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

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 […]
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The Impact of Regulations on Price

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. […]
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Despite Original Design, Pennsylvania Growers Lack in Diversity

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. […]
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Discussing Proven Methods and Occasional Madness in Forecasting State Tax Revenues

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 […]
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The Apoc-Eclipse’s Shining on Oregon’s Cannabis Market

By Beau Whitney, Senior Economist of New Frontier Data What We Have Learned: Approximately 1 million visitors traveled to Oregon for the August 2017 total solar eclipse, spiking demand for cannabis. August 18, 2017 -- With just days to go before the August 21 total solar eclipse, Oregon finds itself in the final throes of […]
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Hedging One’s Bets Makes Sense and Can Save a Fortune in the Cannabis Tax Arena

By Ken Boiarsky, Hoban Law Group tax attorney What We Have Learned: While the rapidly changing environment and continuing development of law within the cannabis arena makes predictability somewhat problematic, a lawyer suggested a hedge not often used, but probably ought be. August 24, 2017 -- It should come as no surprise that cannabis businesses […]
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A Nascent Industry Examines Growing Concerns

By Beau Whitney, Senior Economist of New Frontier Data Originally Published on magazine, Forward (Collins, H., & Loehrke, M. (2017, September 1). Growing Concerns. FMS forward, 1(2), 24-27.). What We Have Learned: While there remains reason for community institutions to exercise caution about taking on a cannabis business as a banking client, such institutions with solid due […]
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Maine’s Adult Use Market Stalled by LePage’s Broken Campaign Pledge

By J.J. McCoy, Senior Managing Editor for New Frontier Data What We Have Learned: At the start of November 2017, Maine Republican Governor Paul LePage vetoed the state’s pending bill to establish rules for implementation of an adult use cannabis program. Maine’s governor ignored his own 2014 re-election campaign pledge, and subsequently introduced political and practical uncertainty into […]
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Alaska Debates Whether to Allow Onsite Consumption

By J.J. McCoy, Senior Managing Editor for New Frontier Data What We Learned: Especially with Alaska’s indoor culture, the popularity of social clubs would seem promising. Were Santa to try and find some medical cannabis to help treat his lower back after completion of his Christmas rounds, a dispensary in Denali, Alaska, would be the closest […]
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Jeff Sessions Rescinds the Cole Memo, Raising Concerns With Tough Talk but No More Resources to Prosecute

By J.J. McCoy, Senior Managing Editor for New Frontier Data What We Have Learned: Two months after rescinding the Cole Memo, Jeff Sessions said that federal law enforcement lacked resources to really change its policy. In a three-paragraph memo released in January, U.S. Attorney General Jeff Sessions rescinded several Obama-era directives which since 2013 had discouraged […]
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