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Ask Our Experts: How Prevalent Is Hemp Crop Theft?
Thursday, December 5, 2019 - 8:54am | 481By New Frontier Data Q: I keep seeing stories in the news about hemp farmers having their crop stolen by people mistaking it for cannabis; is it really that common? A: From incidents ranging from New York and Pennsylvania to a particularly inept pair in California, the recent harvest season has...
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Marketplace Exchanges Offer Hemp Farmers Harvest-Saving Opportunities
Thursday, December 5, 2019 - 8:52am | 883By William Sumner, Hemp Business Journal Passage of the 2018 Farm Bill and the rise of CBD as a nutritional supplement has led to a boom in hemp cultivation over the past year. According to the U.S. Hemp Market 2019 State Rankings Report, the acreage for licensed hemp cultivation has risen by...
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Cannabis On The Tickets In The Coming UK Elections
Tuesday, December 3, 2019 - 8:49am | 953By Bill Griffin, Special Contributor to New Frontier Data As voters in the United Kingdom prepare to head to the polls on December 12, political conversation revolves mainly around the Brexit question, though there are other issues on the ballot. While cannabis does not lead the agenda, it has...
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Most Cited Reasons For Use Among European CBD Consumers
Monday, December 2, 2019 - 8:52am | 300The European CBD market remains relatively immature, with most consumers being new ones, and about one in three (34%) having first used it within three months prior to the survey. Consumers also cited far-ranging reasons for CBD use, indicating that adoption holds potential to accelerate across...
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Broad CBD Applications Can Drive Growth In Europe
Monday, December 2, 2019 - 8:50am | 671By Molly McCann, Senior Manager, Industry Analytics, New Frontier Data Though Europe's CBD market remains nascent, widespread interest and the diversity of consumers' reasons for using cannabidiol promise to drive strong growth in the industry — but only if CBD products become more...
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Ask New Frontier Data Experts: Vaping Crisis Update
Monday, December 2, 2019 - 8:45am | 790By New Frontier Data Q: It seems that the vaping crisis is not going away; how is the cannabis industry responding to the issue? A: The legal cannabis industry continues to grapple with EVALI, the CDC's working term for a raft of "e-cigarette or vaping, product use associated lung...
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Striking A Regulatory Balance Between Hemp And Pesticides
Friday, November 29, 2019 - 8:23am | 817By William Sumner, Hemp Business Journal Hemp's newfound status as a cash crop has inspired thousands of American farmers to seek cultivation licenses, and many among them are seeking ways to protect their crops from pests and fungus. While hemp is conveniently resistant to certain pests...
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Ask Our Experts: How Much Hemp Does The US Import Every Year?
Friday, November 29, 2019 - 8:21am | 430By New Frontier Data Q: Since the 2018 Farm Bill has legalized hemp cultivation for the first time since World War II, how much hemp is the U.S. importing? A: Prior to 2010, the United States was not a significant importer of hemp. However, as states began legalizing hemp production and the...
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European Hemp Farmers Feeling Hampered By EU's Low THC Limit
Tuesday, November 26, 2019 - 8:51am | 1051By Bill Griffin, Special Contributor to New Frontier Data Since 1999, after intense lobbying from unions representing French farmers, the THC limit for European hemp has been capped at 0.2%. Yet two decades hence, that standard is being blamed for negatively impacting the viability of the...
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Among Largest US Markets, Most Demand Is Still Met By Illicit Supplies
Monday, November 25, 2019 - 8:58am | 249These 10 states make up 57.9% and 57.7% of all illicit supply that is demanded in the U.S. in 2019 and 2020 respectively. The total estimated supply required to support the U.S. cannabis industry in 2019 is 29.8 million pounds, projecting to 34.4 million pounds (up 15.4%) by 2025. In 2019, 18.2%...
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Illicit Cannabis Supply Output Still Dominates In The US
Monday, November 25, 2019 - 8:55am | 634By Beau R Whitney, Senior Economist, New Frontier Data In New Frontier Data's The U.S. Cannabis Cultivation Report: 2019 Legal and Illicit Output by State, the estimated cultivation output in the U.S. for 2019 is forecasted to reach 29.8 million pounds, and expand to 34.4 million pounds by 2025...
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Zefyr's Intelligence Platform Reduces Cannabis Market Information Asymmetries
Thursday, November 21, 2019 - 2:45pm | 373David Skul and Jason Giles, executives at emerging market intelligence platform Zefyr, recently spoke with Benzinga regarding the firm’s prospects. Founded in 2017, the Colorado-based cannabis-focused data company was recently acquired by New Frontier Data, an information solution for the...
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Treading The Muddied Waters Of CBD Standards For Marketing And Safety
Thursday, November 21, 2019 - 8:51am | 932By William Sumner, Hemp Business Journal The U.S. Department of Agriculture (USDA)'s rollout of interim rules for the federal domestic hemp program provided some much needed guidance to the industry. While included were provisions governing hemp testing, license applications, and...
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Ask Our Experts: Qualities For Selecting A Product Manufacturer
Thursday, November 21, 2019 - 8:48am | 474By New Frontier Data Q: What are some things to look for when selecting a CBD manufacturer? A: As a rule of thumb, there are five primary considerations when considering a producer: Where do they source their hemp? Was the hemp grown from a licensed producer? Is the hemp grown domestically, or...
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Growth Of The Canadian Legal Cannabis Industry
Wednesday, November 20, 2019 - 8:37am | 306This month marks Canada's one-year anniversary of legalized adult-use cannabis sales. New Frontier Data estimates that 1.5 million adults have consumed legal cannabis throughout Year One, with the total expected to reach 7.3 million through 2024. Meantime, Canada's legal cannabis demand...