Cannabits Archives - New Frontier Data

19May

Global Medical Market Potential

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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 […]

11May

Cannabis Use Among Mothers

Posted by Chris Hudock

Legislation, Marijuana Insights

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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%). […]

05May

Regional Average Cannabis Usage Rate

Posted by Chris Hudock

Legislation, Marijuana Insights

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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 […]

28Apr

Top Cannabis Usage by Country

Posted by Craig Boyte

Legislation, Marijuana Insights

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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 […]

21Apr

Global Cannabis Market

Posted by Craig Boyte

Legislation, Marijuana Insights

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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, […]

14Apr

Will Provisional Licenses Save California’s Cannabis Industry

Posted by Craig Boyte

Legislation, Marijuana Insights

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Results from a gap in California’s cultivation licensing between those growers holding active licenses, inactive licenses, or temporary licenses soon to expire mean that: Prices will be higher — With the California market already constrained, the licensing gap will drive up prices; the combination of higher prices and higher taxes will push legal consumers out […]

07Apr

Global Cannabis Usage Rates by Region

Posted by Craig Boyte

Legislation, Marijuana Insights

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As part of our broader global-demand modeling efforts, New Frontier Data has developed a groundbreaking new model for estimating the worldwide total number of cannabis consumers. With more than 260 million cannabis consumers worldwide, the global cannabis consumer market is far larger, more geographically distributed, and more lucrative than indicated by the few legalized markets. […]

31Mar

Cannabis Industry Investments Q1 2015-Q1 2019

Posted by Chris Hudock

Legislation, Marijuana Insights

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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 […]

24Mar

Registered Uruguayan Cannabis Consumers

Posted by Chris Hudock

Legislation, Marijuana Insights

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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 […]

17Mar

US Cannabis and Alcohol Sales

Posted by Craig Boyte

Legislation, Marijuana Insights

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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 […]

Filtered by tag "Cannabits"

Global Medical Market Potential

Cannabis Use Among Mothers

Regional Average Cannabis Usage Rate

Top Cannabis Usage by Country

Global Cannabis Market

Will Provisional Licenses Save California’s Cannabis Industry

Global Cannabis Usage Rates by Region

Cannabis Industry Investments Q1 2015-Q1 2019

Registered Uruguayan Cannabis Consumers

US Cannabis and Alcohol Sales