Articles posted by "Craig Boyte"

Global Cannabis Market

New Frontier Data’s latest analysis reveals for the first time the full scale of global cannabis demand: More than 260 million adults worldwide consume cannabis at least once per year, collectively spending $344 billion USD annually. The size of the cannabis market varies widely by region: Social norms and cultural practices significantly influence cannabis use, […]
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New Report Offers First-Ever Overview of Global Total Cannabis Market

By New Frontier Data staff Whatever else that people might think or say about the nearly half-century international War on Drugs, by nearly any measure the results regarding cannabis have clearly fallen short of publicized policy intentions. Despite nearly universal prohibition, adults worldwide routinely choose to consume cannabis, a reality which underscores that to whatever […]
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The SAFE Banking Act Would Be a Giant Leap for Legal Cannabis

  By Maier N. Rosenberg, CohnReznick The Secure and Fair Enforcement (SAFE) Banking Act, which, in March, passed the U.S. House Committee on Financial Services by a significant bipartisan margin, represents a promising step forward for banks and cannabis companies that want to take sales out of the cash-based market and into the mainstream. Although […]
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Will Provisional Licenses Save California’s Cannabis Industry

Results from a gap in California’s cultivation licensing between those growers holding active licenses, inactive licenses, or temporary licenses soon to expire mean that: Prices will be higher — With the California market already constrained, the licensing gap will drive up prices; the combination of higher prices and higher taxes will push legal consumers out […]
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Licensing Crisis Lends a Toxic Tarnish to the Golden State’s Legal Cannabis Market

By J.J. McCoy, Senior Managing Editor, New Frontier Data What happens if you throw a party and then take the guests’ invitations away? That, in short, is what state cannabis regulators in California are finding out. Yet all glibness aside, it represents a looming issue which while awaiting a remedy threatens to inexorably choke the […]
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Ask Our Experts 4/14/2019: Are there any other cannabinoids from the plant which might have value on the market?

By J.J. McCoy, Senior Managing Editor, New Frontier Data   Q: Of course, the average consumer knows about the cannabinoids THC and CBD, but are there any others from the plant which might have value on the market?   A: No fewer than 113 different cannabinoids have reportedly been isolated from the cannabis plant. While the […]
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Consumer Populations Do Not Always Correlate to Frequency of Cannabis Usage

By J.J. McCoy, Senior Managing Editor, New Frontier Data New Frontier Data estimates that there are 263 million cannabis consumers globally – 6% of the world’s adults –  revealing in new detail the extent to which cannabis is used worldwide. Yet within and across the continents, the relative rates of consumption vary widely, reflecting broadly […]
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5 Key Factors to Consider Before Making a Cannabis Acquisition

By Beau Whitney, VP and Senior Economist, New Frontier Data; and Andrew R. Lines, MAI, Principal, CohnReznick With talk of a looming recession, analysts predict that given a downturn there will be a short list of growth industries capable of delivering a healthy return on investment. Cannabis is near the top of it: Spending on […]
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Ask Our Experts 4/7/2019: Does age or politics shape consumers view on cannabis legalization?

By John Kagia, Chief Knowledge Officer, New Frontier Data   Q: Does age or politics shape consumers view on cannabis legalization?    A: The newly released General Social Survey, the biannual survey of U.S. national opinion survey by the University of Chicago’s National Opinion Research Center, shows continued national support for cannabis legalization, with some […]
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Global Cannabis Usage Rates by Region

As part of our broader global-demand modeling efforts, New Frontier Data has developed a groundbreaking new model for estimating the worldwide total number of cannabis consumers. With more than 260 million cannabis consumers worldwide, the global cannabis consumer market is far larger, more geographically distributed, and more lucrative than indicated by the few legalized markets. […]
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