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9 in 10 Americans Have Legal Marijuana Access
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95% of U.S. Population Lives in States With Legal Marijuana Access
March 5, 2017
  • 95% of the U.S. population lives in a state where there is some form of legal cannabis (including adult use, medical use, CBD only laws.)
  • 93% of Members of Congress represent constituents in markets where some form of cannabis is legal – 412 members in the House of Representatives & 86 Senators.
  • Of those, 334 (62%) represent states that have passed full medical or adult use laws. – 276 Representatives & 58 Senators.
  • Adult use is legal in eight states including the District of Columbia, covering a population of 69 million people.
  • Medical use is legal in 21 states including the District of Columbia, covering a population of 135 million people.
  • CBD only use is legal in 15 states, covering a population of 102 million people (CBD only refers to products where THC must be at or lower than 0.3%.)
  • If the federal government decided to crack down on the adult use market, this year alone, it could jeopardize $3.4 billion in projected revenue and $8.6 billion by 2020.
  • In November 2016, 18 million Americans cast votes in support of either medical or adult use initiatives. These voters represent 6% of the U.S. population.
  • In November 2016, voter participation in states which passed adult use initiatives was 4% higher than the national average (62.9% vs 59.3%) suggesting that adult use legalization may have been a motivating factor for voters.
Indispensable to Sophisticated Investors
Invaluable to Successful Operators

Learn what you need to know:

  • National and State-level Market Sizing & Revenue Projections
  • Federal & State Regulatory Policies
  • Product and Industry Trends
  • Developments in Public Markets
  • Medical Cannabis Research & Innovation
  • Potential Impact of New Administration
  • Expansion of Legalization into International Markets

And much, much, much more!

Navigating the fast-paced, ever-developing environment of the cannabis industry may sometimes seem like the business equivalent of white-water rafting, but The Cannabis Industry Annual Report: 2017 Marijuana Outlook is coming to serve as your steady-handed guide.

New Frontier Data is an independent, technology-driven analytics company offering vetted data, business intelligence, and risk management solutions for investors, operators, and policymakers. Learn why New Frontier’s data and reports have been cited globally in more than 45 countries to inform industry leaders.

The Cannabis Industry Annual Report: 2017 Marijuana Outlook explores all aspects of the U.S. legal marijuana market after the sweeping legalization results of the 2016 Election.

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Read the full article here.
Trump Wants to Override State Law on Marijuana? Not on My Watch
California Officials and the Marijuana Industry Prepare to Fight a Federal Crackdown
Los Angeles Times

Read the full article here.
NFLPA Plans to Explore Whether Marijuana is Safer Alternative to Opiates
NBC Sports
 
Legal Marijuana Sales Creating Escalating Damage to the Environment
Science Daily

Read the full article here.
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