Search Results for: New Frontier Data

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…

David Rheins Keynote Address At Indiana Cannabis Chat 1.0

David Rheins was featured speaker at the first Indiana Cannabis Chat 1.0

The following is a transcript of MJBA Executive Director David Rheins’ keynote speech at Indiana Cannabis Chat 1.0, last week’s educational mixer held at the historic Antelope Club in downtown Indianapolis.  The event was produced put by the Indiana Libertarian Party of Marion County, and sponsored by Curved Papers. Thank you, it is an honor Read the full article…

The Legal Cannabis Market Is Expected to Grow

Marijuana is big business

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

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

Edibles are changing the marijuana marketplace

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

Marijuana is safer than unemployment

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…