Learning to Develop a New Industry – Cannabis, with Competitiveness Edge

Main Article Content

Chai Ching Tan

Abstract

A new Cannabis-based industry is filled with both challenges and opportunities. By being new, it needs the active participation of the different stakeholders and consumers, including the policymakers, to engage in value co-creation. This study exploits the ethnography of YouTube and the available Cannabis publications to suggest a framework for involving the stakeholders in the Cannabis industry ecosystem. Although the study is exploratory in nature, the structural architecture of the framework is well-integrated with the theoretical-empirical bases of the existing literature. The framework shares the ABC (Antecedents – Behaviors – Consequence) typographical structure, which provides a vivid cause-and-effect linkage comprehension to induce the understanding and participation of the stakeholders. The paper is particularly aimed to establish the competitiveness edge, which signifies the ability of the industry to sustain the continuing increase of expenditures and the performance consequences, such as market and industry positioning, and quality of life of Cannabis users.

Article Details

Section
Research Articles

References

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