State Market Archives - New Frontier

14Oct

Comparing Cannabis Cultivation Energy Consumption

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Indoor cultivators use 18 times more energy to produce one gram of cannabis than outdoor cultivators use (kWh/gram) Lighting demand for indoor cannabis cultivation operations is 70 times more energy intensive than commercial office buildings While outdoor may produce more grams per kWh of energy, indoor cultivation produces more grams per square foot Indoor […]

07Oct

Major U.S. Companies Annually Use More Energy Than The Entire U.S. Cannabis Industry

Marijuana Insights

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In 2017, the total amount of energy used for U.S. legal cannabis cultivation was 1.1 billion kilowatts (kWh). In 2015, the total amount of energy used by U.S. Starbucks locations was 1.75 billion kWh. In 2016, the total amount of energy used by U.S. McDonald’s restaurants was 2.3 billion kWh. In 2017, the total […]

30Sep

Cannabis Production Consumes Less Energy Than Beer Production

Marijuana Insights

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In terms of energy consumption per unit, roughly 1.2 kilowatt hours (kwH) of energy is required to produce 1 gram of cannabis, versus 0.2 KwH to produce 1 (12-oz.) bottle of beer. At those rates, the energy required to produce 1 gram of cannabis is equal to that required for a six-pack of beer. […]

22Sep

Top 12 Cannabis Stocks by Market Cap One-Year Stock Price Performance

Marijuana Insights

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In the United States, medical cannabis is legal in 31 states and the District of Columbia. Nine of these, with D.C., have also legalized cannabis for adult use. In June, Canada became the second nation to legalize an adult-use market (due to open next month). As states increasingly legalize cannabis and the industry grows throughout […]

16Sep

The Home Grow Market Could Grow Quickly as Adult Use Expands

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In 2017, rising sales of concentrates in Colorado represented nearly 30% of all retail cannabis sales. While in Q1-2016 sales of medical concentrates were 44% higher than for adult-use sales, preferences had flipped by Q4-2017 as adult-use sales outpaced medical sales by 6%. Overall, the number of concentrates sold per adult cannabis consumer in […]

30Jul

Cannabis Legalization in New York: What the State’s New Study is Missing

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By Noah Potter, Esquire, Of Counsel to Hoban Law Group [Editor’s note: This is the second of a two-part review regarding the status of adult-use legalization in New York State in light of the governor’s commissioned report by the Department of Health. The first segment ran in this space yesterday.] On July 13, the New […]

29Jul

Cannabis Legalization in New York: A Question of When and How, Not Whether

Marijuana Insights

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By Noah Potter, Esquire, Of Counsel to Hoban Law Group [Editor’s note: This is the first of a two-part review regarding the status of adult-use legalization in New York State in light of the governor’s commissioned report by the Department of Health. The second segment will run in this space tomorrow.] On July 13, the […]

22Jul

Oregon Retail Flower Sales Soar as the Price Per Gram Falls

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In 15 months, the average price per retail gram of flower plunged from $9.79 to $5.77, fueled by increased competition and greater operational efficiency. Meanwhile, the volume of flower sold grew dramatically, as more consumers transitioned to the legal market from illicit purchasing. While average consumer spending per transaction ($35.25) barely moved, the lower […]

22Jul

Oregon, Going Through Some Growing Pains

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By J.J. McCoy, Senior Managing Editor for New Frontier Data Oregon has some issues. It has been 20 years since it became (with Washington in 1998, after California in 1996) one of the first states to legalize medical cannabis, and its voters approved an adult-use market in 2014. Oregon knows about cannabis. It just does not […]