Hemp Archives - New Frontier

17Oct

Mile High Labs Funding Round Underscores Contrasts in Cannabis Wholesaling

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By J.J. McCoy, Senior Managing Editor, New Frontier Data Mile High Labs caught attention last week with the company’s announcement of a $35 million raise in what was described as the “largest Series A financing in the cannabis market history.” It was a newsworthy claim for the Colorado cannabis extraction company, and demonstrated its commitment toward […]

13Oct

New ‘Cannabis Energy Report’ Examines Cultivation Efficiencies, Cost Savings

Marijuana Insights

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By J.J. McCoy, Senior Managing Editor, for New Frontier Data In the forthcoming Cannabis Energy Report, New Frontier Data has joined both Scale MicroGrid Solutions and the Resource Innovation Institute to provide a landmark, comprehensive study about energy usage and carbon emissions throughout the cultivation cycles of cannabis. The study examines North American cultivators’ and operators’ [...]

07Oct

DEA’s Rescheduling of CBD Is No Industry Cure-All

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By J.J. McCoy, Senior Managing Editor, for New Frontier Data Recent news that the U.S. Drug Enforcement Agency (DEA) is rescheduling cannabidiol (CBD) for use in FDA-approved medicine was warmly welcomed by the cannabis industry, but it felt confusingly tepid on delivery. Overall, the announcement is a boon for Big Pharma companies looking to develop and […]

30Sep

Capturing the Energy Costs for Cannabis Cultivation

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Capturing the Energy Costs for Cannabis Cultivation By J.J. McCoy and Beau Whitney for New Frontier Data Cannabis industry stakeholders, much like other stakeholders operating in agricultural and livestock commodities, place a great deal of emphasis on energy consumption and carbon-emissions levels. Whether framed by cultivators and producers as economic fixed costs, ongoing governmental [...]

22Sep

Navigating the Maze of the Cannabis Market After the Daze of Summer

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By J.J. McCoy, Senior Managing Editor, for New Frontier Data Even before word of the DEA’s landmark rescheduling of cannabidiol (CBD) for GW Pharmaceutical’s FDA-approved Epidiolex, the cannabis market has had a hot summer. Medical cannabis is now legal in 31 states and the District of Columbia, with adult-use markets open in 9 of them plus […]

15Sep

Recognizing Banking Risks in Emerging Cannabis Business Ventures

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By Zoe Grimaldi, Executive Coordinator and J.J. McCoy, Senior Managing Editor, for New Frontier Data In 2014, Sundie Seefried founded Safe Harbor Services, the nation’s first federally compliant cannabis banking program. Safe Harbor enables financial institutions to extend business banking solutions to cannabis-related businesses (CRBs). Nearly five years later, Seefried, now the CEO of [...]

11Sep

Going in Circles Over ‘The Hemp Loophole’

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California’s crackdown on CBD in food may be toothless By J.J. McCoy, Senior Managing Editor for New Frontier Data In July, the California Department of Public Health’s Food and Drug Branch (CDPH-FDB) threw the burgeoning cannabidiol (CBD) industry into some frenzy by issuing a revised FAQ on CBD in food products, declaring that it cannot be […]

09Sep

Industrial Hemp Looks Secure in Farm Bill Despite Looming Delay

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By J.J. McCoy, Senior Managing Editor for New Frontier Data There are three weeks before the current farm bill is due to expire on September 30, and while negotiations for the Farm Bill 2018 continue in fine-tuning the new 1,000-plus-page legislative piece, the prognosis is positive for the industrial hemp industry. The timeliness of its passage, […]

18Aug

Significant Growth is Expected with Branded Marijuana-Derived CBD Products

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The CBD Report 2018: Industry Outlook, details how the U.S. CBD industry grew nearly 40% in 2017, reaching $367 million in sales across both hemp-derived and marijuana-derived markets. For the first time in 2017, U.S. hemp-derived CBD products outsold marijuana-derived CBD products. Marijuana-derived CBD branded sales grew from $64M in 2016 to $118M in […]

13Aug

Hemp-derived Pet Supplies in the Growing CBD Market

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Most hemp-derived, pet-and-animal sales occur via the internet, as traditional mass-market pet retailers are yet to carry the products. In 2017, total hemp-derived, pet-and-animal product sales reached $13 million, with the market expanding quickly as producers aim to distribute through traditional pet-care channels. Pet-and-animal product sales are estimated to reach $125 million by 2022, [...]