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“The Black Experience in Cannabis” Event hosted by the Congressional Black Caucus Foundation

Interview with Kia L. Jackson, CEO of W.O.M.M.A.N, LLC, by Michael Harlow, Tax Partner, CohnReznick Over the past two decades, cannabis legalization has remained a divisive topic. This fall, the Congressional Black Caucus Foundation’s 48th Annual Legislative Conference (ALC) presented “The Black Experience in Cannabis”, highlighting people of color’s narrative in cannabis with panels [...]
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Frequency of Cannabis Use Among Consumer Archetypes

  Among the demographic range of cannabis consumer archetypes, frequency of use varies widely. Just over a third (36%) of cannabis consumers use it at least once per day, while nearly three-fifths (58%) do at least once per week. Among the heaviest-consuming archetypes (i.e., Traditional Lifestylers, Modern Lifestylers, or Functional Dependents), between 65%-79% use cannabis […]
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As Congress Bickers Over Farm Bill, MariMed Gets Internationally Busy Down Under

By William Sumner, Hemp Business Journal Contributor The international hemp market is heating up. As the industry impatiently awaits passage of the 2018 Farm Bill and pending removal of hemp from the Controlled Substances Act, companies are quickly moving to position themselves as leading suppliers of hemp-based CBD products, and investors are all too happy […]
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9 Cannabis Consumer Archetypes

  New Frontier Data’s latest release examines nine distinct consumer types based on particular consumer habits, preferences and experiences. The categories are classified by respective rates of usage: heavy consumers, moderate consumers, and light consumers. Consumer types include: Traditional Lifestylers, Modern Lifestylers, and Functional Dependents; Medical Purists, Weekend Enthusiasts, [...]
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With ‘Archetypes’, Cannabis Industry Meets Customers in the Open Market

By J.J. McCoy, Senior Managing Editor, New Frontier Data A foundational tent of setting up any business is understanding you one’s customer is, where they are, and why they buy… Yet, given that until cannabis laws began transitioning from prohibition to medical then to full adult use many cannabis consumers worked hard to maintain their […]
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Election Returns Likely to Usher in Hemp Amendment With Farm Bill

By William Sumner, Hemp Business Journal Contributor Last week, millions of Americans took to the polls to cast their vote in the 2018 midterm elections. Though the implications for the Democratic Party majority’s retaking the House of Representatives are still taking shape, one consequence of the elections could be revival of the 2018 Farm Bill, […]
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The Week That Was: Removal of Pete, Jeff Sessions Seen as Boons for Cannabis

By J.J. McCoy, Senior Managing Editor, New Frontier Data On consecutive days last week, Texas voters and President Trump effectively eliminated two of the legalized cannabis industry’s most significant political opponents, and advocates and investors took notice. In Tuesday’s elections, Democratic challenger and former NFL player and civil rights attorney Colin Allred upset 22-year incumbent [...]
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Midterm Elections Result in Increased Momentum Toward Legalization

By J.J. McCoy, Senior Managing Editor, New Frontier Data As both Republicans and Democrats claimed limited victories after Tuesday’s midterm elections in which the House of Representatives switched to Democratic control but the GOP increased its majority in the Senate, cannabis proponents at large were united in welcoming the results toward further U.S. legalization. News […]
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Cannabis Initiatives Pass in Three of Four States in Mid-term Election Cycle

November 7, 2018 Three new markets projected to exceed $2.1 billion in annual sales by 2025 Washington – New Frontier Data, the authority in data, analytics and business intelligence on the global cannabis industry has released a special Election Day update to official growth projections based on the results from several cannabis ballot initiatives. The […]
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Where’s Walmart? Opening of Canadian CBD Market Prompts Speculation About Retail Giant

By William Sumner, Hemp Business Journal Contributor Last month, rumors emerged that Walmart’s Canada division was conducting preliminary investigations into stocking its stores with CBD products, a move many consider to be inspired by Canada’s legalizing adult-use cannabis sales. Though details are not forthcoming, the very rumor of Walmart’s making moves into the CBD market […]
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