Hemp Archives - New Frontier

05Dec

Montana-Based Grower and Processor Vitality Quickly Gathering Hemp Market Share

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By William Sumner, Hemp Business Journal Contributor Last week, news broke that Congressional lawmakers had reached tentative agreement on the 2018 Farm Bill, including an amendment to fully legalize hemp in the United States. Yet, even as the hemp industry awaits final passage, some industry players have already taken steps to enact large-scale growing and […]

01Dec

Cannabis Consumer Report Highlights Potential Displacement of Alcohol

Hemp, Legislation, Marijuana Insights

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By John Kagia, Chief Knowledge Officer, New Frontier Data, and J.J. McCoy, Senior Managing Editor, New Frontier Data “We are our choices”, wrote Jean-Paul Sartre, and no experienced salesperson would disagree. The gap between a company’s sales efforts and its core strategies is a huge — even existential — vulnerability. Understanding that is the key to […]

28Nov

Direct Selling Cutting Out the Middleman for CBD Products (for Now)

Hemp, Legislation, Marijuana Insights

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By William Sumner, Hemp Business Journal Contributor Direct selling is projected to generate approximately $300 million worth of CBD sales in 2018, according to a report released by Direct Selling News (DSN), an industry publication. Also known as multilevel marketing (MLM), direct selling eliminates a wholesaler or intermediary from a consumer transaction, often through a […]

26Nov

Methodology Behind Archetypes Yields Insights by Confirming Consumer Habits

Hemp, Legislation, Marijuana Insights

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By J.J. McCoy, Senior Managing Editor, New Frontier Data Who are today’s legal cannabis consumers? To industry outsiders, what may seem like a straightforward question to ponder too often reflexively raises tired stereotypes ranging from Cheech and Chong to Harold and Kumar. Yet, to stakeholders competing in a burgeoning industry worth $10.3 billion in 2018 […]

21Nov

As Congress Bickers Over Farm Bill, MariMed Gets Internationally Busy Down Under

Hemp, Legislation, Marijuana Insights

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By William Sumner, Hemp Business Journal Contributor The international hemp market is heating up. As the industry impatiently awaits passage of the 2018 Farm Bill and pending removal of hemp from the Controlled Substances Act, companies are quickly moving to position themselves as leading suppliers of hemp-based CBD products, and investors are all too happy […]

14Nov

Election Returns Likely to Usher in Hemp Amendment With Farm Bill

Hemp, Legislation, Marijuana Insights

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By William Sumner, Hemp Business Journal Contributor Last week, millions of Americans took to the polls to cast their vote in the 2018 midterm elections. Though the implications for the Democratic Party majority’s retaking the House of Representatives are still taking shape, one consequence of the elections could be revival of the 2018 Farm Bill, […]

07Nov

Where’s Walmart? Opening of Canadian CBD Market Prompts Speculation About Retail Giant

Hemp, Legislation, Marijuana Insights

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By William Sumner, Hemp Business Journal Contributor Last month, rumors emerged that Walmart’s Canada division was conducting preliminary investigations into stocking its stores with CBD products, a move many consider to be inspired by Canada’s legalizing adult-use cannabis sales. Though details are not forthcoming, the very rumor of Walmart’s making moves into the CBD market […]

04Nov

China’s Hemp Market

Marijuana Insights

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With global demand for hemp surging, China’s sector is poised for years of dramatic growth. In 2017, Chinese hemp sales totaled $1.1 billion (USD), approaching 1/3 of the $3.1 billion global market, with sales forecasted to grow to $1.5 billion (up 36%) by 2020. In 2017, textiles accounted for about 3/4 of China’s overall sales […]

03Nov

China’s Hemp Market

Marijuana Insights

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03Nov

Fresh Perspectives Arising from the Pacific Rim

Marijuana Insights

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By J.J. McCoy, Senior Managing Editor, New Frontier Data The Asia-Pacific region is home to 60% of the world’s population – some 4.3 billion people – including the world’s most populous country, China. To suggest that it offers a modern-day Silk Road for investment and development connecting the East and West is an understatement to […]