U.S. Federal Cannabis Legalization Could Be Worth $128.8 Billion In Taxes And 1.6 Million Jobs

Marijuana is big business

DISTRICT OF COLUMBIA: New Frontier Data, the authority in data, analytics and business intelligence for the global cannabis industry, releases its new study Cannabis In the U.S. Economy: Jobs, Growth and Tax Revenue, 2019 Edition. The report looks at the current state of legal cannabis jobs and tax revenues and projects the impact that full federal Read the full article…

U.S. Hemp Revenues 2nd To China’s: New Frontier Data Projects $5.7B In U.S. Hemp Sales by 2020

State of Hemp 2019

DISTRICT OF COLUMBIA: New Frontier Data, the authority in data analytics and business intelligence on the global cannabis industry, with sponsorship from Hoban Law Group, Shi Farms and Mary’s Nutritionals,  releases a new, first-of-its-kind report, The Global State of Hemp: 2019 Industry Outlook, stating the global hemp industry reached $3.7 billion USD in retail sales in 2018, Read the full article…

Cannabis PE Firm Merida Capital Partners Exceeds $50 Million In Assets Under Management

“Merida continues to see an acceleration of institutional interest in our core strategy,”

NEW YORK:  Merida Capital Partners, a private equity fund targeting fundamental growth drivers underpinning the rapid development of the cannabis industry, announced it has crossed $50MM in assets under management and closed transactions in nine companies in its second Fund. With the full deployment of Merida’s first tranche of Fund II and the opening of the firm’s 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…

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…

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…

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…

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…

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…

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…