Filtered by category "Marijuana Insights"

Parsing Some Differences in Product Demand and Oversupply

By J.J. McCoy, Senior Managing Editor, New Frontier Data   When New Frontier Data released its free market update to the industry last fall, 2018 Cannabis Industry Trends Report: Market Insights offered a look into the growing demand for non-flower products.   In Illinois, for example, monthly revenues from dispensary sales had increased by 54% […]
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Hemp Update: 2018 in Review

Hemp Update: 2018 in Review by Hoban Law Group attorneys Patrick Goggin and Matthew Smith More than a decade since its seminal ruling in HIA v. DEA II (2004), the Ninth Circuit again weighed in on hemp issues in 2018. Last time around, the Court invalidated a proposed DEA rule that would have prohibited the […]
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An Early Mover in the Industry Seeks Helpful Answers for Hemp Farmers

By William Sumner, Hemp Business Journal Contributor In the short while since last December’s passage of the 2018 Farm Bill, the market has started to make dramatic shifts. Cannabis companies like Canopy Growth Corp. (NYSE: CGC) have decided to go all-in on hemp, and existing hemp producers have begun to ramp up their production capacities. […]
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CBD, Still A Restricted Substance

CBD, Still A Restricted Substance By Jeffrey Finkle On December 20th the 2019 Farm Bill was signed into law by President Trump, with overwhelming bipartisan support from both the House (386 to 47) and the Senate (87 to 3). This $867 billion bill will provide needed subsidies for American farmers, strengthens the food stamps (SNAP) […]
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50 New Cannabis Markets Globally

By J.J. McCoy, Senior Managing Editor, New Frontier Data If 2019 proves too preliminary for historians to describe it as the tipping point in the founding of a global cannabis industry, it will not be for lack of trying. Recent news of Thailand and South Korea becoming the latest countries to adopt the use of […]
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Legal Cannabis in Europe

29 European countries have legalized1 medical cannabis in some form. 20 of those have decriminalized possession or consumption of personal doses2 of cannabis. While Spain and the Netherlands permit personal cannabis use in coffee shops and social consumption clubs, in Europe only Georgia has fully legalized it for adult use. 1Legalization for medical use does […]
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Getting Busy With Bioplastics: New Applications for an Old Idea

By William Sumner, Hemp Business Journal Contributor Since the 2018 Farm Bill was signed into law just before the new year and the installation of the 116th U.S. Congress, the hemp industry has been bristling with activity. For the most part, business has been centered around potential medical applications for hemp’s most famous component, cannabidiol […]
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Ask Our Experts 1/13/2019

  Ask Our Experts: The Impact of Excess Cannabis Inventory in Oregon and Other Regulated Markets By Beau Whitney, Senior Economist, New Frontier Data   Q: I am seeing a lot of news about excess inventory in Oregon and other regulated cannabis markets. What is the impact of this excess inventory, and what can be done […]
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Considerations for Cannabis Stakeholders in Light of Harborside Health Center Decision

Considerations for Cannabis Stakeholders in Light of Harborside Health Center Decision By Selvan Boominathan, Manager, National Tax Services, for CohnReznick Late last year, the Tax Court published its opinion in Patients Mutual Assistance Collective Corp. (d.b.a. Harborside Health Center) v. Commissioner, 151 T.C. 11 (2018). Harborside is a medical cannabis dispensary operating legally under [...]
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2018 Cannabis Mergers and Acquisitions Highlights

The North American cannabis sector established market legitimacy in 2018 with word of outside interests like Constellation Brands (maker of beer, wine, and spirits) investing heavily in the space. Likewise, a USD $1.8 billion buy-in by Altria group (owner of Marlboro) for a 45% stake in cannabinoid company, Cronos Group, marked bullish involvement by a Big Tobacco […]
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