Medical Marijuana Dominating the Industry
View this email in your browser
Medical Marijuana Markets Projected to Reach $11 Billion by 2020
December 11, 2016

Based on new research by New Frontier Data and Arcview Market Research, by 2020 the U.S. medical cannabis market is projected to reach approximately $11 billion in annual sales. At that point, the two largest medical markets will be in California ($3.3 billion) and Florida ($1.6 billion), which combined will account for nearly half of the entire U.S. medical market.

Other major markets which are each projected to total just under $1 billion by 2020 include Michigan, Ohio, and Pennsylvania. Three of the five largest markets - Florida, Ohio, and Pennsylvania - legalized medical cannabis in 2016.

New Frontier Data, in partnership with Arcview Market Research, has released the 2016 Florida Legal Cannabis Market State Profile and the 2016 Arizona Legal Cannabis Market State Profile, revealing the potential growth of the legal cannabis market in Florida and Arizona after the historical Election Night.
This report looks at:
  • National and State Market Projections through 2020
  • The development of advanced delivery services to increase access to products for elderly patients
  • The potential for a restrictive market due to action by the legislature and the DOH
  • Potential barriers to physician certification and participation
This report looks at:
  • National and State Market Projections through 2020 
  • The impact of Arizona’s hot climate on medical marijuana cultivation
  • Growth in competition in the medical market
  • Market Consolidation
  • Cannabis diversion into Arizona
  • Big Pharma involvement
Get the reports NOW!

Join us for our 2016 Year End Review with New Frontier Data and our esteemed panel of industry experts as they discuss 2016 as a transformational year for the cannabis industry and trends and projections for the years ahead.
Sign up for the FREE webinar!
Read the full article here.
Study Finds Most Investors Comfortable With Businesses That 'Touch' Marijuana

Read the full article here.
Baby Boomers on Dope: Recreational Marijuana Use is on the Rise Among Adults Over 50
Science Daily, NYU
Colorado Lawmakers Plan Crackdown on Home Pot Growers
The Denver Post

Read the full article here.
Maine: Cannabis Ballot Question to Be Recounted Dec. 5
Cannabis Business Times

Read the full article here.
Copyright © 2016 Frontier Financial Group, Inc, All rights reserved.

Our mailing address is:
1990 M Street, NW, Suite 530
Washington, DC  20036

Want to change how you receive these emails?
You can update your preferences or unsubscribe from this list