#new frontier data

[cannabisbusinessexecutive]

Recreational Marijuana Would Create More Than 100,000 New Jobs in Florida, Study Says

Recreational Marijuana Would Create More Than 100,000 New Jobs in Florida, Study Says

The number of jobs related to hemp, cannabis, and marijuana could increase more than sevenfold in Florida by the year 2025 — that is, if recreational marijuana gains approval in the November 2020 election.

The prediction comes from a new study on the cannabis industry conducted by New Frontier Data.

“Assuming full federal legalization, New Frontier Data estimates cannabis jobs could reach 128,587…

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[cannabisbusinessexecutive]

5 Key Factors to Consider Before Making a Cannabis Acquisition

5 Key Factors to Consider Before Making a Cannabis Acquisition

With talk of a looming recession, many analysts predict that during a downturn there will be a short list of growth industries that can deliver a healthy return on investment. Cannabis is near the top of that list. In fact, spending on legal cannabis in the U.S. is expected to increase from the current $12.9 billion to $20.4 billion in 2022, according to New Frontier Data.

As investors…

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[stonergandorff]

The Latest Cannabis Economic Predictions

It’s undeniable that cannabis has substantial benefits to offer our economy. From additional tax revenue to the creation of new jobs the legalization of cannabis has a lot to offer states that choose to implement medical or adult retail cannabis markets. A recent studyby a leading statistical company in the cannabis sector, New Frontier Data, showed some astounding predictions. The industry…

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[cannabisbusinessexecutive]

Study Shows Legal Marijuana Could Bring 1 Million Jobs & $132 Billion In Tax Revenue If Federally Legalized

Legalizing marijuana nationwide would create at least $132 billion in tax revenue and more than a million new jobs across the United States in the next decade, according to a new study.

New Frontier Data, a data analytics firm focused on the cannabis industry, forecasts that if legalized on the federal level, the marijuana industry could create an entirely new tax revenue stream for the…

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[cannabisbusinessexecutive]

For States, It's Hard to Give up Potential Billions in Marijuana Taxes

For States, It’s Hard to Give up Potential Billions in Marijuana Taxes

States are addicted to cannabis tax revenues. According to a new report from New Frontier Data, states with legalized marijuana are on track to generate approximately $655 million in state taxes on retail sales in 2017. Within that tax figure, $559 million will come just from cannabis taxes, much more than from alcohol taxes.

The report also forecasts that tax revenues in states with legalized…

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