--- title: Your Top 5 News Stories - September 3, 2021 description: Federal Legalization of Cannabis Could Drive Up Prices in California, Weighing the risks and rewards of cannabis banking, and more! image: https://blog.newfrontierdata.com/hubfs/Canabis-Insight-Daily4.jpg --- [![](https://blog.newfrontierdata.com/hs-fs/hubfs/logo-ondark.png?width=431&height=233&name=logo-ondark.png "logo-ondark.png")](https://newfrontierdata.com/) # Your Top 5 News Stories - September 3, 2021 September 03, 2021 [In Sight Daily](https://blog.newfrontierdata.com/topic/in-sight-daily) [![MicrosoftTeams-image (18)-Aug-10-2021-02-42-34-78-PM](https://blog.newfrontierdata.com/hs-fs/hubfs/MicrosoftTeams-image%20(18)-Aug-10-2021-02-42-34-78-PM.png?width=720&name=MicrosoftTeams-image%20(18)-Aug-10-2021-02-42-34-78-PM.png)](http://newfrontierdata.com) [![Commercial-Insight-Equio782x90-1](https://blog.newfrontierdata.com/hs-fs/hubfs/Commercial-Insight-Equio782x90-1.gif?width=720&name=Commercial-Insight-Equio782x90-1.gif)](https://newfrontierdata.com/equio-features/) --- ![international](https://blog.newfrontierdata.com/hs-fs/hubfs/international.jpg?width=720&name=international.jpg) | [![Screen Shot 2021-09-03 at 3.55.44 PM](https://blog.newfrontierdata.com/hubfs/Screen%20Shot%202021-09-03%20at%203.55.44%20PM.png)](https://www.nasdaq.com/articles/as-the-u.s.-inches-forward-slowly-latin-america-lights-the-way-for-global-cannabis)   | **[As the U.S. Inches Forward Slowly, Latin America Lights the Way for Global Cannabis Legalization](https://www.nasdaq.com/articles/as-the-u.s.-inches-forward-slowly-latin-america-lights-the-way-for-global-cannabis)** New Frontier Data’s estimate for the global cannabis market’s worth around $344 billion (both legal and illicit sales) is being borne out.  | | --- | --- | --- ![legislative](https://blog.newfrontierdata.com/hs-fs/hubfs/legislative.jpg?width=720&name=legislative.jpg) | [![Screen Shot 2021-09-03 at 3.56.51 PM](https://blog.newfrontierdata.com/hubfs/Screen%20Shot%202021-09-03%20at%203.56.51%20PM.png)](https://californianewstimes.com/federal-legalization-of-cannabis-could-drive-up-prices-in-california/510309/)   | [**Federal Legalization of Cannabis Could Drive Up Prices in California**](https://californianewstimes.com/federal-legalization-of-cannabis-could-drive-up-prices-in-california/510309/) New Frontier Data’s analysis warns that the federal tax proposed by the bill would become a less competitive market than an illegal market.  | | --- | --- | --- ![finance](https://blog.newfrontierdata.com/hs-fs/hubfs/finance.jpg?width=720&name=finance.jpg) | [![Screen Shot 2021-09-03 at 3.58.05 PM](https://blog.newfrontierdata.com/hubfs/Screen%20Shot%202021-09-03%20at%203.58.05%20PM.png)](https://www.bai.org/banking-strategies/article-detail/weighing-the-risks-and-rewards-of-cannabis-banking/)   | [**Weighing the risks and rewards of cannabis banking**](https://www.bai.org/banking-strategies/article-detail/weighing-the-risks-and-rewards-of-cannabis-banking/) Recent events and guidance from Congress and regulatory agencies suggest that banking institutions may soon be able to accept MRB customers.  | | --- | --- | --- [![NXTecK-DMP-782x90](https://blog.newfrontierdata.com/hs-fs/hubfs/NXTecK-DMP-782x90.gif?width=720&name=NXTecK-DMP-782x90.gif)](https://newfrontierdata.com/nxteck/) --- ![wild card](https://blog.newfrontierdata.com/hs-fs/hubfs/wild%20card.jpg?width=720&name=wild%20card.jpg) | [![Screen Shot 2021-09-03 at 3.59.00 PM](https://blog.newfrontierdata.com/hubfs/Screen%20Shot%202021-09-03%20at%203.59.00%20PM.png)](https://www.aljazeera.com/economy/2021/9/3/how-will-legal-cannabis-firms-navigate-mexicos-business-risks)   | [**How will legal cannabis firms navigate Mexico’s business risks?**](https://www.aljazeera.com/economy/2021/9/3/how-will-legal-cannabis-firms-navigate-mexicos-business-risks) International players are eager to profit from Mexico’s pending market, but will a history of corruption and extortion be part of business?  | | --- | --- | --- ![social cultural](https://blog.newfrontierdata.com/hs-fs/hubfs/social%20cultural.jpg?width=720&name=social%20cultural.jpg) | [![Screen Shot 2021-09-03 at 4.00.03 PM](https://blog.newfrontierdata.com/hubfs/Screen%20Shot%202021-09-03%20at%204.00.03%20PM.png)](https://www.advisorhub.com/merrill-mellows-approach-to-marijuana-related-businesses/)   | [**Merrill Mellows Approach to Marijuana-Related Businesses**](https://www.advisorhub.com/merrill-mellows-approach-to-marijuana-related-businesses/) Project Thunder aims to ease frustration for the brokerage’s financial advisors in onboarding cannabis-related business or investor clients.  | | --- | --- | ---   [![EquioReports-1200x630-LI-FB-v1](https://blog.newfrontierdata.com/hs-fs/hubfs/EquioReports-1200x630-LI-FB-v1.jpg?width=600&name=EquioReports-1200x630-LI-FB-v1.jpg)](https://newfrontierdata.com/equio-features/) --- [![SIN blue](https://blog.newfrontierdata.com/hs-fs/hubfs/SIN%20blue.png?width=389&name=SIN%20blue.png)](http://newfrontierdata.com) [![NFDLogoBlueAquaStacked](https://blog.newfrontierdata.com/hs-fs/hubfs/NFDLogoBlueAquaStacked.png?width=155&name=NFDLogoBlueAquaStacked.png)](http://newfrontierdata.com) [NewFrontierData.com](http://newfrontierdata.com) 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