Chris Hudock, Author at New Frontier Data

12Dec

Farm Bill Effect: Impact on U.S. and Global Hemp Markets

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By Sean Murphy, Director of Hemp Analytics; J.J. McCoy, Senior Managing Editor, and William Sumner, Hemp Business Journal Contributor Why Revenues of Leading Hemp Companies are Sure to Increase Pending President Trump’s signature next week, the 2018 Farm Bill is poised to restore industrial hemp to nationwide legal production for the first time since World […]

05Dec

Montana-Based Grower and Processor Vitality Quickly Gathering Hemp Market Share

Hemp, Legislation, Marijuana Insights

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By William Sumner, Hemp Business Journal Contributor Last week, news broke that Congressional lawmakers had reached tentative agreement on the 2018 Farm Bill, including an amendment to fully legalize hemp in the United States. Yet, even as the hemp industry awaits final passage, some industry players have already taken steps to enact large-scale growing and […]

28Nov

Direct Selling Cutting Out the Middleman for CBD Products (for Now)

Hemp, Legislation, Marijuana Insights

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By William Sumner, Hemp Business Journal Contributor Direct selling is projected to generate approximately $300 million worth of CBD sales in 2018, according to a report released by Direct Selling News (DSN), an industry publication. Also known as multilevel marketing (MLM), direct selling eliminates a wholesaler or intermediary from a consumer transaction, often through a […]

21Nov

As Congress Bickers Over Farm Bill, MariMed Gets Internationally Busy Down Under

Hemp, Legislation, Marijuana Insights

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By William Sumner, Hemp Business Journal Contributor The international hemp market is heating up. As the industry impatiently awaits passage of the 2018 Farm Bill and pending removal of hemp from the Controlled Substances Act, companies are quickly moving to position themselves as leading suppliers of hemp-based CBD products, and investors are all too happy […]

14Nov

Election Returns Likely to Usher in Hemp Amendment With Farm Bill

Hemp, Legislation, Marijuana Insights

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By William Sumner, Hemp Business Journal Contributor Last week, millions of Americans took to the polls to cast their vote in the 2018 midterm elections. Though the implications for the Democratic Party majority’s retaking the House of Representatives are still taking shape, one consequence of the elections could be revival of the 2018 Farm Bill, […]

07Nov

Midterm Elections Result in Increased Momentum Toward Legalization

Marijuana Insights

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By J.J. McCoy, Senior Managing Editor, New Frontier Data As both Republicans and Democrats claimed limited victories after Tuesday’s midterm elections in which the House of Representatives switched to Democratic control but the GOP increased its majority in the Senate, cannabis proponents at large were united in welcoming the results toward further U.S. legalization. News […]

07Nov

Cannabis Initiatives Pass in Three of Four States in Mid-term Election Cycle

Marijuana Insights

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November 7, 2018 Three new markets projected to exceed $2.1 billion in annual sales by 2025 Washington – New Frontier Data, the authority in data, analytics and business intelligence on the global cannabis industry has released a special Election Day update to official growth projections based on the results from several cannabis ballot initiatives. The […]

07Nov

Where’s Walmart? Opening of Canadian CBD Market Prompts Speculation About Retail Giant

Hemp, Legislation, Marijuana Insights

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By William Sumner, Hemp Business Journal Contributor Last month, rumors emerged that Walmart’s Canada division was conducting preliminary investigations into stocking its stores with CBD products, a move many consider to be inspired by Canada’s legalizing adult-use cannabis sales. Though details are not forthcoming, the very rumor of Walmart’s making moves into the CBD market […]

31Oct

Investors Waking Up to Hemp as Cannabis Stocks Retrace

Marijuana Insights

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By Sean Murphy, Director of Hemp Analytics, New Frontier Data Investors are waking up to the hemp industry. Hemp is proving its opportunity for financial returns, and potential for social and environmental impact. While the first five years of the cannabis stock “green rush” was dominated by retail over-the-counter (OTC) traders, family offices and high […]

25Oct

162% Increase in U.S. Legal Cannabis Cultivation Electricity Consumption by 2022

Marijuana Insights

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October 25, 2018 U.S. cultivation consumed 1.1 million megawatt hours of electricity, generated 472 thousand tons of carbon in 2017 Washington – New Frontier Data, the authority in data, analytics and business intelligence on the global cannabis industry, in partnership with Resource Innovation Institute and Scale Microgrid Solutions, releases The Cannabis Energy Report: Current and […]