- As eradications decreased, the DEA’s number of interceptions of bulk processed cannabis nearly tripled, jumping 181%, from nearly 54,000 pounds in 2009 to over 151,000 last year.
- Rising volume in bulk cannabis interceptions reflects increased enforcement as the DOJ targets product diversion from legal markets to states where cannabis remains illegal or unregulated.
- Cannabis-related arrests, too, have fallen by more than half — indicating that while the agency apprehends fewer people, suspects are involved with greater quantities of product. For example, in 2009 the average arrest involved 5.3 lbs. of processed cannabis per suspect, which jumped to 33.7 lbs. (6.4x) per suspect in 2017.
- While legalization may constrain federal prohibition enforcement efforts, the DOJ has expressed strong support for civil asset forfeitures as a prohibition enforcement tool, suggesting that asset seizures may see a resurgence even as overall eradication activity significantly declines.
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The CBD Report is the leading authority on market sizes and analysis of business trends on the CBD (cannabidiol) industry.
This report is Hemp Business Journal’s third annual report and its first publication as a division of New Frontier Data. It is the definitive report on the U.S. CBD market, featuring over 100 pages of primary research, market analytics, investment intelligence, and insights from trusted industry leaders.
- 100+ pages of Market Intel, Data & Analysis
- 45+ NEW Data Charts never before published
- CBD product retail sales in dispensaries ("Marijuana-Derived") and all other retail channels ("Hemp-Derived")
- Company sales leaders across hemp-derived CBD and marijuana-derived CBD markets
- Market Forces: Analysis, Insights and Forecasting on GW Pharmaceuticals, Greenwhich Biosciences, Epidiolex, FDA, DEA
- Latest Medical Findings and Research
- Extensive coverage on the latest trends and innovations in the Natural and Specialty Market
- M&A Activity and Canada market insights
- Updated HJB Power Rankings for Hemp-Derived CBD companies
- And more!
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Q: What will happen in the market with the new federal legalization of industrial hemp?
First, it is important to clarify the question. There is no “new federal legalization” of industrial hemp per se, but rather measures to broaden industrial hemp’s accessibility to interested states and federal agencies... Read our full answer here
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Ask Our Experts is a new weekly interactive feature in the CannaBit.
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By J. J. McCoy,
Senior Managing Editor, New Frontier Data
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There are three weeks before the current farm bill is due to expire on September 30, and while negotiations for the Farm Bill 2018 continue in fine-tuning the new 1,000-plus-page legislative piece, the prognosis is positive for the industrial hemp industry. The timeliness of its passage, however, is another matter...
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U.S. Investment Opportunity Ranking!
This new Investment Opportunity Ranking tool is a composite index that considers opportunities and risks across a number of different market segments on a quarterly basis, as part of Equio’s continued focus on risk and investments tools for all cannabis industry stakeholders:
- Cultivation
- Retail
- Manufacturing
- Distribution
- Ancillary services
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We arrest and prosecute our citizens for smoking a joint, wasting police time and making criminals of decent people seeking a short-term recreational high...
Read the full article here >
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Ohio missing target date for selling medical marijuana
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Utah Officials Give Green Light For Industrial Hemp Production
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Pairing pot: What marijuana is right for your meal?
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Pharmacies grapple with medical marijuana sales rules
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