Filtered by category "Marijuana Insights"

05Jun
05Jun

FDA Public Hearing About CBDs Prescribes Caution, Bearishness, and Deliberation

Posted by Chris Hudock
Hemp, Legislation, Marijuana Insights
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By William Sumner, Contributing Writer for the Hemp Business Journal Last Friday, the U.S. Food and Drug Administration (FDA) held its first public hearing about the safety and regulation of cannabis and cannabis-derived products. At the heart of the hearing were issues of how the FDA should regulate CBD, which has been growing in popularity as […]
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02Jun
02Jun

In Cannabis’ Credit Desert, Debt Financing May Be the Oasis Companies Need

Posted by Craig Boyte
Marijuana Insights
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  By Andrew Lines, Valuation Partner, CohnReznick Most cannabis companies encounter a similar hurdle: lack of access to capital. Traditional banks simply won’t lend to them, and firms that do offer financing typically compensate for increased risk by setting higher interest rates. Other challenges, including a confusing regulatory environment and higher effective tax rates due […]
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02Jun
02Jun

InterCannAlliance Africa Reveals the Vast Potential of Africa’s Fast-Growing Cannabis Market

Posted by Craig Boyte
Marijuana Insights
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By John Kagia, Chief Knowledge Officer, New Frontier Data New Frontier Data hosted the first InterCannAlliance Africa symposium on May 24 -25, 2019 in Victoria Falls, Zimbabwe.  The first-of-its-kind cannabis conference in Africa, the conference explored the implications of medical cannabis and industrial hemp legalization in Zimbabwe and across the continent. Attendees included governmental [...]
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02Jun
02Jun

Congressional Cannabis Day Forum Draws the Industry to Capitol Hill

Posted by Craig Boyte
Marijuana Insights
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By J.J. McCoy, Senior Managing Editor, New Frontier Data Coinciding with the National Cannabis Industry Association (NCIA)’s 9th Annual Cannabis Industry Lobby Days the past week in Washington, D.C., the House Cannabis Caucus and KCSA Strategic Communications sponsored a Congressional Cannabis Day Forum featuring six-panel presentations, plus a director’s showing of the documentary film “Weed [...]
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01Jun
01Jun

Number of Annual Cannabis Consumers by African Country

Posted by Craig Boyte
Legislation, Marijuana Insights
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The first African country to legalize medical cannabis was Lesotho, in 2017. South Africa is expected as the first to formally legalize adult use since its Constitutional Court last year ruled that personal cultivation and private use of cannabis are constitutionally protected. Nigeria, Ethiopia, and Morocco led the continent’s markets, respectively valued at $15.3 billion, […]
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01Jun
01Jun

Ask Our Experts 6/2/2019: FDA Holds Public Hearing About CBD, What Happened?

Posted by Craig Boyte
Marijuana Insights
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By J.J. McCoy, Senior Managing Editor, New Frontier Data   Q: I did not have time to sit through all 120 speakers scheduled for the FDA’s public hearing about cannabis and CBD products on Friday, but can you share some of the key takeaways?   A: While the market for CBD products has gained massive […]
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31May
31May

Regarding today’s FDA hearing on cannabis-derived compounds

Posted by Craig Boyte
Hemp, Legislation, Marijuana Insights
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A statement from Giadha Aguirre de Carcer Anticipation has been building in the cannabis industry as the U.S. Food and Drug Administration (FDA) meets today regarding how to regulate cannabidiol (CBD), one of the most important compounds in the cannabis plant. CBD is a non-psychotropic cannabinoid, which research has shown to have antiepileptic and anti-inflammatory […]
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29May
29May

Stakeholders Await the FDA’s First Public Hearing About Cannabis and CBD

Posted by Chris Hudock
Hemp, Legislation, Marijuana Insights
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By J.J. McCoy and William Sumner for the Hemp Business Journal On Friday, the U.S. Food and Drug Administration (FDA) will hold its first public hearing about regulations regarding legal cannabis and cannabidiol (CBD). Among some 140 registered speakers scheduled to provide comment during the daylong event, stakeholders in the hemp and CBD industries say that […]
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26May
26May

Africa’s Largest Cannabis Consumer Markets

Posted by Chris Hudock
Legislation, Marijuana Insights
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New Frontier Data analysis found the 2018 global market value of combined legal and illicit cannabis markets to be worth $344.4 billion (USD). Of 263 million annual cannabis consumers worldwide, 83 million (32%) live in Africa. Africa’s cannabis market value (combined legal and illicit) was $37.3 billion in 2018 — 11% of the $344.4 billion […]
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25May
25May

Ask Our Experts 5/26/2019: How Might a Legalized Colombian Market Look?

Posted by Craig Boyte
Marijuana Insights
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By J.J. McCoy, Senior Managing Editor, New Frontier Data   Q: I just saw a news report about Colombia legalizing cannabis; what is the outlook for the market there?   A: It was indeed reported last week that – despite opposition from President Ivan Duque’s administration –  a coalition of Colombian lawmakers are seeking by […]
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