Filtered by tag "global cannabis"

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 […]
Read more

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%). […]
Read more

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 […]
Read more

Top Cannabis Usage by Country

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 […]
Read more

Global Cannabis Market

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, […]
Read more

New Report Offers First-Ever Overview of Global Total Cannabis Market

By New Frontier Data staff Whatever else that people might think or say about the nearly half-century international War on Drugs, by nearly any measure the results regarding cannabis have clearly fallen short of publicized policy intentions. Despite nearly universal prohibition, adults worldwide routinely choose to consume cannabis, a reality which underscores that to whatever […]
Read more

Consumer Populations Do Not Always Correlate to Frequency of Cannabis Usage

By J.J. McCoy, Senior Managing Editor, New Frontier Data New Frontier Data estimates that there are 263 million cannabis consumers globally – 6% of the world’s adults –  revealing in new detail the extent to which cannabis is used worldwide. Yet within and across the continents, the relative rates of consumption vary widely, reflecting broadly […]
Read more

Global Cannabis Usage Rates by Region

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. […]
Read more

Mexico’s Cannabis Market Potential

Mexico is the second-most populated country in Latin America, with more than 1.4 million cannabis consumers, including nearly 850,000 regular (past-month) users. Mexico’s total potential market revenues surpass $2.0 billion, supporting between 50,000-75,000 jobs. Converting farms from illicit to legal grows represents a significant challenge for the Mexican government due to the activity and [...]
Read more

Global Hemp Food Sales

Hemp-based foods are generating significant new interest after the passage of the 2018 U.S. Farm Bill. Between 2018-2020, global hemp-infused foods are forecast to grow 46%, from $353 million to $479 million. The U.S. will lead, reaching $151 million by 2020, followed by China ($101 million) and Europe ($79 million). Hemp foods rely on three […]
Read more
Top