Cannabit

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 […]
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 […]