Cannabit

January 12, 2020

Cannabis Industry Focal Points, 2020: 10 Market Trends for the New Year

By John Kagia, Chief Knowledge Officer, New Frontier Data As 2019 was a year of volatility and turbulence for the industry while major new markets in […]
December 15, 2019

Ten Intriguing Statistics from 2019

$344 Billion: 2019 Total Global Cannabis Consumer Expenditures (Legal + Illicit) $13.6 Billion: 2019 U.S. Legal Cannabis Sales $29.7 Billion: Estimated 2025 U.S. Legal Cannabis Sales […]
December 1, 2019

Most Cited Reasons For Use Among European CBD Consumers

The European CBD market remains relatively immature, with most consumers being new ones, and about one in three (34%) having first used it within three months […]
November 24, 2019

Illicit Cannabis Supply Output Still Dominates in the U.S.

By Beau R Whitney, Senior Economist, New Frontier Data In New Frontier Data’s The U.S. Cannabis Cultivation Report: 2019 Legal and Illicit Output by State, the […]
November 24, 2019

Among Largest U.S. Markets, Most Demand Is Still Met By Illicit Supplies

These 10 states make up 57.9% and 57.7% of all illicit supply that is demanded in the U.S. in 2019 and 2020 respectively. The total estimated […]
November 10, 2019

Amid Raging Wildfires, Is California’s Market Up in Smoke?

By Beau Whitney, Senior Economist, New Frontier Data With California wildfires seemingly a daily subject in the news media lately, U.S. Department of Agriculture officials have […]
November 10, 2019

U.S. Cannabis Cultivation in California

In 2019, an estimated 29.8 million pounds of U.S.-grown cannabis will be produced for demand of flower, oils, and other derivative products. California will produce approximately […]
November 3, 2019

U.S. Cannabis Cultivation Output

Without including hemp, the estimated 2019 total of cultivated cannabis in the U.S. (both illicit and legal) is 29.9 million pounds. The total share of that […]
November 2, 2019

Bearing Fruit from U.S. Cultivation Output Estimates for 2019

By New Frontier Data While there has been much discussion about the total demand in the cannabis market, the trends in consumer and products preferences, and […]