Adult Use Market Archives

14Oct

Comparing Cannabis Cultivation Energy Consumption

Comments are off for this post

Indoor cultivators use 18 times more energy to produce one gram of cannabis than outdoor cultivators use (kWh/gram) Lighting demand for indoor cannabis cultivation operations is 70 times more energy intensive than commercial office buildings While outdoor may produce more grams per kWh of energy, indoor cultivation produces more grams per square foot Indoor […]

07Oct

Major U.S. Companies Annually Use More Energy Than The Entire U.S. Cannabis Industry

Marijuana Insights

Comments are off for this post

In 2017, the total amount of energy used for U.S. legal cannabis cultivation was 1.1 billion kilowatts (kWh). In 2015, the total amount of energy used by U.S. Starbucks locations was 1.75 billion kWh. In 2016, the total amount of energy used by U.S. McDonald’s restaurants was 2.3 billion kWh. In 2017, the total […]

30Sep

Cannabis Production Consumes Less Energy Than Beer Production

Marijuana Insights

Comments are off for this post

In terms of energy consumption per unit, roughly 1.2 kilowatt hours (kwH) of energy is required to produce 1 gram of cannabis, versus 0.2 KwH to produce 1 (12-oz.) bottle of beer. At those rates, the energy required to produce 1 gram of cannabis is equal to that required for a six-pack of beer. […]

22Sep

Top 12 Cannabis Stocks by Market Cap One-Year Stock Price Performance

Marijuana Insights

Comments are off for this post

In the United States, medical cannabis is legal in 31 states and the District of Columbia. Nine of these, with D.C., have also legalized cannabis for adult use. In June, Canada became the second nation to legalize an adult-use market (due to open next month). As states increasingly legalize cannabis and the industry grows throughout […]

16Sep

The Home Grow Market Could Grow Quickly as Adult Use Expands

Marijuana Insights

Comments are off for this post

In 2017, rising sales of concentrates in Colorado represented nearly 30% of all retail cannabis sales. While in Q1-2016 sales of medical concentrates were 44% higher than for adult-use sales, preferences had flipped by Q4-2017 as adult-use sales outpaced medical sales by 6%. Overall, the number of concentrates sold per adult cannabis consumer in […]

24Mar

Five Components to Look for Out of California and Cannabis Markets at Large

Marijuana Insights

Comments are off for this post

By J.J. McCoy, Senior Managing Editor for New Frontier Data What We Have Learned: Figuring where California’s example and output will lead the world can make the proverbial $64,000 question seem like a rounding error. August 27, 2017 — New Frontier Data constantly examines various dimensions of the industry to identify, quantify and holistically discern its […]

23Mar

On-Demand Services Become Vital Within the Maturing Retail Marketplace

Marijuana Insights

Comments are off for this post

By J.J. McCoy, Senior Managing Editor for New Frontier Data What We Have Learned: As the cannabis industry grows ever larger and more competitive, the ability to identify the “who”, “what”, and “when” in purchasing habits will be imperative to retailers, and essential for one’s overall enterprise. (Sept.3, 2017) — With the advent of California’s adult […]

23Mar

Business Challenges Intensify Amid Falling Prices in California

Marijuana Insights

Comments are off for this post

By J.J. McCoy, Senior Managing Editor for New Frontier Data What We Have Learned: Falling prices in the expanded California markets will drive operators to focus on performance efficiency and cost savings even while trying to establish branding and consumer engagement. (Sept. 10, 2017) — As the burgeoning cannabis market has started to mature in markets […]

17Mar

Oregon as Informal Case Study: Some Lessons Learned from the Rush in the Pacific Northwest

Marijuana Insights

Comments are off for this post

By J.J. McCoy, Senior Managing Editor for New Frontier Data What We Have Learned: New Frontier Data offers some important lessons about the state’s recent retail sales, prices, and market segmentation. As the cannabis industry makes its first, long-anticipated forays into completely open Pacific Coast legalized markets, the initial lessons of 2018 are being observed just […]

15Mar

Lessons from California’s First Month: January Sales Were Jumping Out of the (Golden) Gate

Marijuana Insights

Comments are off for this post

By J.J. McCoy, Senior Managing Editor for New Frontier Data What We Have Learned: California’s new adult-use market will soon lead the nation in revenues, with estimates for adding an additional $4 billion to state coffers. January 1 represented a watershed for cannabis reform in the United States, as California (the country’s most populous state, representing […]