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New Frontier Data - CannaBit Your weekly cannabis intel brief
June 3, 2018

The U.S. Legal and Illicit Market Growth

  • Cannabis use rates will continue to rise as legalized medical and adult-use programs spread across the U.S. and become normalized.
  • Rising usage rates coupled with natural population growth will result in a growing illicit market.
  • However, the rate of growth for an illicit market will be tempered (roughly 2% average per year through 2025) due to the activation and growth of regulated dispensary sales in key state markets, i.e., California, Massachusetts, and Florida. 
  • While the legal market equated to less than 1/3 the size of the illicit market in 2017, it is projected to grow to roughly 3/4 the size of the illicit market by 2025.

 New Report Pre-Order
The U.S. Cannabis Report:
2018 Industry Outlook

This new report examines the latest cannabis industry trends in the U.S. 

Topics include:

  • Banking
  • Canna-tourism
  • CBD
  • Contamination and Testing
  • Entry of Big Business: Spotlight on Big Pharma
  • Federal & Legislative Action
  • Growing Demand for Non-Flower Products
  • Increased Access to Data/Technology
  • Legal Cannabis Across International Markets
  • Opioids & Cannabis
  • Wholesale Economics: Lessons in Oversupply

  And much, much more….

Pre-Order this FREE Report Today

J J McCoyPlotting One’s Course Amid Sea of Changes in the Cannabis Industry

By J. J. McCoy,
Senior Managing Editor, New Frontier Data
Even before this year’s watershed event for the cannabis industry through the opening of California’s adult-use market, the U.S. legal cannabis market in 2017 was worth an estimated $8.3 billion. With growth by 2025 projected at a compound annual growth  rate (CAGR) of 13.7%, total sales by then are expected to surpass $23 billion....
Read Here

Questions and Answers with an Original Licensee Holder

By Michael Harlow,
CPA, Partner, CohnReznick
Read Here
New Frontier Data Senior Economist Beau Whitney Quoted...
Glut of marijuana in Oregon is cautionary tale, experts…

When Oregon lawmakers created the state’s legal marijuana program, they had one goal in mind above all else: to convince illicit pot growers to leave the black market....

Read the full article here >

Bill Nelson: Allow smokable medical marijuana in Florida

Read the full article here >

Illinois Lawmakers Pass Bill Legalizing Industrial Hemp

Read the full article here >

Feds Refresh California Marijuana Strategy

Read the full article here >

Marijuana, Opioids Or Both Found In 58% Of Drug-Positive Dead Drivers

Read the full article here >
Copyright © 2018 Frontier Financial Group, Inc., dba New Frontier Data, All rights reserved.

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