Cannabit

June 3, 2018

U.S. Legal vs Illicit Cannabis Market Demand

Cannabis use rates will continue to rise as legalized medical and adult-use programs spread across the U.S. and become normalized. Rising usage rates coupled with natural […]
May 27, 2018

Colorado Flower Sales Exceed 1.1 Million Pounds Since Market’s Launch

Newly released data from the Colorado Marijuana Enforcement Division marks dramatic growth in the state’s volume of flower sold, from 25.2 thousand pounds in Q1-2014 to […]
May 22, 2018

New Frontier Data Downgrades CA Cannabis Sales Projections by $2 Billion

May 22, 2018 Washington – New Frontier Data, the authority in data, analytics and business intelligence in the cannabis industry, has refined our state market projections […]
May 20, 2018

California Legal Cannabis Projections

In January, California’s draft budget anticipated $175 million in total cannabis cultivation and retail taxes by June 30. For Q1-2018 the state collected cannabis taxes totaling […]
May 19, 2018

Adjusting Assumptions About California’s Too-Sunny Revenue Forecast

By J.J. McCoy, Senior Managing Editor for New Frontier Data Turns out, while Californians love their cannabis, that ardor is not quite enough to offset how […]
May 19, 2018

The Fight for Weed

By Bob Moss, Principal, National Director of Governmental Affairs for Cohn Reznick For those of you that remember the 1971 top pop song, “I Feel the […]
May 13, 2018

Surging Investment Drives Need for Accurate Business Valuations

In the legal cannabis industry, there are seven primary market sectors: Cultivation and Retail; Biotech/Pharma; Investment/M&A; Software and Media; Consumption Devices; Infused Products & Extracts; and […]
May 12, 2018

Illinois Bank Shutting Out Cannabis Clients Over Sessions’ Stance

Larry Mishkin, Hoban Law Group, Litigation Practice Group Counsel The Bank of Springfield (Illinois) has notified its existing cannabis-related clients that their money is no good […]
May 6, 2018

Canadians Find Comfort in Cannabis

By J.J. McCoy, Senior Managing Editor for New Frontier Data Canadian cannabis consumers overwhelmingly are turning to the plant for relaxation and pain relief, though nearly […]