Filtered by tag "Cannabis"

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, […]
Read more

Latin America’s Top 5 Estimated Addressable Cannabis Markets for 2019

Investors and cannabis businesses are flocking into Latin America as countries across the region expand legal access to cannabis. Latin America is home to an estimated 12.9 million consumers (per annual usage) who spend nearly $10 billion per year on cannabis. Collectively, Latin Americans annually consume over 5.1 million pounds of cannabis, which underscores the […]
Read more

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 […]
Read more

Ask Our Experts 2/10/2019: Why A Cannabis LLC Beats a C-Corp

By Beau Whitney, Senior Economist, New Frontier Data   Q: Why Does A Cannabis LLC Beats a C-Corp? A: With the deployment of the Trump tax cuts in late 2017, there was a renewed focus on how a company’s business structure can reduce overall tax liabilities. Taxes are one of the biggest expenses outside of […]
Read more

The Global Hemp Market Expansion

Hemp is a unique plant with over 25,000 diverse and derivative uses, intersecting more markets and industries worldwide than any other crop in the agricultural economy. New Frontier Data’s latest report, Global State of Hemp: 2019 Industry Outlook, tracks the global market across the United States, Australia, Canada, China, the European Union, South and Central […]
Read more

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 […]
Read more

2019 Outlook: Surging Adult Use Sales Drive Legal Market Growth

New Frontier Data’s latest U.S. cannabis market forecast shows currently legal medical and adult markets growing from $12.9 billion in 2019 to $20.4 billion in 2022. Nationwide spending on illicit cannabis will grow from $27 billion to $28.1 billion (based on the growth trend of American cannabis consumers). Adult-use sales in the 10 currently legal […]
Read more
U.S. Cannabis Consumer Shopping

U.S. Cannabis Consumer Shopping

Average expenditures per consumer in December 2018 reached $171, a 3.0% percent increase from the previous month. Conversely, average expenditures per consumer in Central California rose 8.2%, as the Bay Area California saw a marginal increase of 4.8%. Six of the 12 U.S. markets identified increased during December 2018. The 19.1% rise in average expenditures […]
Read more

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% […]
Read more

50 New Cannabis Markets Globally

By J.J. McCoy, Senior Managing Editor, New Frontier Data If 2019 proves too preliminary for historians to describe it as the tipping point in the founding of a global cannabis industry, it will not be for lack of trying. Recent news of Thailand and South Korea becoming the latest countries to adopt the use of […]
Read more
Top