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October 28, 2018
  • There are an estimated 2.8 million cannabis consumers in Oceania, representing a total addressable market of approximately $5 billion USD.
  • While Australia, New Zealand, and Guam have legal medical markets, and the Northern Mariana Islands recently legalized both medical and adult use, the vast majority of the total addressable market remains illicit.
  • Much of the demand resides in Australia and New Zealand, the countries with both the highest rates of cannabis use and the highest GDP per capita levels in Oceania.   

Newly Released Report:

The Oceania Cannabis Report

2018 Industry Outlook

This free report covers:

  • Quantitative demand estimates for the size of the total addressable cannabis market in the Oceanic Region 
  • Estimates for the total current annual consumption in the region by country
  • Estimates for the potential patient populations in each country in the Oceanic region that has legalized medical cannabis to date
  • Recommendations for investors and operators currently looking to capitalize on the opportunity in the Oceanic region.
And much, much more….
Get Your Copy Today
You Asked, We Answered
Q: Now that Canada has legalized adult use, is it worth investing in the U.S. market?
 
On October 17, 2018, Canada became the first developed nation to fully legalize cannabis. The historic milestone in the cannabis industry’s growth has further propelled enthusiasm for one of the fastest-growing business sectors in the economy... Read our full answer here
Ask Our Experts is a weekly interactive feature in the CannaBit.
SUBMIT YOUR QUESTION

Examining the  Oceania Cannabis Market

By Yona Torres Editor New Frontier Data 

New Frontier Data’s most recent report release is an analysis of the budding cannabis market in Oceania (Australia, New Zealand, and the islands that comprise Melanesia, Micronesia, and Polynesia.) As the legal cannabis industry expands globally, Oceania serves as another example of significant and economically developed countries, including Australia, making changes to their medical cannabis laws.
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New Frontier Data New Oceania Cannabis Report Featured...

Australia missing out on more than $5 billion by not legalising cannabis use, report finds

SHOULD the recreational use of cannabis be legalised in Australia, the market would be worth more an estimated $5 billion annually.

That’s the finding of in-depth analysis by the global firm New Frontier Data, which looked at current illicit usage rates and comparable global regulated industries to model what a possible future legal marijuana market would look like...

Read the full article here >

Cannabis tourists could be charged despite legalization


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'A New Way To Treat The Brain': Stanford University Scientists Launch Cannabis Pharma Company


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In Nevada, Legal Cannabis Added $1 Billion Impact to State Economy

Read the full article here >

Georgia Could Become the First Country to Export Legal Marijuana


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


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