapers, or on television. “All that is too expensive,” says Besnard. That leaves the trade press, where a presence in terms of image is necessary but obviously not sufficient to make themselves known to the public at large. On the other hand, Swiss brands, which are often cited as examples by our French interlocutors, have developed market leaders such as Swatch and Omega , counting on the fact that they will help pull along the rest of the industry. This phenomenon does not exist in France. “It is really too bad,” says an analyst of the French industry, who calls for “shaking the dust off” the old structures. How can one hope to effectively sell a whole industry abroad with a label as obscure as CFHBJOı Since we can no longer count on only ‘French Touch’, why not invent something like ‘French Time?’ Source: April-May 2005 Issue More… Click here to subscribe to Europa Star Magazine.  Luxury Watches News » Headlines World Watch News | Watch Gallery / Latest Models | Retail World | Luxury Watch Brands & WorldWatchReport | Videos | Brand Spotlights Watch Knowledge | Brand Index | Jewellery Magazine Current issue | Past Issues Editorials | Cover Stories | Special Features Europa Star Première (French) Europa Star Watch-Aficionado About About us | Contact us | Advertiser Corner Europa Star WorldwatchWeb Terms of use | Privacy policy Europa Star, the World’s Most influential Watch Magazine, is the premier provider of international watch industry news and information. For 89 years, we have supplied watch retailers, watch distributors, watch designers, watch agents and watch manufacturers with news from the international watch industry. Our web and print publications are of interest to the specialized watch trade and the world’s most knowledgeable aficionados, watch collectors and consumers. Our magazines and websites are available in several different languages, making them accessible to all international markets and an essential tool for anyone working in the watch business and all those passionate about watches. Subscribe to the magazine | Subscribe to our free weekly e-newsletter © 2017 Europa Star - All rights reserved. breitling superocean 44 abyss mens fashion watches cheap rolex ladies watches prices in dubai breitling navitimer gmt price luxury watches brands top 10 mens designer watches uk sale copy watches for sale in uae













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e of that 18 meter extra tall poll together with his toes would refuse to move.Gradually, over the course of a month, he managed to reach a height with 6 meters, then 9.But which was his limit.His fear refused to permit his feet to transport him every higher.The actual instructors didn? capital t harass him or her.In truth, they mainly ignored him. Friday came and also the instructors handed out paychecks to all the students.Nobody handed a check to my pal.When he or she asked where his pay back was, one instructor pointed towards the very top of the pole not to mention said "I nailed this up certainly, there.If you need to get compensated, you? ll need to climb up and obtain it.? Evidentially, the need to buy food for her wife not to mention two kids was much better than his fear of heights.He retrieved his check and continued to graduate student pole hiking school not having further occurrence. Can there be some concern that? s keeping you on the floor? Is there some achievement that can be found just beyond your reach since you? re as well afraid to climb higher enough to achieve it? If that's the case, you need to take action. Concern, and it's two companions? uncertainty as well as doubt, are powerful psychological causes that hold a lot of us back via being what we should are designed to be.However, like other things that resides solely within our own memories, we possess the power so that you can overcome such forces. All it requires is the conscious decision to face our fears head on and have a look at what it is that we're really worried of.Once we understand the underlying reason behind the worry about, we can develop a plan in order to combat them.Here? s the way you do that: 1.Stop while using word "fear? replace it using the word "risk? rather. two.Examine the risk you face for the strategy you are considering and think of a plan to make sure you mitigate those people risks.This? s that easy. Once you fully understand the risks involved with your strategy, and you create a plan to minimize or cut down those challenges, your mind releases you in the grips with fear along with frees you to definitely act.Motion breeds achievement.Fear retains you back.It? s your decision. list, blog list, About uggbootsoutlet.co blog
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