Filtered by tag "Marijuana Industry"

Hedging One’s Bets Makes Sense and Can Save a Fortune in the Cannabis Tax Arena

By Ken Boiarsky, Hoban Law Group tax attorney It should come as no surprise that cannabis businesses pay a disproportionate percentage of federal income tax relative to income — sometimes even as high as 90+% of gross income — in large part because of the draconian, one-sentence provision of §280E in the Internal Revenue Code […]
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Coming California Market Boom

  By New Frontier Data Analysts With a population of approximately 40 million, California is the largest state in the country, and by far the largest potential market for cannabis products. The greater Los Angeles metropolitan area alone is home to nearly 20 million people, and the San Francisco Bay Area is home to more […]
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Achieving Business Diversity Differently: The Cannabis Industry Case Study

  By Giadha Aguirre de Carcer, Founder and CEO & J.J. McCoy, Senior Managing Editor for New Frontier Data As the burgeoning U.S. cannabis industry continues to establish itself and expand[1], and while there certainly remain plenty of unknowns to be determined (see: Jeff Sessions, the Trump administration drug policy, the 280E tax code, etc.), there […]
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Why Wounded Veterans Want and Need Medical Cannabis

By Joseph Romm, Ph.D. Scientific evidence is growing that medical cannabis may provide some promising means for treating a variety of conditions from which millions of veterans suffer disproportionately. In particular, while chronic pain affects about 30% of typical Americans, it affects 50% of older veterans, and 60% of those who served in the Middle […]
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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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Pennsylvania Growers Lack in Diversity

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 […]
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Pennsylvania Awards Permits for Medical Cannabis Dispensaries

  By J.J. McCoy, Senior Managing Editor for New Frontier Data The Pennsylvania Department of Health today granted 27 dispensary permits for medical cannabis dispensaries, chosen among 280 applicants. Last week, the state awarded licenses to 12 medical cannabis growers and processors among 177 applicants (check this space for forthcoming New Frontier Data analysis about the […]
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Identifying Cannabis Usage and Legalization Support by Sexual Orientation

  By New Frontier Data Analysts The use of cannabis is not uniform across demographics. According to a 2014 survey of Colorado adults conducted by the Colorado Department of Public Health and Environment, there are considerable differences in cannabis usage rates across races, income levels, education levels, and age groups. Somewhat surprisingly, the starkest differences […]
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