Colorado Archives - New Frontier

17Dec

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 […]

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

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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 […]

08Oct

Adult Use Flower Sales Surpass Medical Sales in Colorado

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It took less than three years for the volume of flower sold in Colorado’s adult use market to surpass that in its medical market. In 2014, the volume of flower sold in the medical market was more than 2.8x that in the adult use market (110,000 lbs. vs. 39,000 lbs.). However, by 2016, sold volume […]

10Sep

Average Market Price for Unprocessed Retail Cannabis in Colorado 2014-2017

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Colorado’s Marijuana Enforcement Division sets the average market rate (AMR) for unprocessed cannabis, the figure used to fix the 15% excise tax rate for wholesale transactions. After fluctuating between $1,800 and $2,000 between Q1 2014 and Q4 2016, the AMR plunged to $1,300 in Q3 2017. The 35% decline in wholesale prices has been driven by the […]

16Jul

Cannabis Taxes Are A Boon for Colorado’s Government’s Coffers

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Cannabis Taxes Are A Boon for Colorado's Government's Coffers In three years of Colorado's legalized adult use cannabis, the state has collected over $236 million combined from its 2.9% sales tax and 10% retail tax. Denver leads the state in cannabis revenues, having raised nearly $88 million from adult use sales -- more than the $80.5 million raised by the next […]

27Jan

States Scramble to Increase Tax Revenue as Cannabis Prices Fall

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By New Frontier Analysts As more states legalize cannabis and the supply of legal cannabis for sale increases, prices have fallen across the board. As a result, many states have seen the pools of cannabis tax revenues dry up. This creates issues funding programs in states that rely on these relatively new revenue streams. These […]

05Dec

Colorado Market Projections 2014-2020

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Colorado Market Projections 2014-2020 According to New Frontier Data & Arcview Market Research, cannabis sales for Colorado in 2016 are expected to total $1.2 billion, of which $739 million will be in adult use sales and $438 in medical cannabis sales. By 2020 sales are projected to grow to slightly over $2 billion, driven by […]

09Oct

Colorado Marijuana Revenue Funds Bullying Prevention

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By New Frontier Analysts October is National Bullying Prevention Month. A nationwide campaign that was founded ten years ago by PACER’s Bullying Prevention Center. According to the National Center for Educational Statistics, one out of every four students reports being bullied during the school year for their looks, body shape, race, and other factors. However, […]

18Sep

Colorado Marijuana Businesses and Tourism Show Strong Growth

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By New Frontier Analysts The business landscape in Colorado has changed dramatically since voters approved a constitutional amendment legalizing the sale of recreational marijuana in 2014. In Denver, for example, there are almost 400 listings for marijuana dispensaries in the popular online review website, Yelp. With over one thousand new business licenses requested for the […]