Cannabis News Box

Cannabis reports suggest legalization could create up to a million new jobs in the U.S.

https://weedistry.com/2017/07/04/7-reasons-marijuana-is-patriotic-af/

Bethan Rose Jenkins, Cannabis News Writer/Editorial

September 29, 2020

A recently published report from New Frontier Data – a pioneer in analytics, business intelligence and data for the worldwide cannabis industry – has pinned the value of a federally legal cannabis market in the U.S. at almost $130 billion.  Aside from the moneymaking potential of federal cannabis l...

Study: Legal and illegal cannabis output in the U.S. to surpass 30 million pounds by 2025

Study: Legal and illegal cannabis output in the U.S. to surpass 30 million pounds by 2025

Bethan Rose Jenkins, Cannabis News Writer/Editorial

December 30, 2019

New Frontier Data – a global leader in providing the cannabis industry with analytics, data and business intelligence – has just published "The U.S. Cannabis Cultivation Report: 2019 Legal and Illicit Output by State." Based on the report's findings, the total volume of cannabis being produced in ...

The black market for cannabis is overshadowing the legal market in North America

https://en.wikipedia.org/wiki/List_of_sovereign_states_and_dependent_territories_in_North_America

Bethan Rose Jenkins, Cannabis News Writer/Editorial

December 21, 2019

North America's legal cannabis market is undoubtedly thriving, but so is the black market. New Frontier Data – an independent analytics company specializing in the cannabis sector – thinks that illegally-operating cartels are capable of bagging more customers than their legal opponents, moving forward. ...

Report: Ethiopia’s cannabis market could be worth $10 billion

https://answersafrica.com/ethiopian-flag-meaning-symbolism.html

Bethan Rose Jenkins, Cannabis News Writer/Editorial

June 14, 2019

Washington-based cannabis industry analytics company New Frontier Data has published a report that spotlights the earning potential of Ethiopia's cannabis market. Titled "the African Regional Hemp & Cannabis Report 2019," this interesting insight into the East African country's cannabis market re...

Oregon Senate votes to legalize interstate cannabis imports and exports

https://www.ecosia.org/images?q=oregon+cannabis#id=8A249F9662D52E27C7A5CEB5E0884D9F06CE9167

Bethan Rose Jenkins, Cannabis News Writer/Editorial

May 31, 2019

Later this year, legislation to permit interstate cannabis imports and exports throughout Oregon will be pondered over by a team of lawmakers. This is based on a recent report by the Statesman Journal. Legislation of this kind would enable cannabis wholesalers who are operating within this state in the...

Analysts predict global hemp industry will be valued at $5.7 billion by 2020

http://hempbeach.com/washington-applicants-seek-marijuana-grow-licenses-more-than-retail/

Bethan Rose Jenkins, Cannabis News Writer/Editorial

March 11, 2019

The future looks bright for the hemp industry. Thanks to scientific evidence demonstrating the plant's therapeutic qualities, hemp is emerging as a comeback crop in the United States and across Canada. A plant that grows with no more than 0.2 percent THC (tetrahydrocannabinol), hemp could earn C...

Big Pharma, Big Tobacco betting big on legal weed

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Bethan Rose Jenkins, Cannabis News Writer/Editorial

February 28, 2019

Major pharmaceutical drug companies are getting involved in legal cannabis, albeit a bit discreetly. According to recent reports, patents are being snapped up left, right and center, while some pharmaceutical giants are dishing out all their dollar on research and development (R&D). So long as a drug is deemed...

Report reveals constant climb in U.S. cannabis consumer shopping

Report reveals constant climb in U.S. cannabis consumer shopping

Bethan Rose Jenkins, Cannabis News Writer/Editorial

February 12, 2019

A report by New Frontier Data has demonstrated growth in U.S. cannabis consumer shopping. Average expenditure per consumer seems to be inflating as more states adapt their laws to permit pot in some form, be it medical or recreational. States are showing growth in their respective legal weed ma...

Global medical cannabis market set to be worth $28 billion by 2024

https://www.marijuanatimes.org/cities-across-the-nation-are-banning-cannabis-before-its-even-legalized/

Bethan Rose Jenkins, Cannabis News Writer/Editorial

May 7, 2018

Energias Market Research has released a report detailing the projected size of the global medical cannabis market in 2024. The report showed how the market will swell at a compound annual growth rate (CAGR) of 19.1 percent between 2018 and 2024. Estimated to be worth $8.28 billion in 2017, the global medical cannabis market will skyro...

Federally legal cannabis could generate $106 billion in tax revenue

Federally legal cannabis could generate $106 billion in tax revenue

March 13, 2018

If cannabis were fully legalized under federal law, the plant could generate $105.6 billion in tax revenue, according to numbers from New Frontier Data. Legalization nationwide could also produce 1 million new jobs by 2025. "Under the new business tax rate of 21 percent, the Trump tax cuts will come as welcome relief to cannabis business owners who already face tax hurdles bec...

New study shows federal cannabis legalization could create 1 million new jobs

New study shows federal cannabis legalization could create 1 million new jobs

Annureet Kaur

January 15, 2018

A new analysis found that legalizing cannabis on the federal level would lead to more than $130 million in tax revenue as well as over 1 million new jobs by 2025. New Frontier Data, a research and marketing firm, published the new findings after "rigorous, issue-neutral and comprehensive analysis ...

Here are the effects of cannabis legalization after 5 years

Here are the effects of cannabis legalization after 5 years

November 6, 2017

Today is the five-year anniversary of Colorado and Washington residents voting to legalize cannabis for social use. While most of legalization naysayers have created narratives regarding the "danger" of cannabis use, the data collected in the last five years has refuted all those fears with factual evidence. Read...

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