Cannabit

Overall sales within the legalized U.S. cannabis industry are expected to reach $13.6 billion throughout 2019, for a 32% increase over 2018 totals worth $10.3 billion. […]

Passage of the 2018 Farm Bill sparked both sharp nationwide increases in licensing and explosive sales growth for 2019. The issuance of U.S. hemp-cultivation licenses saw […]

By Giadha Aguirre de Carcer and JJ McCoy, New Frontier Data Last week, Altria Group and Philip Morris International (PMI) announced being in discussions for a […]

By Beau Whitney, VP and Senior Economist, New Frontier Data There has been no lack of buzz recently about Oregon’s oversupply of cannabis, with concerns first […]

While much has been reported about cannabis oversupply in Oregon, Colorado has also seen (lesser) price declines. As Oregon saw a 64% decline in wholesale prices […]

Since 2014, when Colorado became the nation’s first fully legal cannabis market, it has generated over $6 billion in legal cannabis sales. Adult-use sales grew 300% […]

By John Kagia, Chief Knowledge Officer, New Frontier Data As a new wave of states from Illinois to Missouri face their advent of newly legal cannabis, […]

Colorado’s Department of Revenue released its updated 2019 (Jan.-May) Marijuana Sales Reports and its Marijuana Enforcement Division: 2018 Annual Update. While comparative shares of overall legalized […]

By J.J. McCoy, Senior Managing Editor, New Frontier Data For the first time in five years of Colorado’s coexisting, legalized adult-use and medical cannabis markets, recreational […]