New Frontier Data - Cannabis Insight Daily

Your Top 5 News Stories - June 15, 2021

Written by New Frontier Data | Jun 16, 2021 4:40:12 PM

 

Billions in black-market weed still selling in Illinois 18 months after marijuana legalized
New Frontier Data estimates U.S. illicit-market cannabis sales to top $2.2 billion this year, versus about $1.9 billion in legal sales. 

 

Two Smart Ways for Robinhood Investors to Play the Cannabis Craze
New Frontier Data forecasts 21% average annual U.S. sales growth over 2019-2025, for more than $41 billion in yearly revenue by mid-decade. 

 

Cannabis may fuel a new food culture
Combinations of cannabinoids, terpenes and flavonoids offer expansively large dynamics and opportunities, as beverages are demonstrating. 

 

Why The Pandemic Was Good News for Pot
New Frontier Data tracked sales in U.S. legal medical and adult-use states at $5.84 billion in Q1-2021, expecting Q2 sales over $6 billion. 

 

Pro Athletes’ CBD Use Is Coming Under Scrutiny
Today’s consumer segment using cannabis-related products for sports represents about 8% of annual consumers, according to New Frontier Data. 

 

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