New Frontier Data - Cannabis Insight Daily

Your Top 5 News Stories - August 16, 2021

Written by New Frontier Data | Aug 16, 2021 5:22:24 PM

 

The Cannabis & Psychedelic Long-Game: Don’t Do This

New Frontier Data expects cannabis sales to keep increasing throughout the second half of the year, reaching $24.9 billion by 2021’s end. 

 

Four things to watch in the cannabis market amid earnings season, possible legislation

Profitability, M&A activity, technicals, and macroeconomic drivers are the four components which most bear due diligence for investment. 

 

Navigate cannabis legalization, avoid employment litigation 

While degrees of cannabis legalization vary, most states have adopted forms of legal protection for medical use, recreational use, or both. 

 

Argentina: Matías Kulfas affirmed that 'there are middle-income sectors that are not very far from the poverty line'

The Minister of Productive Development sees $100 million USD of investment spurring 10,000 jobs and a $500M in sales in the “medium term”. 

 

Why I Believe Celebrities Are a Key Piece in the Battle for Cannabis Legalization
A 2020 poll found celebrity influencers having traction among 36% of Gen Zers, 32% of Millennials, 24% of Gen Xers, and 19% of Baby Boomers. 

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