Colorado Archives - New Frontier

14Oct

Comparing Cannabis Cultivation Energy Consumption

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Indoor cultivators use 18 times more energy to produce one gram of cannabis than outdoor cultivators use (kWh/gram) Lighting demand for indoor cannabis cultivation operations is 70 times more energy intensive than commercial office buildings While outdoor may produce more grams per kWh of energy, indoor cultivation produces more grams per square foot Indoor […]

07Oct

Major U.S. Companies Annually Use More Energy Than The Entire U.S. Cannabis Industry

Marijuana Insights

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In 2017, the total amount of energy used for U.S. legal cannabis cultivation was 1.1 billion kilowatts (kWh). In 2015, the total amount of energy used by U.S. Starbucks locations was 1.75 billion kWh. In 2016, the total amount of energy used by U.S. McDonald’s restaurants was 2.3 billion kWh. In 2017, the total […]

30Sep

Cannabis Production Consumes Less Energy Than Beer Production

Marijuana Insights

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In terms of energy consumption per unit, roughly 1.2 kilowatt hours (kwH) of energy is required to produce 1 gram of cannabis, versus 0.2 KwH to produce 1 (12-oz.) bottle of beer. At those rates, the energy required to produce 1 gram of cannabis is equal to that required for a six-pack of beer. […]

22Sep

Top 12 Cannabis Stocks by Market Cap One-Year Stock Price Performance

Marijuana Insights

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In the United States, medical cannabis is legal in 31 states and the District of Columbia. Nine of these, with D.C., have also legalized cannabis for adult use. In June, Canada became the second nation to legalize an adult-use market (due to open next month). As states increasingly legalize cannabis and the industry grows throughout […]

16Sep

The Home Grow Market Could Grow Quickly as Adult Use Expands

Marijuana Insights

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In 2017, rising sales of concentrates in Colorado represented nearly 30% of all retail cannabis sales. While in Q1-2016 sales of medical concentrates were 44% higher than for adult-use sales, preferences had flipped by Q4-2017 as adult-use sales outpaced medical sales by 6%. Overall, the number of concentrates sold per adult cannabis consumer in […]

17Jun

How Should Budtenders Respond?

Marijuana Insights

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By Jordan Wellington, Simplyfya Cofounder and Chief Compliance Officer In many ways, working as a budtender is similar to working at other types of retail establishments. Whether it is a small clothing boutique, a giant grocer, a liquor store or a medical cannabis dispensary, employees are expected to have knowledge of the products, provide quality […]

27May

Colorado Flower Sales Exceed 1.1 Million Pounds Since Market’s Launch

Marijuana Insights

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Newly released data from the Colorado Marijuana Enforcement Division marks dramatic growth in the state’s volume of flower sold, from 25.2 thousand pounds in Q1-2014 to 100.4 thousand pounds in Q4-2017. Across the four-year period, the state sold more than 1.1 million pounds of flower, almost equally divided between the medical and adult-use markets. […]

17Dec

Data Power in Equio

Marijuana Insights

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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 […]

10Dec

Cultivation Licenses in Colorado

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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 [...]

12Nov

Change in Compensation: Working in Cannabis

Marijuana Insights

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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 […]