Licenses Archives - New Frontier

24Mar

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. […]

24Mar

Discussing Proven Methods and Occasional Madness in Forecasting State Tax Revenues

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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 […]

24Mar

Prognosis for Canadian Medical Cannabis in Remains Positive

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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 […]

24Mar

U.S. Senate Revisits Whether to Keep Protecting Medical Marijuana

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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 [...]

23Mar

A Nascent Industry Examines Growing Concerns

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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 […]

15Sep

Growing Concerns

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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 […]

27Jul

The Latest: Senate Panel Passes Preliminary Vote to Protect Medical Marijuana

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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 […]

23Jul

Despite Growing Pains, Outlook for Medical Cannabis in Canada Looms Large

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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. […]

16Jul

Shedding Some Light on the (Occasionally) Dark Arts of Forecasting State Tax Revenues

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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 […]

09Jul

Pennsylvania Growers Lack in Diversity

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By J.J. McCoy, Senior Managing Editor for New Frontier Data Last month, Pennsylvania officials made two much-awaited announcements toward the opening of the commonwealth’s medical cannabis market next year. In separate press conferences held a week apart, the Pennsylvania Department of Health in charge of administering the Keystone State’s medical cannabis program awarded 12 licenses for […]