Medical Cannabis Consumers


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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  • More than 3,000 self-identifying cannabis consumers nationwide participated in New Frontier Data’s 2018 Cannabis Consumer Survey.
  • Nearly 1/3 (32%) of participants described themselves as medical consumers, while more than 2/3 (68%) called themselves recreational consumers.
  • Overall, 1/3 (33%) of cannabis consumers reported using it only recreationally, while 10% said they used it exclusively for medical purposes
  • Among medical consumers, nearly 2/3 (66%) used cannabis to manage pain, with 38% describing pain management as their primary reason for using it; almost half (48%) had used it in place of a prescription pain medication, while 41% did to replace an over-the-counter pain medication.
  • Pain management was commonly cited among recreational consumers, too — 30% listed it as a reason to use cannabis.
  • You can purchase this report here.


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: CannabisNewsMarketsCanabiscannabis industrymedicalNew Frontier Data