Filtered by category "Marijuana Insights"

Did You Know? 95% of the U.S. Population Lives in States With Legal Marijuana Access

Washington – New Frontier Data, the authority in business intelligence for the cannabis industry, has been following the Administration’s recent positioning on marijuana policy in the U.S. Attorney General Jeff Session’s echoed White House Press Secretary Sean Spicer’s recent comments that the administration may crack down on adult use markets. Our analysts found a number […]
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Legal Cannabis Market 2025 Projections and Job Creation

US cannabis market projected to create over 280,000 jobs by 2020. Total cannabis market sales are expected to exceed $24 billion by 2025. Legal cannabis market was worth an estimated $7.2 billion in 2016 and is projected to grow at a compound annual growth rate (CAGR) of 15% to more than $24 billion by 2025. The medical market […]
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Industry Headlines Point to Bright Future But Blurry Path

By J.J. McCoy, Senior Managing Editor for New Frontier Data Such a week! We thought it strange when February temperatures flirted with 80F degrees outside New Frontier Data’s offices in both D.C. and Denver, but then they just seemed symptomatic of the hot buzz within the industry the past several days. On Wednesday, an economist from […]
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A Federal Crackdown on Recreational Cannabis Could Cost Industry Billions and Thousands of Jobs

Washington – New Frontier Data, the authority in business intelligence for the cannabis industry, for the past two years has been monitoring the top 10 trends that could affect the market and a cannabis unfriendly administration has been among those. Today White House Press Secretary Sean Spicer suggested that those on the recreational side of the […]
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New Frontier Data: U.S. Cannabis Market Creates 283,422 Jobs by 2020

Washington – New Frontier Data, the authority in business intelligence for the cannabis industry, continues to find evidence demonstrating the legal cannabis is one of the fastest growing industries in the U.S., and examines its growth in its upcoming annual report, The Cannabis Industry Annual Report: 2017 Legal Marijuana Outlook. New Frontier Data projects that […]
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Annual Number of Daily Doses Prescribed Per Physician

Preliminary research suggests that pain patients in medical cannabis states use 11% fewer opioids. Average number of pain reliever doses in medical states was nearly 96,000 in non-medical cannabis states compared to 85,000 in medical states. Nationwide, prescriptions of opioid pain relievers jumped 272% in 22 years, from 76 million in 1991 to 207 million in 2013. […]
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Medical Cannabis Could Easily Save American Taxpayers Over $220 Million

Medical Cannabis Could Easily Save American Taxpayers Over $220 Million  Washington –New Frontier Data, the authority in business intelligence for the cannabis industry, in preparing its upcoming annual report, The Cannabis Industry Annual Report: 2017 Legal Marijuana Outlook, delved into the staggering opioid epidemic plaguing the country. In 2013, the U.S. Medicare program spent nearly [...]
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Alaskan Seizures of CBD Products Leave Retailers in Limbo

By New Frontier Analysts A case study in confusion came out of Alaska last week with news that officers of the state’s Alcohol and Marijuana Control Office raided several dispensaries of their cannabidiol (CBD) oil. As reported by the Associated Press, the regulators received a tip from the U.S. Postal Service about leaking packages containing […]
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Congressional Cannabis Caucus Convenes in U.S. Capitol

By J.J. McCoy, Senior Managing Editor for New Frontier Data In a bipartisan effort to get members of the U.S. House of Representatives to discuss, learn, and cooperate toward “a better and more rational approach to federal cannabis policy,” representatives from Alaska, California, Colorado, and Oregon, respectively, invited all House members last Thursday to join their […]
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Will the Cannabis Eradication Program Grow Under Trump?

Despite Mixed Results, Will DEA’s Cannabis Eradication Program Grow under Trump? The Trump administration’s policy toward cannabis remains unclear and among the questions still to be addressed is how the Drug Enforcement Administration may change its cannabis eradication efforts. Since 2009, the number of plants destroyed under the Cannabis Eradication Program has fallen nearly 60% […]
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