Filtered by tag "Cannabis Markets"

Global Medical Market Potential

In legal medical cannabis markets in the United States, 94% of the patients that have used medical cannabis as a substitute to other medicines reported improvements to their condition. This level of treatment efficacy seen in the U.S. bears great significance in a global context, as new countries across the globe begin to legalize medical […]
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Cannabis Use Among Mothers

Among 3,000 self-described American cannabis consumers surveyed by New Frontier Data, mothers use cannabis more frequently than do women without children. Those whose children are minors (under 18) are more likely (30%) to describe consumption as an important aspect of their identities than are either those with adult children (17%) or those without children (18%). […]
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Regional Average Cannabis Usage Rate

Among adult (ages 15+) populations worldwide, the regions of North America, Oceania, and Africa average the highest rates of cannabis use. Legalization, whether for medical or adult use, encourages higher rates of reported cannabis usage. The increased reporting correlates to lessened legal risk or social stigma, along with increased public awareness, social support, and access […]
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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 […]
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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, […]
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17 Million Potential Cannabis Patients in Latin America

Regional Stakeholders Meet at InterCannAlliance Symposium to Discuss the 9 Foundational Pillars of Emerging Global Medical Cannabis Market By Giadha Aguirre de Carcer, CEO, New Frontier Data The 9 Foundational Pillars There are more than 60 nations worldwide seeking to decriminalize or legalize cannabis, mostly for medical applications. To date, New Frontier Data has observed, […]
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How Alleged WHO Recommendations Would Affect International Cannabis Markets

By Beau Whitney, Vice President, and Senior Economist, New Frontier Data An anticipated recommendation by the World Health Organization (WHO) calling for the international rescheduling of “marijuana” and derivative products is poised to be a watershed moment with implications to be observed throughout global markets. If an unconfirmed leak of a WHO document reported February […]
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Updated Projections as Lawmakers Look for Federal Legalization in 2019

By J.J. McCoy, Senior Managing Editor, New Frontier Data Rumors of another federal shutdown notwithstanding, 2019 is poised to be a watershed year for cannabis reform potentially enabling a $56 billion annual U.S. cannabis market by 2025. Those were among the findings shared last week during a National Press Club event sponsored by New Frontier […]
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Parsing Some Differences in Product Demand and Oversupply

By J.J. McCoy, Senior Managing Editor, New Frontier Data   When New Frontier Data released its free market update to the industry last fall, 2018 Cannabis Industry Trends Report: Market Insights offered a look into the growing demand for non-flower products.   In Illinois, for example, monthly revenues from dispensary sales had increased by 54% […]
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Growth Strategy for the Green Ocean

Setting a new path for market entry into the cannabis industry Cannabis operators who want to shape the future of legal consumption in the United States want to create innovative new products, reach broad new customer sets, and promote positive uses for cannabis to meet the $80 billion market opportunity the industry is chasing. While cannabis […]
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