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New Frontier Data - CannaBit Your weekly cannabis intel brief
January 7, 2018

2017 Most Clicked-On CannaBit's

The top 5 most clicked-on CannaBit topics of 2017 included projections for individual state markets, and how White House politics could affect the cannabis industry.  

  • By 2020, Massachusetts’ total cannabis sales are expected to reach $1 billion, with adult-use sales representing 72% of its market.
  • By 2020, Washington’s cannabis market sales are forecast to reach $2 billion as the state becomes the second-largest U.S. market
  • Along with growing U.S. majority support for legalization, nine states which voted for Trump have medical cannabis programs, and states’ rights issues tend to skew Republican.
  • A comparison of tax revenues from alcohol and cigarettes demonstrated how a proposed federal excise tax could squeeze cannabis sales between 2018 and 2025.
  • Following steady strong growth after the 2016 presidential election, White House Press Secretary Sean Spicer’s prediction for more enforcement sent stocks dropping.
Cannabis cultivation is reaching new levels of sophistication and efficiency as commercial operations become larger. In the early years post-legalization, facilities larger than 50,000 square feet were rare. Now state-of-the-art cultivation facilities can exceed such size, more than a 10x increase from prior medical and early adult-use operations. 

 

Learn how this increase in production capacity impacts you and the marketplace. This report, brought to you by New Frontier Data, in partnership with GrowGeneration, addresses:

  • Market Size
  • Growth Trends
  • Pricing and Brand Popularity
  • And much, much more….
Get Your Copy TODAY!
J J McCoy

DOJ Rescinds Cole Memo, Raising Stakes for Rohrabacher-Blumenauer Renewal

By J. J. McCoy,
Senior Managing Editor of New Frontier Data
Read Here

Attorney General Jeff Sessions on Thursday rescinded Obama-era protections for marijuana businesses and cast a dark cloud over a booming industry.


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A look ahead: Challenges, opportunities for marijuana professionals in new year


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For legal marijuana to thrive in the Trump era, Congress must legalize it


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Former federal prosecutor buys California’s first legal cannabis


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New market data shows continued increase in ACMPR enrollment by Canadians


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


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