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Greater Competition Driving Sales in WA
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Prices Crater in Washington & Drive Sales 
September 11, 2016

The average cost of a single gram of flower in Washington has fallen dramatically over the past two years, from $44.43 in July 2014 to $12.95 in May 2016. These declines have been fueled by two main factors - the rapid increase in the number of cannabis producers in the state, of which there are now over 1,000, resulting in more market competition, and the increasing size of the producers, enabling them to capture more economies of scale. This decline in prices has been matched by a similarly strong growth in monthly sales, which approached $100 million, as an ever greater proportion of cannabis users transition from the illicit market into the increasingly cost-competitive legal market.

Raising money in the fast growing legal cannabis market is getting increasingly difficult. As you can see by our analysis above, in Washington state alone there has been an increase in licensed cannabis businesses from 40 to over 1,000 in just two years. 


How do you make your case to investors? How will you stay ahead of the competition?

New Frontier's team of researchers use targeted data, deep analysis, and real-time intelligence to answer your most pressing questions. 
Emerging markets move fast; we help you move faster with a Custom Research engagement by New Frontier.
Download our White Paper
New Frontier's CEO Giadha DeCarcer featured in DOCUMENTARY, "Mary Janes: The Women of Weed, Do They Own the Future of Pot?"

"MARY JANES: THE WOMEN OF WEED is the latest film coming from documentary director Windy Borman. The director's two previous films, 'The Eyes of Thailand' (2012) and 'The Big Picture: Rethinking Dyslexia' (2012), have won awards, opened minds, and celebrated the heroics that result when seemingly everyday people persevere in the good struggle. Borman's newest foray into steadfast action in difficult circumstances focuses on several female pioneers in the burgeoning legal-marijuana movement and economy.

Click here for the trailer.
New Frontier's John Kagia Quoted...
Factbox: Cannabis Industry Reacts to DEA Decision on Marijuana 
Read the full article here.
Ohio's Medical Marijuana Law Goes in Effect Thursday, but No Pot for Two Years
The Columbus Dispatch
 
Appeals Court Says No to Guns for Medical Marijuana Cardholders
Alaska Dispatch News

Read the full article here.
Parents Are Turning to Marijuana More than Teens, Study Suggests
Huffington Post
 
Many Think Marijuana Causes Little to No Harm, Study Finds
ABC News
 

Where Do the Presidential Candidates Stand On Marijuana Legalization?
By New Frontier Analysts
Ashley Picillo of Point Seven Group, Diane Czarkowski of Canna Advisors, Wanda James of Simply Pure and Giadha DeCarcer of New Frontier will discuss the “challenges and the opportunities that abound for women who want to be involved in the world of marijuana.”

Once you log in, search for "Breaking the Grass Ceiling: Women, Weed & Business."
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