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August 26, 2018
  • Native American unemployment rates are the highest among identified U.S. racial groups.
  • At 8.5%, the Native American unemployment rate was more than twice that among whites (3.7%) and nearly double the 2017 U.S. average (4.4%) overall.
  • Some tribes face chronic, systemic unemployment rates beyond 50%.
  • Cannabis jobs on Native lands would be similar in skillset to other existing jobs being fulfilled by tribal members.
  • A 5% market share would reduce the overall Native American unemployment rate from 8.5% to 8.0%.

Just Released! 
Cannabis and Native Populations: Potential Impact on North American Tribal Economies

Partnering with Ultra Health, New Frontier Data is proud to release the Cannabis and Native Populations: Potential Impact on North American Tribal Economies.

While the U.S. economy is booming and near full employment, Native American communities are being left behind in both jobs and economic development. Yet Native American tribes can quickly enter one of the fastest-growing industries in the United States. Tribes that are more remote from larger population centers can still realize the benefits in terms of job growth and economic development.

The report covers:

  • Native American Economy
  • Economic Opportunities
  • Revenue & Jobs Potential
  • Risks & Opportunities
  • Recommendations

And much, much more….

You Asked, We Answered
Q: I’m curious which population segments are increasing their use of cannabis? Where is the growth?
Overall, the rates of cannabis use in the U.S. have increased significantly in the past few years.  Since 2009, the number of adults (18+) who report using cannabis in the past month - a proxy measure of frequent users - has increased 38%, from 6.6% to 9.1%. That is equivalent to an additional 7.45 million Americans reporting that they are using cannabis more frequently... Read our full answer here
Ask Our Experts is a new weekly interactive feature in the CannaBit.

J J McCoyCan Cannabis Offer Remedy to Chronic Economic Woes Among Native American Communities?

By J. J. McCoy,
Senior Managing Editor, New Frontier Data
To read or hear the headlines through mainstream media these days, one thing that most Americans can agree on is that the U.S. economy is experiencing its best shape in decades. Hiring is robust with low unemployment, households and businesses are feeling optimistic, and stocks in the main are rising confidently on Wall Street...
Read Here

Growth Strategy for the Green Ocean

Setting a new path for market entry into the cannabis industry
By Matt Hennessy,
Manager, Strategy and Innovation Consulting, CohnReznick
Read Here

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Standing in my Denver office in early June, it all seemed so very far away. In the weeks that followed, I would be heading northeast to Toronto, and then farther east to Saint John, New Brunswick, and then waaaaay southwest to Mendocino County, California—all for cannabis business gatherings of different stripes...

Read the full article here >

People are growing marijuana illegally in national forests – and it's ravaging them

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The Cannabis Industry Continues To Expand: Who's Next?

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Mixed findings on Colorado marijuana, traffic deaths

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Oregon county seeks state financial help to curb illegal cannabis firms

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