Your Top 5 News Stories - September 17, 2021

September 17, 2021

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The Global Cannabis Trend + New Leaf Stock (NLVVF) Analysis

In a new report, New Frontier Data notes sharp increases among cannabis consumers worldwide, who totaled an estimated 268 million in 2020. 

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Global cannabis sales expected to double to $51 billion by 2025

In its new report, New Frontier Data details expectations for continued strong growth within the largest markets, e.g., the U.S. and Canada. 


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Inside the Battle Over Florida, the Country’s Largest Medical Cannabis Market

The #3 U.S. cannabis market (worth about $1 billion in annual sales) is awash with the largest U.S. companies chasing the market leader. 

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Cannabis sector is not banking on help from Congress before 2022

With issues like infrastructure, health care, and a tax hike under debate, lawmakers are unlikely to move on cannabis reform anytime soon. 


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‘It’s a serious blow:’ cannabis producer Tilray announces shutdown of Nanaimo operation

Tilray will close its cultivation facility in phases through next spring, in making operational efficiencies after its merger with Aphria. 


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