Search Results for: New Frontier Data

The Legal Cannabis Market Contributes to Job Creation

Nearly 900 eager job seekers came to the first Spokane Cannabis Job Fair on 6/20 at the Spokane Convention Center

NEW YORK: New data shows that the growing legal cannabis industry is strongly contributing to job creation. A recent report by New Frontier Data, which provides comprehensive analysis and reporting for the cannabis industry, projects that by 2020, the legal cannabis market will create more than a quarter million jobs for American workers. The legal cannabis Read the full article…

U.S. Legal Cannabis Market to Grow to $24.1 Billion by 2025

Based on these revised projections, the legal cannabis market was worth an estimated $6.6 billion in 2016, and is projected to grow at a compound annual growth rate (CAGR) of 16% to reach more than $24 billion by 2025. The medical market is projected to grow at 12% CAGR through 2025, growing from $4.7 billion in 2016 to an estimated $13.3 billion in 2025. During the same period, adult use sales are projected to grow at a 21% CAGR, from $1.9 billion to $10.9 billion (through projections based solely on the markets having passed medical and adult use legalization initiatives as of January 2017, but not including assumptions for additional states which may yet pass legalization measures before 2025).

DISTRICT OF COLUMBIA: New Frontier Data, a leading cannabis industry business intelligence firm, has refined its market projections for adult use and medical markets across the country,  according to The Cannabis Industry Annual Report: 2017 Legal Marijuana Outlook. The firm forecast the legal cannabis market to grow to $24.1 billion by 2025 with a compound annual growth Read the full article…

Cannabis Market Creating Jobs

Sponsored by the Marijuana Business Association, MJBA Job Fair Seattle will bring together Washington State’s top cannabis industry employers and HR professionals with the local job seekers.

NEW YORK: The fast-growing cannabis market is expected to create more jobs in the United States. According to the 2017 Legal Marijuana Outlook, published by New Frontier Data, the cannabis industry is expected to create 283,422 jobs by 2020, with an implied growth rate of more than 17 percent compounded over the next four years. The accelerating Read the full article…

Washington Marijuana Sales Expected to Double, Grow To Over $2 Billion By 2020

Legal Marijuana to grow to $2B by 2020

WASHINGTON:  Arcview Market Research, in partnership with New Frontier Data, has released its Washington Legal Cannabis Market State Profile, which explores the recent significant changes to the state’s cannabis industry. The elimination of the medical system that was operating in parallel to the adult use market will lead to a significant contraction of the state’s Read the full article…

Massachusetts Marijuana Sales to Top $1 Billion by 2020

$1 Billion in mj sales predicted for Mass by 2020

MASSACHUSETTS: Arcview Market Research, in partnership with New Frontier Data, has released its Massachusetts Legal Cannabis Market State Profile, which shows the potential growth of the legal marijuana market after Massachusetts voters legalized adult-use on Election Night 2016. The official Arcview Market Research projection for the Massachusetts market is that it will grow to over $1 Read the full article…

Marijuana Initiatives Will Add $7.4 Billion To Market

Marijuana Elections grow legal cannabis industry

CALIFORNIA:  Arcview Market Research, in partnership with New Frontier Data, have released a special election update to the official Arcview Market Research growth projections in light of victories from 8 of the 9 marijuana ballot initiatives. The passage of initiatives in California, Nevada, Massachusetts, Maine, Florida, Arkansas, Montana, and North Dakota will add $7.4 billion to Read the full article…

2016 Cannabis Investment Study: 68% Of Investors Open to Businesses That Touch Marijuana

2016 CANNABIS INVESTOR STUDY

DISTRICT OF COLUMBIA: New Frontier Data, in partnership with Arcview Market Research and The Arcview Investor Network has released its 2016 Cannabis Investment Study. The study unveils insights from Arcview’s members and shows that despite the differences in regulations affecting businesses that touch cannabis and ancillary businesses that do not touch cannabis, the majority of investors (68%) are now Read the full article…

7 in 10 Californians 21 & Older Ready to Use Cannabis Products Recreationally

Enlucem_infographic_CA_Cannabis_Consumer_Profile

CALIFORNIA: Enlucem, a strategic brand consultancy currently advising startups in the cannabis space, announced today the results of a detailed consumer study of Californians’ attitudes toward cannabis products. Results of the 800-person survey found that the market potential for medical marijuana and other future cannabis products in California is staggering – between 15 million and Read the full article…

Study: Medical Cannabis Associated With Improved Cognitive Performance, Reduced Opioid Use

Medical Marijuana good for cognition

MASSACHUSETTS: Medical cannabis administration is associated with improved cognitive performance and lower levels of prescription drug use, according to longitudinal data published online in the journal Frontiers in Pharmacology. Investigators from Harvard Medical School, Tufts University, and McLean Hospital evaluated the use of medicinal cannabis on patients’ cognitive performance over a three-month period. Participants in the study were either Read the full article…

TetraTrak’s Brian Yauger: Building Better Business Intelligence Technology

Brian Yauger debuts MJTicker.com at an MJBA meetup.

WASHINGTON: Brian Yauger has a game plan for bringing better business intelligence to the legal cannabis industry.  A Texan with Republican political leanings, the former NCAA football coach at first blush seems an unlikely figure to be heading one of Seattle’s hottest canna-tech firms, TetraTrak LLC, but Yauger believes his career as a big time college football Read the full article…