New Frontier Data

New Frontier Data released Cannabis Capital: 2023 Industry Market Report. The report, sponsored by Viridian Capital Partners, and based on capital markets data from the Viridian Cannabis Deal Tracker, details aggregate top-line investment activity in the legal cannabis sector and its ancillary...

A new report from New Frontier Data (NFD) showed that U.S. home weed growers will produce more than 11 million pounds of dried cannabis flower this year. The report notd that in 2020, Colorado produced 816,000 lbs. of dried flower while generating $2.2 billion in legal sales. NFD...

Returning to world travel and current events has recently brought cannabis travel back into the spotlight. People are traveling again despite ongoing COVID-19 worries and increasing Moneypox cases. At the same time, the 9-year sentence of WNBA star Brittney Griner in a Russian court for two...

Since 2012, millennials have been the pioneers of cannabis recreational adult use. This is extremely important not only to change society's perception of marijuana but also to contribute to the evolution of the cannabis industry. Currently, there are about 72 million millennials in the United...

What sets Gen Z apart from their parents and grandparents?  Technology is the first thing that comes to mind as the most defining difference from their predecessors. And it's huge. Baby Boomers grew up with black-and-white TV, Gen X developed computer skills...

New Frontier Data, entered into a broad data partnership with Treez. The partnership provides new solutions designed to bring speed, accuracy and transparency to cannabis retail, brand and product performance. Leveraging unique, aggregate access to Treez’s anonymized retail data, New Frontier...

Consolidation of the cannabis industry is inevitable as the market matures. Heading into 2022, numerous forecasts predicted another flurry of M&A activity after an energized 2021. With nearly three months of the year complete, opinions are split on M&A activity so far. M&A In 2022 Is On...

New Frontier Data in partnership with FTI Consulting, released its annual market update, the 2022 U.S. Cannabis Report: Industry Projections & Trends. The report projects annual U.S. legal cannabis sales to exceed $57 billion by 2030 (a CAGR of 14%) in current legal states, and if the 18...

Stephen Hurst Steps Down From MindMed's Board Of Directors Psychedelic-focused biotech company Mind Medicine Inc (NASDAQ: MNMD) announced on Friday that Stephen Hurst has resigned from his role as director of the company's board. Robert Barrow, CEO and director of the New...

New Frontier Data confirmed Monday that it has executed an asset purchase agreement to acquire Skylight Health Group Inc’s (TSXV: SLHG) (NASDAQ: SLHG) medical cannabis certification businesses - Canna Care Docs and Relaxed Clarity for $8.63 million in cash. The total consideration will...

Digital Venture Partners Appoints Chirali Patel As Managing Partner, CCO Digital Venture Partners has tapped Chirali Patel to serve as managing partner and chief compliance officer. Patel is an attorney bringing “unique public and private insight into the world of cannabis.” Prior to...

The National Association of Cannabis Businesses (NACB) has teamed up with the Emerging Markets Coalition (EMC) to create a national standard for cash management for the cannabis industry. While the legal cannabis market in the U.S. is continually advancing, being estimated to reach $35...

Even though the cannabis industry can pride itself on using notably less water than other big crops in California, there is still a lot of room for improvement, New Frontier Data said in its latest report. The cannabis-oriented analytics company partnered with Resource Innovation...

Annual legal medical and recreational sales are estimated to grow at a compound annual growth rate (CAGR) of 21%, hitting more than $41 billion by 2025, compared to $13.2 billion in 2019; That's according to recent data compiled by cannabis-oriented analytics company, New Frontier Data. The...

October saw the opening of several cannabis marketplaces in the United States. Maine was the first to do so on Oct. 9 when its long-awaited adult use market came online. Missouri and Virginia followed suit on Oct. 17, with Virginia opening one hour earlier. Virginia's market expects to be...