---
title: Your Top 5 News Stories - November 1, 2021
description: Skylight Health Group agrees to sell legacy businesses, Three reasons Big Tobacco could take over legal cannabis sooner than expected, and more!
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---

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# Your Top 5 News Stories - November 1, 2021

 November 01, 2021

[In Sight Daily](https://blog.newfrontierdata.com/topic/in-sight-daily)

[![MicrosoftTeams-image (18)-Aug-10-2021-02-42-34-78-PM](https://blog.newfrontierdata.com/hs-fs/hubfs/MicrosoftTeams-image%20(18)-Aug-10-2021-02-42-34-78-PM.png?width=720&name=MicrosoftTeams-image%20(18)-Aug-10-2021-02-42-34-78-PM.png)](http://newfrontierdata.com)

[![728x90-Eexplore-equio](https://blog.newfrontierdata.com/hs-fs/hubfs/728x90-Eexplore-equio.gif?width=695&name=728x90-Eexplore-equio.gif)](https://newfrontierdata.com/equio-features/)

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![medical](https://blog.newfrontierdata.com/hs-fs/hubfs/medical.jpg?width=695&name=medical.jpg)

| [![Screen Shot 2021-11-01 at 1.41.00 PM](https://blog.newfrontierdata.com/hubfs/Screen%20Shot%202021-11-01%20at%201.41.00%20PM.png)](https://themarketherald.ca/skylight-health-group-executes-definitive-asset-purchase-agreement-to-divest-legacy-business-to-new-frontier-data-2021-10-29/)   | **[Skylight Health Group agrees to sell legacy businesses](https://themarketherald.ca/skylight-health-group-executes-definitive-asset-purchase-agreement-to-divest-legacy-business-to-new-frontier-data-2021-10-29/)** New Frontier Data’s $8.6 million acquisition represents the largest centralized source of U.S. medical cannabis patient consumption data.  |
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![finance](https://blog.newfrontierdata.com/hs-fs/hubfs/finance.jpg?width=695&name=finance.jpg)

| [![Screen Shot 2021-11-01 at 1.42.51 PM](https://blog.newfrontierdata.com/hubfs/Screen%20Shot%202021-11-01%20at%201.42.51%20PM.png)](https://lfpress.com/cannabis-news/three-reasons-big-tobacco-could-take-over-legal-cannabis-sooner-than-expected)   | [**Three reasons Big Tobacco could take over legal cannabis sooner than expected**](https://lfpress.com/cannabis-news/three-reasons-big-tobacco-could-take-over-legal-cannabis-sooner-than-expected) Many Big Tobacco players are already positioned for cannabis production as soon as federal approval arrives from a legislative standpoint.  |
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![tech science innovation](https://blog.newfrontierdata.com/hs-fs/hubfs/tech%20science%20innovation.jpg?width=695&name=tech%20science%20innovation.jpg)

| [![Screen Shot 2021-11-01 at 1.43.42 PM](https://blog.newfrontierdata.com/hubfs/Screen%20Shot%202021-11-01%20at%201.43.42%20PM.png)](https://mjbizdaily.com/edibles-and-beverages-are-popular-choices-with-new-cannabis-users/)   | [**Edibles and beverages are popular choices with new cannabis users**](https://mjbizdaily.com/edibles-and-beverages-are-popular-choices-with-new-cannabis-users/) The uptick in sales is attributed to familiarity, but also to nanotechnology allowing for a faster and more predictable onset of effects.  |
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[![NXTecK-DMP-782x90-1](https://blog.newfrontierdata.com/hs-fs/hubfs/NXTecK-DMP-782x90-1.gif?width=695&name=NXTecK-DMP-782x90-1.gif)](https://newfrontierdata.com/nxteck/)

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![wild card](https://blog.newfrontierdata.com/hs-fs/hubfs/wild%20card.jpg?width=695&name=wild%20card.jpg)

| [![Screen Shot 2021-11-01 at 1.44.42 PM](https://blog.newfrontierdata.com/hubfs/Screen%20Shot%202021-11-01%20at%201.44.42%20PM.png)](https://www.bloomberg.com/news/newsletters/2021-11-01/psychedelics-stocks-cannabis-stocks-shouldn-t-trade-the-same)   | [**Psychedelics Take a High But Rocky Road**](https://www.bloomberg.com/news/newsletters/2021-11-01/psychedelics-stocks-cannabis-stocks-shouldn-t-trade-the-same) The global medical cannabis market is worth $12.9 billion in 2021, and the adult-use market $16.5 billion, according to New Frontier Data.  |
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![hemp](https://blog.newfrontierdata.com/hs-fs/hubfs/hemp.jpg?width=695&name=hemp.jpg)

| [![Screen Shot 2021-11-01 at 1.46.06 PM](https://blog.newfrontierdata.com/hubfs/Screen%20Shot%202021-11-01%20at%201.46.06%20PM.png)](https://hempindustrial.com/patrick-atagi-named-president-and-ceo-of-nihc/)   | [**Atagi Named President and CEO of** **National Industrial Hemp Council** ](https://hempindustrial.com/patrick-atagi-named-president-and-ceo-of-nihc/) Members, industry and international partners, and policymakers will meet with him this month during the NIHC’s 2021 Hemp Business Summit. |
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[![event](https://blog.newfrontierdata.com/hs-fs/hubfs/event.jpg?width=1200&name=event.jpg)![MicrosoftTeams-image (52)](https://blog.newfrontierdata.com/hubfs/MicrosoftTeams-image%20(52).png)](https://newfrontierdata.zoom.us/webinar/register/4216191920335/WN_VmoVeC8NToe_6Ob3eZDHow?utm_campaign=Cannabis%20%26%20Wellness%3A%20A%20New%20Consumer%20Paradigm&utm_source=email&utm_medium=HubSpot&utm_term=newsletter&utm_content=Health%20and%20Wellness%20Webinar)

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