State Regulation Archives

30Aug

Identifying the Relative Value of a Cultivator License, By State

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By Beau Whitney, Senior Economist for New Frontier Data With investors seeking data about how to ascertain the value of a license, or at least identify and contrast opportunities, New Frontier Data recently compared the respective Total Addressable Market (TAM) in each of six states to the number of licenses they have respectively proposed or […]

17Jun

How Should Budtenders Respond?

Marijuana Insights

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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 […]

12May

Illinois Bank Shutting Out Cannabis Clients Over Sessions’ Stance

Marijuana Insights

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Larry Mishkin, Hoban Law Group, Litigation Practice Group Counsel The Bank of Springfield (Illinois) has notified its existing cannabis-related clients that their money is no good there anymore. Citing what it terms a “legal gray zone” cast by U.S. Attorney General Jeff Sessions, the bank announced in an April 2 letter to customers that all […]

06May

Canadian Consumer Behavior

Marijuana Insights

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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 [...]

29Apr

Comparing Cannabis Demand Growth in Canada and California

Marijuana Insights

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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 […]

28Apr

California Cannabis Regulators Ramping Up Enforcement

Marijuana Insights

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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 […]

26Mar

Medical Cannabis, Texas-Style: Conditions and Requirements for Use

Marijuana Insights

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By Ashley Simpson, Hoban Law Group In 2015, the Texas legislature’s passage of the Texas Compassionate Use Act (Senate Bill 339) legalized medical cannabis in the Lone Star State, but only to the extent of “low-THC cannabis oil” for use by patients diagnosed with intractable epilepsy. Widening further access to any patients respectively diagnosed with […]

25Mar

The Impact of Regulations on Price

Marijuana Insights

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By Yona Torres, New Frontier Data Contributing Editor In the 16 months since California legalized marijuana, cannabis prices in some California market sectors have plummeted 75%, according to the Washington Post. This steep decline, paralleled in Colorado, Oregon and Washington, is a product of the number of newly-licensed cultivators and the regulations that guide them. […]

24Mar

Despite Original Design, Pennsylvania Growers Lack in Diversity

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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 […]