Cannabidiol Marketing Strategies in the United States: An Analysis of Three Prominent Companies
Document Type
Journal Article
Publication Date
9-27-2022
Journal
Cannabis and cannabinoid research
DOI
10.1089/can.2022.0080
Keywords
cannabidiol; cannabinoids; marketing; public health policy
Abstract
The popularity and market for cannabidiol (CBD) products have expanded. Using Numerator advertising data from 2017 to 2021 regarding three popular CBD companies in the United States (Charlotte's Web, Green Roads, Medterra), we examined (1) general advertising characteristics (e.g., media channel, year); (2) ad content (i.e., themes of headlines and imagery); (3) themes of prominent sources (i.e., specific websites, magazines, etc.); and (4) ad expenditures. Across companies during the study timeframe, there were 475 unique ads (i.e., unique content), 4767 ad occurrences, and $1,471,944 total expenditures. Charlotte's Web accounted for the greatest proportion of unique ads, ad occurrences, and expenditures (53.3%, 62.8%, and 70.3%, respectively), followed by Medterra (40.4%, 33.9%, and 28.5%) and Green Roads (6.3%, 3.3%, and 1.2%). The largest proportion of occurrences and expenditures were via online display (83.5%, 54.8%), followed by mobile (15.9%, 24.8%) and print (0.4%, 20.1%). Per ad occurrences and expenditures, ads prominently featured headline themes focused on brand/trust/quality (27.5%, 18.3%, respectively), wellness (17.5%, 17.7%), pain/sport (9.9%, 20.0%), and promotions (13.2%, 11.6%), in addition to visual themes of the product itself (74.3%, 78.5%) or with women (5.3%, 10.0%). The most prominent source themes were focused on health/wellness (21.0% of ad occurrences, 18.1% of expenditures), followed by other websites and search engines (18.3%, 11.2%), news/weather (12.9%, 21.3%), and entertainment/lifestyle/culture (12.6%, 28.0%). Despite some distinctions between companies, ad and source themes were similar. Regulatory efforts must be informed by ongoing surveillance of CBD marketing and how specific consumer subgroups are impacted by marketing exposure.
APA Citation
Berg, Carla J.; Schauer, Gillian L.; Cavazos-Rehg, Patricia; Romm, Katelyn F.; Wang, Yan; Wysota, Christina N.; Duan, Zongshuan; and Henriksen, Lisa, "Cannabidiol Marketing Strategies in the United States: An Analysis of Three Prominent Companies" (2022). GW Authored Works. Paper 1587.
https://hsrc.himmelfarb.gwu.edu/gwhpubs/1587
Department
Prevention and Community Health