Search Results for: New Frontier Data

New Frontier Data And MassRoots Join Forces

New Frontier and MassRoots Team Up

DISTRICT OF COLUMBIA: New Frontier Data, a leading provider of data, analytics and business intelligence in the cannabis industry, and MassRoots have announced a partnership designed to “elevate digital marketing practices and better understand social consumer behavior at a pivotal time in the cannabis industry.” “It is an exciting time in the cannabis industry whereby Read the full article…

New Frontier Reports Legal Cannabis Sales On The Rise

Data also shows that support for cannabis legalization continues to rise. According to Gallup's latest poll in October, 64 percent of Americans support for legalizing cannabis, the highest level in nearly a half-century.

NEW YORK: The legal cannabis market was valued an estimated $6.6 billion in 2016 and is expected to reach more than $24 billion by 2025, at a compound annual growth rate of 16 percent during the forecast years According to a report from New Frontier Data. Accelerating pace of legalization for both medical and recreational cannabis in the U.S. is Read the full article…

Data Reveals Optimism Regarding Legal Cannabis Sales

Marijuana is big business

NEW YORK: According to a report by New Frontier Data, medical cannabis sales in 2017 are forecast to grow to $5.3 billion, which represents 67% of total cannabis sales. The report estimates that by 2025, medical sales in current legal states are forecast to grow to $13.2 billion, which will account for 55% of total cannabis sales. Read the full article…

Focus On Finance And Investment At NJ Cannabis Symposium March 29th

NJ Cannabis Symposium

NEW JERSEY: Taxes, banking and investment will be he the focus of the second event  in NJ Cannabis Symposium Series, which returns to the NJPAC in Newark, on March 29 from 4:30-8:30pm. Building on the success of its January program, which brought over 800 budding Cannabis entrepreneurs together to explore the Cannabis industry in NJ, the Read the full article…

Legislation Key For The Legal Cannabis Market

The global cannabis market in 2016 was 14+ Billion

NEW YORK: The global legal cannabis market was valued at $14.3 billion in 2016 and is forecast to grow at a CAGR of 21.1% between 2017 to 2024, reaching $63.5 billion by 2024, according to a report by Ameri Research. The market is going through a period of robust growth thanks to increasing legalization and decriminalization of cannabis products across North Read the full article…

Sales Of Cannabis Products For Medical And Adult Use

Legal cannabis sales continue to rise according to a new report from New Frontier

NEW YORK:  The legal cannabis market was worth $6.6 billion in 2016 and is forecast to grow to $24.1 billion by 2025, registering a compound annual growth rate of 16 percent, according to a report by New Frontier Data. By segment, the medical cannabis market was worth $4.7 billion in 2016 and is expected to grow to $13.3 billion by 2025. Recreational cannabis sales Read the full article…

Research Shows Medical Cannabis To Become a Major Part Of Pharmaceutical Market

Cannabis to make major impact on pharmaceutical marketplace

NEW YORK: According to a research report by New Frontier Data, medical marijuana sales are forecast to grow to $5.3 billion in 2017, accounting for 67% of total cannabis sales. Medical sales in currently legal states are forecast to grow to $13.2 billion by 2025, at which point medical sales will account for 55% of all sales. In comparison, adult-use Read the full article…

The Hemp CBD Market Projected To Surge

hemp CBD oil

NEW YORK: According to a recent report by New Frontier Data, the Viridian Cannabis Stock Index gained 236.1% in 2016 and outperforming such mainstream indexes as the Russell 2000 (up 19.5%), the Dow Jones Industrial Average (up 13.4%), the S&P 500 (up 9.5%), and the Nasdaq composite (up 7.5%). New Frontier Data also reported that legal Read the full article…

State Tax Revenues Benefit From Legalized Cannabis Market

Marijuana is big business

NEW YORK:  The legal cannabis market is expected to generate more tax revenue for states in the U.S, according to a report from New Frontier Data. The U.S. cannabis market could generate $2.3 billion in state tax revenue from retail sales by 2020. The projection is based on the assumption for projected growth in all states currently legal Read the full article…

Sales Of Legal Cannabis Products Expected To Accelerate

Sales of legal cannabis predicted to continue growth

NEW YORK: Medical cannabis sales are forecast to grow to $5.3 billion in 2017 and accounting for 67% of total cannabis sales, according to a new research report published by New Frontier Data.  By 2025, medical sales in currently legal states are forecast to grow to $13.2 billion, at which point medical sales will account for 55% of all Read the full article…