As the Golden State prepares to roll out new medical and recreational regulations on Jan. 1, 2018, a recent California cannabis study has estimated that all of that preparation will result in a $5 billion windfall for the state’s legal market.
Tag Archives: Data
On May 16, 2017, the Minnesota Department of Health announced that a recent study shows a majority of patients enrolled in the Minnesota Medical Cannabis Program have reported medical cannabis benefitting their conditions.
ST. PAUL, Minn., May 16, 2017 /Weed Wire/ — A majority of Minnesota patients using medical cannabis reported benefits during the first year of the program, according to early data from a first-of-its-kind study by the Minnesota Department of Health (MDH).
When it comes to marijuana enforcement, it’s no secret that racial disparities persist even though black and white communities use marijuana at similar rates. The most recent reminder of this comes from the Old Dominion State, where Virginia marijuana arrests continue to disproportionately affect black communities.
On April 26, 2017, New Frontier Data, an analytics firm, announced that it had released The Cannabis Industry Annual Report: 2017 Legal Marijuana Outlook, revealing some compelling data on the market habits of medical cannabis patients and recreational cannabis consumers across the country.
WASHINGTON, April 26, 2017 /Weed Wire/ – New Frontier Data, the authority in business intelligence for the cannabis industry, has released, The Cannabis Industry Annual Report: 2017 Legal Marijuana Outlook.
Medical cannabis was in demand in California this past 420 holiday. According to Onfleet, a delivery management company, medical cannabis delivery in The Golden State spiked to great heights on April 20.
SANTA FE, N.M., April 24, 2017 /Weed Wire/ — Based upon historical data, estimates show total single-day revenue for New Mexico’s Medical Cannabis Program reached $800,000 on April 20, 2017, three times the revenue over the same period last year. More than 12,400 patients purchased 124 pounds of cannabis each spending an average of $65.
On April 20, 2017, Quinnipiac University announced the results of its latest national poll and found that 60% of American voters believe marijuana use should be legalized in the United States, the greatest level of federal legalization support ever recorded by Quinnipiac.
SANTA BARBARA, Calif., April 12, 2017 /Weed Wire/ — On April 11, 2017, the Santa Barbara County Board of Supervisors adopted an ordinance establishing a limited term, non-personal cannabis cultivation and related Operations Registry Program within the unincorporated areas of the county.
BOULDER, Colo., March 15, 2017 /Weed Wire/ — Move over, Blue Dream. A new strain is muscling into your territory on the dispensary shelf.
SAN FRANCISCO, March 14, 2017 /Weed Wire/ — Enlucem, a strategic brand consultancy currently advising startups in the cannabis space, announced today the results of a detailed consumer study of Californians’ attitudes toward cannabis products.
In mid-February, researchers at Colorado State University and the Center for Health, Work & Environment at the Colorado School of Public Health, published “Work and Well-Being in the Colorado Cannabis Industry.”
STAMFORD, Conn., Feb. 9. 2017 /Weed Wire/ — Cannabis Benchmarks®, a division of New Leaf Data Services, LLC and the cannabis industry’s only independent assessor of wholesale prices, has released its Annual Review & Outlook: 2016-2017 Edition.
SAN FRANCISCO, Feb. 8, 2017 /Weed Wire/ — Following decades of stigmatization and prohibition, a new data report titled, Eaze Insights: State of Cannabis 2016, reveals that Californians are increasingly comfortable with marijuana use and are embracing its benefits.
DENVER, Feb. 2, 2017 /Weed Wire/ — The Colorado Department of Public Health and Environment highlighted several “encouraging trends” in its latest annual report on marijuana-related health concerns.
PALO ALTO, Feb. 2, 2017 /Weed Wire/ — Confident Cannabis™, a division of CC Software, LLC, and Cannabis Benchmarks®, a division of New Leaf Data Services, LLC, have announced a partnership to bring customized wholesale pricing estimates to cannabis businesses.
On Jan. 20, 2017, the Oregon Department of Revenue announced that as of Dec. 31, 2016, it had collected $60.2 million in marijuana tax revenue, surpassing the $43 million forecast by state economists earlier this year.
As of December 31, 2016, the Department of Revenue has received $60.2 million in marijuana tax payments since the state began taxing recreational marijuana in January 2016.
The National Academics of Sciences, Engineering and Medicine has released a 395-page report that looks at a wide range of scientific evidence on the effectiveness of marijuana as medicine. “The Health Effects of Cannabis and Cannabinoids” provides “a comprehensive review of scientific evidence related to the health effects and potential therapeutic benefits of cannabis.”
SEATTLE, Jan. 12, 2016 /Weed Wire/ — The legal cannabis industry is responsible for the creation of an estimated 123,000 full-time jobs in the United States, according to data provided by the online content provider Leafly.com.
According to a study published in the journal Cancer Medicine, hospitalized patients that use marijuana are less likely to suffer from heart disease or heart failure and are less likely to die from cancer.
On Wednesday, the Nevada State Medical Marijuana Program became aware that application information about individuals with medical marijuana agent cards, such as employees and owners of medical marijuana establishments, has been disclosed.
OAKLAND, Calif., Dec. 27, 2016 /Weed Wire/ — Arcview Market Research, the leading publisher of cannabis market research, in partnership with New Frontier Data, the cannabis Big Data and analytics authority has released its Washington Legal Cannabis Market State Profile, which explores the recent significant changes to the state’s cannabis industry.
OAKLAND, Calif., Dec. 22, 2016 /Weed Wire/ — Arcview Market Research, the leading publisher of cannabis market research, in partnership with New Frontier Data, the cannabis Big Data and analytics authority has released its Massachusetts Legal Cannabis Market State Profile.
According to a survey released by the Ohio State Medical Board, only 30% of doctors in the state would be likely to recommend medical marijuana to patients with qualifying conditions.
DENVER, Dec. 21, 2016 /Weed Wire/ — The federal government quietly published new national survey data this week that shows rates of teen marijuana use in Colorado and Washington — the first two states to legalize and regulate marijuana for adult use — decreased more than the national average in 2014-2015.
Institutions need information in order to make decisions. A big part of the information they need to measure and predict outcomes is in the data, but real information is the convergence of that data with sound analysis.
As legalization continues to sweep through the United States, researchers are beginning to see a spike in marijuana use among older Americans. Most recently, a study published in the medical journal Addiction found that the baby-boomer generation is reporting higher rates of marijuana use than any other preceding generation.
For the purpose of this column we consider three types of institutions: government, academic and corporate. They are the thought leaders, market leaders and mainstream actors from outside the industry that are stakeholders in the effects of an economic outcome.
On Dec. 8, 2016, Assistant Professor Paul Seaborn of University of Denver’s Daniels College of Business released the Colorado Marijuana Market Report, an analysis of the Colorado Marijuana Enforcement Division’s raw license data that found Colorado had a record-high of 2,913 active marijuana business licenses as of Dec. 1.
Institutional interest is emerging. Data has become available and it’s time to start telling the story of the marijuana economy.
OAKLAND, Calif., Dec. 6, 2016 /Weed Wire/ — Arcview Market Research, the leading publisher of cannabis market research, in partnership with New Frontier Data, the cannabis Big Data and analytics authority has released its Arizona Legal Cannabis Market State Profile along with the official Arcview Market Research market projection.
OAKLAND, Calif., Dec. 6, 2016 /Weed Wire/ — Arcview Market Research, the leading publisher of cannabis market research, in partnership with New Frontier Data, the cannabis Big Data and analytics authority has released its Florida Legal Cannabis Market State Profile.
According to a recent report from Cowen and Company, the legalization of cannabis is starting to affect beer volumes in Colorado, Oregon and Washington.
Dr. Gupta chats with Seth Meyers about his changed views on medicinal marijuana and how it’s the only thing that works for some people.
The Humboldt Institute for Interdisciplinary Marijuana Research, based at Humboldt State University, has launched the HIIMR Medical Cannabis Business Registry to capture data on California’s marijuana industry.
STAMFORD, Conn., Nov. 2, 2016 /Weed Wire/ — Cannabis Benchmarks®, a division of New Leaf Data Services, LLC, is predicting that wholesale cannabis prices will initially increase with the implementation of California’s Proposition 64.
On Oct. 27, 2016, on the heels of its recent $13 million Series B round of financing, Eaze, a medical marijuana delivery service in the state of California, released its first data report on the voting preferences of registered medical marijuana patients in California.
Oct. 27, 2016 /Weed Wire/ — This year’s presidential election has revealed how divided most Americans are on many issues. However, there is one area where supporters of Donald Trump and Hillary Clinton agree: marijuana policy.
BOULDER, Colo., Oct. 25, 2016 /Weed Wire/ — The Hemp Business Journal (HBJ), the hemp industry’s authority on big data and market intelligence, has released The CBD Report showing cannabidiol as one of the fastest growing market categories in the U.S. hemp and legal marijuana industries with a compound annual growth rate of 59%.
DENVER, Oct. 24, 2016 /Weed Wire/ — Where’s Weed, a popular mobile app that allows consumers to discover and review local marijuana businesses, has announced the release of “Strain Check-Ins.”
On Oct. 18, 2016, CB Insights released a report on deals made and dollars invested into private American cannabis companies in the third quarter of 2016. Deals remained steady for the quarter, but dollars invested dropped to the lowest recorded level since Q3 of 2015.
A talking point often used in the argument over the legalization of medical marijuana is that it will increase marijuana use among teens and young adults; however, according to a new study published in the journal Drug and Alcohol Dependence, that may not necessarily be true.
Washington, D.C.-based startup New Frontier Data has almost completed a $5 million funding round to expand its work doing data and analytics for the legal marijuana industry.
Although opinions of marijuana have started to shift in the United States toward legalization, marijuana-related arrests exceeded the total number of arrests for violent crimes in 2015.
On Oct. 5, 2016, Vancouver Pain Management Society in Vancouver, B.C., notified patients of a potential security breach that may have made the medical data of some patients publicly available on the dispensary’s website.
OAKLAND, Calif., Sept 23, 2016 /Weed Wire/ — Arcview Market Research, the leading publisher of cannabis market research, in partnership with New Frontier Data, the cannabis Big Data and analytics authority has released the Mid-Year Update of the 4th Edition of the State of Legal Marijuana Markets.
DENVER, Sept. 13, 2016 /Weed Wire/ — MassRoots, Inc. (OTCQB:MSRT) and Headset, Inc., a leading business intelligence platform for cannabis-related businesses, are pleased to announce a strategic partnership to expand the functionality and utility of the MassRoots and Headset platforms.
On Sept. 12, 2016, Cowen and Company (Nasdaq:COWN) released a report on the near- and long-term market potential of legal recreational cannabis in the United States, estimating that a federally legal U.S. cannabis market could reach $50 billion in gross retail sales by 2026.