Cannabit

September 14, 2020

California’s Revised Cannabis Retail Sales Tax Revenues

California’s revised sales tax revenues depict a better-performing market than previously understood through initial data from its launch of full-use legalization. The state reported $44 million […]
September 13, 2020

California’s Revised Cannabis Sales Tax Revenues Lift Gloom of Market’s Early Performance

By John Kagia, Chief Knowledge Officer, New Frontier Data California recently released revised cannabis tax revenues which showed significantly higher revenues earned by the state’s legal […]
September 8, 2020

August Numbers Show Sustained Post-COVID Sales Increase

By Trevor Yahn-Grode, Data Analyst, New Frontier Data Post-COVID Sales Increases Continue The spike in cannabis sales, which extended from the start of COVID-19 lockdowns, seems […]
September 8, 2020

Annual Growth in Average Cannabis Spending

Increased cannabis sales are continuing since spikes in demand seen post-COVID-19 shutdowns. Despite a slight decrease from initial lockdown-related sales spikes in Q2-2020, average cannabis expenditures […]
August 30, 2020

DEA’s Potency Rule Threatens Viability of CBD Industry

On August 20, the DEA released its interim final rules (IFR) for hemp production. Rule changes include removing restrictions on importing and exporting hemp, and removing […]
August 30, 2020

DEA’s Proposed Interim Rules Throw CBD Industry into Legal Jeopardy

By Trevor Yahn-Grode, Data Analyst, New Frontier Data On August 20, the Drug Enforcement Agency (DEA) published its much-anticipated Interim Final Rules (IFR) regarding hemp production, […]
August 24, 2020

Oklahoma Case Study: Cannabis Market Sizing and Underreporting of Cannabis Usage (Cannabit Graphic)

By August 3, nearly 330,000 Oklahoma residents had registered as medical cannabis patients. Registered patients now account for about 11% of adults (age 18+) in the […]
August 23, 2020

Oklahoma Case Study: Market Sizing and Underreporting of Cannabis Usage (Full Article)

By Kacey Morrissey, Senior Director of Industry Analytics, New Frontier Data Marking the unparalleled growth of the state’s program, near the start of this month Oklahoma […]
August 16, 2020

Weeding Out Injustice

Despite a dramatic nationwide increase in the use and acceptance of cannabis, both federal and state policies have been slow to address long-standing inequities in cannabis […]