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Despite Original Design, Pennsylvania Growers Lack in Diversity

By J.J. McCoy, Senior Managing Editor for New Frontier Data What We Have Learned: Despite requiring diversity plans among winners of the state’s first 12 permits issued, eight went to businesses headquartered out-of-state. July 9, 2017 -- Last month, Pennsylvania officials made two much-awaited announcements toward the opening of the commonwealth’s medical cannabis market next year. […]
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Discussing Proven Methods and Occasional Madness in Forecasting State Tax Revenues

By Beau Whitney, Senior Economist & J.J. McCoy, Senior Managing Editor for New Frontier Data What We Have Learned: Forecasting tax revenue entails more than simply taking the tax receipts from previous months, annualizing sales, and then projecting the numbers forward. July 16, 2017 -- Recently, New Frontier Data’s Senior Economist Beau Whitney was invited by […]
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Prognosis for Canadian Medical Cannabis in Remains Positive

By J.J. McCoy, Senior Managing Editor for New Frontier Data What We Have Learned: While Health Canada reported how the rolls of clients registered with LPs was expanding at a rate of about 10% per month, such expanded enrollment left some patients unable to find some needed products. July 23, 2017 -- Though no one welcomes […]
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U.S. Senate Revisits Whether to Keep Protecting Medical Marijuana

By J.J. McCoy, Senior Managing Editor for New Frontier Data What We Have Learned: Despite uncertainty from continued temporary extensions, industry experts remain cautiously optimistic. July 27, 2017 -- A voice vote by the Senate Appropriations Committee Thursday approved inclusion of the Senate version of the Rohrabacher-Blumenauer amendment which prevents the federal government from [...]
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A Nascent Industry Examines Growing Concerns

By Beau Whitney, Senior Economist of New Frontier Data Originally Published on magazine, Forward (Collins, H., & Loehrke, M. (2017, September 1). Growing Concerns. FMS forward, 1(2), 24-27.). What We Have Learned: While there remains reason for community institutions to exercise caution about taking on a cannabis business as a banking client, such institutions with solid due […]
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Growing Concerns

By Beau Whitney, Senior Economist of New Frontier Data Originally Published on magazine, Forward (Collins, H., & Loehrke, M. (2017, September 1). Growing Concerns. FMS forward, 1(2), 24-27.). Community institutions have long been seen as a natural partner to small business. But when the business in question is selling marijuana, regulatory and reputational concerns have caused many […]
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The Latest: Senate Panel Passes Preliminary Vote to Protect Medical Marijuana

By J.J. McCoy, Senior Managing Editor for New Frontier Data A voice vote by the Senate Appropriations Committee Thursday approved inclusion of the Senate version of the Rohrabacher-Blumenauer amendment which prevents the federal government from interfering with medical marijuana programs legalized at the state level. While formal passage of the bill is not expected until the […]
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Despite Growing Pains, Outlook for Medical Cannabis in Canada Looms Large

By J.J. McCoy, Senior Managing Editor for New Frontier Data Though no one welcomes problems, Canada’s current hints of difficulties with demand may ultimately prove to be a worthwhile lesson as its legalized medical cannabis market matures. The nation’s current regulatory framework for medical cannabis, its Marijuana for Medical Purposes Regulations (MMPR), was established in 2013. […]
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Shedding Some Light on the (Occasionally) Dark Arts of Forecasting State Tax Revenues

By Beau Whitney, Senior Economist & J.J. McCoy, Senior Managing Editor for New Frontier Data Recently, New Frontier Data’s Senior Economist Beau Whitney was invited by the Oregon Office of Economic Analysis to attend a cannabis tax forecasting meeting in the state capital of Salem. Though he has previously participated in the Oregon Governor’s Council of […]
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Diversity & Community Impact Fall Short in PA Grower’s Application

Pennsylvania Growers’ Scores Yield a Bumpy Crop  Pennsylvania awarded its first 12 cultivation licenses from 163 reviewed applicants. The top four evaluation criteria included 1) a diversity plan, 2) community impact, 3) business history and operational capacity, and 4) capital requirements. The average score among applicants was 63% of the potential maximum. While the state’s […]
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