Weekly CannaBit for the week of April 11, 2016: Women are a key demographic in legal marijuana markets, and the growing number of products specifically aimed at female marijuana consumers reflects the significant market opportunity they represent.
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Weekly CannaBit for the week of April 4, 2016: Arrests for marijuana-related offenses in Washington, D.C., began falling in 2011, but since city residents legalized adult use in 2014, the decline has been dramatic. Total arrests have fallen 95% since 2011, and arrests for possession alone have fallen 99% over the same period.
Weekly CannaBit for the week of March 28, 2016: According to the 4th Edition State of Legal Marijuana Markets report, published by ArcView Market Research and produced by New Frontier, California is the largest medical marijuana program in the country.
Weekly CannaBit for the week of Feb. 22, 2016: Alaska has the highest electricity rates among the markets where adult use of marijuana is currently legal and the seven states most likely to legalize in 2016.
Weekly CannaBit for the week of Feb. 8, 2016: A 2015 report by the Bureau of Justice Statistics found that marijuana offenders were imprisoned at approximately half the rate of crack, powder cocaine and methamphetamine offenders.
Weekly CannaBit for the week of Feb. 1, 2016: Currently, half of the American population lives in a state where medical marijuana is legal and one-third (35%) live in a CBD-only state. Four states will vote on medical marijuana legalization in 2016.
Weekly CannaBit for the week of Jan. 25, 2016: Marijuana cultivation for the adult use market in Colorado has exploded since the market opened in January 2014. According to Xcel Energy, cultivation facilities consumed 200 million kilowatt hours in 2014 alone.
Weekly CannaBit for the week of Jan. 18, 2016: Using the current average price of $1,948 per pound in Colorado, an acre of marijuana can yield more than $1.1 million per acre.
Weekly CannaBit for the week of Dec. 7, 2015: Women are significantly less likely to participate in medical marijuana programs than men. Women account for half of the U.S. population but only represent one-quarter of the patients in Arizona.
Weekly CannaBit for the week of Nov. 30, 2015: Consumers in Washington purchased 1.2 million marijuana products in FY15.
Weekly CannaBit for the week of Nov. 23, 2015: Since 1990, the percentage of 18 to 30 year olds who perceive “great risk” in occasionally smoking marijuana has fallen by approximately half.
Weekly CannaBit for the week of Nov. 16, 2015: Tracking the daily sales activity over a six month period revealed two clear trends about marijuana consumption in Washington.
Weekly CannaBit for the week of Nov. 10, 2015: New Frontier analyzes the wide gulf between pre-election marijuana legalization support in Ohio and the election outcome.
Weekly CannaBit for the week of Nov. 2, 2015: A growing majority of Americans now support marijuana legalization according to Gallup’s latest poll on marijuana attitudes.
Weekly CannaBit for the week of Oct. 6, 2015: Over the past 20 years, the number of arrests for drug possession has increased 17% from 1.1 million in 1995 to 1.3 million in 2014.
Weekly CannaBit for the week of Sept. 14, 2015: The number of patients participating in DC’s medical marijuana program has grown more than ten-fold from 362 in May 2014 to 3,948 in July 2015.
Weekly CannaBit for the Week of Sept. 7, 2015: Monthly medical marijuana sales have risen steadily in Arizona, from 36,035 ounces in January 2015 to 54, 353 ounces in July.
Weekly CannaBit for the week of August 31, 2015: Globally, the United Nations estimates that up to 329 million people use the main types of illicit drugs. Cannabis is the most widely used illicit drug by a significant margin.
Weekly CannaBit for the week of August 24, 2015: The volume of retail marijuana sold in Colorado increased ten-fold in the past 18 months.
Weekly CannaBit for the week of August 17, 2015: Since 2009, the number of plants eradicated by the DEA has fallen by nearly 60%, from 10.4 million to 4.3 million in 2014.
Weekly CannaBit for the week of August 3, 2015: New Frontier analysts have charted Washington state’s sales and excise tax from July 2015 - June 2015.
Weekly CannaBit for the week of July 27, 2015: New Frontier analysts have calculated the top 15 states for marijuana use in the past month, with use in Vermont and Rhode Island nearly twice the national average.
Weekly CannaBit for the week of July 21, 2015: New Frontier analysts predict that in the next five years that the number of medical marijuana patients in the United States is going to double.
Weekly CannaBit for the week of July 13, 2015: Democrats and Independents are more likely to support legalization than Republicans, but in the past 40 years Democratic and Republican support has more than tripled.
Weekly CannaBit for the week of July 6, 2015: Support for marijuana legalization has increased dramatically over the past 40 years, with 55% Americans now in favor of adult use.