---
title: Your Top 5 News Stories - August 5, 2021
description: How to Successfully Launch a Legal Cannabis Business, Three Pot Stocks to Avoid Like the Plague in August, and more!
---

[New Frontier Data - Cannabis Insight Daily](https://blog.newfrontierdata.com)

# [Your Top 5 News Stories - August 5, 2021](https://blog.newfrontierdata.com/in-sight-daily-8-5-21)

 Written by [New Frontier Data](https://blog.newfrontierdata.com/author/new-frontier-data) | Aug 5, 2021 5:52:08 PM

<http://newfrontierdata.com>

<https://newfrontierdata.com/equio-features/>

| <https://appinventiv.com/blog/legally-establishing-a-cannabis-business/>   | [**How to Successfully Launch a Legal Cannabis Business**](https://appinventiv.com/blog/legally-establishing-a-cannabis-business/) As New Frontier Data estimates that the U.S. cannabis industry employs more than a quarter-million people, some due diligence is required.  |
| --- | --- |

| <https://www.fool.com/investing/2021/08/04/3-pot-stocks-to-avoid-like-the-plague-in-august/>   | **[Three Pot Stocks to Avoid Like the Plague in August](https://www.fool.com/investing/2021/08/04/3-pot-stocks-to-avoid-like-the-plague-in-august/)** While New Frontier Data projects industry growth averaging 21% annually past $41 billion in mid-decade, some trends are worth considering.  |
| --- | --- |

| <https://www.leafly.com/news/industry/weed-sorting-machine-grades-440-pounds-hour>   | [**Watch This Machine Sort 440 Pounds of Weed Per Hour**](https://www.leafly.com/news/industry/weed-sorting-machine-grades-440-pounds-hour) New Frontier Data figures that some 30 million pounds of cannabis is harvested annually, but new tech offers a cotton-gin-style advance.  |
| --- | --- |

<https://newfrontierdata.com/nxteck/>

| <https://www.chestercounty.com/2021/08/03/364574/hemp-alternative-acres-of-new-opportunity>   | [**Hemp-Alternative: Acres of new opportunity**](https://www.chestercounty.com/2021/08/03/364574/hemp-alternative-acres-of-new-opportunity) A health-care IT expert and New Frontier Data investor is investigating alternative solutions for geriatric patients and their chronic pain.  |
| --- | --- |

| <https://www.forbes.com/sites/emilyprice/2021/08/05/exclusive-cannabis-ice-cream-is-coming/?sh=1a7f671b5bd7>   | [**Cannabis Ice Cream Is Coming. Here’s The Scoop on How to Get It**](https://www.forbes.com/sites/emilyprice/2021/08/05/exclusive-cannabis-ice-cream-is-coming/) Even if too late for this summer, Massachusetts consumers may yet be screaming before year’s end for the coolest of cannabis confections.   |
| --- | --- |

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