|Bid||10.30 x 1000|
|Ask||10.32 x 1000|
|Day's Range||10.32 - 10.33|
|52 Week Range||9.63 - 10.35|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 25, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Touted for a range of therapeutic and health benefits, and coupled with its non-psychoactive nature, CBD is a desirable product for curious consumers who may be hesitant to try other cannabis products that contain THC. New Frontier Data recently completed an expansive European survey (coming soon) to examine rates of awareness and use of CBD among consumers in 17countries across the European Union (EU). Continuing New Frontier Data's in-depth consumer research on CBD, the findings shed light on the EU's rapidly developing sector.
A: A report over the summer from the State of Colorado (Marijuana Enforcement Division) provided some very interesting data on inventory and on prices. As Colorado and other markets mature, they can identify key issues that have not yet manifested themselves in more nascent markets. Also, unlike most states, Colorado only allows growers to increase their canopy if they can prove sufficient demand for their existing output.
Q: How will the USDA's Interim Rules affect the hemp industry? A: Within the first two weeks of opening a public comment period, more than 500 questions have been submitted regarding the U.S. Department of Agriculture (USDA)'s interim hemp regulations. While it may take time to develop technology that can discern the difference between hemp and cannabis in the field, the USDA is aiming to create a comprehensive hemp database to will help law enforcement recognize legal hemp shipments.
New Frontier Data, the global authority in data, analytics and business intelligence for the cannabis industry, launches its Cannabis Consumer Insight Series, deep–diving into various aspects of cannabis consumer segments worldwide. The research series will explore topics including CBD-specific consumer insights, retail and online cannabis shopping behavior, consumer adoption cycles, and consumer pricing elasticity. "The cannabis consumer segment is not only one of the most significant consumer groups to have been identified in the past 20 years, it is also one whose behavior deviates significantly from traditional consumer segments.
Q: We have been hearing about the wildfires and blackouts in California; how will they affect the largest U.S. cannabis market? A: Though California's wildfires have so far this year not been as active as in 2018, they have raged, nonetheless. Hardest hit by far has been Sonoma County, with a reported 77,758 acres burned last month.
With California wildfires seemingly a daily subject in the news media lately, U.S. Department of Agriculture officials have suggested that references to "fire season" should be updated to "fire years" instead. Marked changes in the climate, decreased snows, and more than a decade of drought leave California and other Western states on edge about crises of water resource depletion and perennial wildfires. Among an annual average of 61,375 human-caused wildfires in the U.S., reports the National Interagency Fire Center, California experiences about 7,500 (12%) of them.
Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and successful investors' positions as of the end of the second quarter. You can find write-ups about an individual hedge fund's trades on numerous financial […]
At the Benzinga Cannabis Capital Conference last month, cannabis research provider New Frontier Data announced the launch of its Equio Data Marketplace, a resource that will give investors and others in cannabis access to more industry research. Benzinga exchanged emails with New Frontier Data to get a little more info on what exactly the platform is offering. Giada Aguirre De Carcer, New Frontier Data Founder & CEO: Our Equio online platform provides digital, visualized and interactive access to a combination of quantitative and qualitative data in the form of raw streams, indices, market benchmarks, curated news and analytical content across both vertical and geographic segments.
Who is buying all the CBD products? CBD is used by all types of consumers, purchasing CBD-infused products for a variety of reasons. With passage of the 2018 U.S. Farm Bill which federally legalized hemp for the first time since World War II, the market for hemp-derived CBD products has seen explosive growth.
While there has been much discussion about the total demand in the cannabis market, the trends in consumer and products preferences, and how policies are shaping business opportunities, often overlooked has been the status of cannabis supply throughout the United States. In its forthcoming report, U.S. Cannabis Cultivation Output Estimates (2019), New Frontier Data provides cultivation output estimates for each state, differentiating between legal and illicit cultivation. "This is a first-of-its-kind of report", explained Beau Whitney, New Frontier Data's Senior Economist.
Following an exclusive announcement at the Benzinga Cannabis Capital Conference in Chicago, New Frontier Data officially launched of the Equio Data Markeplace. “Data democratization is necessary in the fast-moving and expanding global cannabis market,” said Giadha Aguirre de Carcer, New Frontier Data CEO and founder.
Q: What degree of activity does Australia represent in the global hemp market? Like most markets around the world, Australia's hemp industry is in its infancy. In November 2017, Australia legalized the sale of hemp foods, and since then its industry has focused mainly on building up its infrastructure and figuring out which hemp seeds work best in the country's various climate conditions.
After a full year of legal, regulated sales of cannabis in Canada, and armed with nine months' worth of data from Statistics Canada (October 2018 to July 2019) and additional intelligence sourced from private companies, New Frontier Data has analyzed and aggregated the impacts and some lessons learned about federal legalization in a large country. The performance of the adult-use market not only provides invaluable strategic insights for businesses across the three industry sectors, but also serves as a referential guide for governments worldwide which are contemplating cannabis legalization. The National Cannabis Survey (run by Statistics Canada) shows that the Cannabis Act era has expanded the number of consumers in Canada.
The report examines the Canadian cannabis market, including sales, consumer preferences, investments, jobs and more, following one year of federally legalized adult-use. "After one year of legalized adult-use, Canada's cannabis market has established its roots and is primed for rapid growth after a delayed launch, poor supply and limited retail access suffocated early sales," said Giadha Aguirre de Carcer, Founder and CEO of New Frontier Data.
New Frontier Data released its "Canada Cannabis Report: 2019 Industry Outlook," which coincides with the one-year anniversary of the country’s Cannabis Act. The report focuses on how the market ...
HONG KONG, Oct. 25, 2019 -- New Frontier Corporation (NYSE: NFC) (“NFC”), a publicly traded special purpose acquisition company, and United Family Healthcare (“UFH”), a leading.
In New Frontier Data's recently released The Canada Cannabis Report: 2019 Industry Outlook, the report examines the Canadian cannabis market, including sales, consumer preferences, investments, jobs and more, following one year of federally legalized adult-use.
A: In 2016, the Drug Abuse Resistance Education program, (D.A.R.E), removed cannabis from its list of gateway drugs. A 1994 national study by the Department of Justice showed only small, short-term reductions in D.A.R.E. participants' use of tobacco — but not for alcohol or marijuana. Thus — despite recent reports cited by the Centers for Disease Control and Prevention (CDC) and the National Institute on Drug Abuse, among others, which show no corresponding increases in marijuana use by youths regardless of adult-use legalization in states including Colorado, Oregon, and Washington — D.A.R.E.'s website yet purports without sourcing that research is "still inconclusive regarding whether or not marijuana is a gateway drug and, if so, what other variables may contribute to an individual who has repeatedly used marijuana being drawn to experiment or use other types of illicit drugs." It goes on to claim that a student's use of marijuana is a high-risk behavior with unhealthy consequences, including unsourced allusions to heroin use.
New Frontier Data , the authority in data, analytics and business intelligence for the global cannabis industry, releases a new study in partnership with Humboldt Green, Sunboldt Grown, and Ice Box Flat ...
Among the public health concerns commonly cited by opponents of cannabis legalization is a perceived increase in traffic accidents and fatalities. This has not been the case," explained Dr Reggie Gaudino, New Frontier Data's Chief Science Adviser. Research from the American Journal of Public Health set out to evaluate fatalities as a result of vehicle crashes in Washington state and Colorado (the first U.S. states to introduce full cannabis legalization), while comparing them to similar states without legalized cannabis for adult use.
Q: With more conversations about national reforms being had in Washington, D.C., what was the takeaway from your new report regarding the nationwide forecast for jobs and taxes pending federal legalization? A: In gathering the research presented in New Frontier Data's recent release, Cannabis in the U.S. Economy: Jobs, Growth and Tax Revenue (2019 Edition), projections were based on the current economic impacts shaping the federal tax revenues and jobs associated with the legal cannabis market as it currently exists. In the current legal structure, there are approximately 340,000 jobs (direct and indirect, but not induced) associated with the cannabis industry.
The cannabis-focused analytics company, New Frontier Data , announced an agreement Wednesday to acquire Zefyr, Inc ., a data discovery and profiling platform serving the cannabis industry. Zefyr collects data ...
The Netherlands has long been known for entertaining a progressive stance towards cannabis distribution and adult use. Since the 1970s, the country's cannabis "coffeeshops" have been tolerated throughout various regimes as a means to separate cannabis from harder drugs, and create a relatively safe environment for people to purchase and consume cannabis products. Such a disconnect lacks accountability for quality or consistency, due to the illicit-market supply chain for coffeeshops to obtain its stocks in the first place.
As public support for reform surges and the U.S. legal cannabis industry continues to mature, New Frontier Data has been tracking the impact which legalization has had on both jobs and taxes in each legal state across the nation. The results – and forecasts informed by them – are now available in the 2019 edition of Cannabis in the U.S. Economy: Jobs, Growth & Tax Revenue. With 11 states allowing adult-use access to cannabis, and 33 states permitting medical access, more than 68% of the U.S. population has access to legal cannabis in some form.
Q: With headlines about retailers detailing their general demise, what are the market prospects for cannabis outlets and dispensaries? A: While it is true that prospects seem bleak for the local mall and businesses from Forever 21 to J.C. Penney (NYSE: JCP) and J. Crew, retail is not dead. According to the most recently available figures from the U.S. Census Bureau, estimates of U.S. retail and food services sales for August 2019 (adjusted for seasonal variation and holiday and trading-day differences, but not price changes) increased 0.4% from the previous month, and 4.1% year-over-year above August 2018.