New Frontier Data Unveils Nine Foundational Pillars of Cannabis Markets at Latin American Symposium in Panama City

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Global cannabis industry leaders share lessons learned with Latin American officials and stakeholders during inaugural closed-door session

Panama City, Panama (February 5, 2019) – New Frontier Data, the authority in data analytics and business intelligence on the global cannabis industry, in collaboration with CannaTech, a leading cannabis-focused international educational event platform, will hold the inaugural and 2019 InterCannAlliance (ICA) Latin America Symposium in Panama City, Panama in early February.

New Frontier Data has identified nine foundational industry sectors critical to the establishment of healthy and stable legal cannabis markets across the world. To continue to objectively and responsibly inform new and current cannabis industry stakeholders, New Frontier Data has forged the ICA, an alliance that unites recognized leaders from each of these industry sectors to educate governments and commercial enterprises as they prepare to establish regional legal cannabis economies.

The nine foundational verticals of the ICA educational structure and their corresponding industry experts include (in the order in which the verticals should be established):

  1. Policy, Vicente Sederberg (U.S.)
  2. Regulation, Hoban Law Group (U.S.)
  3. Taxation, CohnReznick (U.S.)
  4. Lab Testing,Steep Hill Labs (U.S.)
  5. Compliance, Simplifya (U.S.)
  6. Data and Reporting, New Frontier Data (U.S.)
  7. Cultivation, TheraCanna (Australia)
  8. Processing, Mountain Medicine (Canada)
  9. Patient and Customer Education, Lift (Canada)

“We have spent the past few years following and studying the emergence of over 30 new legal U.S. cannabis markets and the unique approach and path to market each followed, and with dozens of nations around the world testing new market models to fit their own socio-economic needs, the presence, sequence and strength of these nine foundational pillars will influence the success or failure of emerging legal markets,” said New Frontier Data Founder & CEO Giadha Aguirre de Carcer. “We led the creation of the InterCannAlliance to foster discussions about best practices in the legalization and regulation of cannabis across the globe and help new markets ensure that they each have the knowledge and intelligence needed to follow a clear and responsible path to what they hope to achieve with cannabis legalization.”

The inaugural 2019 ICA Latin America Symposium is the first event of its kind anywhere in the world. This one-day, invitation-only symposium will bring together established leaders who have succeeded in mature cannabis markets and C-level executives and senior government officials from emerging markets across Latin America to share their story and expertise in an intimate and open setting.

New Frontier Data will release its new report, “The Latin American Regional Cannabis Report: 2019 Industry Outlook,” at the ICA Latin America Symposium. Symposium attendees will receive a full brief of this first-of-its-kind report before its full public release.

Aguirre de Carcer, Founder and CEO of New Frontier Data, will present on “The International Cannabis Marketplace – New Opportunities and Challenges in Latin America.” New Frontier Data’s cannabis industry analysis and projections cover over 80 countries around the world; its reports and earned media coverage reached almost 7 billion worldwide in 2018. Aguirre de Carcer is considered an expert on emerging markets and strategic development; she is fluent in five languages including Spanish, Portuguese, French and Italian.

Please email to request an invitation to ICA Panama or for more information.

Note: ICA Panama is independent of CannaTech Panama. For more information on CannaTech Panama, please email

About InterCannAlliance:

The International Cannabis Alliance (InterCannAlliance) was created in March of 2018 to bring advancements from existing legal cannabis markets to new and evolving legal cannabis markets around the globe. As established and emerging markets look to cannabis to reinvigorate their economies, healthcare and a range of industries, InterCannAlliance unites recognized leaders from industry segments considered to be critical building blocks for any cannabis market. The organization seeks to simplify the complex and inconsistent regulatory environments being implemented across and within nations and to help emerging markets capitalize on lessons learned elsewhere. The InterCannAlliance conducts invitation-only quarterly regional symposia to facilitate collaboration among governments, non-government organizations and large commercial enterprises to expedite access to and assessment of opportunities while accelerating growth. For more information, visit

About New Frontier Data:

New Frontier Data is an independent, technology-driven analytics company specializing in the cannabis industry. It offers vetted data, actionable business intelligence and risk management solutions for investors, operators, researchers and policymakers. New Frontier Data’s reports and data have been cited in over 80 countries around the world to inform industry leaders. Founded in 2014, New Frontier Data is headquartered in Washington, D.C. with additional offices in Denver, CO, London, UK, Bogota, Colombia, and Hong Kong.

New Frontier Data does not take a position on the merits of cannabis legalization. Rather, its mission and mandate are to inform cannabis-related policy and business decisions through rigorous, issue-neutral and comprehensive analysis of the legal cannabis industry worldwide. For more information about New Frontier Data, please visit:

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