Filtered by category "Marijuana Insights"

Top Cannabis Usage by Country

Nigeria has the world’s highest rate of cannabis use, with 19.4% of its population aged 15+ having consumed it in the past year. That statistic offers extra significance given the illegal status of the plant across most of Africa. Globally, the highest reported rates of use are typically associated with progressive cannabis laws. Canada (with […]
Read more

Ask Our Experts 4/28/2019: What did I miss at this month’s International Cannabis Business Conference (ICBC) in Berlin?

By Beau Whitney, Senior Economist and VP, New Frontier Data   Q: With New Frontier Data having participated at this month’s International Cannabis Business Conference (ICBC) in Berlin, what did I miss?   A: It was a great event and opportunity. With some 1,200 attendees from 62 countries, it definitively had an international flavor to […]
Read more

Implications and Ramifications of the Hemp Seizures in Idaho and Oklahoma

By David Bush, Senior Attorney, Hoban Law Group “A house divided against itself, cannot stand. I believe this government cannot endure, permanently, half slave and half free.” ~ Abraham Lincoln, June 16, 1858 Recent seizures of hemp by state authorities in Oklahoma and Idaho follow a disturbing pattern. Hemp was legally grown and harvested in […]
Read more

National Cannabis Festival Policy Summit Underscores a Maturing Industry

By J.J. McCoy, Senior Managing Editor, New Frontier Data On April 19, the second annual National Cannabis Festival Policy Summit convened at the Newseum in Washington, D.C., preceding the unofficial cannabis holiday of 4/20 celebrated the next day during the festival itself, which drew thousands to RFK Stadium. The summit featured numerous speakers participating in […]
Read more

Holding Out Against Hemp: Seven States Slow for Reform After 2018 Farm Bill

By William Sumner, Hemp Business Journal Contributor Idaho’s state legislative session ended earlier this month with a tinge of disappointment. Despite overwhelming bipartisan support to legalize industrial hemp, the legislature was unable to pass a resolution to relax the state’s hemp ban. Adding to the frustration felt by hemp advocates was the shared inability of both the state’s House and [...]
Read more

Global Cannabis Market

New Frontier Data’s latest analysis reveals for the first time the full scale of global cannabis demand: More than 260 million adults worldwide consume cannabis at least once per year, collectively spending $344 billion USD annually. The size of the cannabis market varies widely by region: Social norms and cultural practices significantly influence cannabis use, […]
Read more

New Report Offers First-Ever Overview of Global Total Cannabis Market

By New Frontier Data staff Whatever else that people might think or say about the nearly half-century international War on Drugs, by nearly any measure the results regarding cannabis have clearly fallen short of publicized policy intentions. Despite nearly universal prohibition, adults worldwide routinely choose to consume cannabis, a reality which underscores that to whatever […]
Read more

The SAFE Banking Act Would Be a Giant Leap for Legal Cannabis

  By Maier N. Rosenberg, CohnReznick The Secure and Fair Enforcement (SAFE) Banking Act, which, in March, passed the U.S. House Committee on Financial Services by a significant bipartisan margin, represents a promising step forward for banks and cannabis companies that want to take sales out of the cash-based market and into the mainstream. Although […]
Read more

A Gap in Standards Leads to Industry Uncertainty About Synthetic CBD

By William Sumner, Hemp Business Journal Contributor How do you know that the hemp-derived CBD products you have purchased came from hemp and not another source? The answer is, you do not. There are no state, federal, or industry guidelines for companies selling CBD products to disclose how they source their CBD. Facing a serious problem that threatens the mass-market […]
Read more

Will Provisional Licenses Save California’s Cannabis Industry

Results from a gap in California’s cultivation licensing between those growers holding active licenses, inactive licenses, or temporary licenses soon to expire mean that: Prices will be higher — With the California market already constrained, the licensing gap will drive up prices; the combination of higher prices and higher taxes will push legal consumers out […]
Read more
Top