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Cannabis Market Recovers after Steep Decline

  Attorney General Jeff Sessions' Jan. 4 announcement rescinding the Cole Memo sparked a steep but short-lived selloff of U.S. cannabis stocks. By January 11th, stocks had rebounded to within 5% of their value before the Cole Memo was rescinded. The 21%, one-day decline was fueled by investors unnerved by implications for the federal government's […]
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2017 CannaBit Highlights

  The top 5 most clicked-on CannaBit topics of 2017 included projections for individual state markets, and how White House politics could affect the cannabis industry. By 2020, Massachusetts’ total cannabis sales are expected to reach $1 billion, with adult-use sales representing 72% of its market. By 2020, Washington’s cannabis market sales are forecast to reach $2 billionas the state […]
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Data Power in Equio

  New Frontier Data's proprietary Equio platform uses millions of data points gathered from government agencies, industry groups, and 100+ cannabis premier industry partners and to provide you the essential data, analysis, and intelligence to strengthen your position in the cannabis industry.  Chose the Equio level best suited to keep you strong in 2018  Equio Essential Designed […]
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Cultivation Licenses in Colorado

  Cultivation licenses are a strong proxy for activity and growth in the cultivation supplies market. Colorado now has more than 1,450 cultivators licensed to grow its medical and adult-use cannabis. As the number of medical cultivators remained steady since 2014, licensed adult-use cultivators meanwhile increased nearly 2.5x, with an annual growth rate of 33.5%, or 28x faster than their [...]
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Brazil Patient Participation Levels

  An estimated 22.2 million Brazilians suffer from chronic pain in the lower back and neck. Were Brazil to legalize medical cannabis, within the first 36 months of sales the number of qualified patients could reach 959,000 under a restrictive list of qualifying conditions (i.e., not including chronic pain), or roughly 3.4 million under an expansive list of conditions (covering chronic […]
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Change in Compensation: Working in Cannabis

  Annual sales of legal cannabis at Nevada’s state-licensed dispensaries are projected to see a compound annual growth rate (CAGR) of 22% throughout the next five years, from $289.8 million in 2017, to an estimated $772.3 million by 2022. Thanks to the state’s thriving tourism industry, growth in total sales will largely be driven by […]
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Change in Compensation: Working in Cannabis

  Among the cultivation supplies purchased in Grow Generation’s Colorado stores, cannabis growers collectively spent nearly equal budget outlays for Medium (e.g., potting soils, materials and bags, etc.) as they did for Nutrients (fertilizers, plant food, root/bloom enhancers) – 44.1% of all sales combined. Growers spent as much combined (22.3%) for Grow Lights (lighting fixtures […]
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Change in Compensation: Working in Cannabis

  As reported by 1,741 self-selected respondents in New Frontier Data’s 2017 Diversity in Cannabis Report co-sponsored with Women Grow, 46% of cannabis industry professionals took a cut in pay to join their respective enterprise. More than 4x as many respondents (35%) said they took a “big” pay cut to join the industry compared to […]
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Sexual Harassment in Cannabis

  According to a New Frontier Data/Women Grow diversity survey of 1,741 volunteer respondents, roughly 1 among 4 (27%) said that they have witnessed sexual harassment in the cannabis industry. Not quite 1 among 5 (18%) said that they had personally experienced sexual harassment in the cannabis industry. 1 in 3 (33%) said that someone […]
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Sentiments on Diversity in Cannabis

  Strong Consensus on the Need for Greater Diversity in the Cannabis Industry Nearly 3 out of 4 (74%) respondents to the 2017 New Frontier/Women Grow Diversity in Cannabis survey agreed that cannabis businesses should establish targets to encourage greater racial and sexual diversity throughout the industry. More than 6 out of 10 (62%) believed […]
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