New Frontier Data - Cannabis Insight Daily

Your Top 5 News Stories - November 18, 2021

Written by New Frontier Data | Nov 18, 2021 11:16:31 PM

 

Democratic divide puts congressional action on marijuana in doubt

Democratic sponsors say that the narrower, bipartisan bill would make passing their broader social-equity bill more unlikely to realize. 

 

The economics of pot: Price of cannabis flower drops 50% from last year

Pinched by low prices and oversupply, cultivators expect their profit margins to tighten further as “Croptober” harvests hit the market. 

 

Why the Legal Cannabis Industry Is High on the American South

California is undisputedly the largest U.S. cannabis market, but states like Virginia and Georgia represent greater potential for growth. 

 

 

Competition heats up among providers of marijuana point-of-sale software

Competition in the cannabis point-of-sale (POS) sector increases chances for downward price pressures and consolidation among POS providers. 

 

Will Cannabis Drinks Alter the Market for Beer, Wine and Spirits?

A majority (51%) of adult Americans now profess familiarity with cannabis-infused beverages, which hold particularly appeal for Gen Xers. 

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