2016 Florida Legal Cannabis Market State ProfileNew Frontier Data, in partnership with Arcview Market Research, has released the 2016 Florida Legal Cannabis Market State Profile.
On November 8, 2016, Florida voters overwhelmingly approved Amendment 2 with more than 70% of the vote. Florida was the most significant state to pass medical cannabis laws in the November 2016 election due to its sheer size and large elderly population. The market’s future will be heavily dependent on decisions at the local level. Individual jurisdictions can enact moratoriums on legal cannabis sales, and this local autonomy could greatly impede initial market growth in the state.
2016 Arizona Legal Cannabis Market State Profile
New Frontier Data, in partnership with Arcview Market Research, has released the 2016 Florida Legal Cannabis Market State Profile.
On November 8, 2016, Arizona was the only state with a legalization measure during the 2016 election that did not pass. The failure of the Arizona’s Marijuana Legalization Initiative (Proposition 205) was a notable loss for the cannabis industry on a day which saw the industry’s biggest electoral victories. Passage of Prop. 205 would have provided a symbolic victory for cannabis in the historically socially conservative state, while creating a market with an attractive structure for investors and entrepreneurs. However, with the measure’s failure, Arizona will remain a highly competitive medical-only market for the foreseeable future.
2016 Cannabis Investor Study
With the cannabis industry forecasted to grow at a compounded annual rate of 29% over the next four years, the spectrum of investment opportunities available to investors are expected to grow significantly. The 2016 Cannabis Investor Study looks at insights from a survey of members of the Arcview Investor Network, a private forum for high net worth accredited investors to access, evaluate, and collaborate on cannabis related investment opportunities. The study offers perspectives from these insiders about the major trends within the investor community and how investors view the evolution of the cannabis industry.
Mid-Year Update of The State of Legal Marijuana Markets - 4th EditionNew Frontier Data in partnership with Arcview Market Research, sponsored by MJardin, has now released, The Mid-Year Update of the State of Legal Marijuana Markets Report. The report gives readers the latest insights into the cannabis industry. The mid-year update includes:
- National Market Projections
- State Market Projections
- Key Regulatory Developments
- Reviews of our Top 10 Trends including:
- The DEA's Decision Not to Reschedule
- The Presidential Election
- Growing Price War in Adult Use Markets
2016 California Legal Cannabis Market State Profile
New Frontier Data, in partnership with Arcview Market Research, has released the 2016 California Legal Cannabis Market State Profile, revealing the potential growth of the legal cannabis market in California if voters choose to legalize it for adult use this coming November.Over the next five years we project the total state market to grow at a compounded annual rate of 18.5%, from $2.76 billion in 2015 to $6.5 billion by 2020.
2016 Nevada Legal Cannabis Market State Profile
New Frontier in partnership with Arcview Market Research, has released the 2016 Nevada Legal Cannabis Market State Profile, which shows the potential growth of the legal cannabis market in Nevada if voters choose to legalize adult use cannabis in November. Over the next four years, annual legal cannabis sales in the states are projected to grow at a compound annual growth rate of 51%; from $121.6 million in 2016 to an estimated $629.5 million by 2020.