Cannabit

October 13, 2020

Legal Cannabis Industry Growth

U.S. population growth and rising usage rates will naturally increase the nation’s total number of cannabis consumers. However, with 34 existing legal medical states and 11 […]
October 13, 2020

Positive Erosion: How the Legal Cannabis Industry’s Growth Undermines Illicit Markets

By Kacey Morrissey, Senior Director of Industry Analytics, and J.J. McCoy, Senior Managing Editor, New Frontier Data An unanticipated effect of the COVID-19 pandemic has been […]
October 5, 2020

U.S. Legal Cannabis Industry Growth Potential

As 2020 began, 12 states reportedly considered adult-use cannabis legalization, while 10 debated medical-use programs; after the COVID-19 pandemic, by Oct. 1 only five states prepared […]
October 5, 2020

November Elections Poised to Add Historic Momentum to U.S. Legal Cannabis Market

By Kacey Morrissey, Senior Director of Industry Analytics, and J.J. McCoy, Senior Managing Editor, New Frontier Data An unanticipated result of the COVID-19 pandemic in the […]
October 4, 2020

Recreational Cannabis: Not the Immediate Fiscal Boost States Hope For

By Anderson Economic Group September 15, 2020–Chicago, IL–As the COVID-19 pandemic takes a toll on government budgets across the country, state and local leaders are searching […]
September 28, 2020

Early Ballots Indicate Support for Legal Cannabis

By New Frontier Data Five weeks before Election Day 2020, 34 states plus the District of Columbia (D.C.) have legalized cannabis for medical use, and 11 […]
September 27, 2020

Growth Of The U.S. Legal Cannabis Industry

In 2019 the U.S. legal cannabis industry generated an estimated $13.2 billion in sales across all medical and adult-use state markets. In 2020, despite socioeconomic disruptions […]
September 21, 2020

Cannabis-Infused Products Markets Poised to Reward Sector-Specific Strategies

By John Kagia, Chief Knowledge Officer, New Frontier Data Demand for cannabis-infused products is experiencing explosive growth, fueled by surging consumer interest and technological advancements which […]
September 20, 2020

Infused Products Offer Big Opportunities – If Regulators Allow

In 2019. cannabis-infused products (i.e., topicals and edibles) accounted for 14% of total U.S. legal cannabis sales (both medical and adult-use markets). Cannabis-infused products are forecast […]