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How Should Budtenders Respond?

By Jordan Wellington, Simplyfya Cofounder and Chief Compliance Officer In many ways, working as a budtender is similar to working at other types of retail establishments. Whether it is a small clothing boutique, a giant grocer, a liquor store or a medical cannabis dispensary, employees are expected to have knowledge of the products, provide quality […]
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Colorado Flower Sales Exceed 1.1 Million Pounds Since Market’s Launch

  Newly released data from the Colorado Marijuana Enforcement Division marks dramatic growth in the state’s volume of flower sold, from 25.2 thousand pounds in Q1-2014 to 100.4 thousand pounds in Q4-2017. Across the four-year period, the state sold more than 1.1 million pounds of flower, almost equally divided between the medical and adult-use markets. […]
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In An Oversaturated Market, Growers Are Turning From Flower To Oil

By J.J. McCoy, Senior Managing Editor for New Frontier Data To wait out the cannabis market’s oversupply and diminished prices for flower, some cultivators are treading oil to survive. Operators are increasingly turning to oil extraction to give a lift to their bottom lines. Alongside surging interest in oil-based products, the Oregon Office of Economic Analysis reports […]
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California Legal Cannabis Projections

  In January, California’s draft budget anticipated $175 million in total cannabis cultivation and retail taxes by June 30. For Q1-2018 the state collected cannabis taxes totaling $33.6 million (19.2% of the six-month forecast). New Frontier Data’s revised projections foresee $1.12 billion in medical cannabis and $805 million in adult use, for total cannabis sales […]
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Adjusting Assumptions About California’s Too-Sunny Revenue Forecast

By J.J. McCoy, Senior Managing Editor for New Frontier Data Turns out, while Californians love their cannabis, that ardor is not quite enough to offset how much they dislike paying taxes for it. The shortfall has proven significant enough for New Frontier Data to revise our methodology for forecasting the growth from California’s 2018 rollout of […]
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Canadian Consumer Behavior

  With Canada’s nationwide adult-use cannabis legalization soon to roll out, Lift & Co., the country’s leading cannabis information platform, commissioned New Frontier Data to conduct comprehensive analysis of the attitudes, behaviors, and preferences of consumers nationwide. Using an online survey of more than 1,700 adult medical and adult-use consumers, the study reveals insights about [...]
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Comparing Cannabis Demand Growth in Canada and California

  Total cannabis demand in legal markets is expected to grow year over year through 2025, with sales through legal medical and adult use channels quickly cannibalizing the share of the illicit market. While in 2017 the illicit markets topped at an estimated $3.29 billion in California and $5.76 billion in Canada, strong growth of […]
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California Cannabis Regulators Ramping Up Enforcement

By Jordan Wellington, Simplyfya Cofounder and Chief Compliance Officer It has been about four months since California launched its adult-use cannabis market, and regulators are ramping up enforcement efforts, assailing businesses that have not been licensed and conducting inspections of those that have. The state’s Bureau of Cannabis Control has already sent out more than […]
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Federal Cannabis Revenue to Total $44B Through 2025

  As retail revenue continues to grow in legal cannabis, so will jobs, business opportunities, payroll and of course tax revenue produced for the federal government. Total federal tax revenue is estimated $2.9 billion for 2017. Tax revenue is expected to grow consistently reaching $6.7 billion by 2025. Roughly 200,000 jobs exist in today’s legal cannabis market. By […]
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Federal Cannabis Revenue to Total $44B Through 2025

  As more revenue is generated in the legal cannabis, there will be more jobs created, and more business and payroll taxes generated for the federal government. Roughly 200,000 jobs exist in today’s legal cannabis market (i.e., growers, processors, wholesalers and retailers), not including ancillary businesses. By 2025, projections anticipate 630,000 industry-specific jobs. Total estimated [...]
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