Filtered by category "Marijuana Insights"

One-Third of Worldwide Cannabis Users Are in Africa

March 23, 2019 New study examines regional and global cannabis and hemp opportunities for Africa Washington (May 23, 2019) – New Frontier Data, the authority in data analytics and business intelligence on the global cannabis industry, announces its latest report the Africa Regional Hemp and Cannabis Report: 2019 Industry Outlook, estimating Africa’s total addressable cannabis […]
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With Epidiolex, GW Pharmaceuticals Passes ‘Go’, Collects Unexpected Profits

By William Sumner, Hemp Business Journal Contributor As the U.S. Food and Drug Administration (FDA) continues to consider how to regulate cannabidiol (CBD), the one company with the green light to sell CBD as a pharmaceutical drug is raking in profits. This month, the London-based pharmaceutical company GW Pharmaceuticals (NASDAQ: GWPH) released its financial results for the first quarter of [...]
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Global Medical Market Potential

In legal medical cannabis markets in the United States, 94% of the patients that have used medical cannabis as a substitute to other medicines reported improvements to their condition. This level of treatment efficacy seen in the U.S. bears great significance in a global context, as new countries across the globe begin to legalize medical […]
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Global Cannabis Report Offers Key Market Trends, Analysis Across 7 Regions

By J.J. McCoy, Senior Managing Editor, New Frontier Data “It is a capital mistake to theorize before one has data.” – Arthur Conan Doyle (“A Scandal in Bohemia”, 1891) While Sherlock Holmes figured that out more than a century before California opened its legalized statewide cannabis market, it seems perhaps that someone missed it. State […]
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Ask Our Experts 1/19/2019

Ask Our Experts: Cannabis and CBD a Passing Fad? By J.J. McCoy, Senior Managing Editor, New Frontier Data   Q: Realizing how popular cannabis and CBD have become whether on Hollywood runways or retail shelves, what makes you think that they are not just passing fads like so many diets or workouts?   A: First off, of […]
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Springtime is Warming Up for Regulating CBD

By William Sumner, Hemp Business Journal Contributor Last week, Hemp Business Journal Founder Sean Murphy spoke at a Congressional briefing before the Dietary Supplement Caucus. Presenting market data and analysis, he discussed the state of the hemp and cannabidiol (CBD) markets as well as regulatory challenges facing the industry, including how the Food and Drug Administration (FDA) may [...]
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How Banking Challenges Impede the Growth of the Cannabis Industry Today

  By Maier N. Rosenberg, CohnReznick With recreational cannabis now legal in Canada and many U.S. states, 2019 seems poised to become a turning point for the industry. However, within U.S. borders, one thing still limits growth: Cannabis companies’ lack of access to banking and financial services.   Until legislation like the SAFE Banking Act, […]
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Cannabis Use Among Mothers

Among 3,000 self-described American cannabis consumers surveyed by New Frontier Data, mothers use cannabis more frequently than do women without children. Those whose children are minors (under 18) are more likely (30%) to describe consumption as an important aspect of their identities than are either those with adult children (17%) or those without children (18%). […]
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It’s Certifiable: CBD Brand Earns Industry-First USDA Organic Certification

By William Sumner, Hemp Business Journal Contributor Earlier this month, the cannabidiol (CBD) brand Palmetto Harmony became the first to gain certified organic status from the U.S. Department of Agriculture (USDA) for hemp flower and selectively bred seed. The official designation was made possible due to passage of the 2018 Farm Bill, which legalized hemp and hemp-derived products such as [...]
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Regional Average Cannabis Usage Rate

Among adult (ages 15+) populations worldwide, the regions of North America, Oceania, and Africa average the highest rates of cannabis use. Legalization, whether for medical or adult use, encourages higher rates of reported cannabis usage. The increased reporting correlates to lessened legal risk or social stigma, along with increased public awareness, social support, and access […]
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