Filtered by category "Marijuana Insights"

27Jan
27Jan

Parsing Some Differences in Product Demand and Oversupply

Posted by Craig Boyte
Marijuana Insights
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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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27Jan
27Jan

Hemp Update: 2018 in Review

Posted by Craig Boyte
Marijuana Insights
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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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23Jan
23Jan

An Early Mover in the Industry Seeks Helpful Answers for Hemp Farmers

Posted by Chris Hudock
Hemp, Legislation, Marijuana Insights
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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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22Jan
22Jan

CBD, Still A Restricted Substance

Posted by Craig Boyte
Marijuana Insights
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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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21Jan
21Jan

50 New Cannabis Markets Globally

Posted by Craig Boyte
Global, Marijuana Insights
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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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20Jan
20Jan

Legal Cannabis in Europe

Posted by Craig Boyte
Legislation, Marijuana Insights
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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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16Jan
16Jan

Getting Busy With Bioplastics: New Applications for an Old Idea

Posted by Chris Hudock
Hemp, Legislation, Marijuana Insights
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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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14Jan
14Jan

Ask Our Experts 1/13/2019

Posted by Craig Boyte
Marijuana Insights
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  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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13Jan
13Jan

Considerations for Cannabis Stakeholders in Light of Harborside Health Center Decision

Posted by Craig Boyte
Marijuana Insights
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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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12Jan
12Jan

2018 Cannabis Mergers and Acquisitions Highlights

Posted by Craig Boyte
Marijuana Insights
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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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