New Frontier Data - Cannabis Insight Daily

Your Top 5 News Stories - September 17, 2021

Written by New Frontier Data | Sep 17, 2021 6:14:16 PM

 

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. 

 

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. 

 

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. 

 

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. 

 

‘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. 

NewFrontierData.com