Filtered by category "Marijuana Insights"

Market Dynamics Worth Tracking Throughout 2019

Market Dynamics Worth Tracking Throughout 2019 By J.J. McCoy, Senior Managing Editor, New Frontier Data With each new year comes a fresh reminder that the only constant is change, an axiom with particular relevance in the nascent and mercurial legal cannabis industry. As the calendar turns, these are among the hottest topics to track throughout […]
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Recap: Making Profitable Hay from Passage of the Farm Bill

By William Sumner, Hemp Business Journal Contributor Late last month, Congress passed one of the most significant bills in recent memory: the 2018 Farm Bill. In addition to mandating a number of boilerplate provisions(such as expanded farm subsidies), the new law legalizes hemp for the first time in half a century; yet, the devil is […]
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2019 U.S. Cannabis Outlook

Continued dramatic growth is expected for the legal cannabis industry in 2019. As of January 1, now 33 states plus the District of Columbia (D.C.) have legalized cannabis for medicinal use, with 10 states and D.C. permitting adult use. Medical-use sales are slated to begin in four states (Arkansas, Louisiana, North Dakota, and Ohio). Per […]
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2018 Cannabis Highlights

2018 Cannabis Highlights by Numbers Nearly $2 billion With CBD sales in the U.S. are expected to reach $534 million in 2018, growing to nearly $2 billion by 2022. More Than 30 Countries The global cannabis market is expanding rapidly, with Canada having joined Uruguay as the first countries to legalize adult-use markets; more than […]
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Ask Our Experts 1/06/2019

Ask Our Experts: The Federal Reserve and Fears of Recession By Beau Whitney, Senior Economist, New Frontier Data   Q: The Federal Reserve just increased interest rates to slow the growth of the U.S. economy, but the stock market has recently seen a steep decline, based in part to fears of a global recession. What […]
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Back to Basics: Laurel Alterman and William A. Gibson v. Commissioner of Internal Revenue

By Greg Pelucacci, CohnReznick senior associate In the rapidly growing industry of cannabis, there are several important concepts for owners to understand. One of the most popular topics would be Internal Revenue Code (IRC) Section (§) 280E: Passed in 1982, that code section prohibits companies that traffic Controlled Substances Act (CSA) Schedule I or II […]
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Ask Our Experts 12/16/2018

  Q: What were some of the key issues and events that helped shape policy and contributed to the public markets’ up-and-down movement in the cannabis sector during 2018?   From former U.S. Attorney General Jeff Sessions’ rescission of the Cole memo in January to Canada’s establishing itself as the first Group of 7 nation to […]
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U.S. Hemp CBD Market to Triple by 2022

Farm Bill Effect on Industry Revenues By Sean Murphy and J.J. McCoy for New Frontier Data The 2018 Farm Bill will restore industrial hemp to nationwide legal production for the first time since World War II, offering vast opportunities for the industry and investment in a market expected to triple in four years. With the […]
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Farm Bill Effect: Impact on U.S. and Global Hemp Markets

By Sean Murphy, Director of Hemp Analytics; J.J. McCoy, Senior Managing Editor, and William Sumner, Hemp Business Journal Contributor Why Revenues of Leading Hemp Companies are Sure to Increase Pending President Trump’s signature next week, the 2018 Farm Bill is poised to restore industrial hemp to nationwide legal production for the first time since World […]
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Medical Cannabis Consumers

  More than 3,000 self-identifying cannabis consumers nationwide participated in New Frontier Data’s 2018 Cannabis Consumer Survey. Nearly 1/3 (32%) of participants described themselves as medical consumers, while more than 2/3 (68%) called themselves recreational consumers. Overall, 1/3 (33%) of cannabis consumers reported using it only recreationally, while 10% said they used it [...]
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