Filtered by tag "global cannabis"

Potential Zimbabwe Healthcare Savings

Zimbabwe annually spends more than $400 million on health care (based on 2019 budget figures). 25% of all health care spending comes out of pocket (OOP). With a conservative roll-out of a medical cannabis program, Zimbabwe could reduce health-care spends by $10 million by its fifth year. Based on a 10% reduction of health-care spends […]
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Understanding Fathers Who Consume Cannabis

Among self-reporting male cannabis consumers, there are some distinct trends among those who are fathers, particularly to young children. Fathers of kids under 18 consume more frequently than either those with adult children or men without kids (with weekly use being 75%, 46%, and 62%, respectively). Fathers of kids under 18 consume cannabis in more […]
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Employment and Revenue Opportunities in Zimbabwe

While Africa has the highest usage rates (11.4%) among any global region, it ranks well behind North America and Europe in terms of deploying legal cannabis programs. With the African population projected by 2050 to double to more than 2.5 billion people, their countries are seeking opportunities to increase employment and drive economic growth. Recent […]
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Utilizing Legal Cannabis for Sustainable Stimulus Begins Taking Root in Africa

By Beau R. Whitney, Vice President and Senior Economist, New Frontier Data Africa has seen an accelerating wave of cannabis reform over the past 24 months, much of the movement so far anchored to the south, in Lesotho’s and South Africa’s respectively legalized markets. Meanwhile, many other countries in the continent have taken a more […]
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InterCannAlliance Africa Reveals the Vast Potential of Africa’s Fast-Growing Cannabis Market

By John Kagia, Chief Knowledge Officer, New Frontier Data New Frontier Data hosted the first InterCannAlliance Africa symposium on May 24 -25, 2019 in Victoria Falls, Zimbabwe.  The first-of-its-kind cannabis conference in Africa, the conference explored the implications of medical cannabis and industrial hemp legalization in Zimbabwe and across the continent. Attendees included governmental [...]
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Number of Annual Cannabis Consumers by African Country

The first African country to legalize medical cannabis was Lesotho, in 2017. South Africa is expected as the first to formally legalize adult use since its Constitutional Court last year ruled that personal cultivation and private use of cannabis are constitutionally protected. Nigeria, Ethiopia, and Morocco led the continent’s markets, respectively valued at $15.3 billion, […]
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Africa’s Largest Cannabis Consumer Markets

New Frontier Data analysis found the 2018 global market value of combined legal and illicit cannabis markets to be worth $344.4 billion (USD). Of 263 million annual cannabis consumers worldwide, 83 million (32%) live in Africa. Africa’s cannabis market value (combined legal and illicit) was $37.3 billion in 2018 — 11% of the $344.4 billion […]
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Global Medical Market Potential

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 […]
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Cannabis Use Among Mothers

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%). […]
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Regional Average Cannabis Usage Rate

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 […]
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