Filtered by tag "alcohol"

For Industry Investment, 2018 Was Terrific But 2019 Looks Even Better

By J.J. McCoy, Senior Managing Editor, New Frontier Data   It may be taken as a given that in the recent past speculators and stakeholders alike have watched a veritable comet’s arc in collective investment amid the cannabis space. An industry worth $910 million in 2015 reached $13.8 billion in 2018, and it seems bound […]
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Cannabis Industry Investments Q1 2015-Q1 2019

While 2018 saw a blockbuster year (with nearly $14 billion raised) for cannabis investments, 2019 is on pace to blow past that total. According to Bloomberg BI, as of March 22, the 100 public companies tracked in Bloomberg’s cannabis index had generated $3.8 billion, not including private deals or any by public companies outside those […]
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Uruguay’s Great Evolving Cannabis Experiment Continues

By J.J. McCoy, Senior Managing Editor, New Frontier Data   In 2014, Uruguay became the world’s first nation to federally legalize cannabis when it implemented an adult-use program three years before likewise establishing a regulated medical-use program. Thus being a pioneer in cannabis reform, it now aims to become a leading exporter of variants for […]
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Registered Uruguayan Cannabis Consumers

In 2014, Uruguay became the world’s first country to legalize adult-use cannabis: Citizens may access it through pharmacies, membership in clubs, or self-cultivation. The most common way that Uruguayans access legal cannabis is through pharmacies, and the number of such customers has been rising — now 77% of registrants patronize pharmacies, up from 68% in […]
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US Cannabis and Alcohol Sales

In 2018, U.S. retail alcohol sales totaled $254 billion, nearly 7x overall cannabis sales (both legal and illicit) of $37.2 billion. New Frontier Data estimates that overall domestic cannabis sales grew 6.7% in 2018, while alcohol sales meanwhile grew at 5% year over year (source: bw166). In its upcoming white paper, The Nexus of Alcohol […]
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On St. Patrick’s Day, Signs of Cannabis’ Displacing Alcoholic Beverages

By J.J. McCoy, Senior Managing Editor, New Frontier Data   The first recorded St. Patrick’s Day parade was held in Boston (not in Ireland) in 1737. Across the 282 years of parades since those origins, the holiday for the patron saint of Ireland has established itself as the third-most popular annual drinking day in the […]
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Ask Our Experts 2/24/2019

By Rob Kuvinka, Data Science, New Frontier Data   Q: I am curious, how cannabis legalization might impact alcohol sales. Do cannabis users also drink alcohol? A: The usage patterns of alcohol and cannabis are nuanced and changing. While it is common for cannabis consumers to also use alcohol, many indicators suggest that cannabis legalization will have […]
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