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Branding Bud: Cannabis and Conspicuous Consumption – Cannabis News

New Luxury Cannabis Brands Bring Fashion, Accessories And Boutique Hotels.

Global demand for luxury goods is strong and rapidly growing, with over $200 billion in annual sales each year.

Consumers purchase these goods for a variety of reasons, among them is they convey a sense of status, wealth and exclusivity.

While luxury goods are generally of higher quality, they also indicate status and wealth.

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Dave Paleschuck ~ DopeMagazine.com ~

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