Pure Cannabis™
Pioneering the Future of the Cannabis Industry
Pure Cannabis™ stands at the forefront of the rapidly evolving cannabis industry, now distinguished by it's newly acquired trademark name. This trademark is a significant asset for any big company looking to establish a foothold in the burgeoning cannabis market. The name "Pure Cannabis™" symbolizes quality, trust, and innovation, making it one of the most valuable brand names to ever be acquired
The cannabis industry is on the cusp of a major transformation, driven by impending changes in federal regulations. The anticipated rescheduling of cannabis from a Schedule I to a Schedule III drug will be a game-changer, opening up new opportunities for research, development, and commercial activities.
This shift will not only facilitate easier access and broader acceptance but also enhance the credibility and legitimacy of cannabis-related businesses. As these regulatory changes take effect, the Pure Cannabis™ trademark will gain even greater significance, offering a competitive edge to companies that align with this respected brand.
Securing a trademark in the cannabis industry is no easy feat. The journey to trademark approval for Pure Cannabis™ has been a rigorous and lengthy process, spanning seven years. This achievement underscores the brand's commitment to compliance, quality, and excellence. It is a testament to the perseverance and dedication required to navigate the complex legal landscape of the cannabis sector.
For big companies poised to enter the cannabis industry, partnering with or acquiring a brand like Pure Cannabis™ provides an invaluable advantage.
The established trademark not only conveys a strong market presence but also assures consumers and stakeholders of a commitment to the highest standards. As the industry evolves, the Pure Cannabis™ brand will continue to be synonymous with innovation, integrity, and leadership.
Milestones
Explore our journey towards sustainable cannabis cultivation
BRANDING ADVANTAGES
A brand name can be a company's most valuable asset. It can help a business in many ways, including:
Building awareness, A great name can and will help a business stand out from all of its competitors and grab attention in a crowded marketplace. For example, Tesla's name is memorable and sparks curiosity.
Influencing customer decisions, A brand name can help customers identify, remember, and compare brands. It can also set the tone for a company and let customers know what to expect.
Inspiring Emotion
A brand name can help customers become passionate about a company and become its superfans by encapsulating the brand's core values, mission, and unique essence. This resonance with the customers' personal identities, aspirations, and emotions creates a powerful connection. When a brand name speaks directly to what customers care about, it fosters trust, loyalty, and a sense of belonging. Over time, this deep emotional bond transforms casual customers into dedicated superfans who actively advocate for the brand, share their positive experiences, and remain committed through various market changes and challenges.
Increasing Market Share
A very well-known and respected brand name can allow a company to charge higher prices for the same products, which can lead to much higher profit margins.A very well-known and respected brand name can allow a company to charge higher prices for the same products, which can lead to much higher profit margins. This is because a strong brand name carries significant perceived value and trust, instilling confidence in consumers about the quality and reliability of the products. When customers recognize and respect a brand, they are often willing to pay a premium for its products, believing they are superior or more prestigious than those of lesser-known competitors. This brand loyalty reduces price sensitivity, allowing the company to maintain higher price points. Consequently, the company can enjoy increased revenue and profit margins without necessarily incurring higher production costs, ultimately driving greater financial success and market competitiveness.
AdvisorShares, a firm specializing in exchange-traded funds (ETFs) and investment products, would want the Pure Cannabis ™ trademark because it represents a strong, recognizable brand in the cannabis industry. By associating with Pure Cannabis ™, AdvisorShares could offer investment products that capitalize on the brand's reputation for quality and innovation, attracting investors interested in the growing cannabis market. The trademark could also enhance the marketability of their cannabis-related funds, giving them a competitive edge in the financial sector.
Income Approach
The income approach of valuation is usually considered the most effective method for evaluating a trademark. In this method, an estimate is arrived at by calculating the future income that the trademark is predicted to earn over the course of its remaining life based on the present value. A company who uptrains FDA approval for their products, will be able to sell them nationwide. This will add a tremendous valuation to their company.
