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October 21, 2018
  • The total Canadian cannabis market (legal + illicit) is worth CAD 8.65 billion (USD 6.61 billion).
  • By comparison, that is about 80% the collective worth of the Canadian film industry (CAD 10.80 billion, USD 8.26 billion).
  • Ice hockey is Canada’s official national winter sport, valued by Scotia Bank at CAD 2.60 billion (USD 1.99 billion) — less than 1/3 (30%) that of cannabis.
  • Likewise, the estimated total Canadian market for carbonated beverages is CAD 4.10 billion (USD 3.13 billion), less than half (48%) that of cannabis.

Featured Report:

The Canada Cannabis Report!

Canada’s Adult Use Goes Live! What does that mean for you? Find out with this extensive, in-depth report that examines: 

  • Is Canada the market of choice for investment?
  • Total Canadian Domestic Market Demand?
  • Is the Medical Market Still Viable?
  • Canada’s Role as a Global Exporter?
  • A Shift in Consumer Product Preferences?
And much, much more….
Order Your Copy Today
You Asked, We Answered
Q: I know that Thailand is legalizing medical cannabis, but other Southeast Asian countries do not seem to be in a rush to do so. What will it take for other Asian countries to get onboard with cannabis reform?
 
Most Asian countries are far from full cannabis legalization, however, what used to be considered fringe movements for cannabis reform are gaining more attention. Southeast Asian countries, in particular, tend to be more conservative in their views on cannabis in comparison to Europe and Latin America, but attitudes are changing... Read our full answer here
Ask Our Experts is a weekly interactive feature in the CannaBit.
SUBMIT YOUR QUESTION

Canada Goes Fully Legal

By Yona Torres Editor New Frontier Data
All eyes are on Canada as the country takes its first few steps into a fully legal cannabis landscape. As such, Canada is taking a measured pace in its rollout of legal adult use cannabis. The country is currently limiting its product offerings and will not permit edibles...
Read Here

Illinois Legalizes Industrial Hemp

 
By Larry Mishkin, Hoban Law Group, Litigation Practice Group Counsel
 
Last month, Illinois Gov. Bruce Rauner signed into law Senate Bill 2298, the Illinois Industrial Hemp Act, which became effective immediately. The act allows Illinois farmers, in conjunction with a university or other recognized research group, to cultivate industrial hemp for research and commercial purposes...
Read Here

CannaCal
Global Cannabis Event Calendar 
  • Organize your 2018 cannabis conference calendar now!
  • Each event linked directly to the event website for full details or to register.
  • Search for events by keyword to quickly find what you need.
  • Filter events by category, organizer, region, and state to find events in your area or events that fit your interests/role in the industry.
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Share your cannabis events here!  If you have a cannabis or hemp related event and would like it to be featured in our Global CannaCal please let us know about it.  Let thousands of cannabis investors, researchers, operators, and like-minded individuals know about your conference or event.   It is free for you and valuable to our audience. 
Summit Your Event Here
New Frontier Data Job Creation Projections Featured...

As Canada legalizes recreational marijuana, Colorado tries to stem a brain drain on its own industry

In the relatively new cannabis industry, Colorado has long led the labor market. But this soon may change. With more U.S. states planning to legalize medical and recreational marijuana...

Read the full article here >

States with legal marijuana see rise in car crashes, studies find


Read the full article here >

Mexican Government Officials Visit Canada To Learn About Marijuana Legalization

Read the full article here >

Smoking cannabis may boost your risk of stroke by cutting off blood supply to the brain, scientists say


Read the full article here >

Provinces raked in revenue on day one of cannabis sales


Read the full article here >
Copyright © 2018 Frontier Financial Group, Inc., dba New Frontier Data, All rights reserved.


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