Filtered by tag "Medical Marijuana"

Top 5 U.S. Medical Cannabis Markets in 2020

Top 5 U.S. Medical Cannabis Markets in 2020 Based on new analysis by New Frontier Data and Arcview Market Research, the U.S. medical cannabis market is projected to reach approximately $11 billion in total annual sales in 2020. At that point, the two largest medical markets will be in California ($3.3 billion) and Florida ($1.6 […]
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Colorado Market Projections 2014-2020

Colorado Market Projections 2014-2020 According to New Frontier Data & Arcview Market Research, cannabis sales for Colorado in 2016 are expected to total $1.2 billion, of which $739 million will be in adult use sales and $438 in medical cannabis sales. By 2020 sales are projected to grow to slightly over $2 billion, driven by […]
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Florida’s Legal Cannabis Market

Florida’s Legal Cannabis Market On November 8th, Florida voters approved the Florida Medical Marijuana Legalization (Amendment 2) ballot measure with a 71.3% ‘yes’ vote. Amendment 2 will allow for Florida’s cannabis market to move away from a High CBD/Low THC market to a medical market that allows for high THC products available to a broader […]
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Mexican Nationals Now Smuggle US Cannabis into Mexico

By New Frontier Analysts In recent years there has a been a trend of Mexican nationals smuggling cannabis across the border from California back into Mexico. This has come as somewhat of a surprise, as traditionally cannabis has been smuggled from Mexico into the United States. But medical legalization in California has changed that. California […]
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Virginia Governor Terry McAuliffe Would Support Legalization of Medical Marijuana in 2017

By New Frontier Analysts In a recent interview on WTOP radio, Virginia’s Democratic Governor, Terry McAuliffe, said that he would support legislation that would legalize medical marijuana in Virginia. Though not a new position from McAuliffe, who made similar statements 2 years ago, he has continued to be outspoken about the issue. In February of […]
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What Else is the Size of California’s Cannabis Market

What Else is the Size of California’s Cannabis Market Assuming California’s Adult Use Marijuana Act passes this November, California’s total market size for 2018 is projected to be approximately $4.3 billion. To get a better understanding of the size of this market, we have compared it to the size of other markets along with the […]
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Medical Marijuana Trims Medicare Costs

By New Frontier Analysts A new study by researchers at the University of Georgia indicates that, in those states where medical marijuana has been legalized, there is a reduced incidence of prescription drugs where marijuana could serve instead, and also has a significant effect on prescribing patterns and spending in Medicare Part D, which is […]
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Will PTSD Be Added to Colorado’s Qualifying Conditions?

By New Frontier Analysts Last fall, Coloradan legislators decided not to extend the qualifying conditions for medical marijuana prescriptions, which under current law, post-traumatic stress disorder (PTSD) is not covered. Yet after months of lobbying efforts from medical marijuana advocates, an appeal was filed late last June to allow for PTSD to be added to […]
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Possible Medicare Savings in States with Medical Marijuana

In a recent study in Health Affairs journal on how medical marijuana laws have reduced prescription medication use, it was estimated that if all states legalized medical marijuana, national savings for Medicare would have totaled $468.1 million for 2013. Based on this analysis, potential total savings in six states that are implementing or voting on […]
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Nevada Medical Marijuana Patient Trends

    Since January 2014, patient participation in Nevada’s medical marijuana program has grown at a compound annual rate of 71% per year, fueled in part by growing sales through the state’s reciprocity program. Nevada is one of just a few states, including Arizona, Delaware, Maine, Michigan, and Rhode Island, which honor medical marijuana licenses […]
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