Erosion of the Illicit Market Despite the COVID-19 pandemic, states have seen accelerated sales in legal cannabis markets versus erosion in illicit markets. Strong patient [...] July 19, 2020 / Cannabis Insights,Cannabit
How Systemic Racism and Wealth Inequality Limit Diversity in the Cannabis Industry Racial disparities in legal prosecutions and through inequity in wealth serve as barriers to many Black and Brown entrepreneurs. Between [...] July 12, 2020 / Cannabis Insights,Cannabit
Social Equity In Cannabis Social Equity Programs (SEPs) are focused initiatives designed to address inequality in the national cannabis market. A reported 70% of [...] July 5, 2020 / Cannabis Insights,Cannabit
Guilty Until Proven Innocent Civil forfeiture laws allow local law enforcement to retain possession of seized assets, creating inherent conflicts of interest. Federal [...] June 29, 2020 / Cannabis Insights,Cannabit
Law Enforcement Benefits From Both Cannabis Prohibition and Regulated Cannabis Businesses U.S. Code §280E can result in up to a 70% effective tax rate for cannabis businesses, or 2x what other legal businesses pay. (Source: New [...] June 21, 2020 / Cannabis Insights,Cannabit
Cannabis Injustice System In 2018, more than 660,000 U.S. arrests were made for cannabis-related charges, averaging once per 48 seconds. Since California became the first [...] June 15, 2020 / Cannabis Insights,Cannabit
How American Consumers Are Learning About CBD Nearly three-quarters (73%) of Americans have discussed CBD, including two-thirds (67%) of those never having tried it. Roughly two-fifths (39%) [...] June 7, 2020 / Cannabis Insights,Cannabit
Frequency of Use Among U.S. CBD Consumers Among CBD consumers, about 1 in 5 (21%) use it daily, while 40% do so weekly. One quarter (25%) of CBD consumers reported having tried it only [...] May 31, 2020 / Cannabis Insights,Cannabit
U.S. CBD Consumer Archetypes In a recent survey, New Frontier Data finds that nearly 1 in 5 (18%) of Americans have tried CBD, and nearly 9 in 10 (86%) are familiar with the [...] May 24, 2020 / Cannabis Insights,Cannabit
Six Years of Legal Cannabis In Colorado Part 2 In the six years since Colorao adult-use sales began, the state has generated $1.2 billion in tax revenues and licensing fees from cannabis [...] May 18, 2020 / Cannabis Insights,Cannabit